Sojitz Corporation


Announcement regarding Merger of Nissho Electronics with Sojitz Systems

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Sep. 1, 2017
Nissho Electronics Corporation
Sojitz Systems Corporation
Sojitz Corporation

Two of Sojitz Corporation’s consolidated subsidiaries, Nissho Electronics Corporation (“Nissho Electronics”) and Sojitz Systems Corporation (“SSC”), have resolved to merge in accordance with the outline below.

1. Purpose of the Merger
Respond to customers’ diverse needs by combining Nissho Electronics’ strength in ICT infrastructure software and construction with SSC’s core system development, construction, and administration ability. Additionally, raise Sojitz’s presence within the ICT industry and build a platform for sustainable growth through initiatives aimed at Japan’s growing “Competitive IT”* and “AI/IoT” fields.

* Competitive IT: Actively using IT to achieve business innovation and improve earnings and productivity, as a means of increasing medium- to long-term corporate value and strengthening competitiveness. (Source: Ministry of Economy, Trade, and Industry.

2. Outline of the Merger
(1)Effective as of :
   January 1st, 2018

(2)Merger Structure
   While the companies will maintain an egalitarian relationship following the merger, in terms of legal proceedings, the company will retain the name Nissho Electronics having absorbed SSC.

3. Overview of Parties to the Merger

Trade Name Nissho Electronics Corporation
(surviving company)
Sojitz Systems Corporation
Representative Director Masakazu Okamura,
President & CEO

Takumi Nambu
President & CEO

Location 3-5, Nibancho,
Chiyoda-ku, Tokyo
3-5, Nibancho,
Chiyoda-ku, Tokyo
Main Business Provider of information communications equipment, IT infrastructure, and other cutting-edge solutions both in Japan and around the world, as well as a provider of services such as system design and construction, maintenance, operation, and monitoring. Software development, information processing, communication network services, sales of software/hardware packages.
Fiscal Reporting Period Ends March 31st Ends March 31st
Capitalization JPY 14,336,870,000 JPY 111,590,000
Sales(as of March 31st, 2017) JPY 39,393,000,000
JPY 4,449,000,000
Employees 779(consolidated) 217
Main Offices Kansai Office, Chubu Office, Chugoku Office, Kyushu Office, Hokkaido Sales Office Kasumigaseki Office, Osaka Office
Ownership Sojitz - 96.55%
Sojitz Asia - 3.45%
Sojitz - 100%

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