TIS and its subsidiary Intec announced that TIS will absorb Intec through a merger, with TIS remaining as the surviving entity. The newly formed company, named “TISI,” is scheduled to launch on July 1, 2026. The decision was approved as a basic policy at TIS’s Board of Directors meeting held on the same day.
The merger will bring a new company name. It will also shift to a governance structure with an audit and supervisory committee. TIS said that since IT Holdings became a joint holding company in April 2008, TIS and Intec have collaborated closely. After shifting to an operating holding company in July 2016, they aimed to create synergies as key parts of the TIS Intec Group. These efforts have focused on enhancing customer value and strengthening corporate performance.
TIS highlighted the need to quickly move forward with its long-term strategy, “Group Vision 2032.” This strategy was set up in May 2024, especially given the fast-changing business landscape. The company sees the merger as a key move to strengthen its business and management base.
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The new name, “TISI,” shows the company’s commitment to its legacy. It also highlights a focus on technology and innovation for better system and service integration. TIS says the merger will create more value for customers and society. It will also improve how management resources are used and boost the performance of core business units. In the end, this will enhance the overall value of the company.
Yasufumi Okamoto, current president and CEO of TIS, will lead TISI as its president and CEO. For the fiscal year ending March 2025, TISI expects to have sales of ¥383.9 billion. The operating profit is projected to be ¥46.2 billion, and the company will employ 9,497 people. The company will establish headquarters in Tokyo, Osaka, Nagoya, and Toyama.