ADVICS North America, Inc. is aiming to promote sales in the North American market. Our goal is to strengthen our competitiveness by building a unified organization with sales, development and product manufacturing.Acquisition of the two companies will be funded by $60 million dollars of capital increase by ADVICS Co., Ltd.
Note: ADVICS Co., Ltd. will obtain the $60 million from its shareholders as increased capital. (Shareholders: Aisin Seiki Co., Ltd. 40%, Denso Corporation, Sumitomo Electric Industries, Ltd., and Toyota Motor Corporation each 20%). – less – More from ZoomInfo »