Fujiya Co., Ltd. acquired an additional stake in Utoria Fujiya, K.K. for ¥33 million.
February 11, 2013 at 11:00 pm
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Fujiya Co., Ltd. (TSE:2211) acquired an additional stake in Utoria Fujiya, K.K. for ¥33 million during the fiscal year ended December 31, 2012. Following the transaction, Utoria Fujiya became a subsidiary of Fujiya Co., Ltd.
Fujiya Co., Ltd. (TSE:2211) completed the acquisition of an additional stake in Utoria Fujiya, K.K. for ¥33 million during the fiscal year ended December 31, 2012.
Fujiya Co., Ltd. is a Japan-based confectionery maker. The Company operates in two business segments. The Western Confectionery segment is involved in the production and sale of western-style confectionery, such as cakes, bakery products, desserts and ice creams, as well as the operation of cafes and restaurants. The Confectionery Production segment manufactures and sells confectionary food, such as chocolates, candies, biscuits, drinks and dairy products. The others business is engaged in the leasing and management of real estate properties, the contract business, the provision of outsourcing services, as well as the maintenance of food processing machinery.