Tuesday, October 08, 2013

Things You Don't See Everyday #117

GOOG finance has a rather interesting business description summary of the fishin' prods co' company formerly as Daiwa Seiko (TSE Code #7990), but now known as Globeride to reflect its repositioning towards things two-wheeled (something I personally approve). For it is not every day - at least not in the USofA where companies compete with other to devise new ways to avoid providing their employees with healthcare or sufficient hours to qualify for benefits - where one sees an overt statement by a company of its responsibilities to its workers.

GLOBERIDE, Inc. is a Japan-based company. The Company, along with its subsidiaries and associated companies, is mainly engaged in the manufacture and sale of sports-related products. The Company is also engaged in the provision of welfare for the Company staff. As of March 31, 2012, the Company had 23 subsidiaries. On August 31, 2011, the Company completed the dissolving of its wholly owned subsidiary's subsidiary engaged in wholesales of fishing gear.

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