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Yamaha Announces a Change in the Date of the Merger of Two Domestic Audio Engineering Subsidiaries
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Yamaha Corporation has announced the merger of two subsidiaries engaged in providing engineering services related to professional audio equipment with the objective of strengthening its position in this business in Japan. However, the merger of these two companies––Yamaha Sound Technologies Inc. (Head Office: Chuo-ku, Tokyo; President: Shuji Fukushima; hereinafter, Yamaha Sound Technologies) and FUJI SOUND CO., LTD. (Head Office: Chiyoda-ku, Tokyo; President: Makoto Takanose; hereinafter, Fuji Sound)––has now been postponed from the originally scheduled date of January 1, 2009, to April 1, 2009, because the time required for relocation to a new office and completion of other preparations will be longer than originally anticipated.
Please note that Makoto Takanose, currently president of Fuji Sound, is scheduled to assume the office of president of the newly merged company, Yamaha Sound Systems Inc., which is outlined as follows.
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| Outline of the New Company to Be Formed through the Merger |
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Company name |
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Yamaha Sound Systems Inc. (YSS) |
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Address |
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Nihonbashi Daini Building, 41-12, Nihonbashi Hakozaki-cho, Chuo-ku, Tokyo |
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Business locations |
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Tokyo, Osaka, Nagoya, Fukuoka, and Sendai |
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Representative |
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Makoto Takanose, President and Representative Director (Mr. Takanose is scheduled to assume the office of president and is currently president and representative director of Fuji Sound.) |
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New scheduled date
of the merger |
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April 1, 2009 |
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Lines of business |
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Planning, system design, installation, adjustment, maintenance, etc., related to professional audio systems as well as development and manufacturing of professional audio equipment |
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Paid-in capital |
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¥49.6 million (100% invested by Yamaha) |
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Number of employees |
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140 |
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Sales target |
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¥6.0 billion in the third year following the merger |
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For further information, please contact
Yamaha Corporation
Public Relations Division, Public Relations Group
TEL. +81-3-5488-6601
FAX. +81-3-5488-5060
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