Otsuka Chemical Co., Ltd. (Head Office: Osaka-shi; President and Representative Director: Hiroyoshi Tosa; hereinafter “Otsuka Chemical”) announces that it has acquired all shares of hakkai inc. (Headquarters: Minamiuonuma City, Niigata Prefecture; President and Representative Director: Akihiko Seki; hereinafter “hakkai”) today, making it a wholly owned subsidiary.
Otsuka Chemical and hakkai have built a strong business relationship spanning over 20 years. Based on this long-standing relationship of trust, we will now work together as one to advance our business and strive to provide even greater value to our customers.
Details
1. Target Company for Share Acquisition
- Headquarters: 2845 Kokonokamachi, Minamiuonuma City, Niigata Prefecture
2. Date of Share Acquisition
3. Number of Shares to be Acquired and Post-Acquisition Ownership Ratio
- Post-Acquisition Ownership Ratio: 100%
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For inquiries related to this matter, contact:
Administration Department, Otsuka Chemical Co., Ltd.