Tokyo Sangyo Co., Ltd.

Tokyo Sangyo Co., Ltd. manufactures and sells machinery, plant facilities, materials, tools, and chemicals in Japan and internationally. It installs power generation equipment and provides maintenance and after-sales services for existing equipment used by electric power companies. The company also sells and supports installation of machinery for chemical plants and renewable energy, as well as machine tools for automobile and IT facilities. Additionally, it is involved in marine and fishery businesses and lifestyle-related businesses, including packaging materials. Formerly known as Tokyo Kenzai Kogyo Co., Ltd., it changed its name to Tokyo Sangyo Co., Ltd. in July 1947. Incorporated in 1942, it is headquartered in Tokyo, Japan.

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Seika Corporation to Acquire Additional Tokyo Sangyo Shares, Voting Rights Ratio to Reach 19.62%

Machinery trading house Seika Corporation announced on the 17th that it will acquire additional shares of Tokyo Sangyo, a peer company in which it is the largest shareholder. It plans to acquire up to 1.9 million common shares, or 6.63% of outstanding shares, between the 18th and December 30. The voting rights ratio after the acquisition is expected to rise to 19.62%.

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