Hashimoto Sogyo Holdings Co.,Ltd. agreed to acquire 66% stake in Japan Policy Research Institute from TRC Library Service Inc.
April 02, 2023
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Hashimoto Sogyo Holdings Co.,Ltd. (TSE:7570) agreed to acquire 66% stake in Japan Policy Research Institute from TRC Library Service Inc. on March 30, 2023. Number of shares owned after transaction is 6,600 shares of Japan Policy Research Institute. Board of directors resolution was held on February 28, 2023.
The transaction is expected to close on April 1, 2023.
HASHIMOTO SOGYO HOLDINGS CO.,LTD., formerly HASHIMOTO SOGYO CO., LTD. is a Japan-based company engaged in the purchase and sale of piping equipment, sanitary ceramics, residential facility machinery, air conditioning units and others. The Company operates in four business divisions. The Piping Materials division offers pipes, such as steel pipes and stainless pipes; valves, including butterfly valves and safety valves; joints, such as drainage joints and pipe joints; chemical products, such as vinyl chloride pipes and polyurethane pipes, as well as instruments, such as machine tools and electric tools. The Sanitary Ceramic and Fittings division offers washbasins, lavatory basins and shower fittings. The Housing Facilities and Equipment division offers boilers, bathtub water heaters and kitchen systems. The Ventilators and Pumps division offers air conditioners and pumps.