Fujita Engineering Co., Ltd. cancelled the acquisition of 30% stake in Tanyu Co., Ltd.
July 26, 2013 at 12:00 am EDT
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Fujita Engineering Co., Ltd. (JASDAQ:1770) agreed to acquire 30% stake in Tanyu Co., Ltd on July 26, 2012. In 2011, Tanyu reported total revenue of ¥1 billion.
Fujita Engineering Co., Ltd. (JASDAQ:1770) cancelled the acquisition of 30% stake in Tanyu Co., Ltd on July 26, 2013.
FUJITA ENGINEERING CO.,LTD. is a Japan-based company mainly engaged in the construction of comprehensive facilities, including the creation and maintenance of area space for construction equipment, industrial equipment and environmental equipment. The company operates through four business segments. The Construction segment includes building equipment, industrial equipment and environmental equipment. The Equipment Sales and Information Systems segment sells equipment, installs and sells information and communication equipment and develops and sells software. The Equipment Maintenance segment includes repair, maintenance, installation of air conditioning equipment and installation of housing equipment. The Electronic Component Manufacturing segment is involved in the inspection, classification, assembly and equipment manufacturing of electronic components. The Company is also involved in the water supply facility management contract business.
FUJITA ENGINEERING CO., LTD. 