To a group of FANCL Kirin to a press conference in Tokyo August 6th 16:32
Leading beverage manufacturer Kirin Holdings has announced a capital and business alliance with FANCL, a health food and cosmetics company.
According to the announcement, FANCL will join Kirin's group, with Kirin taking over approximately 30% of shares for 129.3 billion yen next month from FANCL.
Going forward, we plan to proceed with product development and joint research in the fields of health and food, and representatives from both companies will hold a press conference in Tokyo from 5 pm to clarify the detailed aims.