Daiko Denshi Tsushin, Ltd. (TSE:8023) agreed to acquire IDES Co. Ltd. from Systems Design Co., Ltd. (JASDAQ:3766) on February 8, 2019. Daiko Denshi Tsushin, Ltd. agreed to acquire 0.1 million shares of IDES Co.

Ltd. As of March 31, 2018, IDES Co. Ltd. reported net assets ¥189 million, total assets of ¥464 million, sales of ¥705, operating income ¥68 million and net income ¥47 million. The transaction is expected to complete on February 21, 2019.