The Tokyo-based company has appointed Mitsubishi UFJ Morgan Stanley Securities Co. as its financial adviser to explore capital strategies, including delisting, said the people, who asked not to be identified as the information isn’t public. Yomeishu has reached out to potential buyers and investment funds for a possible sale and has recently conducted a first-round bidding process, according to the people.
The Yomeishu Seizo Co. head office in Tokyo.
Source: Nikkan Kogyo Shimbun/Kyodo News Images
Yomeishu said in a statement that it’s considering various ...