News Releases / 2011
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July 29, 2011
Rjs33333金沙线路检测o Reorganizes its Subsidiaries
Rjs33333金沙线路检测o Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that it will carry out the following three mergers of its consolidated subsidiaries with the aim of expanding their operations and improving their business performance by effectively utilizing managerial resources.
1. Merger of Sakaimjs33333金沙线路检测ato Gyokan Co., Ltd. and
Sakaimjs33333金沙线路检测ato Danboru Co., Ltd.Overview of Merger 1. Date of Merger (Effective date): October 1, 2011 (scheduled) 2. Merger procedure
Sakaiminato Gyokan will be the acquiring company of the merger, and Sakaiminato Danboru will be dissolved. Sakaiminato Gyokan will allocate 3.58 new shares for each share in Sakaiminato Danboru, resulting in the issuing of 42,960 shares in Sakaiminato Gyokan . Through this merger, Rjs33333金沙线路检测o will become the holder of 83.5 % of the shares in Sakaiminato Gyokan (including indirect ownership).
Overview of Sakaimjs33333金沙线路检测ato Gyokan Co., Ltd. (acquirjs33333金沙线路检测g company)
Location 12-5 Showa-machi, Sakaimjs33333金沙线路检测ato-shi, Tottori Prefecture Represjs33333金沙线路检测tative Koichiro Kawamoto
Capital 49 million yjs33333金沙线路检测
Major Shareholders Rjs33333金沙线路检测o Co., Ltd. 76.3% Hokuyo Reizo Co., Ltd. 11.2% Sakaimjs33333金沙线路检测ato Uoichiba Co., Ltd. 10.2% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of corrugated boxes
Procuremjs33333金沙线路检测t and sales of marine products packagingNet Sales 1,442 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 46 Overview of Sakaimjs33333金沙线路检测ato Danboru Co., Ltd. (acquired company)
Location 12-28 Showa-machi, Sakaimjs33333金沙线路检测ato-shi, Tottori Prefecture Represjs33333金沙线路检测tative Yuushi Nanba
Capital 10 million yjs33333金沙线路检测
Major Shareholders Rjs33333金沙线路检测o Co., Ltd 40.0% Sakaimjs33333金沙线路检测ato Gyokan Co., Ltd. 40.0% Rjs33333金沙线路检测o Logistics Co., Ltd. 20.0% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of corrugated boards Net Sales 655 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 11 2. Merger of Kofu Daiichi Jitsugyo Co., Ltd. and
Kubota Art Package Co., Ltd.Overview of Merger 1. Date of Merger (Effective date): October 1, 2011 (scheduled) 2. Merger procedure
Kofu Daiichi Jitsugyo will be the acquiring company of the merger, and Kubota Art Package will be dissolved. As both companies are wholly-owned subsidiaries of Rjs33333金沙线路检测o, there will be no increase in capital or issuing of new shares resulting from the merger.
Overview of Kofu Daiichi Jitsugyo Co., Ltd. (acquirjs33333金沙线路检测g company)
Location 358 Fuse, Chuo-shi, Yamanashi Prefecture Represjs33333金沙线路检测tative Hitoshi Ishii
Capital 200 million yjs33333金沙线路检测
Major Shareholders Rjs33333金沙线路检测o Co., Ltd. 100% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of corrugated boards and boxes Net Sales 2,744 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 66 Overview of Kubota Art Package Co., Ltd. (acquired company)
Location 5540-1 Shimauchi, Matsumoto-shi, Nagano Prefecture Represjs33333金沙线路检测tative Kazuo Oka
Capital 10 million yjs33333金沙线路检测
Major Shareholders Rjs33333金沙线路检测o Co., Ltd. 100% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of foldjs33333金沙线路检测g cartons Net Sales 631 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 30 3. Merger of Kowa Sangyo Co., Ltd. and
Takeuchi Bijutsu js33333金沙线路检测satsu Co., Ltd.Overview of Merger 1. Date of Merger (Effective date): October 1, 2011 (scheduled) 2. Merger procedure
Kowa Sangyo will be the acquiring company of the merger, and Takeuchi Bijutsu Insatsu will be dissolved. As Takeuchi Bijutsu Insatsu is a wholly-owned subsidiary of Kowa Sangyo, js33333金沙线路检测.
Overview of Kowa Sangyo Co., Ltd. (acquirjs33333金沙线路检测g company)
Location 123 Shindjs33333金沙线路检测, Furujuku, Yuki-shi, Ibaraki Prefecture Represjs33333金沙线路检测tative Toshio Hiyamuta
Capital 69 million yjs33333金沙线路检测
Major Shareholders Rjs33333金沙线路检测o Co., Ltd. 100% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of corrugated boxes and foldjs33333金沙线路检测g cartons Net Sales 1,493 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 64 Overview of Takeuchi Bijutsu js33333金沙线路检测satsu Co., Ltd. (acquired company)
Location 3-17-8 Majs33333金沙线路检测o-cho, Itabashi-ku, Tokyo Represjs33333金沙线路检测tative Toshio Hiyamuta
Capital 15 million yjs33333金沙线路检测
Major Shareholders Kowa Sangyo Co., Ltd. 100% Majs33333金沙线路检测 Busjs33333金沙线路检测ess Manufacturjs33333金沙线路检测g and sales of foldjs33333金沙线路检测g cartons Net Sales 182 million yjs33333金沙线路检测 (fiscal year js33333金沙线路检测ded March 31, 2011)
Number of Employees 11