The history of Kao and when was Kao reorganized

Kao, a manufacturer of daily necessities.

Trade name Kao Corporation Kao Corporation. Kao shampoo.

Head Office Address: 14-10, Kayabacha-cho, Nihonbashi, **-ku, Tokyo Founded, June 1887, Established, May 1940, Capital: 85.4 billion yen, Number of employees: 5,642 (32,175 in the Kao Group) Representative: Representative Director, President, Executive Officer: Motoki Ozaki.

History. 1887 Kao's predecessor, Nagase Shoten, was founded. It mainly sells cosmetic soaps made in the United States, domestic soaps made in Japan, and imported stationery.

**For the entrepreneur Tomoro Nagase. 1923 The Butamacho Factory (now the Tokyo Factory) was opened, and soap production was expanded and glycerin production began. In 1925, the "Kao Alkali Co., Ltd., Nagase Chamber of Commerce" was established.

We seek large-scale production and large-scale sales, and we will continue to modernize our management. In 1935, the Gotakamachi Factory was made independent and "Dainippon Oil Co., Ltd." was established. In 1940, Nippon Organic Co., Ltd. was established.

In the same year, the "Sakata Factory" was opened. 1944 Nippon Oil Co., Ltd.'s Wakayama Factory was opened. Started trial production of aviation lubricants.

In 1946, "Kao Stone Alkali Co., Ltd., Nagase Chamber of Commerce" was renamed "Kao Co., Ltd." In 1949, Nippon Organic Co., Ltd. changed its name to "Kao Alkali Co., Ltd." At the same time, Kao Co., Ltd. and Dainippon Oil Co., Ltd. merged to form "Kao Oil Co., Ltd."

In 1954, Kao Alkali Co., Ltd. and Kao Oil Co., Ltd. merged to form "Kao Alkali Co., Ltd." In 1963, the "Kawasaki Plant" was started. The equipment is advanced and sophisticated, ready for the arrival of the era of synthetic lotions. In 1964, "Kao Industry Thailand" was established.

In the same year, "Kao Taiwan" was established, and the business in the Asian market was officially established. In 1964, the Industrial Science Research Institute was established in Wakayama. In '67, the Tokyo Regional Research Institute was completed.

We will strive to strengthen our R&D activities. 1966 Established a joint venture with a wholesaler to sell Kao products, seeking to build a unique distribution channel for Kao. Released in 1890, the Kao Soap was named Kao in order to better express the high-quality quality of the "Make-up Soap for Cleansing", which is the same character as the Japanese character for "Yan", which is the origin of the name Kao Company.

The moon symbol, which symbolizes "beauty and cleanliness," has evolved over time and is still used today as the symbol of Kao Corporation. In the field of household products, we are expanding our business in Asia and Oceania, mainly in personal care products, household cleaning products, and physiological hygiene products, and in Europe and the United States, mainly in personal care products. Following Hong Kong and Taiwan, cosmetics have begun to enter the Chinese market.

In addition, we have established production bases for industrial chemicals in Asia, the Americas, and Europe, and are actively promoting our business to all industries in countries around the world.

Kao Co., Ltd. was founded in 1887 as the Western general goods store "Nagase Shoten" (Kao Shiji), which mainly sells cosmetic soaps made in the United States, domestic soaps in Japan, and imported stationery. At present, Kao products involve more than 600 kinds of cosmetics, most of which are polymer chemicals. In August 2002, Kao Corporation (Kao) (KaOCF) invested $30 million to establish Kao (China) Co., Ltd. in China, thus bringing its three companies in China under unified management.

Hello, on April 29, 2022, it was announced that Huaxia Huanyu applied for bankruptcy reorganization of Kao Group, and Kao Group did not raise any objection within the statutory time limit. The court ascertained that Huaxia Huanyu had a creditor's right against Kao Group, and the case in which Kao Group was the person subject to enforcement involved hundreds of millions of yuan in debts in the enforcement case, and Huaqiao Group was unable to repay its debts and obviously lacked solvency. The court held that Huaxia Huanyu had a creditor's right against Kao Group and had been confirmed by the effective documents of the court, and Huaxia Huanyu was qualified as the applicant to apply for the reorganization of Kao Group.

Now that Kao Group is unable to pay off its debts due and obviously lacks solvency, it has the reasons for reorganization stipulated in the bankruptcy law, and Huaxia Huanyu has applied for cancellation of defects and reorganization of it, which is in accordance with the law. The domicile of Kao Group is Danyang City, and the registration authority is Danyang Municipal Administration for Market Regulation, and the court has jurisdiction over its reorganization. Bu Chen thanks for your consultation, I hope to help you, I wish you a happy life and smooth work!