Nojima Corporation
Nojima Corporation is a Japanese consumer electronics conglomerate headquartered in Yokohama, Kanagawa Prefecture. The company operates the Nojima retail chain, which is mostly found in the Kantō area and also operates in Cambodia.
History
The company was established in 1959 as Nojima Electric Industry Co., Ltd. in Sagamihara, Kanagawa, as a company selling electrical products. Nojima Electric was set up in 1962 and the company was reorganized in 1982, changing its name to Nojima Corporation in 1991.In 2007, Nojima and Shinden merged; Laox, which up until then was Shinden's largest shareholder, continued to hold shares for Nojima. In 2009, 200 Laox employees were hired by Nojima after an acquisition failed. In 2013, the company set up a subsidiary in Phnom Penh, Nojima Co. Ltd., with capital of 250 million yen.
On May 7, 2015, Nojima announced the merger of its ITN and ITX subsidiaries. ITN was created by Nojima to acquire shares. In 2019, it acquired Courts' Asian operations.
Nojima entered the satellite television business on October 1, 2021, with the acquisition of three channels from Sony Pictures Entertainment and J:COM: AXN Entertainment, AXN Japan and Mystery Channel. The AXN subsidiary acquired Animax and Kids Station from Sony Pictures Entertainment in late 2023; the sale closed on April 1, 2024; at the end of 2024, it acquired Vaio.