The Asian unit was originally established in 1985 as a partnership between Toys "R" Us and Fung Retailing, the retail subsidiary of the Fung Group (a Hong Kong-based conglomerate that also owns Li & Fung, a major retail distributor), with the parent company owning a majority 85% stake while Fung Retailing owns the remainder of the shares.
(meta data) TITLE: TOYS"R"US, INC. ANNOUNCES COMBINATION OF ITS JAPAN AND ASIA LTD BUSINESSES TO GROW AND STRENGTHEN THE BRAND THROUGHOUT ASIA | Press | Toys"R"Us, Inc. 3 captures 05 May 2017 - 17 Mar 2018 About this capture COLLECTED BY Organization: Archive Team Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history. History is littered with hundreds of conflicts over the future of a community, group, location or business that were "resolved" when one of the parties stepped ahead and destroyed what was there. With the original point of contention destroyed, the debates would fall to the wayside. 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Note you will need channel operator permissions in order to issue archiving jobs. The dashboard shows the sites being downloaded currently. There is a dashboard running for the archivebot process at http://www.archivebot.com. ArchiveBot's source code can be found at https://github.com/ArchiveTeam/ArchiveBot. The Wayback Machine - https://web.archive.org/web/20180317234023/https://www.toysrusinc.com/press/toysrus-inc-announces-combination-of-its-japan-and-asia-ltd-businesses-to-grow-and-strengthen-the-brand-throughout-asia # TOYS"R"US, INC. ANNOUNCES COMBINATION OF ITS JAPAN AND ASIA LTD BUSINESSES TO GROW AND STRENGTHEN THE BRAND THROUGHOUT ASIA WAYNE, NJ and TOYKO, JAPAN (April 11, 2017) – Toys"R"Us, Inc. today announced that it has entered into an agreement to unify its Toys"R"Us, Japan business with its Toys"R"Us business in Greater China and Southeast Asia, a joint venture between Toys"R"Us, Inc. and Fung Retailing Limited. Under this agreement, Toys"R"Us, Japan, which operates 160 stores in the country, will become part of Toys"R"Us, Asia Ltd. The combined business will now be approximately 85 percent owned by Toys"R"Us, Inc. and approximately 15 percent owned by Fung Retailing. Toys"R"Us Asia Ltd and its subsidiaries operate 223 stores in Greater China and in the Southeast Asia markets, which includes Toys"R"Us stores in Brunei, China, Hong Kong, Malaysia, Singapore, Taiwan and Thailand, and licenses an additional 34 stores in the Philippines and Macau. Andre Javes, President, Toys"R"Us, Asia Pacific, will continue to oversee all operations of the combined businesses, as well as Toys"R"Us, Australia. "This expansion marks another milestone for Toys"R"Us as a global company," said Dave Brandon, Chairman and Chief Executive Officer, Toys"R"Us, Inc. "The businesses are highly complementary with regards to markets, products and technology, and we believe that the strategic decision to consolidate them will allow us to streamline operations and accelerate innovation to continue to deliver a world-class experience for our customers in Asia. We look forward to working more closely with Fung Retailing, our trusted and valued business partner, as we further our mission to be the best toy and baby products retail company for the world." The Chairman of the Fung Group, Dr. Victor K. Fung said, "We have been involved with Toys"R"Us in Asia since 1985 and are pleased to expand our partnership to include Japan. Toys"R"Us is one of the most recognized brands in the world, and our goals for the combined business are to leverage the synergies between the businesses and delight a new generation of consumers with significant purchasing power across the region." The combined company will be headquartered in Hong Kong, while a regional office will continue to operate in Kawasaki, Japan, where Toys"R"Us, Japan is based. About Toys"R"Us, JapanToys"R"Us, Japan, a subsidiary of Toys"R"Us, Inc. employs approximately 6,600 associates in Japan. The company currently operates 160 Toys"R"Us and Babies"R"Us stores nationwide (as of April, 2017), as well as the Toys"R"Us/Babies"R"Us Online Store (www.toysrus.co.jp), carrying quality products from trusted domestic and international manufacturers. Toys"R"Us-Japan, Ltd. www.toysrus.co.jp/corporate/CSfCompany.jsp#Toys"R"Us/Babies"R"Us Store Locations www2.toysrus.co.jp/storeToys"R"Us/Babies"R"Us Official Facebook facebook.com/toysrusjp/facebook.com/babiesrusjpToys"R"Us/Babies"R"Us