JFTC Reviews the Proposed Integration of the Business for ATMs, Bank Branch Terminal Equipment and Other Products by Oki Electric Industry Co., Ltd., Hitachi, Ltd., and Hitachi Channel Solutions, Corp.

　The Japan Fair Trade Commission (hereinafter referred to as the “JFTC”) has reviewed the notifications submitted under the provisions of the Antimonopoly Act concerning the plan that Hitachi Channel Solutions, Corp. (JCN* 2010701015797) (hereinafter referred to as “HCS”), a subsidiary of Hitachi, Ltd. (JCN 7010001008844), will acquire manufacturing business for ATMs, bank branch terminal equipment, and other products of Oki Electric Industry Co., Ltd. (JCN 7010401006126) (hereinafter referred to as “OKI”, and HCS and OKI are hereinafter collectively referred to as the “Parties”) through an absorption-type company split, and the proposed share acquisition of HCS by OKI (hereinafter referred to as the “Transaction”).
　As a result of the review, the JFTC notified HCS and OKI today that it would not issue a cease and desist order.
　The JFTC, based on the premise that the Parties would implement their proposed remedies, concluded that the Transaction would not substantially restrain competition in any particular fields of trade.

＜Background of the Case＞

August 20, 2026: Acceptance of notifications of the Transaction (initiation of the primary review).
September 18, 2026: Notification that the JFTC will not issue a cease and desist order.

* JCN: Japan Corporate Number
* This announcement is a TENTATIVE TRANSLATION. Please refer to the original text written in Japanese.