Japanese stationery and office furniture major KOKUYO Co., Ltd. is making a bigger bet on India. The Tokyo-listed company has signed an agreement to acquire HNI Office India, the local arm of US-based HNI Corporation.
While the deal amount hasn’t been disclosed, this move is part of KOKUYO’s broader plan to push past $3.5 billion in net sales by 2030.
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Already familiar to Indian consumers through its long-standing partnership with Camlin, KOKUYO is no stranger to the market. The company employs over 7,600 people across Asia and has been steadily building its footprint in the region.
By bringing HNI Office India into its fold, KOKUYO is looking to strengthen both its product range and manufacturing base in the country. HNI India, known for its premium office furniture and strong design-led approach, is expected to slot in well with KOKUYO’s growth ambitions—especially in expanding its presence in other Asian markets.
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“This move is not just about scale—it’s about sharpening our edge in innovation, production, and customer reach,” said a company representative in a statement.
With this acquisition, KOKUYO is signaling a clear intention: India is more than just another market—it’s a key piece in its Asia growth strategy.
