Expansion of corrugated cardboard supply capacity in the Kanto region through making トッパンコンテナー a subsidiary
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
No other company in this theme has enough history to compare yet.
- FY2019-Q2AchievedAnnual report
「In September, the Group acquired 60% of the shares of Toppan Container Co., Ltd., a subsidiary of 凸版印刷株式会社, making it a subsidiary under the new name Rengo-Toppan Container Co., Ltd. (Kawaguchi, Saitama), and expanded its corrugated packaging business.」
The acquisition of 60% of Toppan Container's shares and its conversion into a subsidiary was completed in September 2018, bringing the plan to expand corrugated packaging supply capacity in the Kanto region into the implementation stage. - FY2018First statedAnnual report
「For the Group, expanding supply capacity in the Kanto region, where demand for corrugated packaging is growing significantly, is an urgent priority. Going forward, it will consider proactive capital investment at Toppan Container's plants and establish a system better able to meet customer needs by increasing corrugated packaging production capacity and further improving quality.」
The Group signed an agreement to acquire 60% of Toppan Container's shares for approximately ¥5,020 million and make it a subsidiary, initially presenting a plan to improve corrugated packaging production capacity and quality based on 3 plants in the Kanto region.