RYODEN Announces Full Acquisition of TOPAS electronic AG, Making It a Consolidated Subsidiary

RYODEN Corporation announces that it has acquired all shares of TOPAS electronic AG (headquartered in Hanover, Federal Republic of Germany, hereinafter "TOPAS") with the aim of strengthening the growth foundation of its overseas business through securing customer bases and technical support capabilities in the European market, and completed the consolidation as a subsidiary in July 2026.

▶ Background and Reasons for the Share Acquisition

In its medium- to long-term management plan, the Company positions strategic investments in domestic and international markets as one of its key management strategies. In particular, for overseas expansion, the Company is promoting an "Out to Out" business model, which involves globally deploying solutions developed in East Asia—such as environmental control, AI, and robotics—while also introducing products and technologies sourced overseas to regional markets through the Company Group’s overseas bases.

The Company aims to strengthen its business foundation to meet regional customer needs and leverage the Group’s product offerings, technical support capabilities, and solution proposal strengths to develop overseas bases into hubs for business creation, not just sales functions. Under these circumstances, this acquisition is a significant initiative to advance the Company’s European strategy and achieve business growth by leveraging local customer bases and technical support capabilities.

TOPAS is headquartered in Hanover, Federal Republic of Germany, and supplies semiconductors to industries such as industrial equipment, telecommunications, medical devices, and measurement and control systems across Europe. In the systems and services domain, the company provides unified communication-related solutions and operates maintenance and support services. TOPAS has built a long-standing business relationship with European customers and boasts strengths in technical support, customer service, and supplier relationships.

Through this share acquisition, RYODEN aims to expand business opportunities in the European market by combining TOPAS’s established European customer base and sales and technical support functions with the Group’s procurement capabilities, solution proposal strengths, and private-label product offerings in Japan, Asia, and the United States. Additionally, the Company plans to introduce the Group’s products and solutions to TOPAS’s existing customers and connect the Group’s suppliers and technical resources to the European market, thereby driving global business growth.

※ Unified Communication: A foundational technology that integrates fragmented communication methods—such as phone, email, chat, and web conferencing—into a single platform, enabling seamless communication through the most suitable method regardless of time or location.

▶ Overview of TOPAS

(1) Company Acquired

TOPAS electronic AG

(2) Location

Großer Kolonnenweg 18C3, D-30163, Hannover, Germany

(3) Representative

Ulf Zell

(4) Business Activities

Sales of semiconductors to European industrial equipment, telecommunications, medical, measurement and control sectors, and system and service business related to unified communication

(5) Establishment

1978: Founded as TOPAS GmbH 1984: Name changed to TOPAS electronic Vertriebsgesellschaft mbH 2018: Organizational change to TOPAS electronic AG

(6) Capital

€750,000

(7) Ownership Ratio After Acquisition

100%

(8) Contract Signing Date

June 29, 2026

(9) Share Acquisition Date

July 1, 2026

(10) Acquisition Amount

Not disclosed

(11) Recent Sales Revenue

€18,080 thousand (fiscal year ended June 2025)

▶ Accounting Treatment Overview

This transaction qualifies as a 'business combination' under accounting standards. The allocation of acquisition cost and the amortization periods for goodwill and intangible fixed assets are currently under review.

▶ Future Outlook

Following the share acquisition, the Company will build a collaborative framework with TOPAS while respecting the business foundation, customer relationships, and supplier connections that TOPAS has cultivated. RYODEN will propose integrated solutions combining the Group’s electronic devices, private-label products, systems, and services to TOPAS’s existing customer base. By mutually leveraging the Group’s procurement capabilities in Japan, Asia, and the United States and TOPAS’s customer touchpoints and technical support capabilities in Europe, the Company aims to expand business opportunities in the European market.

▶ Contact for Inquiries Regarding This Matter

About RYODEN Corporation

RYODEN’s purpose is to "shape excitement through the power of connecting people and technology." Striving to become an "Excellent Company that co-creates the future," the Company continues to evolve into a globally respected enterprise by creating value together with all stakeholders through its corporate activities.

Through a network of over 2,000 partner companies, RYODEN continuously integrates new technologies to create solutions for the future. Based on its core businesses—FA systems, thermal building systems, and electronics—the Company addresses social challenges such as smart agriculture, medical digitization, and decarbonization, innovating the future with new ideas.

Representative: Takayuki Tomisawa, President and CEO Established: April 22, 1947 Head Office: Kyobashi Kosei Building, 10F, 5-1 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan Official Website: https://www.ryoden.co.jp/

＜Media Inquiries＞ https://www.ryoden.co.jp/inquiry/pr