Toys “R” Us Inc. to Combine Japan and Asia Ltd. Businesses

toys-r-us-logo 2Toys “R” Us Inc. will unify its Toys “R” Us Japan business with its Toys “R” Us business in Greater China and Southeast Asia, a joint venture with Fung Retailing Limited.

Under this agreement, Toys “R” Us Japan and its 160 stores will become part of Toys “R” Us Asia Ltd. Toys “R” Us Inc. will own approximately 85 percent of the combined business, while Fung Retailing will own the remaining 15 percent. Toys “R” Us Asia Ltd and its subsidiaries operate 223 stores throughout Greater China and the Southeast Asia markets with an additional 34 stores in the Philippines and Macau. Andres Javes, president of Toys “R” Us Asia Pacific, will continue to oversee all operations of the combined businesses as well as Toys “R” Us Australia.

The combined company’s headquarters will be in Hong Kong. A regional office in Kawasaki, Japan—where Toys “R” Us Japan is located—will continue its operations.

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About the author

Carlos Cadorniga

Carlos Cadorniga

Carlos Cadorniga is an editorial intern at Adventure Publishing Group and a recent journalism graduate from Stony Brook University. He crafts weekly toy reviews for The Toy Insider and contributes to the Toy Book trade magazine. His hobbies include watching cartoons, singing, playing video games, creative writing, and bragging about his trip to Japan. His favorite color is pink and he will not let you forget it, and his favorite sport is seeing how many episodes of The Office he can rewatch on Netflix in one sitting.

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