DENTSU SOKEN INC.

Itochu announced on the 28th that it will conduct a tender offer for Dentsu Soken, a major system development company, at 2,880 yen per share through a subsidiary. Dentsu Soken plans to agree to the proposal, and Itochu will acquire 38.2% of shares, excluding those held by Dentsu Group, to take the company private. Regarding Dentsu Soken, the parent-subsidiary listing had been criticized by overseas institutional investors, and Dentsu Group had been considering taking it private to improve corporate governance. Dentsu Soken's market capitalization was 535.6 billion yen at the close on the 27th, and the total tender offer is expected to exceed 200 billion yen.

Wolters Kluwer and Dentsu Soken announced that Daihatsu Motor has selected the CCH Tagetik Intelligent Platform as its new budget management system. Dentsu Soken will provide end-to-end support from requirements definition and implementation through post-go-live operations and maintenance. Daihatsu chose the solution for its extensive standard functionality, flexible version management, phased scalability, and Dentsu Soken's proven automotive industry expertise. The platform will centralize performance management for departmental and prototype development costs, with a next-generation design for future expansion.