Toyoko Co., Ltd.
(Toyoko) Forms capital and business alliance with one new business company Accelerating development of CoolLaser for maintenance of condominiums and road bridges
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Toyoko Co., Ltd. (Headquarters: Fuji City, Shizuoka Prefecture, Representative: Kazuaki Toyosawa, hereinafter referred to as the Company), which maintains infrastructure such as aging bridges, is a subsidiary of Kenso Kogyo Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative: Osami Takahashi, hereinafter referred to as the Company). The company raised funds through a third-party allotment of capital. Combined with the 320 million yen announced on October 3, 2023, the total investment amount for this fiscal year is 710 million yen, and the cumulative amount of capital raised is 1.69 billion yen. [Image
The purpose of this partnership with the company is as follows. Founded in 1903, the company is Japan’s largest specialized painting company. We have undertaken many painting projects for iconic buildings in Japan, including the Tokyo Sky Tree, and boast one of Japan’s top-class achievements in large-scale repair work for condominiums. For more information, please see the company’s website “120 Years of History and Pride.”
https://www.kenso.co.jp/pride/
The company also performs a large amount of civil engineering renewal work, including road bridge repair work, for local governments and expressway companies across the country. In the future, we will deepen our collaborative relationship with the company and promote the establishment of new maintenance methods using CoolLaser in the surface treatment process for painting condominiums and road bridges. The following is a comment from Kenso Kogyo Co., Ltd., which has invested in this project.
Kenso Kogyo Co., Ltd. Representative Director and President Osumi Takahashi Our company aims to realize a sustainable society by extending the lifespan of buildings, condominiums, bridges, plants, etc. through appropriate construction, mainly through maintenance, prevention, and conservation work for structures and large-scale repair work for condominiums. I am. We believe that CoolLaser is a new long-life technology that contributes to reducing environmental impact. We will take this investment as an opportunity to strengthen our collaboration with Toyoko and aim for further growth together in the maintenance and repair work field.
Overview of the capital and business alliance partner
[Table 2: https://prtimes.jp/data/corp/87798/table/8_1_4c44a2a8779292c61586e937aef82add.jpg ]
-Company Profile-
Company name: Toyoko Co., Ltd.
Head office location: 39 Aoshima-cho, Fuji City, Shizuoka Prefecture Established: March 1996
Representative: Kazuaki Toyosawa, Representative Director and CEO -Business details-
(1) Manufacture and sale of “CoolLaser,” which uses laser to remove rust and paint films from aging infrastructure.
(2) Construction of “SOSEI”, which uses three layers of special resin spray coating to restore a strong roof
-For inquiries regarding this matter-
Toyoko Co., Ltd. Public Relations
pr@toyokoh.com
0545-53-1045
https://toyokoh.com/
More details about this release:
https://prtimes.jp/main/html/rd/p/000000008.000087798.html