Takebishi announced that it will acquire Genex Group, which sells electronic components mainly in the ASEAN region. The transaction will involve acquiring 100% of Genex Group's issued shares and making it a wholly owned subsidiary, with closing scheduled for October.
Takebishi announced that it will acquire Genex Group, which sells electronic components mainly in Southeast Asia. The acquisition price has not been disclosed, and the company will acquire 100% of Genex Group's shares and make it a wholly owned subsidiary. Closing is scheduled for October 2025.
Genex Group comprises 7 companies in 4 countries: Singapore, Malaysia, Thailand and the Philippines. In addition to electronic components, it also handles semiconductor components. Revenue for the fiscal year ending December 2025 was approximately $43 million (approximately ¥6.8 billion).
Takebishi aims to expand its business in the ASEAN region through the sales channels and customer base obtained through the acquisition. The company expects the transaction to have a minor impact on consolidated results for the fiscal year ending March 2027, but said it will promptly disclose any matters requiring disclosure in the future.