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TOYOTA BOSHOKU CORP to Acquire Shares in TB Kawashima Co., Ltd.

Monday, 27 May 2013 05:00am EDT 

TOYOTA BOSHOKU CORP announced that it will acquire 20,000 shares in TB Kawashima Co., Ltd., which is engaged in manufacture and sale of interior materials for transportation equipment, for JPY 1,285 million through private placement on July 1, 2013. As a result, the Company will hold 39,110 shares (a 56.7% stake) in TB Kawashima, up from 19,110 shares (a 39% stake). TB Kawashima USA, Inc., a subsidiary of TB Kawashima, will become a sub-subsidiary of the Company. 

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26 Dec 2014