Fuji Seito Co., Ltd. - 2111- Profile

FUJI SEITO Co., Ltd. was established in 1947. The company is engaged in refining raw sugar and the wholesale of sugar and other products. Refined sugar accounted for 62% of fiscal 1999 revenues; liquid sugar and syrup, 19%; other products including food additives, maitake mushrooms and cut flower vitalizers, 8%; wholesale of sugar, 7%; wholesale of other products, 2% and consignment sugar and syrup refining, 2%. Sales to Nissho Iwai Shokuryo K.K., a selling agent of the company, accounted for 85.26% of fiscal 1999 revenues. Nissho Iwai Corporation, a general trading company, is the major shareholder with 23.46% of issued stock.