Sat Nov 23 09:30:00 UTC 2024: ## Nojima Acquires Majority Stake in VAIO for ¥11.2 Billion

**Tokyo, November 11, 2024** – Major electronics retailer Nojima Corporation announced today that it has acquired approximately 93% of the shares of VAIO Corporation, a personal computer manufacturer based in Azumino, Nagano Prefecture, from Japan Industrial Partners (JIP) for ¥11.2 billion.

Nojima cited the acquisition as a strategic move to leverage the combined customer bases of both companies to expand business opportunities and strengthen VAIO’s financial strategy. While VAIO has seen a recent recovery in sales following a period of decline after Sony’s divestment of its PC business in 2014, the company has faced challenges in maintaining a healthy capital ratio. This acquisition is expected to provide VAIO with much-needed financial stability. The article notes that VAIO’s desire to partner with a financially stable company was a significant factor in the deal.

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