Showa Sangyo Co., Ltd. acquired Nagoya Futo Silo K.K. from Hotey Shokuryo Co.,Ltd.
February 22, 2017
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Showa Sangyo Co., Ltd. (TSE:2004) acquired Nagoya Futo Silo K.K. from Hotey Shokuryo Co.,Ltd. on February 23, 2017. Nagoya Futo Silo reported sales of ¥273 million and total assets of ¥1.85 billion for the financial year 2015/2016.
Showa Sangyo Co., Ltd. (TSE:2004) completed the acquisition of Nagoya Futo Silo K.K. from Hotey Shokuryo Co.,Ltd. on February 23, 2017.
Showa Sangyo Co., Ltd. is a Japan-based company principally engaged in the manufacture and sale of flour milling, oils and fats, feed business, warehousing business, as well as real estate rental business. The Company operates through six business segments. The Flour Milling segment provides commercial flour, commercial premixes, frozen dough, frozen foods, bread and bran. The Oils and Fats segment provides edible oils, premixes, pasta, gift sets, soy protein and defatted soybeans. The Carbohydrate segment is engaged in the manufacture and sale of saccharified products and corn starch. The Feed segment provides mixed feed, plain feed, chicken eggs and other livestock products. The Warehousing segment is engaged in warehousing business including loading and storage. The Real Estate segment is involved in the leasing of buildings. In addition, the Company is engaged in insurance agency, automobile leasing and transportation business.
SHOWA SANGYO CO., LTD. 
