Mar 28, 2025
SATO Holdings Corporation absorbed its wholly-owned subsidiary, SATO Corporation, effective April 1, 2025. Post-merger, SATO Holdings transitions from a holding company to an operating company, inheriting the business operations of SATO Corporation. The company also changes its name to SATO Corporation, reflecting its new role and structure.
The merger aims to propel SATO toward its medium-term management plan objectives for 2024-2028. The plan focuses on strengthening management foundations for profitability and growth to drive innovation and train the workforce of tomorrow. This merger aims to integrate the executive functions of SATO Corporation1 with the holdings company2, simplifying the structure and clarifying responsibilities and authority to strengthen investment and co-creation capabilities. By consolidating the business functions, the company aims to enhance decision-making speed, optimize resource allocation and strengthen governance.
SATO Corporation President and Group CEO Hiroyuki Konuma stated, "Under the new organization, we will take on new challenges, cocreate new value with partners and make necessary capital investments. Through expansion into new markets and collaboration with innovative startups, we aim for further growth and development."
The merger was executed as a simplified and short-form merger under Japanese corporate law, and any impact on the consolidated financial results is expected to be minimal.
The company believes this integration will enable more effective use of human capital and ensure the achievement of its medium-term management plan, aiming for sustainable growth and trust from customers in an ever-changing world.
- 1.Planning, development, design, manufacturing, sales, and maintenance of auto-ID solution products (label and RFID printers, print and apply machines, software, labels, tags, hand labelers) to package as solutions with peripherals like barcode and RFID readers
- 2.Corporate strategy and business administration
About SATO
SATO (TOKYO:6287) designs and manufactures hardware, labels and tags and develops software to integrate with third party offerings as automatic identification solutions. These solutions streamline workflows, enabling data capture and visualization for a connected world of productivity, safety, reassurance and sustainability. By giving things a digital identity, SATO helps businesses in retail, manufacturing, food, health care and transport & logistics run smoothly. Founded in 1940, SATO has a presence in 26 countries with a workforce of over 5,700. For the fiscal year ended March 31, 2024, it reported revenues of 143,446 million yen ($992 million*).
More information about SATO can be found at www.sato-global.com.
*Based on an average exchange rate of 1 USD = 144.58 JPY
