June 29, 2020
To: All Concerned Stakeholders
Company:

ID Holdings Corporation

Representative:

Masaki Funakoshi,
President and Representative Director(Securities Code 4709; TSE 1st Section)

Inquiries:

Masayoshi Nakatani, General Manager,
Head of Corporate Strategy Department

TEL:+81 3-3262-5177

Notice of Acquisition of All Shares of ActiveT by an ID Group Subsidiary(Turning ActiveT into a Sub-subsidiary)
The ID Group (“the ID Group,” “the Group”) hereby notifies that, at the meeting of the Board of Directors of ID
Holdings Corporation (“ID Holdings”) held on June 29, 2020, ID Holdings resolved that INFORMATIONDEVELOPMENT CO., LTD. (“ID”), a consolidated subsidiary of ID Holdings, would acquire all shares of ActiveT
Co., Ltd. (“ActiveT”).

1.

Reason for Acquisition of Shares

As the core subsidiary of the ID Group, ID provides IT services to customers in a wide range of fields, including
finance, public administration, transportation and manufacturing. In recent years, as it expands its operations in theChubu area of Japan, ID has been providing one-stop services to the automotive industry, a segment that isaggressively pursuing IT investment. These services range from software development and system infrastructure
to cybersecurity.
ActiveT, whose operations are based in Nagoya, holds strengths in software development aimed at fields such as
the automotive industry and civil service. It boasts a sophisticated framework for engineer training and a solid
customer base.
ID Holdings decided that ID would acquire the shares of ActiveT based on the judgement that the acquisition
would improve ID’s service capabilities focused on the Chubu area, strengthen its customer base, and lead to theexpansion of its production framework by strengthening the ranks of its engineers.
2.

Overview of Subsidiary Acquiring the Shares(1) Name(2) Location

INFORMATION DEVELOPMENT CO., LTD.
Banchokaikan, 12-1, Goban-cho, Chiyoda-ku, Tokyo(3) Name and position ofToshio Yamakawa, President and Representative Director

representative director(4) Details of operations

system operation management, software development,
system infrastructure, cybersecurity, etc.
1(5) Capital stock¥400 million(6) Date of establishment

April 1, 2019(7) Shareholders and theirID Holdings Corporation 100%

shareholding ratio(s)3.

Overview of Company to be Acquired(1) Name

ActiveT Co., Ltd.

(2) Location

My Building 2nd Floor, 1-18-24, Meieki-minami, Nakamura-ku,Nagoya-shi, Aichi(3) Name and position ofMasahito Toyosaki, Representative Director

representative director

4.

(4) Details of operations

Development under contract of software(5) Capital stock¥50 million(6) Date of establishment

November 7, 1996

(7) Shareholders

Masahito Toyosaki and two others(8) Relationship(s) between theCapital relationships

company to be acquired andPersonal relationshipsID Holdings

Business relationships

None(9) Net sales¥347,247 thousand (Fiscal year ended September 30, 2019)(10) Total assets¥210,004 thousand (Fiscal year ended September 30, 2019)

Number of Shares Acquired, Acquisition Price and Shares Held Before and After Acquisition(1) Number of shares held before―

present acquisition(2) Number of shares acquired

320 shares(3) Acquisition price

Following consultation among the parties, it is decided not todisclose the acquisition price.

(4) Number of shares held after

320 sharespresent acquisition
5.

Schedule

Date of conclusion of contract to transfer shares: June 29, 2020
Date of execution of share transfer: June 30, 2020
6.

Forecast

The present share acquisition is expected to have minimal impact on the Group’s FY2020 consolidated businessresults.

DISCLAIMER
This English translation is only for reference purpose. When they are any discrepancies between original
Japanese version and English translation version, the original Japanese version always prevails.

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