June 26, 2007
ITX Corporation.
ITX announces partial assignment of ITX E-Globaledge Corporation shares,
one of consolidated affiliates
ITX Corporation announced today the partial assignment of ITX E-Globaledge Corporation shares.
Details are as follows.
| [1] No. of shares assigned: |
1,517 shares (Ratio 15.48%)
No. of shares held before assignment: 9,800 shares (Shareholding ratio: 100%)
No. of shares held after assignment: 8,283 shares (Shareholding ratio: 84.52%) |
| [2] Amount of assignment: |
¥606 million |
[3] Receiving companies
| (1) Receiving companies |
PAN JIT INTERNATIONAL INC.
(TPE : 2481) |
ADLINK TECHNOLOGY INC.
(TPE : 6166) |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
| (2) Representatives |
Jason Fang, CEO |
Jim Liu, President |
Nobuo Kuroyanagi,
President |
| (3) Head offices |
No.24 Kang Shan North Road, Kang Shan Town, Kaohsiung Hsien, Kaohsiung, Taiwan |
No.166 Jian Yi Road, Chunguho City, Taipei, Taiwan |
2-7-1, Marunouchi, Chiyoda-ku, Tokyo, Japan |
| (4) Main business activities |
Selling and manufacturing semi-conductor related apparatus and electronics components |
Measuring and controlling, industrial automation, solution business in communications technology |
Banking business |
| (1) Receiving companies |
Sumitomo Mitsui Banking Corporation |
JAFCO V2 Mutual Investment Enterprise Partnership
JAFCO V2-W Investment Enterprise Partnership
JAFCO V2-R Investment Enterprise Partnership
(JAFCO Co., Ltd.) |
Yasuda Enterprise No. 3 Investment Partnership (Yasuda Enterprise Development Co., Ltd.) |
| (2) Representatives |
Masayuki Oku, President |
Toshiaski Ito, Presidnet and CEO |
Kazushige Tachibana, President |
| (3) Head offices |
1-1-2, Yurakucho, Chiyoda-ku, Tokyo, Japan |
1-8-2 Marunouchi,
Chiyoda-ku, Tokyo, Japan |
4-2-7 Kojimachi, Chiyoda-ku, Tokyo, Japan |
| (4) Main business activities |
Banking Business |
Venture Capital |
Venture Capital |
| [4] Reasons for partial assignment of shares: |
| |
The purpose of partial assigning of shares is to establish stronger partnership through creating direct capital ties to major clients and partners of ITX E-Globaledge Corporation. |
| [5] Trade Date: |
June 26，2007 |
Overview of ITX E-Globaledge Corporation
| [1] Company Name: |
ITX E-Globaledge Corporation |
| [2] Representative: |
Masao Nomura, President and CEO |
| [3] Head office: |
7F, Nakameguro GT Tower
2-1-1 Kamimeguro, Meguro-ku, Tokyo, Japan |
| [4] Originally founded: |
October, 1990 |
| [5] Main business activities: |
Selling semi-conductor related apparatus, computer peripherals, fabless solution business such as infrared-ray communication business and consulting business related to IT |
| [6] Shareholder composition after partial assignment: |
- ITX Corporation:
8,283 shares (84.52%)
- PAN JIT INTERNATIONAL INC:
300 shares (3.06%)
- ADLINK TECHNOLOGY INC:
92 shares (0.94%)
- The Bank of Tokyo-Mitsubishi UFJ, Ltd:
250 shares (2.55%)
- Sumitomo Mitsui Banking Corporation:
250 shares (2.55%)
- JAFCO V2 Mutual Investment Enterprise Partnership:
330 shares (3.37%)
- JAFCO V2-W Investment Enterprise Partnership:
30 shares (0.31%)
- JAFCO V2-R Investment Enterprise Partnership:
15 shares (0.15%)
- Yasuda Enterprise No. 3 Investment Partnership:
250 shares (2.55%)
|
| [7] Fiscal year-end: |
March 31st. |
| [8] Employees (Consolidated): |
120 (as of April 2007) |
| [9] Capital: |
¥555 million |
| [10] Business results: |
(Million of yen)
| |
March ended 2006 |
March ended 2007 |
| Revenues |
13,678 |
17,507 |
| Operating income |
242 |
518 |
| Ordinary income |
218 |
276 |
| Net income |
51 |
73 |
| Total asset |
6,746 |
7,877 |
| Shareholder’s equity |
1,723 |
1,762 |
|
Outlook
We expect an extraordinary gain of approx. ¥300 million on a consolidated basis from the profit from selling ITX E-Globaledge Corporation shares. There is no change to consolidated performance forecast for the period ending March, 2008.
|
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