Kanematsu acquires shares in Datatec Co., Ltd.

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February 1, 2021


 Kanematsu Corporation (below, "Kanematsu") is pleased to announce that on February 1, 2021, it acquired 90% of shares in Datatec Co., Ltd. (below, "Datatec") with a view to expanding its next-generation mobility business.

 By providing products and services such as digital tachographs for commercial vehicles and in-vehicle devices that aid safe driving, Datatec aims to bring about a society without traffic accidents. It possesses particular expertise in vehicle behavior analysis technology. Furthermore, in an effort to build a society that protects the global environment, it provides products and services that improve fuel efficiency, thereby contributing to reductions in CO2 emissions. It is currently conducting field tests in Indonesia as part of the Ministry of the Environment's "Financing Program to Demonstrate Decarbonization Technology for Realizing Co-Innovation" developing technologies aimed at facilitating a shift to low-carbon worldwide.

 Through this share acquisition, Kanematsu intends to further expand sales of Datatec's flagship product, the digital tachograph, in Japan and overseas, particularly Southeast Asia, India and North America. Meanwhile, the vehicle behavior analysis technology that Datatec specializes in will be put to work in developing new business in the in-vehicle telematics market. Additionally, we will pursue new data business by harnessing AI and the vast amounts of vehicle operation data obtained from Datatec's in-vehicle units.

 Datatec's advanced technical capabilities help to promote safe driving. With "environment," "safety," and "comfort" as our watchwords, we will use them to work towards a next-generation mobility society that is free from car accidents and friendly to the environment.


<Datatec Company Profile>

Name Datatec Co., Ltd.
Established July 1983
Representative Michiyasu Tano
Head Office Green Place Kamata 11F, 7-37-10 Nishi-Kamata, Ota-ku, Tokyo, Japan
Business Activities Development and sales of tachograph, capable of driving diagnostics, accelerometers, and devices for measuring the angle and position of moving objects


[Contacts]
Public & Investor Relations Section
Kanematsu Corporation
Tel: +81-3-5440-8000

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