Notice on Changes of Investment Ratio to Subsidiary Company

May 19, 2022

TOKYO – Nikon Corporation (Nikon) and NISSO CORPORATION (NISSO) have agreed to change the investment ratio of Nikon Nisso Prime Corporation (NNP) in which both companies invest. From July 2022, Nikon's stake will decrease from 51% to 49%, while NISSO's stake will increase from 49% to 51%.

NNP was established in January 2020 as a joint venture between Nikon and NISSO in order to integrate the know-how of both companies and create synergies through collaboration. Since then, NNP has been enhancing its worker dispatching undertaking, supporting the work environment for older employees of Nikon Group, developing and securing employment opportunities for them to continue working, while building and strengthening the system.

By utilizing the diverse experience and knowledge of NNP human resources through collaboration with local governments, NNP also advances new initiatives such as providing support for the realization of regional revitalization.

In order to further strengthen such efforts, Nikon and NISSO have agreed to change their investment ratio in NNP as detailed above. By bolstering human resources development and increase support for various kinds of career development, that are NISSO's strengths, Nikon and NISSO aim to establish a system that proposes diversified employment formats and that further advances the utilization of the senior workforce in response to the decrease of labor force due to declining birthrate and aging population.

Nikon and NISSO aim to realize the NNP's company vision — "Creating a social platform that enables anyone who is willing to work to adapt to changes in the social environment and continue working" by making the most of the valuable experiences and skills of various people with different professional backgrounds and occupations through NNP.

Overview

Company name Nikon Nisso Prime Corporation
Representative Masahiko Yoshida
Head office Shin-Yokohama 214 Building 3F, 2-14-2 Shin-Yokohama, Kohoku-ku, Yokohama, Kanagawa
Capital ¥50 million (as of March 2022)
Business overview
  • Human resources dispatching/recruitment business
  • Contracting business
  • Planning, R&D, operation and support for creating opportunities for elderly people to work, and for establishing a system that allows them to continue working

The information is current as of the date of publication. It is subject to change without notice.