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
Have news to share? We want to help you spread the word. Submit your media releases to firstname.lastname@example.org. Please submit releases in Word or text docs or in the body of an email. Please do NOT send PDF documents.