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J. FRONT RETAILING Co., Ltd. Announces Business Restructuring of Subsidiaries


Monday, 25 Jun 2012 02:00am EDT 

J. FRONT RETAILING Co., Ltd. announced that its wholly owned subsidiary, DIMPLES Co., Ltd., will separate the sales and store operation business divisions into a separate company, effective September 3, 2012. The newly established company, which will be established on September 3, 2012, will allocate 1,800 new shares to DIMPLES. After that, DIMPLES will sell all shares of the new company to Daimaru Matsuzakaya Department Stores Co.Ltd., another subsidiary of the Company, effective September 3, 2012. 

Company Quote

670.0
-9.0 -1.33%
18 Apr 2014