# Ryosan and Ryoyo Electro finalize merger to form joint holding company

Ryosan and Ryoyo Electro have signed a final agreement to integrate management, establishing a joint holding company named Ryosan Ryoyo Holdings on April 1, 2024.

- Type: Acquisition
- Announced: 2023-10-16
- Where: Chuo-ku, Tokyo, Japan
- Status: announced
- Products: semiconductor products, electronic components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Ryoyo Electro Corporation](https://endata.com/companies/70273.md)
- [Ryosan Company, Limited](https://endata.com/companies/70274.md)
- [Ryosan Ryoyo Holdings](https://endata.com/companies/73660.md)
- [Ryoyo Electro Corporation](https://endata.com/companies/70273.md) (target)
- [Ryosan Company, Limited](https://endata.com/companies/70274.md) (acquirer)

## Sources

- [jp.reuters.com](https://jp.reuters.com/economy/industry/FLRUTTC3NFIBFLJ2ETE4Q2FD7E-2023-10-16/), 2023-10-16: "両社は半導体製品などを扱うエレクトロニクス商社で、デジタルトランスフォーメーション（ＤＸ）が加速する中、強固な経営基盤を確立するだけでなくそれぞれの強みを融合することで事業機会を拡大し、企業価値を向上する狙いがある"
- [axfctech.com](https://www.axfctech.com/IndustryTrends/47.html), 2023-10-18: "After the merger, the two companies aim to achieve group sales of 500 billion yen and operating profit of 30 billion yen in the 2029 fiscal year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.