Expansion of the Lifestyle-Related Business Through a Capital and Business Alliance with Nitori
First written in FY2022. 4 of 8 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
0 other companies' latest entry also says "Other".
- FY2026-H1Update to Nitori’s Ownership InterestAnnual report
「Nitori Holdings Co.,Ltd. 1-2-39 Shinkotoni 7-jo, Kita-ku, Sapporo 10,225 9.67」
It was disclosed that, as of 30 September 2025, Nitori Holdings Co.,Ltd. held 10.225 million shares, representing an ownership interest of 9.67% of issued shares. - FY2025-H1Update to Nitori’s Ownership InterestAnnual report
「Nitori Holdings Co.,Ltd. 1-2-39 Shinkotoni 7-jo, Kita-ku, Sapporo 10,225 9.62」
As of 30 September 2024, Nitori Holdings Co.,Ltd. held 10.225 million shares, representing 9.62% of issued shares, and was listed as a major shareholder. - FY2024Changes in Major ShareholdersAnnual report
「Nitori Holdings Co.,Ltd., which was a major shareholder at the end of the previous fiscal year, was no longer a major shareholder as of the end of the fiscal year.」
Nitori Holdings Co.,Ltd. was no longer a major shareholder as of the end of the fiscal year. References to the capital and business alliance and collaboration involving stores and e-commerce continued. - FY2023AdvancedAnnual report
「In April 2022, we entered into a capital and business alliance agreement with Nitori Holdings Co.,Ltd. We aim to expand the businesses of both groups by mutually leveraging their management resources and expertise, including by beginning to offer some of Nitori’s furniture and interior products at all directly operated stores in the EDION Group (EDION and １００満ボルト).」
Under the alliance with Nitori, the company began offering some furniture and interior products at all directly operated stores in the EDION Group. Nitori became a major shareholder at the end of the fiscal year. - FY2023-Q3AdvancedAnnual report
「In October 2022, we opened an “EDION × Nitori” collaboration booth at EDION Kurashiki Main Store (Okayama Prefecture), and began offering Nitori kitchen boards (cupboards) at EDION Toyonaka Store (Osaka Prefecture) in November 2022 and EDION Itami Store (Hyogo Prefecture) in December 2022. From January 2023 onward, we will also add interior packages containing items needed for starting a new life, including single beds, mattresses and lowboards that can also serve as TV stands, and expand their availability to all directly operated stores in the EDION Group (EDION and １００満ボルト).」
The company expanded its collaboration with Nitori from a collaboration booth at Kurashiki Main Store to offering kitchen boards at Toyonaka Store and Itami Store, and plans to expand interior packages to all directly operated stores from January 2023 onward. - FY2023-Q2AdvancedAnnual report
「As the first collaboration with Nitori Holdings Co.,Ltd., the Company opened an 「エディオン×ニトリ」 collaboration booth at EDION Kurashiki Main Store in Okayama Prefecture on 22 October 2022. The 「エディオン×ニトリ」 collaboration booth at EDION Kurashiki Main Store is based on the theme of “a high-quality living room where customers can relax with home appliances and furniture.” We have created a sales area where customers can experience furniture and interior products that complement home appliances as a complete offering, and will propose convenient and comfortable lifestyles. Going forward, we plan to progressively expand the rollout of 「エディオン×ニトリ」 collaboration booths, primarily at EDION’s large-format stores. In addition, banners have been placed on the homepages of Nitori’s official online store, 「ニトリネット」, and EDION’s official online store, 「エディオンネットショップ」, and reciprocal customer referrals have begun.」
Regarding the capital and business alliance with Nitori, the Company opened the first collaboration booth at Kurashiki Main Store on 22 October 2022 and began reciprocal customer referrals through banners on the two companies’ online stores. It plans to expand the rollout primarily at large-format stores. - FY2023-Q1AdvancedAnnual report
「On 27 April 2022, the Company entered into a capital and business alliance agreement with Nitori Holdings Co.,Ltd. The two companies will discuss and consider the following matters, primarily for the purpose of mutually leveraging the management resources and expertise of both groups to expand their businesses. (1) Collaboration on attractive store development (2) Mutual exchange of products and expansion of product lineups (3) Creation of synergies in the e-commerce business (4) Mutual use of logistics networks, installation services and after-sales service networks (5) Creation of synergies in the remodeling and corporate businesses On 27 April 2022, Nitori acquired the Company’s common shares from LIXIL through an off-auction purchase, as follows. (1) Number of the Company’s common shares acquired: 8,961,000 shares (percentage of the total number of issued shares as of 30 September 2021, excluding treasury shares: 8.60%) (2) Execution date of the acquisition: 13 May 2022 After this acquisition, Nitori plans to acquire an additional 1,463,900 common shares of the Company (percentage of the total number of issued shares as of 30 September 2021, excluding treasury shares: 1.40%) through an off-auction purchase or market purchase.」
The Company entered into a capital and business alliance agreement with Nitori, and the acquisition of 8,961,000 shares (8.60%) was completed on 13 May 2022. The companies will discuss and consider collaboration in stores, products, e-commerce, logistics and services, remodeling and corporate business, and an additional acquisition of 1,463,900 shares (1.40%) was also planned. - FY2022First statedAnnual report
「The two companies decided to enter into a capital and business alliance agreement (the “Capital and Business Alliance”) to improve their corporate value by mutually leveraging their management resources, contributing to customers’ more prosperous lives and meeting the expectations of all stakeholders. As part of the business alliance, they will discuss and consider collaboration on attractive store development, mutual exchange of products and expansion of product lineups, creation of synergies in e-commerce, mutual use of logistics networks, installation services and after-sales service networks, and the creation of synergies in the remodeling and corporate businesses.」
On 27 April 2022, the Company entered into a capital and business alliance agreement with Nitori Holdings Co.,Ltd. Nitori acquired 8,961,000 shares (8.60%) and planned to acquire an additional 1,463,900 shares (1.40%). The companies will consider collaboration in stores, products, e-commerce, logistics and services, remodeling, and corporate business.