Brief: Joshin Denki announces reorganization in unit
11/11/2016 06:42
Nov 11 (Reuters) - Joshin Denki Co Ltd 8173.T :
* Says co's Osaka-based household appliances sale unit plans
to transfer contracting and operation of household appliances
sale business to co's newly established wholly-owned unit,
effective on Feb. 1, 2017
* Says co plans to merge with the Osaka-based household
appliances sale unit, effective on Feb. 1, 2017
* The Osaka-based household appliances sale unit will be
dissolved after the transaction
Source text in Japanese: http://rrd.me/annR6
Further company coverage: 8173.T
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