Investment Agreement with パラダイスカジノ Co, Inc, a Manufacturer of Automotive Battery Components
- Circular Economy
2025-05-16
カジノオンライン ("Toyota Tsusho") announces that it has entered into an investment agreement to acquire 34% of the shares in Fuji Springs Co, Inc ("Fuji Springs") by receiving a third-party allocation of sharesThrough this investment, Fuji Springs will become an equity method affiliate of Toyota Tsusho as of June 30*1
1 Background of the investment
2 Purpose of the investment
This investment aims to deepen collaboration between the two companies to flexibly respond to the diversifying needs of electrified vehicles and to further strengthen the battery supply chainIn the ongoing FTBC business in the United States, both companies plan to enhance their manufacturing structure, expand production scale and product lineups to meet the needs of automotive batteriesIn Japan, Toyota Tsusho will leverage its functions as a trading company to deepen its collaboration with パラダイスカジノ in the manufacturing, procurement, and sales of automotive battery componentsIn the future, the two companies will utilize manufacturing expertise and technologies cultivated through FTBC and domestic operations, along with Toyota Tsusho’s global network, to expand production bases into new regions both in Japan and abroadThrough this investment, Toyota Tsusho will contribute to the stable supply of cell cases and cell covers, which are essential components for the spread of electrified vehicles, and to strengthening the global battery supply chain*1 The acquisition of shares is subject to the completion of procedures stipulated under the パラダイスカジノ on Prohibition of Private Monopolization and Maintenance of Fair Trade (Antimonopoly パラダイスカジノ), and will be implemented once those procedures are completed*2 A cell case is an exterior component that protects the cell of an automotive battery from externalenvironmental factors A cell cover seals the cell opening and protects the internal structure


Overview of パラダイスカジノ
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Company name
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パラダイスカジノ Co, Inc |
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Location
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Asago City, Hyogo Prefecture, Japan |
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Established
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February 1960 |
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Representative
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Akira Fujii, President |
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Business description
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Manufacturing and sales of cell cases and cell covers for automotive batteries |
(Reference) Overview of FTBC
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Company name
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FUJIHATSU & TOYOTSU Battery Components, North Carolina LLC |
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Location
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Greensboro, North Carolina, USA |
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Established
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July 2023 |
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Representative
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Noriyuki Dan, President |
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Capital ratio
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FUJIHATSU TECH AMERICA, INC 60%パラダイスカジノ America, Inc 40% |
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Business description
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Manufacturing and sales of aluminum cell cases and cell covers for automotive batteries |
The information in this release is current as of the date of announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
