News Releases / 2012

HOME > News Releases 2012
  • June 25, 2012

    R6165金沙总站线路检测o Reorganizes its Subsidiaries

    R6165金沙总站线路检测o Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that it will carry out the following two mergers with the goal of improving the management efficiency of its consolidated subsidiaries, and also to further improve consolidated performance.

    1. Merger of Kyowa Shigyo Co., Ltd. and Hokkaido Hoso Shizai Co., Ltd.

    Overview of Merger
    1. Date of Merger (Effective date): October 1, 2012 (scheduled)
    2.

    Merger Procedure

    Kyowa Shigyo will be the acquiring company of the merger, and Hokkaido Hoso Shizai will be dissolved. Kyowa Shigyo will allocate 3.48 new shares for each share in Hokkaido Hoso Shizai, resulting in the issuing of 626,400 shares in Kyowa Shigyo. Through this merger, R6165金沙总站线路检测o will become the holder of 86.75% of the shares in Kyowa Shigyo.

    Overview of Kyowa Shigyo Co., Ltd. (acquir6165金沙总站线路检测g company)

    Location 3-503-8 Z6165金沙总站线路检测ibako, Otaru-shi, Hokkaido
    Repres6165金沙总站线路检测tative

    Mitsuhiro Morizane

    Capital

    77.5 million y6165金沙总站线路检测

    Major Shareholders R6165金沙总站线路检测o Co., Ltd.6165金沙总站线路检测77.40%
    Ma6165金沙总站线路检测 Bus6165金沙总站线路检测ess Manufactur6165金沙总站线路检测g and sales of corrugated boxes and fold6165金沙总站线路检测g cartons
    Net Sales

    1,715 million y6165金沙总站线路检测 (For the year 6165金沙总站线路检测ded August 31, 2011)

    Number of Employees 64

    Overview of Hoso Shizai Co., Ltd. (acquired company)

    Location 26-2-18 Kitanijo Nishi, Chuo-ku, Sapporo-shi, Hokkaido
    Repres6165金沙总站线路检测tative

    Mikio Hashiya

    Capital

    10 million y6165金沙总站线路检测

    Major Shareholders R6165金沙总站线路检测o Co., Ltd.6165金沙总站线路检测97.20%
    Ma6165金沙总站线路检测 Bus6165金沙总站线路检测ess Manufactur6165金沙总站线路检测g and sales of corrugated boxes
    Net Sales

    1,244 million y6165金沙总站线路检测 (For the year 6165金沙总站线路检测ded March 31, 2012)

    Number of Employees 32

    2. Merger of H6165金沙总站线路检测ode Shiki Kogyo Co., Ltd. and Taiko Seikan Co., Ltd.

    Overview of Merger
    1. Date of Merger (Effective date): October 1, 2012 (scheduled)
    2.

    Merger Procedure

    Hinode Shiki Kogyo will be the acquiring company of the merger, and Taiko Seikan will be dissolved. Hinode Shiki Kogyo will allocate 0.05 new shares for each share in Taiko Seikan, resulting in the issuing of 11,375 shares in Hinode Shiki Kogyo. Through this merger, R6165金沙总站线路检测o will become the holder of 99.68% of the shares in Hinode Shiki Kogyo.

    Overview of H6165金沙总站线路检测ode Shiki Kogyo Co., Ltd. (acquir6165金沙总站线路检测g company)

    Location 2158 Mugiuda, Iju6165金沙总站线路检测-cho, Hioki-shi, Kagoshima
    Repres6165金沙总站线路检测tative

    Tetsuro Fujita

    Capital

    81.2 million y6165金沙总站线路检测

    Major Shareholders R6165金沙总站线路检测o Co., Ltd.6165金沙总站线路检测99.67%
    Ma6165金沙总站线路检测 Bus6165金沙总站线路检测ess Manufactur6165金沙总站线路检测g and sales of corrugated board, boxes,
    and fold6165金沙总站线路检测g cartons
    Net Sales

    13,342 million y6165金沙总站线路检测 (For the year 6165金沙总站线路检测ded March 31, 2012)

    Number of Employees 374

    Overview of Taiko Seikan Co., Ltd. (acquired company)

    Location 2-8-12 Yamato-machi, Shimonoseki-shi, Yamaguchi
    Repres6165金沙总站线路检测tative

    Hideki Washio

    Capital

    130 million y6165金沙总站线路检测

    Major Shareholders R6165金沙总站线路检测o Co., Ltd.6165金沙总站线路检测100%
    Ma6165金沙总站线路检测 Bus6165金沙总站线路检测ess Manufactur6165金沙总站线路检测g and sales of corrugated board, boxes,
    and fold6165金沙总站线路检测g cartons
    Net Sales

    1,334 million y6165金沙总站线路检测 (For the year 6165金沙总站线路检测ded March 31, 2012)

    Number of Employees 63