NEWS
Notice regarding the completion of the acquisition of FIS and the outline of the new subsidiary company
June 30, 2014
Nissha Printing Co.,Ltd.
Nissha Printing Co., Ltd. (hereinafter referred to as “Nissha”) hereby announce that the simple share exchange between FIS Inc. (hereinafter referred to as “FIS”) and Nissha as announced in the notice “Regarding the conclusion of the share exchange agreement to make FIS Inc. a wholly owned subsidiary through simple share exchange” dated May 9, 2014, has taken effect today as scheduled.
FIS has become our subsidiary, the outline of which is as described below:
FIS has become our subsidiary, the outline of which is as described below:
Outline of FIS
Firm name | FIS Inc. |
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Address | 3-36-3, Kitazono, Itami, Hyogo Prefecture |
CEO, Representative Director of the Board | Takao Hashimoto |
COO, Director, Member of the Board | Noriyuki Ogasawara |
Description of business | Development, manufacturing, and sale of gas sensors. |
Capital | 320 million yen |
Date of establishment | November 20, 1992 |
Future outlook
We expect the impact of this share exchange on our consolidated performance to be minimal. We will immediately disclose any information that is necessary to revise the earning forecast or any other information that should be disclosed in the future.
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