Home breadcru News breadcru Company breadcru Nisshinbo announces corporate split-up format

Nisshinbo announces corporate split-up format

10 Dec '07
2 min read

• Implementation dates
Late June 2008: Approval of corporate split-up resolution at regular general meeting of shareholders
April 1, 2009 (scheduled): Change to holding company system

• Corporate split-up format
The scheduled format is to establish Nisshinbo Industries as the holding company and split up the present businesses of textiles, precision instrument & machinery, brakes, chemicals, and paper products into individual business companies.

Regarding the electronics business, our subsidiary, New Japan Radio Co Ltd, will continue to play the central role in its operation.

Nisshinbo Industries Inc

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