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UT Group Q1 revenue falls 2 5% as profits tumble, announces acquisition of Hitachi Ibaraki Technical Service

Engineering and technical staffing firm UT Group Co. Ltd. (2146:TYO) reported revenue on Monday fell by 2.5% in the first quarter. Revenue totalled JPY 82.20 billion (USD 543.5 million).

UT Group to acquire Hitachi Ibaraki Technical Service

UT Group Co. Ltd. (2146:TYO), a Tokyo-based firm focused on engineering and technical staffing, announced it will acquire 51% of outstanding shares of Hitachi Ibaraki Technical Service Ltd. and make it a subsidiary.

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