#Japan #Tokyo #Plus Corporation #Asturam #Stationery Business

Overview of the Acquisition

In a significant move aimed at enhancing its international footprint, Asturam Corporation, a subsidiary of Plus Corporation, is set to acquire a substantial part of Plus Corporation's overseas stationery manufacturing and sales business. The transaction will be effective from July 1, 2026, as confirmed by Plus Corporation, which is based in Minato, Tokyo, and led by President Tadahisa Imaizumi.

This acquisition is part of a broader strategic integration plan unveiled in March 2026, which aims to unify the stationery operations of the Plus Group by 2028. Asturam will issue new shares to Plus Corporation as part of this transaction, symbolizing a mutual commitment to collaborative growth.

Details of the Companies Involved

1. PLUS VIETNAM INDUSTRIAL CO., LTD.

• - Location: Ho Chi Minh City, Vietnam
• - Established: 1995
• - Website: plusvietnam.com.vn
• - Business: Manufacturing and selling stationery and office supplies in Vietnam.

2. Taiwan Plus

• - Official Name: 台湾普楽士股份有限公司
• - Location: Taipei, Taiwan
• - Established: 1985
• - Website: taiwan-plus.com.tw
• - Business: Engaged in the sale of stationery and office supplies in Taiwan.

Both companies will transition into completely owned subsidiaries of Asturam following the acquisition, setting a new stage for growth and innovation under a unified strategy. Importantly, there are no plans to change the names of either company post-acquisition.

Strategic Implications

The association between Plus Corporation and Asturam marks a critical step in their goal to become one of the world's leading comprehensive stationery manufacturers. The consolidated operations will leverage shared resources, expertise, and market presence to strengthen their competitiveness in the global market.

Furthermore, this move reflects a growing trend in the industry where companies are merging or consolidating operations to optimize efficiency and expand their reach. Plus Group subsidiaries Asturam, Japan Notebook Corporation, and others will be involved in this integration effort, all aimed at creating a more efficient and robust entity by 2028.

On a related note, the Group's subsidiary Sailor Pen Co., Ltd. will retain its status as an independent public entity, highlighting a strategic diversification within the group.

Conclusion

As this acquisition unfolds, the stationery sector will be watching closely. The transaction is poised to redefine the operational framework of the Plus Group and Asturam, marking a transformative phase in their business journey. The collective goal remains clear: to harness synergy, expand market presence, and lead the global stationery industry into the future.

With the shared ambitions of both Plus Corporation and Asturam, the stage is set for a new era of stationery innovation and excellence.