Taiheiyo Cement Corporation
Notice Regarding Commencement of Operations of Tokuyama Taiheiyo Co., Ltd.
Taiheiyo Cement will acquire and make a newly established company that succeeds Tokuyama Cement's domestic sales business a wholly owned subsidiary, and change its trade name to Tokuyama Taiheiyo Co., Ltd. Operations are scheduled to commence on October 1, 2026.
Key Figures
- New company name: Tokuyama Taiheiyo Co., Ltd.
- Former company name: Tokuyama Cement Co., Ltd.
- Shareholder composition: Taiheiyo Cement Corporation 100%
- Issued shares: 2 shares
AI要約
Overview of the Business Restructuring
Taiheiyo Cement plans, based on an absorption-type company split whereby Tokuyama Cement Co., Ltd. will transfer its cement and solidifier sales business, to acquire the newly established company as a wholly owned subsidiary under the name Tokuyama Taiheiyo Co., Ltd. After the trade name change, the company will commence operations as a member of the Taiheiyo Cement Group. The new company will inherit Tokuyama's established customer base, sales functions, and network, aiming to maintain stable supply and improve service quality.
Schedule and Impact
The necessary procedures regarding business succession, share acquisition, conversion to a wholly owned subsidiary, and trade name change are premised on the effective date of October 1, 2026. Final decisions will be announced after completion of the prescribed procedures.
Taiheiyo Cement Corporation
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