We would like to inform you that Izawa Towel Co., Ltd., Intercraft Tsusho Co., Ltd., and Izawa Towel HD will merge as of March 1, 2022.
Following this merger, Masashi Izawa will assume the role of Representative Director of Izawa Towel Co., Ltd. and will continue to work on business expansion.
With the support of JAFCO Group Co., Ltd., Izawa Towel Co., Ltd. will be able to handle all corporate activities, from research and development to manufacturing, importing, and sales, which were previously divided among the various group companies. By leveraging the optimization of management resources and the speed of decision-making that this will bring, we intend to further accelerate our growth.
■Overview of Shin-Izawa Towel after this merger
Company name: Izawa Towel Co., Ltd.
Address: 1-26-6 Ebisu Nishi, Shibuya-ku, Tokyo
Representative: Masashi Izawa
Capital: 30 million yen
