Honda and Marujun Strengthen Business Relationship.Tokyo, Japan, Mar 13, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Honda honda a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses. Motor Co., Ltd. today announced plans to acquire one million shares of new stock through a third-party allotment A portion, share, or division. The proportionate distribution of shares of stock in a corporation. The partition and distribution of land. ALLOTMENT. Distribution by lot; partition. Merl. Rep. h.t. from Marujun Co., Ltd. (Headquarters: Ogaki, Gifu; President: Yoshiaki Imagawa), a key Honda supplier of automobile body frame components, to further strengthen the existing business relationship. Honda and Marujun have been enjoying a good working relationship in the area of body frame components and stamping dyes ever since Marujun began supplying stamping dyes for automobile body panels 43 years ago, in 1963. By strengthening the business relationship with Marujun, Honda aims to further strengthen its competitiveness in growing automobile markets in China and other Asian countries Noun 1. Asian country - any one of the nations occupying the Asian continent Asian nation country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries" . Specifically, Honda and Marujun will work together based on a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. strategy to further strengthen parts development and production capabilities by establishing a system which enables them to achieve highly effective parts development and overseas production. Honda and Marujun will also strengthen areas of quality, cost management, and logistics.
About Marujun Co., Ltd. (As of the end of March 2005)
Established: January, 1960
Capital: JPY 532.55 million
Investment ratio: 16.1% Yorio Imagawa; 11.3% Yoshiaki Imagawa;
11.3% Honda Motor Co., Ltd.; 61.3% Others
Location: Ogaki, Gifu
Representative: Yoshiaki Imagawa, President
Business activities: Manufacturing and sales of automobile body frame
components and stamping dyes
Main Operations - Japan
Headquarters: Gifu (Ogaki)
Plants: Gifu (Ogaki and others), Mie (Suzuka)
R&D: Tochigi (Haga)
Main Operations - Overseas (Thailand, China (Guangzhou, Wuhan)), etc.
Employment: 493 associates
Consolidated Net Sales: JPY 29,155 million (Fiscal Year ended March 2005)
Ordinary Profit: JPY 834 million (Fiscal Year ended March 2005)
Other: Publicly listed on the Nagoya Stock Exchange, 2nd
Section since February 1999.
About Honda Motor Co., Ltd. Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7267)(NYSE NYSE See: New York Stock Exchange : HMC HMC Harvey Mudd College (Claremont, CA) HMC Harborview Medical Center (Seattle, Washington) HMC Hosted Messaging and Collaboration HMC Hoffman Modulation Contrast )(LSE LSE - Language Sensitive Editor : HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com. Source: Honda Motor Co., Ltd. Contact: Honda Motor Co., Ltd. Corporate Communications Division corporate_pr@hm.honda.co.jp Telephone: +81-(0)3-5412-1512 Facsimile: +81-(0)3-5412-1545 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion