Nojima Corporation

Nojima Corporation
Native name
株式会社ノジマ
Nojima kabushiki-gaisha
FormerlyNojima Electic Company, Limited (1962-1982)
TYO: 7419
IndustryRetail
Founded
  • April 1962 (1962-04) (as Nojima Electric)
  • June 23, 1982 (1982-06-23) (current incarnation)
HeadquartersMinamisawai,
Nishi-ku, Yokohama, Kanagawa Prefecture
,
Japan
Key people
Hiroshi Nojima (president and CEO)
ProductsConsumer electronics
Websitenojima.co.jp

Nojima Corporation (株式会社ノジマ, Nojima kabushiki-gaisha) is a Japanese consumer electronics conglomerate headquartered in Yokohama, Kanagawa Prefecture. The company operates the Nojima electronics store chain, which is mostly found in the Kantō area and also operates in Cambodia.

History

The company was established in 1959 as Nojima Electric Industry Co., Ltd. (野島電気工業社) in Sagamihara, Kanagawa, as a company selling electrical products.[1] Nojima Electric was set up in 1962 and the company was reorganized in 1982 to its current form, changing its name to the current Nojima Corporation in 1991.[2]

In 2007, Nojima and Shinden merged; Laox, which up until then was Shinden's largest shareholder, continued to hold shares for Nojima. In February 2009, the two companies reached an agreement to transfer the control of some of Laox's urban outlets, which were under financial difficulties, under the name Nojima Kanto Co. Ltd. (provisional name),[3] however, the companies did not reach a consensus over the specific transaction method and the deal was cancelled at the end of March.[4] In exchange, 200 Laox employees were hired by Nojima.[5] In October 2013, the company set up a subsidiary in Phnom Penh, Nojima (Cambodia) Co. Ltd., with an initial capital of 250 million yen.[2]

On May 7, 2015, it announced the merger of its wholly owned subsidiaries, ITN and ITX. ITN was created by Nojima to acquire shares.[6] In 2019, it acquired Courts' Asian operations.[7] Nojima entered the satellite television business on October 1, 2021, with the acquisition of three channels from Sony Pictures Entertainment and J:COM: AXN Entertainment, AXN Japan and Mystery Channel.[8][9] The AXN subsidiary acquired Animax and Kids Station from Sony Pictures Entertainment in late 2023; the sale closed on April 1, 2024;[10] at the end of 2024, it acquired Vaio.[11][12]

References

  1. ^ お客様に感動接客を！ノジマが目指す、消費者の感動を生むコンサルティング販売とは？
  2. ^ a b ノジマ【7419】 沿革 プライム（内国株式）
  3. ^ "株式会社ノジマ関東（仮称）の株式取得（子会社化）に関する基本合意書締結のお知らせ" (PDF) (Press release). 株式会社ノジマ. 2009-02-17. Retrieved 2010-12-23.
  4. ^ "株式会社ノジマ関東（仮称）の株式取得（子会社化）に関する基本合意書解除のお知らせ" (PDF) (Press release). 株式会社ノジマ. 2009-03-30. Retrieved 2010-12-23.
  5. ^ "ラオックス株式会社における退職予定従業員の採用に関するお知らせ" (PDF) (Press release). 株式会社ノジマ. 2009-03-30. Retrieved 2010-12-23.
  6. ^ ノジマ／子会社を合併
  7. ^ "Nojima completes acquisition of Courts Asia". 15 March 2019. Retrieved 2023-11-15.
  8. ^ "ノジマ、衛星放送事業に参入 ソニー系から買収". 日本経済新聞. 2021-08-02. Retrieved 2021-08-03.
  9. ^ "ノジマ、衛星放送参入へ ソニーグループなどから買収". 時事通信. 2021-08-02. Retrieved 2021-08-03.
  10. ^ "Nojima Corporation agreed to acquire Animax Broadcast Japan Inc and Kids Station Inc. from Sony Pictures Entertainment Inc". MarketScreener. December 18, 2023. Archived from the original on January 17, 2024. Retrieved March 27, 2024.
  11. ^ "Nojima to acquire PC company Vaio for ¥11.2 billion". 12 November 2024.
  12. ^ "ノジマが約112億円でVaioを子会社化 2025年1月6日付で（予定）".
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