Reported Earnings • Apr 09
Full year 2026 earnings released: EPS: JP¥94.36 (vs JP¥44.05 in FY 2025) Full year 2026 results: EPS: JP¥94.36 (up from JP¥44.05 in FY 2025). Revenue: JP¥814.3b (flat on FY 2025). Net income: JP¥8.18b (up 114% from FY 2025). Profit margin: 1.0% (up from 0.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Duyuru • Apr 07
Fuji Co., Ltd., Annual General Meeting, May 19, 2026 Fuji Co., Ltd., Annual General Meeting, May 19, 2026. Duyuru • Apr 02
Fuji Co., Ltd. to Report Fiscal Year 2026 Results on Apr 07, 2026 Fuji Co., Ltd. announced that they will report fiscal year 2026 results on Apr 07, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.5%). Reported Earnings • Jan 09
Third quarter 2026 earnings released: EPS: JP¥5.19 (vs JP¥6.66 in 3Q 2025) Third quarter 2026 results: EPS: JP¥5.19 (down from JP¥6.66 in 3Q 2025). Revenue: JP¥197.4b (flat on 3Q 2025). Net income: JP¥450.0m (down 22% from 3Q 2025). Profit margin: 0.2% (down from 0.3% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Jan 09
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Duyuru • Jan 08
Fuji Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2026 Fuji Co., Ltd. revised consolidated earnings guidance for the fiscal year ending February 28, 2026. For the year, the company now expects Operating revenue of ¥814,000 million, Operating profit of ¥10,600 million, Net Profit attributable to owners of parent of ¥5,700 million and Net Profit per share of ¥65.78 per share against previous guidance of Operating revenue of ¥815,000 million, Operating profit of ¥15,500 million, Net Profit attributable to owners of parent of ¥5,500 million and Net Profit per share of ¥63.48 per share.
Reasons for the Revision: The environment surrounding the retail industry this term remains challenging, as continued price increases in food and daily necessities have heightened consumer frugality, while rising raw material prices and various costs, including labor costs, continue to put pressure on earnings. FUJI's sales, particularly of food products, have remained steady, driven by its efforts to offer low prices in response to customers' increasing frugality, to promote added value tailored to diverse needs, and to revitalize existing stores in order to strengthen store competitiveness. On the other hand, due to proactive wage increases, rising logistics costs, and increased maintenance and repair costs for aging stores, operating profit and ordinary profit are expected to fall below the earnings forecast. Net profit attributable to owners of the parent will include gains on the sale of investment securities (extraordinary income) from the sale of shares held by FUJI. On the other hand, in order to strengthen the future earnings base and to reassess the asset value of stores and improve the efficiency of held assets, FUJI expects to record impairment losses and losses related to store closures. Declared Dividend • Oct 29
First half dividend of JP¥15.00 announced Dividend of JP¥15.00 is the same as last year. Ex-date: 26th February 2026 Payment date: 20th May 2026 Dividend yield will be 1.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 27% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years. Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: JP¥17.21 (vs JP¥27.89 in 2Q 2025) Second quarter 2026 results: EPS: JP¥17.21 (down from JP¥27.89 in 2Q 2025). Revenue: JP¥207.1b (flat on 2Q 2025). Net income: JP¥1.49b (down 38% from 2Q 2025). Profit margin: 0.7% (down from 1.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 28 October 2025. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Duyuru • Jul 30
Fuji Co., Ltd. to Report Q3, 2026 Results on Jan 08, 2026 Fuji Co., Ltd. announced that they will report Q3, 2026 results on Jan 08, 2026 Reported Earnings • Jul 13
First quarter 2026 earnings released: EPS: JP¥13.32 (vs JP¥1.23 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.32 (up from JP¥1.23 in 1Q 2025). Revenue: JP¥201.4b (up 2.7% from 1Q 2025). Net income: JP¥1.15b (up JP¥1.05b from 1Q 2025). Profit margin: 0.6% (up from 0.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 18
Final dividend of JP¥15.00 announced Dividend of JP¥15.00 is the same as last year. Ex-date: 28th August 2025 Payment date: 28th October 2025 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years. Reported Earnings • Apr 11
