Sanyo Trading Co., Ltd. cancelled the acquisition of Yp Tech Co., Ltd. from Yoshimoto Pole Co., Ltd.
September 26, 2020
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Sanyo Trading Co., Ltd. (TSE:3176) entered into an agreement to acquire Yp Tech Co., Ltd. from Yoshimoto Pole Co., Ltd. on September 27, 2019. Sanyo Trading Co., Ltd. will acquire 200 shares of Yp Tech Co., Ltd. The transaction is expected to be completed on October 31, 2019.
Sanyo Trading Co., Ltd. (TSE:3176) cancelled the acquisition of Yp Tech Co., Ltd. from Yoshimoto Pole Co., Ltd. on September 27, 2020.
Sanyo Trading Co., Ltd. is engaged in the trading of rubber, chemicals, machinery equipment, scientific equipment and automobile parts. The Company operates in four segments. The Chemical segment offers synthetic rubber, auxiliary materials for rubber, natural rubber, medical-related materials, plasticizer, resin tube, reclaimed rubber, adhesives, synthetic resins, ink, industrial gases, pesticides, ceramics, various films, pigment, pharmaceutical intermediates, perfumes and surfactants, among others. The Machinery and Equipment segment offers environment-related equipment, test equipment, measuring equipment, industrial instrumentation, thermal processing equipment and others. The Overseas Subsidiary segment offers synthetic rubber, natural rubber, medical-related materials and various films, among others. The Domestic Subsidiary segment offers industrial drugs, oil drilling devices and others. The Domestic Subsidiary segment provides oil, natural gas and geothermal drilling products.