Ioku Limited Company Announces Change of Representative due to Business Succession (Individual M&A)
Ioku Co., Ltd. (Headquarters: Uenohara City, Yamanashi Prefecture), an apparel sewing factory, is pleased to announce that Junko Sakato has been appointed as Representative Director and CEO as of April 28, 2021 due to business succession.
Background of business succession
Considering closing down due to deteriorating market conditions due to the new coronavirus, aging of the founder and president, and lack of successors
Junko Sakado, who was a business partner of Ioku Co., Ltd., took over the business (succeeded to a third party) through personal M&A (micro M&A).
【Company Profile】
Head Office: 2129 Shihotsu, Uenohara City, Yamanashi Prefecture 409-0121
Representative: Representative Director and CEO Junko Sakado
Established: November 1, 1991
Capital: 3 million yen
Tel: 0554-37-0703
URL: https://agluca.com/
Business details: Apparel sewing, manufacturing and sales of men's and women's wear, apparel OEM, apparel ODM, pattern making, original apparel brand (D2C)
Contact information regarding releases
[Contact information regarding this matter]
Company name: Ioku Co., Ltd.
Person in charge: Junko Sakado
TEL: 0554-37-0703
E-mail: info@agluca.com