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.
After this merger, Masashi Izawa will become the representative director of Shin-Izawa Towel and will continue to work on business development.
With the support of JAFCO Group Co., Ltd., corporate activities such as research and development, manufacturing, importing, and sales, which were previously divided among group companies, will now be handled entirely by Shin-Izawa Towel. By optimizing management resources and speeding up decision-making, we intend to further accelerate the growth of Shin-Izawa Towel.
■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
