On August 28, 2015, NAKAJO JAMCO CORPORATION, a consolidated subsidiary of JAMCO Corporation, concluded a business transfer agreement with JCM co., ltd., in which the two companies agreed to transfer JCM’s aircraft interiors business operations, which are a portion of its business, to NAKAJO JAMCO.]
１．Business Operations Being Transferred
Manufacture and assembly of parts used in aircraft interior components.
２．Schedule for the Transfer
Date business transfer agreement concluded: August 28, 2015
Date scheduled for transfer of operations: October 1, 2015
３．Overview of Transferor
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Business Name |
JCM co., ltd. |
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Address |
9-113 Shimizu, Tainai, Niigata, Japan |
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Representative |
Tatsuyuki Nakayama |
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Capital |
84 million yen |
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Relationship with JAMCO |
Aircraft interior component parts manufacture and assembly subcontractor |
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４．Overview of Transferee
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Business Name |
NAKAJO JAMCO CORPORATION |
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Address |
9-113 Shimizu, Tainai, Niigata, Japan |
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Representative |
Fumihiko Kamata |
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Capital |
100 million yen (wholly-owned by Niigata JAMCO Corporation) |
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Date Established |
June 6, 2015 |
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Niigata JAMCO Corporation is a wholly-owned subsidiary of JAMCO Corporation
５．Effect on Performance
This transaction will have no impact on the consolidated performance forecast that was announced on May 11, 2015 for the second quarter of the year ending March 2016 and the full fiscal year.