ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

TANAKA Precious Metals to Reorganize Group Organizational Structure from January 2025



TOKYO, Aug 7, 2024 - (JCN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka), the pure holding company of TANAKA Precious Metals, will reorganize the group's organizational structure on January 1, 2025, and transition to a management structure centered on the newly established TANAKA PRECIOUS METAL GROUP CO., LTD.

By clarifying the functions of each group company and reorganizing them based on those functions, the aim of reorganizing the group's organizational structure is to further improve productivity and management efficiency, thereby achieving sustainable growth and ultra-long-term corporate management.

Under the new structure, TANAKA Holdings Co., Ltd. will change the system in which it manages, guides, and supports the overall operations of TANAKA Precious Metals. In order to improve the speed of decision-making and promote efficient management by separating the asset management function from the management control function, we will split TANAKA Holdings Co., Ltd. into two companies: FIELD IN & CO., LTD. (asset management function, including holding company) and TANAKA PRECIOUS METAL GROUP CO., LTD. (management control function for the entire group).

Under this TANAKA PRECIOUS METAL GROUP CO., LTD., two companies will be positioned: TANAKA PRECIOUS METAL TECHNOLOGIES CO., LTD., which mainly operates in the industrial and asset business of precious metals, and TANAKA PRECIOUS METAL RETAILING CO., LTD., whose name will be changed from TANAKA KIKINZOKU JEWELRY K. K.

The wholly-owned subsidiaries of TANAKA PRECIOUS METAL TECHNOLOGIES CO., LTD. involved in the industrial business will continue to be positioned under the company as before. In addition, the English names of some group companies will be changed.

The details of the group's organizational structure and company name changes are as follows.

- TANAKA Precious Metals Group Organizational Structure (From January 2025)

- Group companies (including newly established companies) whose names will be changed

(1) TANAKA PRECIOUS METAL GROUP CO., LTD. (newly established/to be established on September 30, 2024)

English company name TANAKA PRECIOUS METAL GROUP CO., LTD.
Japanese company name

 

(2) TANAKA PRECIOUS METAL TECHNOLOGIES CO., LTD.

  Current company From January 1, 2025
English company name TANAKA KIKINZOKU KOGYO K. K. TANAKA PRECIOUS METAL TECHNOLOGIES CO., LTD.
Japanese company name

*Renaming of English company name

(3) TANAKA PRECIOUS METAL RETAILING CO., LTD.

  Current company From January 1, 2025
English company name TANAKA KIKINZOKU JEWELRY K. K. TANAKA PRECIOUS METAL RETAILING CO., LTD.
Japanese company name

*Renaming of Japanese and English company names

(4) TANAKA ELECTRONICS CO., LTD.

  Current company From January 1, 2025
English company name TANAKA DENSHI KOGYO K. K. TANAKA ELECTRONICS CO., LTD.
Japanese company name

*Renaming of English company name

(5) FIELD IN & CO., LTD.

  Current company From January 1, 2025
English company name TANAKA HOLDINGS CO., LTD. FIELD IN & CO., LTD.
Japanese company name

*Renaming of Japanese and English company names

About TANAKA Precious Metals

Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending December 2023, was 611.1 billion yen.

TANAKA Holdings Website
https://www.tanaka.co.jp/english/

Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media

Press Release: https://www.acnnewswire.com/docs/files/20240806.pdf 

]]>

Source: Tanaka Holdings Co., Ltd.

Copyright 2024 JCN Newswire . All rights reserved.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.