Lococo Inc. has acquired a 70.03% stake in Automagica, positioning it as a consolidated subsidiary to enhance its presence in the automation technology sector.
Information on the Target
ANOBAKA, headquartered in Minato-ku, Tokyo, is a prominent player in the technology sector, specializing in automation solutions. The company is under the leadership of CEO Taisuke Nagano, who has been instrumental in driving its innovative approach to business processes.
Recently, ANOBAKA officially entered into a share transfer agreement with Lococo Inc., a company listed on the Tokyo Stock Exchange (TSE Standard Market, Stock Code: 5868). As a result of this agreement, Lococo has acquired 70.03% of Automagica's outstanding shares, thereby making it a consolidated subsidiary.
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Industry Overview in Japan
The automation technology industry in Japan is experiencing robust growth, driven by increasing demand for efficiency across various sectors. As comp
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