TOKYO, May 18 (Pulse News Wire) – UPR Corporation (7065.T) announced today that its board of directors approved the sale of its vehicle solution business to Raku-P. The transaction, which includes sales of automotive devices and car-sharing services, was finalized, with the expected completion date set for September 1, 2026.
In fiscal 2025, the vehicle solution business generated revenues of ¥384 million and accounted for 2.5% of the consolidated revenue of ¥15.35 billion. Details such as operating profit figures remain undisclosed due to confidentiality agreements with the buyer. The transfer price and related assets and liabilities are also non-disclosed but agreed upon fairly between the parties involved. Raku-P, headquartered in Hiroshima, Hiroshima Shichuu Ku Hashimoto Machi 7-14 Hashimotocho BLD 8F, specializes in AI-based vehicle identification and billing services.
Founded in October 2022, the company has a capital of ¥10 million. The deal aligns with UPR's strategic focus on logistics-related businesses outlined in its mid-term vision released on October 15, 2025. UPR expects the impact on its overall performance to be minor. Any significant developments will be disclosed promptly.
🟢 Confidence: High AI-translated content.