Nisshinbo Industries to make New Japan Radio subsidiary

Nisshinbo Industries to make New Japan Radio subsidiary

TOKYO, Japan - Yoshikazu Sashida (L), president of Nisshinbo Industries Inc., and Yorihisa Suwa, president of Japan Radio Co., shake hands during a press conference in Tokyo on Nov. 8. They announced that Nisshinbo will launch a friendly tender offer to buy a majority stake in New Japan Radio Co., a subsidiary of Japan Radio.

Teijin announces takeover bid for Toho Rayon

Teijin announces takeover bid for Toho Rayon

TOKYO, Japan - Shosaku Yasui (C), president of Teijin Ltd., Japan's leading polyester maker, announces at a news conference Sept. 9 an open takeover bid for Toho Rayon Co., aiming to take a majority stake in the company renowned for its carbon fibers. At right is Toho Rayon President Toshio Furue. At left is Akihiro Mochizuki, president of Nisshinbo Industries Inc., currently Toho Rayon's largest shareholder.

Nisshinbo Industries to make New Japan Radio subsidiary

Nisshinbo Industries to make New Japan Radio subsidiary

TOKYO, Japan - Yoshikazu Sashida (L), president of Nisshinbo Industries Inc., and Yorihisa Suwa, president of Japan Radio Co., shake hands during a press conference in Tokyo on Nov. 8. They announced that Nisshinbo will launch a friendly tender offer to buy a majority stake in New Japan Radio Co., a subsidiary of Japan Radio. (Kyodo)

Teijin announces takeover bid for Toho Rayon

Teijin announces takeover bid for Toho Rayon

TOKYO, Japan - Shosaku Yasui (C), president of Teijin Ltd., Japan's leading polyester maker, announces at a news conference Sept. 9 an open takeover bid for Toho Rayon Co., aiming to take a majority stake in the company renowned for its carbon fibers. At right is Toho Rayon President Toshio Furue. At left is Akihiro Mochizuki, president of Nisshinbo Industries Inc., currently Toho Rayon's largest shareholder.