Official Twitter twitter.com/toysrus_jp / twitter.com/babiesrus_jpToys"R"Us/Babies"R"Us Official Instagram www.instagram.com/toysrus_jp/Toys"R"Us/Babies"R"Us Official LINE line.me/ti/p/@toysrus_jp About Fung Retailing LimitedThe retailing businesses of privately-held Fung Retailing Limited extend from Greater China to Korea, Singapore, Malaysia, Thailand and the Philippines through a combined network of over 2,700 stores. They include stores operated separately and independently by publicly-listed Convenience Retail Asia Limited (SEHK:00831) and Trinity Limited (SEHK:00891), as well as the privately-held Branded lifestyle Holding Limited, Fung Kids (Holdings) Limited, Toys"R"Us (Asia) Limited and Suhyang Networks Company Limited. Fung Retailing employs over 16,000 staff, and its turnover exceeded US$1.85 billion in 2015. About Toys"R"Us, Inc.Toys"R"Us, Inc. is the world's leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 883 Toys"R"Us and Babies"R"Us stores in the United States, Puerto Rico and Guam, and in 795 international stores and 254 licensed stores in 37 countries and jurisdictions. With its strong portfolio of e-commerce sites including Toysrus.com and Babiesrus.com, the company provides shoppers with a broad online selection of distinctive toy and baby products. Toys"R"Us, Inc. is headquartered in Wayne, NJ, and has an annual workforce of approximately 60,000 employees worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. Since 1992, the Toys"R"Us Children's Fund, a public charity affiliated with Toys"R"Us, Inc., has donated more than $130 million in grants to children's charities. For more information, visit Toysrusinc.com or follow @ToysRUsNews on Twitter. Follow Toys"R"Us and Babies"R"Us on Facebook at Facebook.com/Toysrus and Facebook.com/Babiesrus and on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus. (meta data) TITLE: Toys 'R' Us Asian operations unaffected by company's 'financial restructuring' - CNA (meta data) PUBLISHED DATETIME:  ## Skip Navigation Jump to Main ## Main navigation and Meta Navigation To Home ### Location Navigation Edition Selection Singapore Edition International Edition ### Meta Main Navigation Sign in ### Section Navigation Title CNA Lifestyle CNA Insider News Clips Video on Demand ### Toys 'R' Us Asian operations unaffected by company's 'financial restructuring' Jump to top ### Search Search Term Search Term # Toys 'R' Us Asian operations unaffected by company's 'financial restructuring' # Toys 'R' Us Asian operations unaffected by company's 'financial restructuring' Up Next: #### Toys "R" Us (Asia) said in a statement on Tuesday (Sep 19) that it is not part of Toy "R" Us Inc's "financial restructuring" and its stores will stay open for business. 19 Sep 2017 03:54PM (Updated: 02 Apr 2019 11:26AM) ## Share this content Share on Facebook Share on Twitter Share via E-Mail ## Bookmark SINGAPORE: Toys "R" Us (Asia) said in a statement on Tuesday (Sep 19) that it is not part of Toy "R" Us' "financial restructuring" and its stores will stay open for business. The statement was released following news that Toys "R" Us Inc, the largest US toy store chain, has filed for bankruptcy protection. However, Toys "R" Us (Asia) stressed that it is a separate legal entity and is financially independent from all other Toys "R" Us operating companies around the world. President for Toys "R" Us (Asia) Andre Javes said: "Toys "R" Us (Asia) is open for business and continuing to serve our customers as we always do. We are a financially robust and self-funding retail operation, which continues to significantly grow and invest in this region." Toys "R" Us (Asia) is a joint venture with Fung Retailing, part of Hong Kong's privately-held Fung Group. It operates a total of 226 stores in Greater China and Southeast Asia - including Brunei, China, Hong Kong, Malaysia, Taiwan and Thailand. There are 11 stores in Singapore. Toys "R" Us (Asia) also licenses an additional 35 stores in the Philippines and Macau. Source: CNA/am
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Toys "R" Us
Stores.:International.:Asia.
Toys "R" Us has extensive presence in East Asian territories and Southeast Asia under the umbrella of Toys "R" Us Asia, a loose amalgamation of joint ventures with local companies. Toys "R" Us stores operate in Brunei, China (mainland, Hong Kong, and Macau), India, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand.