Toymakers Takara, Tomy to merge next March

TOKYO, Japan - (From R to L) Takara Co. Chairman Keita Sato, Tomy Co. President Kantaro Tomiyama and Index Corp. Chairman Masami Ochiai pose for photos during a news conference in Tokyo on May 13. Takara, Japan's No. 2 toymaker, and Tomy, the third largest, agreed to merge March 1 next year. Index Corp. is Takara's largest shareholder. (Kyodo)

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