Yamada Holdings and Edion announced Thursday they are considering a business integration, with a decision expected at their respective board meetings Friday. Combined consolidated sales at Yamada and Edion totaled about ¥2.5 trillion in fiscal 2025, compared with about ¥980 billion at second-ranking Nojima and about ¥970 billion at third-ranking Bic Camera.
The two companies aim to enhance price competitiveness and sales of private-brand products in response to stalled growth in Japan's home appliances market due to declining population and increased competition from other sectors such as furniture retailer Nitori Holdings.
Yamada, headquartered in Takasaki, Gunma Prefecture, had 8,774 outlets at the end of March, while Edion, based in Osaka, had 1,180 outlets at the end of March.
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