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News Release
[Company Information]Establishment of subsidiary in China
6.3.2002
Nitto Denko Corporation has decided to today establish a subsidiary financed exclusively by Nitto Denko as follows.
Objective of establishment
Because of the increasing importance of developing operations in China, the Nitto Denko Group is carrying out group management with a united feeling in China through strategic investment and control of management infrastructure.
Outline of new company
| Corporate name | Nitto Denko (China) Investment Co., Ltd. |
|---|---|
| Representative | Koichi Takatsuka (Vice President) |
| Address | Room 1503-1506, China Merchants Tower,166 Lu Jia Zui East Road, Pudong Shanghai, China, 200120 |
| Capital | U.S. $30 million |
| Date of establishment | July 31, 2002 (planned) |
| Type of work | New investment, management as Nitto Denko Group company in China |
| Shareholder structure | 100% financed by Nitto Denko Corporation |
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