• Implementation dates Late June 2008: Approval of corporate split-up resolution at regular general meeting of shareholders April 1, 2009 (scheduled): Change to holding company system
• Corporate split-up format The scheduled format is to establish Nisshinbo Industries as the holding company and split up the present businesses of textiles, precision instrument & machinery, brakes, chemicals, and paper products into individual business companies.
Regarding the electronics business, our subsidiary, New Japan Radio Co Ltd, will continue to play the central role in its operation.