Apr. 03, 2023Marubeni Corporation
On April 3, 2023, Marubeni Corporation (“Marubeni”) established an intermediate holding company, Marubeni I-DIGIO Holdings Co., Ltd. (“Marubeni I-DIGIO”), through the corporate spinoff announced in “Notice Regarding the Establishment of a Wholly-Owned Subsidiary through a Corporate Spinoff.” Marubeni I-DIGIO acquired Marubeni’s shares of Marubeni Information Systems Co., Ltd. (“Marubeni Information Systems”, Marubeni’s shareholding ratio: 100%), Marubeni Network Solutions Inc. (“Marubeni Network Solutions”, Marubeni’s shareholding ratio: 100%), and Marubeni IT Solutions Inc. (“Marubeni IT Solutions”, Marubeni’s shareholding ratio: 46%; Marubeni Information Systems’ shareholding ratio: 34%).In addition, the Board of Directors of Marubeni Information Systems resolved the allotment of shares of Marubeni IT Solutions and i2ts Inc. (“i2ts”, Marubeni Information System’s shareholding ratio: 100%) to Marubeni I-DIGIO at the general shareholders meeting held today.
Structure
1. ObjectiveIn recent years, the domestic ICT market has been rapidly expanding and is expected to continue to grow steadily. At the same time, the structure of the domestic ICT market itself is drastically changing due to the acceleration of digital transformation and the increasing responsibility for companies to respond to ESG and SDGs.Under these circumstances, Marubeni Group companies active in the ICT field, including Marubeni Information Systems, Marubeni Network Solutions, Marubeni IT Solutions, and i2ts, are creating and promoting their own ICT businesses respectively. However, to keep up with the rapid changes in the ICT market more quickly and strategically, Marubeni inaugurated a new structure led by Marubeni I-DIGIO through this corporate spinoff.Marubeni I-DIGIO will lead activities such as planning and executing strategies, including investments in advanced technologies or future growth fields, and creating synergies among Group companies.
2. Company Profile
Company Overview
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Previous Announcements from Marubeni Corporation:Notice Regarding the Establishment of a Wholly-Owned Subsidiary through a Corporate Spinoff (January 25, 2023)https://www.marubeni.com/en/news/2023/release/202301252E.pdf
Notice Regarding a Corporate Spinoff of Marubeni Corporation (January 25, 2023)https://www.marubeni.com/en/news/2023/release/00010.html
ContactMedia Relations Sec., Corporate Communications Dept., Marubeni CorporationTEL: +81-3-3282-4020