Ushio Inc. Acquires Entertainment and Industry Lamps Business from ams OSRAM

On July 29, 2025, Ushio Inc., a Japanese manufacturing company specializing in lamps and optical equipment, announced the acquisition of ams OSRAM’s Entertainment and Industry Lamps business for EUR 114 million. This transaction marks the first step in ams OSRAM’s deleveraging plan, which aims to generate proceeds well above EUR 500 million.

Key Details of the Acquisition

  • Transaction Value: EUR 114 million
  • Closing Date: Expected by Q1 2026
  • Employee Transition: Approximately 500 employees worldwide will transition to Ushio Inc.
  • Strategic Fit: The acquisition aligns with Ushio’s core business of producing lamps and optical equipment, including projectors for movie theaters and halogen and Houdentou lamps used in semiconductor and office automation equipment.

Background on Ushio Inc.

Ushio Inc. is based in Chiyoda-Ku, Japan, and operates within the Electrical Equipment sector of the Industrials industry. The company is listed on the Tokyo Stock Exchange, with a market capitalization of 166,550,000,000 JPY as of July 24, 2025. Ushio’s stock closed at 1,800 JPY on the same date, with a 52-week high of 2,223 JPY on November 6, 2024, and a 52-week low of 1,526 JPY on April 10, 2025. The company has a price-to-earnings ratio of 25.4.

Strategic Implications

The acquisition is expected to enhance Ushio’s product offerings and market presence in the entertainment and industrial lamp sectors. By integrating ams OSRAM’s business, Ushio aims to leverage its global subsidiaries in the United States, Canada, Germany, Hong Kong, the Netherlands, Singapore, South Korea, and Taiwan to expand its reach and operational capabilities.

Conclusion

This strategic acquisition by Ushio Inc. not only strengthens its position in the lamp manufacturing industry but also supports ams OSRAM’s efforts to streamline its operations and improve financial health. The successful integration of the acquired business and employees is anticipated to drive growth and innovation for Ushio in the coming years.