MARUJUN Co., Ltd. announced that it has received ¥321.82 million in funding from Topre Corporation
June 22, 2017
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MARUJUN Co., Ltd. (NSE:3422) announced a private placement of 586,200 common shares at a price of ¥549 per share for gross proceeds of ¥321,823,800,000 on June 22, 2017. The transaction included participation from new investor Topre Corporation (TSE:5975).
J-Max Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of body stampings and molds for automobiles. The Company operates in four segments. The Marujun segment, Thailand segment, Guangzhou segment and Wuhan segment are engaged in the manufacture and sale of body stampings and precision stampings for automobiles, stamping molds, welding jigs, inspection tools and other equipment in Japan, Thailand and Guangzhou and Wuhan of China. The main products include automobile body stampings such as front pillars, side sills, center pillar inner products, bumpers, hybrid car parts, hood hinges and steering hanger beams, precision parts such as clutch drums, clutch pistons, planetary carriers, belt pulleys and stator holders, various molds, jigs and inspection tools such as front door inner products single and composite inspection tools and others.
J-MAX CO.,LTD. 