Full year 2025 earnings released: EPS: JP¥44.05 (vs JP¥85.79 in FY 2024) Full year 2025 results: EPS: JP¥44.05 (down from JP¥85.79 in FY 2024). Revenue: JP¥808.9b (up 1.0% from FY 2024). Net income: JP¥3.82b (down 49% from FY 2024). Profit margin: 0.5% (down from 0.9% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Feb 27
Fuji Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2025 Fuji Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%). Reported Earnings • Jan 14
Third quarter 2025 earnings released: EPS: JP¥6.66 (vs JP¥11.73 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.66 (down from JP¥11.73 in 3Q 2024). Revenue: JP¥196.5b (flat on 3Q 2024). Net income: JP¥577.0m (down 43% from 3Q 2024). Profit margin: 0.3% (down from 0.5% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Oct 09
Second quarter 2025 earnings released: EPS: JP¥27.89 (vs JP¥26.29 in 2Q 2024) Second quarter 2025 results: EPS: JP¥27.89 (up from JP¥26.29 in 2Q 2024). Revenue: JP¥205.5b (up 1.0% from 2Q 2024). Net income: JP¥2.42b (up 6.1% from 2Q 2024). Profit margin: 1.2% (up from 1.1% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). New Risk • Jul 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 1.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Jul 10
First quarter 2025 earnings released: EPS: JP¥1.23 (vs JP¥20.47 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.23 (down from JP¥20.47 in 1Q 2024). Revenue: JP¥196.2b (flat on 1Q 2024). Net income: JP¥107.0m (down 94% from 1Q 2024). Profit margin: 0.1% (down from 0.9% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Duyuru • Apr 10
Fuji Co., Ltd., Annual General Meeting, May 16, 2024 Fuji Co., Ltd., Annual General Meeting, May 16, 2024. Reported Earnings • Apr 09
Full year 2024 earnings released: EPS: JP¥85.79 (vs JP¥104 in FY 2023) Full year 2024 results: EPS: JP¥85.79 (down from JP¥104 in FY 2023). Revenue: JP¥801.0b (up 2.0% from FY 2023). Net income: JP¥7.44b (down 18% from FY 2023). Profit margin: 0.9% (down from 1.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.5%). Buy Or Sell Opportunity • Jan 24
Now 21% undervalued Over the last 90 days, the stock has risen 6.1% to JP¥1,944. The fair value is estimated to be JP¥2,453, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Earnings per share has declined by 15%. Reported Earnings • Jan 12
Third quarter 2024 earnings released: EPS: JP¥11.73 (vs JP¥3.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥11.73 (up from JP¥3.40 in 3Q 2023). Revenue: JP¥196.2b (up 2.3% from 3Q 2023). Net income: JP¥1.02b (up 245% from 3Q 2023). Profit margin: 0.5% (up from 0.2% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 12
Second quarter 2024 earnings released: EPS: JP¥26.29 (vs JP¥45.05 in 2Q 2023) Second quarter 2024 results: EPS: JP¥26.29 (down from JP¥45.05 in 2Q 2023). Revenue: JP¥203.5b (up 3.5% from 2Q 2023). Net income: JP¥2.28b (down 42% from 2Q 2023). Profit margin: 1.1% (down from 2.0% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥15.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 November 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.6%). Reported Earnings • Jul 08
First quarter 2024 earnings released: EPS: JP¥20.47 (vs JP¥23.51 in 1Q 2023) First quarter 2024 results: EPS: JP¥20.47 (down from JP¥23.51 in 1Q 2023). Revenue: JP¥195.4b (up 3.0% from 1Q 2023). Net income: JP¥1.77b (down 13% from 1Q 2023). Profit margin: 0.9% (down from 1.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥104 (vs JP¥103 in FY 2022) Full year 2023 results: EPS: JP¥104 (up from JP¥103 in FY 2022). Revenue: JP¥785.0b (up 145% from FY 2022). Net income: JP¥9.03b (up 129% from FY 2022). Profit margin: 1.2% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Buying Opportunity • Feb 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.9%. The fair value is estimated to be JP¥2,233, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 18%. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥15.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%). Buying Opportunity • Jan 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.2%. The fair value is estimated to be JP¥2,222, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 18%. Reported Earnings • Jan 13
