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Kokuyo eyes more acquisitions in growth push
Financial Express Pune
|November 07, 2025
Company targets over 3x rise in India revenue in 5 years
JAPANESE STATIONERY AND FURNITURE major Kokuyo, which acquired furniture maker HNI India earlier this year, will tap segments such as residential real estate, lifestyle and education to grow its presence in the domestic market, Masahiro Fukui, managing officer of the firm’s global workplace division, said in a conversation with FE.
The plan is to grow India revenue more than threefold in five years, Fukui said, for which the company may look at further acquisitions to fill portfolio gaps. Kokuyo has completed the rebranding of HNI India, its second acquisition in the country, to Kokuyo Workplace India (Kokuyo India). Kokuyo India has an annual revenue of ₹250 crore, growing at 15-20% per annum.
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