Secure, Inc. completed the acquisition of JTN Co., Ltd. from Tsuyoshi Okada and Yasuhiro Takahashi.
January 04, 2024
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Secure, Inc. (TSE:4264) agreed to acquire JTN Co., Ltd. from Tsuyoshi Okada and Yasuhiro Takahashi for ¥760 million on December 18, 2023. As part of acquisition, 241 shares will be acquired. Secure, Inc will fund the acquisition from borrowings. For period ended September 2023, JTN Co., Ltd. reported net worth of ¥402 million, total assets of ¥514 million, sales of ¥487 million, operating income of ¥84 million and net income of ¥53 million. The transaction is expected to complete on January 5, 2024.
Secure, Inc. (TSE:4264) completed the acquisition of JTN Co., Ltd. from Tsuyoshi Okada and Yasuhiro Takahashi on January 5, 2024.
SECURE Inc is a Japan-based company mainly engaged in Internet-related security business. SECURE AC (Access Control), SECURE VS (Video Surveillance), and SECURE Analytics (Image Analysis Service) are three services that combine equipment and software to meet the needs of each company and are sold to a wide range of customers from small to large companies. In addition, the face recognition system of the access control system and some services of the surveillance camera system use artificial intelligence (image recognition) technology. The company procures artificial intelligence algorithms from outside combined with the equipment and provides integrated solutions from system construction (including implementation of artificial intelligence) to installation, construction and after-sales tracking. The group provides a complete solution from system construction, installation and commissioning to after-sales service.
SECURE, INC. 
