30 January 2012 - US oil and gas mega-major Exxon Mobil Corporation (NYSE:XOM) has undertaken to restructure its Japanese operations, agreeing a deal for its local subsidiary ExxonMobil Yugen Kaisha
with Japanese refiner TonenGeneral Sekiyu KK (TYO:5012).
TonenGeneral will acquire 99 percent of the shares of Exxon's Japanese arm, Exxon Mobil Yugen Kaisha
, which currently owns more than 50 percent of the shares in TonenGeneral, for 302 billion yen in June to integrate the management.
On Sunday, Exxon announced in a statement that it will sell 99 percent of the shares of its local subsidiary, Exxon Mobil Yugen Kaisha
, to TonenGeneral for JPY 302 billion (USD 3.9 billion) through a transaction expected to close in June.
M2 EQUITYBITES-December 20, 2011-ExxonMobil Yugen Kaisha
plans to increase halobutyl rubber capacity at JBC Kashima Plant to 80,000 tons per year(C)2011 M2 COMMUNICATIONS http://www.m2.com
ExxonMobil Yugen Kaisha
, a subsidiary of ExxonMobil Chemical, has announced that Japan Butyl Co Ltd has completed expansion to increase butyl rubber production capacity at its plant in Kawasaki, Japan.
A spokesman for ExxonMobil Yugen Kaisha
said the company is reviewing the new regulations, while declining to comment further.
We would like to make Ofuku Mochi a product (consumers) can buy with a sense of safety,'' Masao Kohashi, president of Ofuku Mochi Honke Yugen Kaisha
, said after submitting a business improvement plan to food safety regulators in Mie Prefecture of the Ministry of Agriculture, Forestry and Fisheries.
While most people might go hire a "gyosei shoshi" administrative scrivener (a paralegal), he went and paid JPY4,950 for a package on how to start a company (Yugen Kaisha
) for yourself.
ASSIGNEE(S): Yugen Kaisha
Yamamoto Kagu Seisakusho.
M2 EQUITYBITES-October 22, 2010-ExxonMobil Yugen Kaisha
reports JV's expansion of butyl rubber production(C)2010 M2 COMMUNICATIONS http://www.m2.com
Its Japanese unit ExxonMobil Yugen Kaisha
reported its net profit in 2009 plunged 48.0 percent from the previous year to 12.5 billion yen on 1.35 trillion yen in sales, down 34.4 percent.
Japanese central and local government officials continued to inspect the headquarters of another time-honored sweets maker, Ofuku Mochi Honke Yugen Kaisha
, on Tuesday on suspicion it falsely labeled production dates and ingredients of its ''Ofuku Mochi'' rice cake, known as a souvenir for visitors to the Ise Jingu grand shrine in Ise, Mie Prefecture, for more than 25 years.