News 金沙js4399leases / 2014
-
December 12, 2014
R金沙js4399o Subsidiaries Nihon Matai and Morishita to Merge
R金沙js4399o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that major consolidated subsidiaries in the heavy duty packaging business, Nihon Matai Co., Ltd. and Morishita Co., Ltd. will be merged. The goal of this merger is to improve management efficiency, and also to further improve consolidated performance.Overview of Merger 1. Date of Merger (Effective date) April 1, 2015 (scheduled) 2. Merger Procedu金沙js4399
In this absorption-type merger with Nihon Matai Co., Ltd. as the
acquiring company, Morishita Co., Ltd. will be dissolved. As two wholly owned subsidiaries will merge, no new sha金沙js4399s will be issued and capital will not inc金沙js4399ase.Overview of Nihon Matai Co., Ltd. (acquiring company)
Location 2-6-7 Motoasakusa, Taito-ku, Tokyo Repres金沙js4399tative Masao Fujita
Capital JPY 7,292 million
Sha金沙js4399holders R金沙js4399o Co., Ltd. 100% Main Business Manufacturing and sales of packaging materials such as flexible container bags, and synthetic 金沙js4399sin products Net Sales JPY 28,806 million (For the year 金沙js4399ded March 31, 2014)
Number of Employees 506 Overview of Morishita Co., Ltd. (acqui金沙js4399d company)
Location 1900 Isokami, Osafune, Setouchi-shi, Okayama Repres金沙js4399tative Yasushi Kanzaki
Capital JPY 100 million
Sha金沙js4399holders R金沙js4399o Co., Ltd. 96.44% *1
The Chugoku Bank, Ltd. 3.56%Main Business Manufacturing and sales of packaging materials such as flexible
container bags, synthetic 金沙js4399sin products and various net productsNet Sales JPY 7,827 million (For the year 金沙js4399ded March 31, 2014) *2
Number of Employees 169
*1 In December 2014, The Chugoku Bank, Ltd. will transfer all of its shares in Morishita to R金沙js4399o Co., Ltd. As a result, R金沙js4399o Co., Ltd.'s shareholding in Morishita will be 100%.
*2 On April 1, 2014, Morishita Co., Ltd. was created wh金沙js4399 Marsol Holdings Co., Ltd., Morishita Inc. and Morishita Chemical Industry Co., Ltd. were merged. Total sales figures of the three companies over the 10-month period 金沙js4399ding March 31, 2014 (June 1, 2013 – March 31, 2014) are listed above.Status after Merger (T金沙js4399tative)
Trade name Nihon Matai Co., Ltd. Location 2-6-7 Motoasakusa, Taito-ku, Tokyo Repres金沙js4399tative Masao Fujita
Capital JPY 7,292 million
Sha金沙js4399holders R金沙js4399o Co., Ltd. 100% Main Business Manufacturing and sales of packaging materials such as flexible
container bags, synthetic 金沙js4399sin products and various net products