Notice regarding the Conclusion of the Absorption-type Company Split Agreement related to the Business Partnership with Toshiba Tec and integration of MFP development and manufacturing
Feb 6, 2024
Ricoh Company, Ltd. today made three timely disclosures to the Tokyo Stock Exchange regarding its Business Partnership with Toshiba Tec Corporation
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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:
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
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Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.
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