GEO HOLDINGS CORPORATION

GEO Group Timeline

As of June 28, 2024

1986
Jun.
Founder Yuki Endo starts operating a video rental shop (Video Roadshow, Misato branch) in Toyota-city, Aichi Prefecture
1988
Apr.
The private business is reorganized as a corporate entity
1989
Dec.
The name is changed to “GEO Milda,” beginning use of the store name GEO
1992
May.
Formed capital alliance with Tape-Do Co., Ltd. and renamed company to GEO STATION Co., Ltd.
1996
Apr.
GEO CORPORATION absorbed GEO Milda Co., Ltd.
1999
Dec.
Japan Blockbuster Co., Ltd. acquired from Fujita Shoten Co., Ltd. and made wholly-owned subsidiary (company renamed GEO Global Co., Ltd. and absorbed in October 2010)
2000
Nov.
GEO CORPORATION lists on Osaka Securities Exchange’s NASDAQ Japan market (delisted on March 24, 2004)
2002
Oct.
Acquires Sogo Denki Co., Ltd. in Hokkaido through court-led rehabilitation proceedings as a 100% subsidiary and renames it GEO YES Co., Ltd. (absorbed into GEO CORPORATION in October 2010)
2003
Jul.
Acquires Rocky Co. in Shikoku, as a wholly-owned subsidiary, renames it GEO STATION, and enters the Shikoku market. (GEO STATION is absorbed into GEO CORPORATION in October 2010)
Aug.
Acquires Takarabune Co., Ltd. as a wholly-owned subsidiary through court-led rehabilitation proceedings, renames it GEO ACTIVE Co., Ltd. (GEO ACTIVE is absorbed into GEO CORPORATION in October 2010)
2004
Jan.
Lists on the First Section of the Tokyo Stock Exchange
Listed on the First Section of the Nagoya Stock Exchange (delisted on March 15, 2014)
Jun.
Acquires Matsumoto Denki Co., Ltd., as a wholly-owned subsidiary through court-led rehabilitation proceedings, renames it GEO REACLE Co., Ltd. (absorbed into GEO CORPORATION in October 2010)
2005
Dec.
Opens a GEO Shop in Shimanto-City in Kochi Prefecture, achieving management target of opening GEO Shops in all 47 prefectures
2008
Jun.
Made tender offer for FOR YOU Co., Ltd. and accepted third party allotment of shares to make the company a wholly-owned subsidiary (company renamed 2ND STREET CORPORATION and absorbed in April 2013)
Jul.
Posren Co., Ltd. made wholly-owned subsidiary (now GEO NETWORKS CORPORATION)
2010
May.
Acquires EISYS, Inc. as a wholly-owned subsidiary
Jul.
Acquires WAREHOUSE Co., Ltd. as a consolidated subsidiary through a TOB(Absorbed by GEO CORPORATION in April 2014)
Sep.
Made 2ND STREET CORPORATION a wholly-owned subsidiary
Oct.
Merges and absorbs 11 consolidated subsidiaries involved with operation of GEO Shops, takes over retail service operations
2011
Nov.
Transferred the retail service business to new company GEO CORPORATION established via corporate split, and renamed company GEO HOLDINGS CORPORATION
2013
Apr.
Transferred the reuse shop administration business of 2nd STREET to GEO CORPORATION
Jul.
Relocated Headquarters to Nagoya-City, Aichi Prefecture
Nov.
Acquired shares in Family Book Co., Ltd. to make consolidated subsidiary (made wholly-owned subsidiary in December 2013 by acquiring additional shares)
2014
Apr.
Launched retail store specializing on mobile devices
Dec.
Acquires Gramolux Inc. as a wholly-owned subsidiary
2017
Feb.
Acquires World Mobile Corporation as a wholly-owned subsidiary
Jun.
Acquires Chelsea International Co.,Ltd. as a wholly-owned subsidiary
2018
Jan.
Opened 2nd STREET Melrose in the United States, our first reuse business overseas
Jun.
Opened 2nd STREET SS13, our first reuse business in Malaysia
2019
Apr.
OKURA Co., Ltd. acquired and made wholly-owned subsidiary (made consolidated subsidiary in June 2019)
2020
Apr.
Businesses of GEO CORPORATION (renamed GEO Asset Co., Ltd. in April 2020) absorbed and split off to four companies
Aug.
Opened 2nd STREET Taipei Ximen, our first reuse business in Taiwan
Sep.
GEO HOLDINGS CORPORATION absorb and merge Geo Asset Co., Ltd. and Family Book Co., Ltd.
2022
Apr.
Shifts to the Tokyo Stock Exchange Prime Market following a review of the market classification of the Tokyo Stock Exchange
2023
Dec.
Opened 2nd STREET Big-C Rama4, our first reuse business in Thailand