Conclusion of the Absorption-type Company Split Agreement
TOKYO, February 6, 2024 – Ricoh Company, Ltd. today made three timely disclosures to the Tokyo Stock Exchange regarding its Business Partnership with Toshiba Tec Corporation and integration of MFP development and manufacturing that were announced on May 19, 2023.
Ricoh and Toshiba Tec resolved to enter into an absorption-type company split agreement with Ricoh Technologies Corporation (the Joint Venture company) by their respective Board of Directors today, and the respective absorption-type company split agreements were signed on the same day.
Certain matters that were previously undecided have now been confirmed, while some details have been changed, as below.
Status of the successor company in the absorption-type split (The Joint Venture)
| Company name | ETRIA CO., LTD. |
| Address |
Yokohama-shi, Kanagawa, Japan |
| Representative name |
Katsunori Nakata, President and CEO |
| Principal business |
Development, production, and sales of peripheral devices and consumables for office machines, industrial equipment, optical equipment, and other products. |
| Capital stock | 500 million yen |
| Accounting date | March 31 |
| Effective date of the Absorption-type Split | July 1, 2024 |
For further detail, please see the links below
(Update on Previously Disclosed Transaction) Notice regarding Transfers (Acquisition of Shares) in Consolidated Subsidiaries
Notice regarding Absorption-type Company Split Agreement (Simplified Absorption-type Company Split) between Ricoh Company, Ltd. and Ricoh Technologies Co., Ltd. for the Integration of the Development and Manufacturing of Multifunction Printers and Other Products with Toshiba Tec Corporation
Related Information
(Corrections) Notice Regarding Partial Corrections to the “Notice regarding a Business Partnership between Ricoh and Toshiba Tec, etc.”
(Second Correction) Notice Regarding Partial Corrections to the “Notice regarding a Business Partnership between Ricoh and Toshiba Tec, etc.”
Notice regarding Transfers (Acquisition of Shares) in Consolidated Subsidiaries