May 9, 2025
EXEO Group, Inc. (head office: Shibuya-ku, Tokyo; Tetsuya Funabashi, President; hereinafter the “Company”) announces that the Company today entered into contracts with SAT Co., Ltd. (head office: Fuchu-shi, Tokyo; Shigeru Kuramitsu, President; hereinafter the “SAT”) to acquire all of their outstanding shares as a measure for the reinforcement of its System Solutions Business (hereinafter the "Share Acquisition").
1. Purposes of the Share Acquisition
The Group believes that solving social issues is a universal mission as it laid out in its 2030 Vision and Medium-Term Management Plan (FY2021-FY2025). With this in mind, the Group will strive to connect and combine a variety of engineering areas through innovation and work relentlessly to create value for sustainable growth. By doing so, it aims to be a corporate group that is socially essential globally and in Japan.
SAT is a leading third-party maintenance service provider for IT hardware equipment. Leveraging the wealth of expertise and data it has accumulated since its establishment, it provides 24/7 nationwide troubleshooting support and on-site maintenance services throughout Japan, 365 days a year. It also supports a wide range of equipment, including over 1,500 models from 45 manufacturers in Japan and overseas. This Share Acquisition will enable the Group to further strengthen the IT hardware maintenance portion of its system maintenance and operation services, and strive to further enhance corporate value through mutual cooperation. In terms of the environment, the Share Acquisition will contribute significantly to sustainable efforts by reducing the environmental impact through measures such as the use of refurbished parts and extending the service life of equipment, thereby reducing consumption of resources.
2. Details of the Share Acquisition
The Company will acquire all of the outstanding shares in SAT in exchange for cash.
3. Outline of the new subsidiary
Name：SAT Co., Ltd.
Address：10F Hulic Fuchu Tower, 1-1, Nikko-cho, Fuchu-shi, Tokyo
Representative：Shigeru Kuramitsu, President
Business：Maintenance services for IT hardware equipment, IT infrastructure building, delivery and operation of IT solutions
Share capital：15,922,000 yen
Date of establishment：September 1, 2006
4. Future outlook
As a result of the Share Acquisition, SAT will become a consolidated subsidiary of the Group. The impact of the Share Acquisition on the Group's consolidated financial results for the current fiscal year will be minor.
Contact for inquiries
Public Relations Team, Corporate Communication Office , EXEO Group, Inc.
TEL. +81-3-5778-1075 E-mail: contact@en2.exeo.co.jp
