Ricoh Company, Ltd. provided new details regarding their merger with Toshiba Tec, announced last May.

According to the Ricoh press release, “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.”

The press release mentioned that Ricoh Company, Ltd. made “three timely disclosures to the Tokyo Stock Exchange regarding its business partnership with Toshiba Tec Corporation.

Here are the rest of the details from the announcement:

  • Company name: ETRIA CO., LTD.
  • Address: Yokohama-shi, Kanagawa, Japan
  • Representative name: Katsunori Nakata, President and CEO (Corporate Senior Vice President, General Manager of Office Printing Business Group, Ricoh Co., Ltd.)
  • 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