Key Facts
• Hagiwara Electric HD, based in Nagoya, is a key supplier to Toyota.
• Satori Electric, headquartered in Minato City, Tokyo, specializes in electronic device sales.
• The two companies announced their merger on July 28, 2025.
• The merger is scheduled to be completed by April 2026.
• The integration aims to strengthen their business operations and market presence.
Summary
Hagiwara Electric Holdings, a Nagoya-based electronic components trading company and a key supplier to Toyota, announced on July 28, 2025, that it will merge with Satori Electric, a Tokyo-based electronic device sales company. The merger is set to be finalized in April 2026. This strategic move is expected to enhance their operational capabilities and expand their market influence.
