※This is a machine-translated text of the original article.

Subaru Corporation announced that it had transferred to Yuasa Trading Co Ltd all of its stock and associated real estate of Fuji Juko House Co Ltd owned by the company and its group with regard to Fuji Juko House Co Ltd, a consolidated subsidiary.

In 1971, the company began manufacturing and selling container houses by applying the technology of the bus body manufacturing business (which ended its business in 2003).

We have developed and marketed house products for various applications, such as construction sites and personal use.

Thereafter, in 2004, the company transferred and splits the house business to its Fuji Juko House Co Ltd, an affiliate of the company.

This transfer of stock aims at the optimum allocation of management resources throughout the company group as well as further development of Fuji Juko House Co Ltd.

It was decided that it would be desirable to develop the business under Yuasa Trading, which can take full advantage of the potential of container houses, and as a result of discussions with the company, it was agreed to transfer all the stock of Fuji Juko House Co Ltd and related real estate.

Original Text: https://ampmedia.jp/2020/03/02/subaru/