SCSK acquires stake in Japan Process, forms strategic mobility and ICT alliance

SCSK Corporation confirmed the acquisition of 2,005,100 common shares of Japan Process Development Co., Ltd. for 3,115,925,400 yen, making Japan Process an equity-method affiliate with a planned ownership of 20.71% of voting rights. This acquisition involved shares held by Hitoshi Obu and Chikara Obu through off-market direct trading and is set to commence on October 8, 2025.

The strategic alliance aims to enhance software development capabilities, particularly in the automotive industry, which is seeing an accelerating shift toward software-defined vehicles. Key initiatives include sales and development cooperation in software development support for OEMs/suppliers, technical collaboration for mobility software products, and development cooperation in application software for industrial and ICT fields.

SCSK will also have the right to nominate one director to Japan Process's board, provided its ownership of voting rights remains at 15% or higher. Both companies have agreed to discussions regarding share transfers and a share subscription right for SCSK to maintain its equity-method affiliate status should Japan Process issue new shares, keeping SCSK’s ownership above 20%.