TOKYO, Mar 25 (Pulse News Wire) – Techno Horizon CO.,LTD. (6629.T) announced today that its board of directors resolved to sell all shares of its subsidiary, Ad Science Co., Ltd., to Azuma Holdings Co., Ltd.
The transaction was finalized . Ad Science specializes in the distribution and technical support of advanced imaging equipment such as scientific research cameras and industrial cameras. The sale is part of TECHNO HORIZON's strategy to optimize its portfolio and transform its business model to enhance sustainable corporate value.
Azuma Holdings operates primarily in measurement and control technology fields, providing services such as device design, manufacturing, calibration, installation, and maintenance to industries, government agencies, universities, and research institutions. Key details of the transaction include: - Ad Science’s capital amount: ¥30 million - Established on June 3, 1992 - TECHNO HORIZON held a 100.0% stake in Ad Science prior to the sale - Number of shares transferred: 2,000 - Ownership ratio before transfer: 100.0% - Ownership ratio after transfer: 0.0% The impact of this share transfer on TECHNO HORIZON's consolidated performance is currently being evaluated. Once the effect is determined, the company will promptly disclose the findings.
🟡 Confidence: Standard AI-translated content.