Hi
Kasmos,Thank you
I was also interested in that description.
I researched it based on publicly available materials.
About Apollo Kogyo Co., Ltd.
In 1959, Apollo Kogyo Co., Ltd. took over the business of Apollo Shokai, which went out of business.
In 1960, Apollo Kogyo Co., Ltd. began manufacturing small tape recorders.
Its main customer was the toy manufacturer Deluxe Reading Co. (USA).
In 1962, it merged with the company of the same name, Apollo Kogyo Co., Ltd., and then absorbed Apollo Shokai.
In 1964, it merged with Sunwave Kogyo Co., Ltd.
The new company name after the merger was Sunwave Kogyo Co., Ltd.
Sunwave Kogyo Co., Ltd. is well known in Japan for manufacturing stainless steel sinks.
Comparing data from around 1962 for Apollo Kogyo Co., Ltd. and Koyusha(Vixen), the company sizes are completely different.
Apollo Kogyo Co., Ltd. has capital of 130 million yen, about 400 employees.
On the other hand, Koyusha has capital of 8 million yen, 30 employees.
Apollo Kogyo Co., Ltd.'s business is the manufacture of electrical products, automotive electrical equipment, and kitchenware. Meanwhile, Kotomosha sells optical equipment accessories.
Koyusha does not have the funds to acquire Apollo Kogyo Co., Ltd.
The merger between Apollo Kogyo Co., Ltd. and Sunwave Kogyo Co., Ltd. has also been covered in industry magazines.
For the above reasons, it is incorrect to say that Apollo Kogyo Co., Ltd. was absorbed into Koyusha.
It is also clear that the APL mentioned here is not Apollo Kogyo Co., Ltd.