December 19, 2014 - Zuken Inc. (head office: Yokohama City, Kanagawa Prefecture; President and Representative Director: Makoto Kaneko; hereinafter "Zuken") and Toyo Business Engineering Corporation (head office: Chiyoda-ku, Tokyo; President: Masanori Osawa; hereinafter "B-EN-G") have agreed to form a capital and business alliance. Zuken acquired 840,000 shares of B-EN-G (corresponding to 14.0% of its outstanding shares) from B-EN-G's parent company and other large shareholders based on the agreement, effective today.
Zuken is a leading supplier of CAD/CAM and Product Lifecycle Management solutions in Japans. B-EN-G, a company that builds Enterprise Resource Planning (ERP) systems and introduces them to manufacturers as its core business, has abundant experience in developing and selling related IT solutions.
Zuken's strength lies in design data management systems while production management systems comprise B-EN-G's forte. The two companies aim to offer more valuable IT solutions and services in the area of IT systems for manufacturers, which seamlessly cover product design, production, sales and cost management, to their respective customers through this alliance, enabling them to join hands in technology, marketing and personnel. Zuken and B-EN-G plan to set up a joint venture as a body that drives this business alliance forward toward its goals.
For inquiries on this matter, please contact
Mamoru Hirayama, Corporate Marketing Dept. (CMD)
Tel: +81-45-942-1511 E-mail: firstname.lastname@example.org
●Toyo Business Engineering Corporation
Hajime Ino, Legal&General Affairs Dept. Administration & Finance Div.
Tel: +81-3-3510-1615 E-mail: email@example.com
[Profile of the two companies]
|Date of establishment||December 17, 1976|
|Address||25-1 Edahigashi 2-chome, Tsuzuki-ku, Yokohama City, Kanagawa Prefecture|
|President and representative director||Makoto Kaneko|
|Capital stock||10,117 million yen|
|Net sales||19,772 million yen on a consolidated basis (results for the fiscal year ended March 31, 2014)|
|Main businesses||Provision of solutions that support streamlining and optimization of design and manufacturing in the manufacturing business, consultation, development of various IT systems, sales, support services, etc.|
|Number of employees||1,182 employees on a consolidated basis (as of September 30, 2014)|
|Name||Toyo Business Engineering Corporation|
|Date of establishment||December 20, 1980|
|Address||8-1 Otemachi 1-chome, Chiyoda-ku, Tokyo|
|President and representative director||Masanori Osawa|
|Capital stock||697 million yen|
|Net sales||12,635 million yen on a consolidated basis (results for the fiscal year ended March 31, 2014)|
|Main businesses||Consultation on business administration and telecommunications systems, planning and development of computer networks, and planning, development, sales and leasing of telecommunications systems|
|Number of employees||530 employees on a consolidated basis (as of September 30, 2014)|