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.