Hong Kong TOHEI Electronics Industry Co., Ltd. (Headquarters: Hong Kong, CEO: Shigeki Fujiwara, hereinafter HK TOHEI) has long held Cerevo Inc. (Headquarters: Chiyoda-ku, Tokyo, CEO: Keisuke Onuma, hereinafter Cerevo) shares were sold to Mr. Onuma, CEO of Cerevo, in line with the company’s participation in Hibino Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Akihisa Hibino).

As a result, Cerevo will no longer have a capital relationship with TOHEI Group., but  business alliance agreement concluded between. Your continued support for TOHEI Group and Cerevo Inc. would be highly appreciated.