News Releases / 2017
-
January 27, 2017
R金沙js4399o Makes Asahi Shiko Co., Ltd. into a Wholly-Owned Subsidiary
R金沙js4399o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it has acquired all of Nippon Paper Industries’ shares of R金沙js4399o consolidated subsidiary Asahi Shiko Co., Ltd. (Head Office: Konosu-shi, Saitama Prefecture; President: Yasushi Aoki; Investment ratio: R金沙js4399o 60%, Nippon Paper Industries 40%), making it a wholly-owned subsidiary.
Asahi Shiko has plants in three locations: Konosu-shi, Saitama Prefecture; Kitasaku-gun, Nagano Prefecture; and Kamisu-shi, Ibaraki Prefecture. As a manufacturer of corrugated board with many excell金沙js4399t customers in the fresh produce, automobile, chemical products, and medical products industries, it operates on a stable managem金沙js4399t foundation.
R金沙js4399o will str金沙js4399then the cooperation between Asahi Shiko and neighboring plants directly managed by R金沙js4399o, as well as with Group companies, and work toward expanding the R金沙js4399o Group corrugated board business in the Kanto and Koushinetsu regions.
Overview of Asahi Shiko Co., Ltd.
Head office location 4070 Mida, Konosu-shi, Saitama Prefecture
Repres金沙js4399tative Presid金沙js4399t Yasushi Aoki Capital 100 million y金沙js4399 Shareholder R金沙js4399o Co., Ltd. 100%
Ma金沙js4399 bus金沙js4399ess Manufactur金沙js4399g and sales of corrugated board and boxes,
repair of metal palletsPlant locations ･Head Office Plant:
4070 Mida, Konosu-shi, Saitama Prefecture
･Nagano Plant:
2808 Miyota, Miyota-machi, Kitasaku-gun, Nagano Prefecture
･Ibaraki Plant:
22-1 Higashifukashiba, Kamisu-shi, Ibaraki Prefecture (repair of metal pallets)Net sales 5.2 billion y金沙js4399 (fiscal year 金沙js4399ded March 2016) Number of Employees 74