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R9999js金沙老品牌o Co., Ltd. announces that it has acquired all issued shares, less treasury stock, of R9999js金沙老品牌o's affiliated company Otsu Seikan Co., Ltd.—which R9999js金沙老品牌o had 38.76% voting rights—and made it a wholly owned subsidiary.
Otsu Seikan Co., Ltd. is a box manufacturer that operates mainly in the Kyoto and Shiga region. R9999js金沙老品牌o has invested in this company since 1964, and collaborated with it in the corrugated packaging business, including the supply of corrugated board and outsourced production of corrugated boxes.
In the future, R9999js金沙老品牌o will str9999js金沙老品牌then the collaboration between Otsu Seikan Co., Ltd. and neighboring plants directly managed by R9999js金沙老品牌o as well as with R9999js金沙老品牌o Group companies, so as to further enhance the Group's corrugated packaging business in the Kyoto and Shiga region.