Notification of the Consolidation of the JBS Group

2019.04.01

Announcement

Japan Business Systems, Inc. (Head Office: Minato-ku, Tokyo; Representative: Yukihiro Makita, President; hereinafter “JBS”) announces the absorption-type merger of wholly owned subsidiaries JBS Technology, Inc. and Vantel System, Inc., effective April 1, 2019.

1. Purpose of Merger

With this merger, 1,800 IT engineers, who account for 80 percent of consolidated employees, will assemble at the new JBS strengthening the sales organization and improving management efficiency. In order to continue providing high value-added services going forward as a business partner that realizes customers’ digital transformation, JBS will further enhance its biggest strengths of technical capabilities and experience and strive to expand its service lineup and offer better solutions to support the resolution of its customers’ business issues.

2. Merger Overview

Date of merger: April 1, 2019
Method of merger: absorption-type merger with JBS as the surviving company and JBS Technology, Inc. and Vantel System, Inc., as the absorbed companies

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