Archive · 6 Nov 2025
Kokuyo Eyes Further Acquisitions to Triple India Revenue in 5 Years
A Japanese company called Kokuyo wants to grow a lot in India.
They already bought a furniture company called HNI India and renamed it Kokuyo India.
They also own a stationery company called Kokuyo Camlin.
Kokuyo plans to become three times bigger in India in the next five years.
They want to do this by buying more companies and by selling furniture for homes, for people's lifestyles, and for schools.
They have a factory in Nagpur and want to make more things there.
India is already one of their biggest markets outside of Japan and China.
Japanese company Kokuyo aims to triple its revenue in India within five years.
The company plans further acquisitions to expand its portfolio in India.
Kokuyo will target growth in residential real estate, lifestyle, and education sectors in India.
Kokuyo India, formerly HNI India, has an annual revenue of Rs 250 crore and is rebranding.
Kokuyo Camlin, acquired in 2012, will continue to operate as a separate entity.
- Who
- Japanese company Kokuyo
- What
- plans to triple its India revenue in five years through further acquisitions and expansion into residential real estate, lifestyle, and education segments.
- When
- Over the next five years, with a target of $3.5 billion global revenue by 2030.
- Where
- India, specifically targeting residential real estate, lifestyle, and education markets.
- Why
- To capitalize on India's rapid urbanization, economic formalization, and growing young workforce.
- Current India Revenue (Kokuyo India)
- Rs 250 crore
- Current India Revenue (Kokuyo Camlin)
- Close to Rs 800 crore
- Growth Rate (Kokuyo India)
- 15-20% per annum
- Target Revenue Growth (India)
- Three-fold in five years
- Global Kokuyo Revenue
- $2.3 billion
- Global Kokuyo Revenue Target (2030)
- $3.5 billion
- Manufacturing Facility
- 3.5 lakh sq ft in Nagpur
- Employees in India
- 350