(Code: 7864, Prime Market of Tokyo Stock Exchange)
Contact
Akikazu Yada,
Executive Officer in charge of finance, CFO
(TEL 06-6350-1080)
Notice of Acquisition of Shares by a Subsidiary of the Company
Fuji Seal, Inc., a subsidiary of FUJI SEAL INTERNATIONAL, INC., has signed a share transfer agreement to acquire all shares of Toride Pharma K.K. and TAT Toride Asset Trading Co., Ltd. on June 1, 2023, as follows:
1. Reason for the Acquisition of Shares
The Fuji Seal Group's (hereinafter, the "Group") global strategy for sustainable growth by (1) steadily strengthening the four existing businesses, (2) expanding product markets and target areas, and (3) creating new business models that will lead to the next generation.
Toride Pharma K.K. and TAT Toride Asset Trading Co., Ltd. are engaged in contract packaging of pharmaceutical products, a business the Group aims to expand in the future.
The addition of the two companies to the Group will accelerate the "expansion of the pharmaceutical business," which is a key point of our sustainable growth strategy under "(2) expanding product markets and target areas," and will further promote the creation of new value to our customers.
2. Overview of Toride Pharma K.K. (as of May 31, 2023)
(1)
Company Name
Toride Pharma K.K.
(2)
Location
5662 Kobunma, Toride City, Ibaraki Prefecture, Japan
(3)
Business Activities
Contract manufacturing and sales of pharmaceutical
testing and packaging services
(4)
Capital
10 million yen
(5)
Date of
January 15, 2007
Establishment
3. Overview of TAT Toride Asset Trading Co., Ltd. (as of May 31, 2023)
(1)
Company Name
TAT Toride Asset Trading Co., Ltd.
(2)
Location
5662 Kobunma, Toride City, Ibaraki Prefecture, Japan
(3)
Business Activities
Lease of plant and equipment to Toride Pharma K.K.
(4)
Capital
10 million yen
(5)
Date of
July 22, 2014
Establishment
End
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Fuji Seal International Inc. published this content on 09 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2023 04:04:07 UTC.
FUJI SEAL INTERNATIONAL, INC. is a Japan-based company mainly engaged in the planning, proposing, developing, manufacturing and sales of packaging systems centered on shrink sleeve labels, self-adhesive labels (pressure sensitive labels) and spouted pouches. The Company operates in five segments: Japan segment, the Americas segment, Europe segment, PAGO segment and Association of Southeast Asian Nations (ASEAN) segment. The Company is engaged in the manufacturing and sales of packaging products, packaging machinery and related machinery as well as providing maintenance services. The Companyâs products are used in food, beverages, dairy, home and personal care and pharmaceutical products, etc.
FUJI SEAL INTERNATIONAL, INC. 
