Synergies and Strengthening of the Management Platform through Group Restructuring

「Dalian Sipa Electronics Co., Ltd. and Sipa Electronics Japan Co., Ltd., which were consolidated subsidiaries in the previous consolidated fiscal year, were excluded from the scope of consolidation following the transfer of part of the equity interests.」

「We will establish the Business Development Department as a specialist organization to strengthen our ability to promote new business development, including M&A.」

「On 1 April 2024, the company's wholly owned subsidiaries Digital Technology Co., Ltd. and Ai-Net Lily Corporation merged to further strengthen and expand the systems infrastructure-related business, make effective use of management resources, and improve operational efficiency. In addition, the company acquired all shares of Avanza Co., Ltd. and Tohoku Systems Support Co., Ltd. and made them subsidiaries, with the aim of strengthening its domestic systems development structure, enhancing its ability to address customers' digital needs, and expanding its new customer base.」

「In December 2023, the company resolved to acquire all shares of Avanza Co., Ltd. and make it a subsidiary, with the aim of strengthening its domestic systems development structure, enhancing its ability to address customers' digital needs, and expanding its new customer base. Under the share transfer agreement, the company acquired 100% of the shares of the company on 22 January 2024. At a Board of Directors meeting held on 1 February 2024, the company resolved to acquire shares of Tohoku Systems Support Co., Ltd. and entered into a share transfer agreement.」

「The Board of Directors resolved that the company's wholly owned subsidiaries Digital Technology Co., Ltd. and Ai-Net Lily Corporation would merge, with the aim of further strengthening and expanding the systems infrastructure-related business, making effective use of management resources, and improving operational efficiency. The effective date of the merger is scheduled for 1 April 2024.」

「Under the share transfer agreement, the company acquired 100% of the shares of the company on 31 May 2023.」

「In November 2022, the company acquired 51% of the shares of Partners Information Technology, a US IT services company, to build a stronger relationship with the company and strengthen its US business.」

「In August 2022, the company agreed to acquire 51% of the shares of Partners Information Technology, a US IT services company, to build a stronger relationship with the company and strengthen its US business.」

「In June 2021, Ai-Net Lily Corporation became a consolidated subsidiary, establishing a structure covering the entire range of network infrastructure construction, including facilities. The company will continue working to expand its network solutions business by leveraging the strengths of each Group company.」

「In June 2021, Ai-Net Lily Corporation became a consolidated subsidiary. The company will strengthen its network solutions business by combining its network engineers' expertise with Ai-Net Lily's capabilities in infrastructure design, construction, and operations management.」

「During the fiscal year, DTS SOFTWARE VIETNAM CO., LTD., Dalian Sipa Electronics Co., Ltd., and Sipa Electronics Japan Co., Ltd. became consolidated subsidiaries, bringing all operating companies within the scope of consolidation. The Group will work as one to expand its business in the Japanese and overseas markets. In addition, in June 2020, the Shiba Development Center and the Daimon Development Center were consolidated to strengthen coordination between organizations and improve productivity, and the Monzen-Nakacho Development Center was opened.」

「In addition, the company began consolidating the Shiba Development Center and the Daimon Development Center to strengthen coordination between organizations and improve productivity.」

「To expand the Group’s global business in the financial-services field, we made Nelito Systems Limited a consolidated subsidiary. We are expanding operations in India and the Southeast Asian market.」

「To expand the Group’s global business in the financial-services field, we made Nelito Systems Limited a consolidated subsidiary. Going forward, we will expand operations in India and the markets of the United States and Southeast Asia.」

「Under “Strengthening the Group Management Platform,” we absorbed Data Links Co., Ltd. in October 2018 to accelerate decision-making and improve management efficiency. We aim to maximize business synergies in the solutions and BPO businesses, optimize the allocation of management resources, expand sales activities to grow the top line and strengthen the development platform.」

「At a meeting of the Board of Directors held on 3 August 2018, the company resolved to absorb its consolidated subsidiary Data Links Co., Ltd., with 1 October 2018 as the effective date, and the two companies entered into a merger agreement dated 3 August 2018. Data Links was subsequently absorbed, with 1 October 2018 as the effective date.」

「Under “Strengthening the Group Management Platform,” we decided to absorb Data Links Co., Ltd. in October 2018 to accelerate decision-making and improve management efficiency. We aim to maximize business synergies in the solutions and BPO businesses, optimize the allocation of management resources, expand sales activities to grow the top line and strengthen the development platform.」

「In overseas operations, we discontinued the business of DTS IT Solutions (Thailand) Co., Ltd. at the end of October 2017 to select and concentrate the Group’s management resources. We are also working to rebuild our overseas business platform and focus on priority businesses by strengthening business coordination between DTS America Corporation and Nelito Systems Limited in India, and expanding operations in Vietnam and China.」

「In overseas operations, we discontinued the business of DTS IT Solutions (Thailand) Co., Ltd. at the end of October 2017 to select and concentrate the Group’s management resources. Going forward, we will work to rebuild our overseas business platform and focus on priority businesses by strengthening business coordination between DTS America Corporation and Nelito Systems Limited in India, and expanding operations in Vietnam and China. Through this group reorganization, we aim to maximize business synergies and strengthen the management platform, thereby expanding the top line, strengthening the Group’s earnings power and enhancing corporate value.」

「In August 2017, Data Links Co., Ltd. became a wholly owned subsidiary.」

「In April 2017, Yokogawa Digital Computer Co., Ltd. and Art System Co., Ltd. were merged, integrating the DTS Group’s embedded-systems business into DTS INSIGHT CORPORATION. In August 2017, Data Links Co., Ltd. was scheduled to become a wholly owned subsidiary through a share exchange to further promote integrated group management.」

「The purpose of this company split is, based on the “embedded-systems strategy,” one of the priority measures in the medium-term management plan launched in April 2016, to expand the company’s scale, establish an efficient structure, expand its customer base and secure competitive advantages in the medical and automotive-related markets, and achieve further business growth.」

「Under the initiative to strengthen the group's overall capabilities, the company is preparing for the merger of 横河ディジタルコンピュータ株式会社 and アートシステム株式会社 by April 2017, with the aim of strengthening the embedded systems business. Through the merger, the company aims to establish an efficient business structure, expand its customer base in the medical and automotive markets, strengthen its competitiveness, and achieve further business growth.」

「Under “Strengthening SI Capabilities,” we reorganized our business units into “fields” that take into account synergies in business, technology and human resources, in order to respond rapidly to changes in the market environment. We are strengthening group management to maximize these strengths, including by creating new businesses suited to the characteristics of each field.」

「We continue to reorganize the Group to maximize group synergies in line with the business environment surrounding each company. In April 2015, we merged group companies DTS WEST and Sogo System Service Co., Ltd. and are working to expand the business under the new structure.」