Okaya & Co., Ltd. acquired 41.1% stake in Ryoei Koki Co., Ltd.
November 28, 2021
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Okaya & Co., Ltd. (NSE:7485) acquired 41.1% stake in Ryoei Koki Co., Ltd. on November 29, 2021. The number of shares to be acquired were 56,104 shares.
Okaya & Co., Ltd. (NSE:7485) completed the acquisition of Ryoei Koki Co., Ltd. on November 29, 2021.
Okaya & Co Ltd mainly offers various products of iron and steel, information and electronics, industrial materials, living products and others. The Company operates in four business segments. The Steel segment provides iron scraps, steel bars, steel piles, wide flange beams, steel plates, steel pipes and carbon steels for machinery structure. The Information and Electric segment provides copper, aluminumrare earths, electronic parts, general-purpose electrical products, video equipment, semiconductors and electronic-related products, as well as develops and sells software. The Industrial Materials segment offers machine tools, industrial tools and robots, automobile parts, synthetic resin materials, resin molding products, environment and recycling treatment facilities, as well as semiconductors and electronics-related facilities and equipment. The Living Industry segment is involved in the manufacture and sale of piping, housing materials and housing equipment, among others.