J Kawamoto Co., Ltd. agreed to acquire 9.42% stake in Fukoku Co.,Ltd. from Jiro Kawamoto, President and Representative Director of Fukoku Co.,Ltd.
November 01, 2013 at 12:00 am EDT
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J Kawamoto Co., Ltd. agreed to acquire 9.42% stake in Fukoku Co.,Ltd. (TSE:5185) from Jiro Kawamoto, President and Representative Director of Fukoku Co.,Ltd. on November 1, 2013. The transaction is expected to close by November 5, 2013.
Fukoku Co., Ltd. operates in five business segments, including Functional Products, Anti-vibration, Medal Processing, Hoses and New business. The Functional Products segment manufactures and sells seal components and wiper blade rubber products. The Anti-vibration segment manufactures and sells dampers and mounts. The Medal Processing segment is engaged in the manufacture and sale of medal components for truck and construction machinery use. The Hoses segment is involved in the manufacture and sale of rubber products, such as hoses. The New segment manufactures and sells office automation, medical care, motors and urethane products.
FUKOKU CO.,LTD. 