Cognex Sells Japan Trading Unit for $11.9M After $16M Revenue
Cognex completed the sale of its Japan-focused trading business, acquired with Moritex in October 2023, for $11.9 million on April 1. The unit generated $16 million in revenue in 2025, and the divestiture is nonstrategic with no material effect on operations or financial results.
1. Divestiture Details
Cognex closed the divestiture of its Japan-focused trading business on April 1, 2026, slightly ahead of its initial second-quarter projection. The business was part of the Moritex acquisition completed in October 2023 and was sold for approximately $11.9 million, including related inventories.
2. Financial Impact
The Japan trading unit generated about $16 million in revenue during 2025. Management indicated the transaction is nonstrategic and is not expected to have a material impact on Cognex’s ongoing operations or financial performance.