http://www.autobacs.co.jp/ja/rss.php オートバックスセブン　新着情報 ja Wed, 10 Mar 2010 23:04:52 JST Wed, 10 Mar 2010 23:04:52 JST http://www.autobacs.co.jp pr@autobacs.com pr@autobacs.com http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1322February 24, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), decided today, to transfer the store ownership of its subsidiary, Craft Ltd. to a member corporation of the AUTOBACS franchise chain and to dissolve the subsidiary. Details are as follows: ?.Details of the store transfer 1.Reason for the transfer The Group is aiming to reinforce its franchise chain business in Japan. The Company decided to transfer store ownership to expand its share and improve earnings as well as strengthen its management system in the Hitachi and Mito area. By actively engaging not only in sales and installation of automotive goods but also in statutory inspection and maintenance services, and car sales and purchases, the Group is striving to establish stores that are regarded by the customers as “Anything about cars, you find at AUTOBACS.” 2.Outline of the transfer of store ownership BOOK-ACE Ltd., which is one of the Company’s franchisee, is taking over the operation on AUTOBACS HITACHI-KANASAWA store from Craft Ltd., the Company’s 100% subsidiary. 3.Description of the transferee Company (1) Company Name: BOOK-ACE Ltd. (2) Head Office Location: Mito city, Ibaraki (3) Representative: Akihiko Nakamura (4) Principal Business: Retail of car goods and services (5) Major locations of business: AUTOBACS MITO-BYPASS store, AUTOBACS MITO-SUMIYOSHI store (6) Capital: JPY 100million (7) Incorporation: 1986 4.Schedule for the transfer Date of the decision made: February 24, 2010 Date of transfer: April 1, 2010 1.Influence on the Company’s business The influence on the Company's consolidated financial performance is assumed to be low. ?.Details of the dissolution of subsidiary 2.Reason for dissolution The subsidiary is dissolved when all of its business is transferred and its chain-store agreement is terminated upon the above store transfer. 3.Overview of the dissolved Company (1) Company Name: Craft Ltd. (2) Head Office Location: Hitachi city, Ibaraki (3) Representative: Hiroyuki Miyamoto (4) Principal Business: Retail of car goods and services (5) Major location of business: AUTOBACS HITACHI-KANAZAWA store (6) Capital: JPY 60million (7) Incorporation: 1999 (8) Major shareholder: AUTOBACS SEVEN Co., Ltd. 92% 4.Schedule for the dissolution Planned Date of Dissolution: September 30, 2010 Planned Date of Liquidation Completed: February 28, 2011 5.Influence on the Company’s business The influence on the Company's consolidated financial performance is assumed to be low. http://www.autobacs.co.jp/en/news/news_en.php?id=1321February 24, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda) decided today, to acquire all share of its franchise company, TAIYO Ltd. and take over the business as its wholly-owned subsidiary. 1.Reason for the share acquisition The Company decided to acquire all share of its franchise company to expand its share and improve earnings as well as strengthen its management system in the Tokushima and Awaji area. By taking over the business as its subsidiary, the Company will actively engage in statutory inspection and maintenance services, and car sales and purchases, as well as its ordinary business of sales and installation of automotive goods. The Group strives to establish stores that are regarded by customers as “Anything about cars, you find at AUTOBACS.” 2.Description of the transferred Company (1) Company name: Taiyo Ltd. (2) Head office location: Minami Awaji city, Hyogo (3) Representative: Akiro Bando (4) Principal business: Operation of AUTOBACS FC stores (5) Major locations of business: Super AUTOBACS TOKUSHIMA-TOIYAMACHI store, AUTOBACS TOKUSHIMA-KAMIITA store, AUTOBACS SUMOTO store, AUTOBACS Hashiriya Tengoku Secohan Ichiba TOKUSHIMA-IC store (6) Capital: JPY 10million (7) Incorporation: 1978 (8) Major shareholder: Akiro Bando (9) Net sales: JPY 1,835million (10) Relationship with AUTOBACS SEVEN: Capital relationship: Not applicable Personnel relationship: Not applicable Business relationship: Concludes AUTOBACS franchise agreements; Super AUTOBACS franchise agreement; AUTOBACS Hashiriya Tengoku Secohan Ichiba franchise agreement; AUTOBACS CARS franchise basic agreement; AUTOBACS CARS franchise agreement; Merchandise sale and purchase agreements. 