Establishment of Unicharm’s manufacturing subsidiary in China
July 27, 2012 - China
Unicharm Corporation announces that it has received approval and authorization to establish Unicharm Consumer Products (Jiangsu) Co., Ltd. in Yangzhou, Jiangsu Province, China.
The Company currently has factories in Shanghai and Tianjin, and as demand is expected to expand in the inland areas going forward, the Company has decided to establish Unicharm Consumer Products (Jiangsu) Co., Ltd. in Yangzhou, Jiangsu Province in order to build a stable supply system.
Profile of the New Company
Corporate Name: Unicharm Consumer Products (Jiangsu) Co., Ltd.
Address: Annex of Development Building, 108 Weiyang Road, Yangzhou, China.
Representative: Kennosuke Nakano
Business Operations: Manufacturing and Sales of disposable diapers, sanitary products and the like
Paid-in Capital: 30 million U.S. dollars
Ownership: Unicharm China Co., Ltd. (100%)
Date of Establishment: July 12, 2012
Future Outlook
The impact on consolidated financial results for the fiscal year ending March 2013 is expected to be minimal.
Unicharm offers baby and child care products, feminine care products, health care products, cosmetic products, household products,pet care products, industrial materials and food-packaging materials, etc.