Third quarter 2023 earnings released: EPS: JP¥3.40 (vs JP¥38.68 in 3Q 2022) Third quarter 2023 results: EPS: JP¥3.40 (down from JP¥38.68 in 3Q 2022). Revenue: JP¥191.7b (up 144% from 3Q 2022). Net income: JP¥295.0m (down 80% from 3Q 2022). Profit margin: 0.2% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (8 non-independent directors). Standing Corporate Auditor Osamu Kaneno was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 05
Second quarter 2023 earnings released: EPS: JP¥45.05 (vs JP¥40.15 in 2Q 2022) Second quarter 2023 results: EPS: JP¥45.05 (up from JP¥40.15 in 2Q 2022). Revenue: JP¥196.5b (up 146% from 2Q 2022). Net income: JP¥3.91b (up 155% from 2Q 2022). Profit margin: 2.0% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 November 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%). Reported Earnings • Jul 08
First quarter 2023 earnings released: EPS: JP¥23.51 (vs JP¥38.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.51. Revenue: JP¥189.7b (up 143% from 1Q 2022). Net income: JP¥2.04b (up 39% from 1Q 2022). Profit margin: 1.1% (down from 1.9% in 1Q 2022). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (8 non-independent directors). Standing Corporate Auditor Osamu Kaneno was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Apr 10
Fuji Co., Ltd., Annual General Meeting, May 19, 2022 Fuji Co., Ltd., Annual General Meeting, May 19, 2022. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: JP¥103 (vs JP¥109 in FY 2021) Full year 2022 results: EPS: JP¥103 (down from JP¥109 in FY 2021). Revenue: JP¥320.9b (up 1.7% from FY 2021). Net income: JP¥3.94b (down 5.8% from FY 2021). Profit margin: 1.2% (down from 1.3% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Buying Opportunity • Mar 07
Now 21% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be JP¥3,132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14% per annum over the last 3 years. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 21 May 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Reported Earnings • Jan 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥38.68 (up from JP¥35.28 in 3Q 2021). Revenue: JP¥78.5b (flat on 3Q 2021). Net income: JP¥1.48b (up 9.6% from 3Q 2021). Profit margin: 1.9% (up from 1.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Oct 05
Second quarter 2022 earnings released: EPS JP¥40.15 (vs JP¥47.38 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥80.0b (down 1.2% from 2Q 2021). Net income: JP¥1.53b (down 15% from 2Q 2021). Profit margin: 1.9% (down from 2.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥2,300, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Consumer Retailing industry in Japan. Total returns to shareholders of 4.7% over the past three years. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 16 November 2021. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (1.4%). Reported Earnings • Jul 10
First quarter 2022 earnings released: EPS JP¥38.40 (vs JP¥9.01 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥78.1b (up 6.5% from 1Q 2021). Net income: JP¥1.47b (up 326% from 1Q 2021). Profit margin: 1.9% (up from 0.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS JP¥109 (vs JP¥137 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥315.4b (flat on FY 2020). Net income: JP¥4.18b (down 20% from FY 2020). Profit margin: 1.3% (down from 1.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Duyuru • Mar 01
Fuji Co., Ltd. to Report Fiscal Year 2021 Results on Apr 12, 2021 Fuji Co., Ltd. announced that they will report fiscal year 2021 results on Apr 12, 2021 Is New 90 Day High Low • Feb 15
New 90-day high: JP¥2,072 The company is up 5.0% from its price of JP¥1,971 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 6.0% over the same period. Reported Earnings • Jan 09
Third quarter 2021 earnings released: EPS JP¥35.28 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥78.2b (up 3.5% from 3Q 2020). Net income: JP¥1.35b (up 3.6% from 3Q 2020). Profit margin: 1.7% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥2,040 The company is up 2.0% from its price of JP¥1,997 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 2.0% over the same period. Duyuru • Jul 31
Fuji Co., Ltd. (TSE:8278) completed the acquisition of Sunny Tsubaki Co.,Ltd. Fuji Co., Ltd. (TSE:8278) agreed to acquire Sunny Tsubaki Co.,Ltd. on April 16, 2020. Fuji will acquire 1,000 shares. Post completion, Sunny Tsubaki will become wholly owned subsidiary of Fuji. Transaction is expected to close on April 17, 2020.
Fuji Co., Ltd. (TSE:8278) completed the acquisition of Sunny Tsubaki Co.,Ltd. on April 17, 2020. 
