Nissha : Notice Regarding Transfer of Information and Communication Business (Tokyo Area) (Progress Report)
November 07, 2018 at 01:09 am EST
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As announced in the 'Notice Regarding Conclusion of Share Purchase Agreement with Kyodo Printing Co., Ltd. for Transfer of Nissha's Information and Communication Business (Tokyo Area)' dated September 4, 2018, the Tokyo area businesses (the market and business foundation, with exceptions, in the Tokyo area) of Nissha Co., Ltd.'s subsidiary in charge of its Information and Communication business, Nissha Printing Communications, Inc., will be taken over as a new company (scheduled to be known as Kyodo NCI Printing Co., Ltd.) formed from joint investment by Kyodo Printing (President : Yoshiaki Fujimori) and Nissha Printing Communications on January 7, 2019. Nissha Printing Communications will reduce its businesses in the Tokyo area and concentrate its business foundation in the Kansai area. In future, the company will aim to improve business revenue through the appropriate allocation of management resources in the markets and business fields where its strengths lie, based on fields where it can make use of its highly accurate, high quality color reproduction capacities.
The outline of the new company is as follows.
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Nissha Printing Co. Ltd. published this content on 07 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 November 2018 06:07:02 UTC
Nissha Co.,Ltd., is a Japan-based company mainly engaged in the planning, development, production and sale of industrial materials, devices, medical technology, information and communication and others. It operates through four business segments. Industrial Materials segment produces and sells decorative films, molds, molded product and metallized paper. Device segment is engaged in manufacture and sale of film touch sensors, gas sensors and input devices. Medical Technology segment is engaged in the production and sale of medical electrodes and surgical instruments for medical institutions, and the contract manufacturing for medical device manufacturers. Information Communication segment is involved in the planning, production and sale of products and services such as publication printing, commercial printing, art solutions, and sales promotions. It is also engaged in the business of green space management, industrial waste separation collection and transportation, and security.