On October 16th, two Japanese semiconductor distribution companies, Ryoyo Electro (8068) and Ryosan (8140), which are currently undergoing business integration, announced the establishment of a joint holding company, Ryosan Ryoyo Holdings (HD). Following the merger, the companies aim to achieve group sales of 500 billion yen and an operating profit of 30 billion yen by the fiscal year 2029.

Ryosan Ryoyo HD will become the wholly-owned parent company of Ryoyo Electro and Ryosan through equity transfer. The headquarters will be located in the Chuo Ward of Tokyo.

The share transfer ratio will be 1.32:1 in favor of Ryosan. Both companies will be delisted on March 28, 2024, and Ryosan Ryoyo HD is scheduled to be listed on the Tokyo Prime Market on April 1, 2024.

About Ryoyo Electro

Ryoyo ElectroR was founded in 1961, headquartered in Tokyo, Japan. It is an electronics trading company selling “semiconductors and devices” and offering “ICT and solutions” in its business domain. Ryoyo Electro sells products and provides associated services to electronic equipment manufacturers and users in Japan and overseas. It endeavors to realize its vision of becoming “a company that provides the best solutions for our customers’ issues and problems in a faster and better manner than anyone else.” By leveraging its wide range of upstream and downstream contacts in the supply chain and taking advantage of the market needs, as obtained from end users, Ryoyo Electro expands its relationships with upstream electronics manufacturers; also, by creating unique solutions that combine product, technology and services, it is developing a business model that circulates information and value throughout the supply chain.

About Ryosan

Ryosan was founded in 1953 by Fujio Mori. As an electronics trading company with about 40 offices mainly in Japan and Asia, it specializes in the sale of semiconductor and electronic components in its device business and IT equipment in its solutions business. It sells products, such as electronic equipment, to manufacturers in Japan and overseas. Ryosan aims to become a “company that creates confidence and the best fit for society in the electronics domain.” It positioned the innovation of its business model, supplier networks and sales channels as pillars of growth. Ryosan is proceeding with the “promotion of the diversification of its portfolio” through extensive commercial rights acquisitions and channel reform, “deepening its local businesses in the Greater China” through collaboration with local investees, “benefiting from advanced investment products and new investment,” “investing in business transformation”, such as entry into new businesses, including manufacturing based on customer needs, “streamlining existing businesses” by utilizing various digital technologies and “developing business infrastructure”, such as management information development, education, risk management and governance.

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