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Partial Succession of Matsukyu Co., Ltd.’s Electronic Components Business

March 15, 2024

OTAX Co.,Ltd.
Nippa-cho 1215, Kohoku-Ward, Yokohama, Kanagawa
Shukei TOMITA, President/ CEO

Subject: Partial Succession of Matsukyu Co., Ltd.’s Electronic Components Business

Dear our stakeholders,

We are pleased to announce that our company will partially succeed the electronic components business of Matsukyu Co., Ltd. (Head Office: 4-6-7, Nishi-Shinkoiwa,Katsushika-Ward,Tokyo; President: Kazuo KAMIYA).

1. Purpose of the Business Succession

For over 40 years, we have supplied components for various electrical equipment, including control devices, air conditioning systems, communication equipment, and office machinery through our switch business. By succeeding this electronic components business, we aim to increase sales and continue supplying parts to our customers in the electrical equipment industry.

2. Details of the Succession

The succession includes all production equipment, molding dies, pressing dies, and technical assets necessary for manufacturing the relevant components.

3. Targeted Products for Succession

DMS Series
DPS Series
DES Series
DTS Series
SRJ Series
MIS Series (partial models)

4. Scheduled Start Date of Succession

April 2024

Sincerely yours,

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