Araya Industrial Co., Ltd. acquired remaining stake in PT Pabrik Araya Indonesia from the minority shareholders of PT Pabrik Araya Indonesia.
February 13, 2014 at 11:00 pm
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Araya Industrial Co., Ltd. (TSE:7305) acquired remaining stake in PT Pabrik Araya Indonesia from the minority shareholders of PT Pabrik Araya Indonesia during the quarter ended December 31, 2013.
Araya Industrial Co., Ltd. (TSE:7305) completed the acquisition of remaining stake in PT Pabrik Araya Indonesia from the minority shareholders of PT Pabrik Araya Indonesia during the quarter ended December 31, 2013.
ARAYA INDUSTRIAL CO., LTD. is a Japan-based company mainly engaged in steel pipe-related business, bicycle-related business, and real estate rental business. The Company operates through three business segments. The Steel Pipe-related business is engaged in the manufacture and sale of ordinary steel pipes, stainless steel pipes, various types of steel, precision processed products, and other products. It is also engaged in the manufacture and sale of agricultural houses, facility materials and agricultural foils. The Bicycle business is engaged in the manufacture and sale of bicycle rims and import and sale of completed bicycles. The Real Estate Rental business is engaged in the leasing of real estate such as land, buildings and warehouses. It is also engaged in the manufacture and sale of mechanical parts and welfare equipment, and non-life insurance agency.
ARAYA INDUSTRIAL CO., LTD. 
