Kanebo to raise extra capital from Kanebo Cosmetics

Kanebo to raise extra capital from Kanebo Cosmetics

TOKYO, Japan - Akiyoshi Nakajima (R), chairman of Japanese textile and household products maker Kanebo Ltd., and Kenji Chishiki (L), president of Kanebo Cosmetics Inc., announced in a news conference in Tokyo on June 6 that Kanebo will raise 20 billion yen in fresh capital in late July through a third-party allotment of new shares to be purchased by Kanebo Cosmetics.

Kanebo Cosmetics inaugurated to face harsh competition

Kanebo Cosmetics inaugurated to face harsh competition

TOKYO, Japan - Kunihiko Yogo, who will assume the posts of Kanebo Cosmetics Inc.'s chairman and chief executive officer, and Keiji Chishiki, who assumed the presidency of the company, shake hands at the start of the new company on May 7 as a spinoff from ailing cosmetics maker Kanebo Ltd. for which the state-run Industrial Revitalization Corp. of Japan came to the rescue in March. Yogo is currently executive officer of IRCJ.

Kanebo to raise extra capital from Kanebo Cosmetics

Kanebo to raise extra capital from Kanebo Cosmetics

TOKYO, Japan - Akiyoshi Nakajima (R), chairman of Japanese textile and household products maker Kanebo Ltd., and Kenji Chishiki (L), president of Kanebo Cosmetics Inc., announced in a news conference in Tokyo on June 6 that Kanebo will raise 20 billion yen in fresh capital in late July through a third-party allotment of new shares to be purchased by Kanebo Cosmetics. (Kyodo)

Kanebo Cosmetics inaugurated to face harsh competition

Kanebo Cosmetics inaugurated to face harsh competition

TOKYO, Japan - Kunihiko Yogo, who will assume the posts of Kanebo Cosmetics Inc.'s chairman and chief executive officer, and Keiji Chishiki, who assumed the presidency of the company, shake hands at the start of the new company on May 7 as a spinoff from ailing cosmetics maker Kanebo Ltd. for which the state-run Industrial Revitalization Corp. of Japan came to the rescue in March. Yogo is currently executive officer of IRCJ. (Kyodo)