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Edion Corporation

From EverybodyWiki Bios & Wiki


Edion Corporation
"EDI" in blue superimposed with "ON" in orange, with "I" and "O" forming a standby symbol; on the bottom right is Edion's Japanese Katakana reading. EDION_Hiroshima_honten_20190623-1.JPG
Logo used since 2012 in former Eiden, Deodeo, Midori Denka and Ishimaru Denki stores
A twin low-rise in a row of similar low-rises
Native name
株式会社エディオン
Kabushiki gaisha Edion
Public (Kabushiki gaisha)
Traded as
ISIN🆔JP3164470001
IndustryElectronics
Predecessors
  • DEODEO Corporation
  • EIDEN Co., Ltd.
  • Midori Denka Co., Ltd.
  • Ishimaru Denki Co., Ltd.
  • 3Q Co., Ltd.
Founded 📆29 March 2002; 24 years ago (2002-03-29)
Founder 👔
Headquarters 🏙️, ,
Number of locations
1,184 (433 O&O, 751 franchised) (FY2020)
Area served 🗺️
Japan
Key people
Masataka Kubo (Chairman)
Brands
  • EDION (outside Hokkaido and Hokuriku)
  • Hyakuman Volt (Hokkaido and Hokuriku)
Owner
Members
Number of employees
8,778 (2020)
Subsidiaries3Q (Hyakuman Volt)
🌐 Websitewww.edion.co.jp
📇 Address
📞 telephone

Edion Corporation (株式会社エディオン, Kabushiki gaisha Edion, stylized in logo as EDION, short for Exciting Discovery in One Network) is one of the largest consumer electronics retailer chains in Japan (the third largest after Yamada Denki and Bic Camera, which includes Kojima).

Overview

Edion is mainly an electronics retailer. As of 2020, there are a total of 1,184 Edion and Hyakuman Volt (100満ボルト, Hyakuman Boruto) stores in Japan; 433 of which are owned-and-operated. The rest are franchises. Aside from stores, Edion also operates an online store.

Edion also operates a home renovation business, which the company claims is the largest home renovation business in Japan by sales.

History

The company was established in 2002 as a holding company for western Japan electronics retailer chains Deodeo and Eiden. It further acquired Midori Denka in 2005 and 3Q (trading as Hyakuman Volt) in 2007 (becoming a wholly-owned subsidiary in 2011).

The company established Tokyo Edion in 2007. All shares of Ishimaru Denki, which became an Edion subsidiary in 2006, were acquired by Tokyo Edion in 2008. In 2009, the group was reorganized; Deodeo and Midori Denka were merged into Edion West, and Tokyo Edion, Ishimaru Denki and Eiden were merged into Edion East (a renamed Eiden), while retaining their respective brands. Just one year later, Edion East and Edion West were dissolved and merged into the parent company. Eiden, Deodeo, Midori Denka, and Ishimaru Denki stores were further rebranded to Edion in 2012. The 3Q stores continue to use the Hyakuman Volt branding today.

In August 2013, Lixil Group acquired a stake in Edion and became its largest single shareholder.

External links



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