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June 10, 2014

Rengo Invests in Fuji-Hoso Shiki

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it has recently acquired 95.02% of shares issued by Fuji-Hoso Shiki Co., Ltd. (Head Office: Tennoji-ku, Osaka; President: Kazunori Sato), making it a subsidiary of Rengo.
Fuji-Hoso Shiki has a production base in Hino-cho, Gamo-gun, Shiga Prefecture. It manufactures and sells folding cartons and decorative folding cartons for consumer electronics, cosmetic and pharmaceutical products. Rengo is dispatching executives to Fuji-Hoso Shiki to support the company from various facets including overall management, manufacturing and sales, in order to improve the competitiveness of Fuji-Hoso Shiki. Rengo is also aiming for the further enhancement of the folding carton business of the Rengo Group in the Kansai region through collaboration with neighboring Rengo plants and its group companies.

 

Overview of Fuji-Hoso Shiki Co., Ltd.

Head Office Location 5-6-9 Ueshio, Tennoji-ku, Osaka-shi, Osaka Prefecture, Japan
Plant Location 5-2 Hino Industrial Estate No.2, Kitawaki, Hino-cho, Gamo-gun,
Shiga Prefecture, Japan
Representative

President and Representative Director Kazunori Sato
(Corporate Officer of Rengo Co., Ltd.)

Capital JPY 50 million
Shareholders Rengo Co., Ltd. (95.02%)
Main business Manufacturing and sales of folding cartons and high-quality decorative folding cartons
Net sales JPY 2.8 billion (fiscal year ended September 30, 2013)
Number of employees 158