| 1. |
Corporate name of the parent company |
| |
| Parent company |
Attributes |
Proportion of voting rights owned by the parent company (%) |
Stock exchange where stocks issued by the parent company are listed |
| Daiwabo Co., Ltd. |
Other company in the case that a listed company is an associated company of other company |
|
First Section of Tokyo Stock Exchange/Osaka Securities Exchange |
|
| |
|
| 2. |
Position of listed company in the company group of the parent company, and relationship between listed companies and the parent company |
| |
Daiwabo Co., Ltd. does business mainly in the manufacture, processing, and sales of fiber products, and our company is engaged in the sale of information equipment as part of the Other Business. In regard to personnel, two of our 17 directors are concurrently directors of Daiwabo Co., Ltd. As a rule, we do business autonomously and independently. We are not subject to any management restrictions by the parent company, and in fact we scarcely have any business transactions with the parent company.
| (Directors on the Boards of both Companies) |
(As of 31 March 2007) |
| Position |
Name |
Position in the parent company |
Reason for inauguration |
| Outside director |
Hajime Kanno |
President & CEO |
We asked Mr. Kanno and Mr. Muto to become outside directors so that we could take advantage of their abundant experience and wide-ranging insight in the management of our company. |
| Outside statutory auditor |
Haruta Muto |
Chairman
|
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| |
|
| 3. |
Items of transaction with the parent company |
| |
No such items exist. |
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