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Acquisition of Accretech Powertro System Co., Ltd. as a Wholly-Owned Subsidiary

Acquisition of Accretech Powertro System Co., Ltd. as a Wholly-Owned Subsidiary

2020-10-1

In February 2019, the Company entered into a share transfer agreement under which the Company acquired 80% of the outstanding shares of the Company and made it a subsidiary. Subsequently, in June 2019, Fujitsu Telecom Networks Fukushima Ltd. changed its name to Accretech Powertro System Co., Ltd. With the completion of the construction of the system that was underway, the company has decided to accelerate the process of acquiring the remaining shares of the company.


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TOP NEWS
Acquisition of Accretech Powertro System Co., Ltd. as a Wholly-Owned Subsidiary