Noritsu Koki Co. Ltd. (headquartered in Umehara, Wakayama City) today announced that the liquidation (dissolution) of one subsidiary in Shanghai City, People痴 Republic of China, which was announced on May 23, 2008, has been completed.
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| 1. |
Reason of Liquidation (Dissolution) |
Consolidation of the functions and operations of our two subsidiaries in Shanghai City to Noritsu (Shanghai) Photofinishing Equipment Manufacturing Co. Ltd. (NSH) and to improve operational efficiency as a part of our efforts to strengthen our management culture.
| 2. |
Completion Date of Liquidation (Dissolution) |
December 18, 2009
| 3. |
Overview of Liquidated Company |
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Name of Company: |
Noritsu (Shanghai) Electronics Equipment Manufacturing Co. Ltd.
(also known as NSC in short) |
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Address of Headquarter: |
NO.343, Meigui Road(N), Waigaoqiao Free Trade Zone, Shanghai 200131, China |
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Representative: |
Takayuki Masutani |
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Business: |
Manufacturing and sale of photofinishing equipment |
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Date of Incorporation: |
February 5, 2001 |
There is little impact on our consolidated earnings from this event.
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