3.Detail of the transaction (1) Name of Issuer: Taiyo Co., Ltd. (2) Number of stock held by AUTOBACS SEVEN before acquisition: 0 (3) Number of stock planned to be acquired: 1,000 shares (100% of the outstanding common stock) (4) Planned acquisition date: April 1, 2010 4.Influence on the Company’s business The influence on the Company's consolidated financial performance for the current fiscal year is assumed to be low. http://www.autobacs.co.jp/en/news/news_en.php?id=1320(Translation of major points of Japanese release) February 24, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“AUTOBACS SEVEN” or “the Company,” Representative Director and CEO: Setsuo Wakuda), announced today that its board of directors resolved the following changes in its organization and personnel. 1. Organizational Changes (effective April 1, 2010) 1) Changes in Management Structure ? Newly establish “Strategy Planning Department.” ? Separate the IR and PR function from “Corporate Planning” and newly establish “IR & PR Department.” ? “Legal Department” to report to “Human Resources, General Affairs and Legal Officer.” ? Separate the management function of overseas affiliates and stores from “Overseas Business Planning Department” and newly establish “Overseas Business Management Department.” ? Transfer the chain training function of “Human Resources Department” to “Chain Strategy Office” and rename it as “Area Planning Office.” ? “Store Development Department” to report to “Area Strategy & Planning Officer.” ? Transfer the AUTOBACS EXPRESS store management function of “Chain Strategy Office” to “Advanced Store Prototype Development Project” and rename it as “Advanced Store Prototype Development Department.” ? “Merchandise Management Department” and “Used Parts Business Department” to report to “Marketing & Sales Strategy Planning Officer.” ? “Distribution Planning and Management Department” to report to “Car Goods & Services Officer.” 2) Changes in Officers' titles and duties ? Newly establish “Vice Chief Chain Officer.” ? Newly establish “Sales Operation Head Officer.” ? Rename “Chain Strategy Officer ” to “Area Strategy & Planning Officer.” ? Newly establish “Marketing & Sales Strategy Planning Head Officer.” ? Rename “Advanced Store Prototype Development Project Officer” to “Advanced Store Prototype Development Officer.” ? Newly establish “Marketing & Sales Strategy Planning Officer.” ? Rename “AUTOBACS CARS Business Officer” to “Car Sales Officer.” ? Abolish the title of “Chain Strategy Head Officer,” “Merchandising & Servicing Head Officer” and “Car Dealing Head Officer.” http://www.autobacs.co.jp/en/news/news_en.php?id=1314AUTOBACS SEVEN Co., Ltd. (the “Company”, Representative Director and CEO: Setsuo Wakuda), announced that the United States Bankruptcy Court issued an order to close the bankruptcy case of AUTOBACS U.S.A., INC., the Company’s consolidated subsidiary, on January 28, 2010 (PST). AUTOBACS U.S.A., INC. thereby completed its bankruptcy proceedings. The details are as follows: http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1313February 5, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (the “Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announced the objective of its New Medium-Term Business Plan, decided at the Board of Directors meeting held earlier today. Originally created in May 2008, the current Mid-Term Business Plan dubbed the “AUTOBACS BIG PLAN” is presently being reviewed. The Company plans to release details of the revised Plan simultaneously with its consolidated financial results for the fiscal year ending March 31, 2010, scheduled for announcement in May 2010. The outline is as follows: http://www.autobacs.co.jp/en/ir/index.phpEarnings Release "Consolidated Financial Results for the Nine Months Ended December 31, 2009" http://www.autobacs.co.jp/en/news/news_en.php?id=1308(Translation of major points of Japanese release) January 20, 2010 (Tokyo, Japan) — AUTOBACS(CHINA) AUTOGOODS COMMERCE Co., Ltd. (President: Yasukiyo Tajima), a wholly owned subsidiary of AUTOBACS SEVEN Co., Ltd. (“AUTOBACS SEVEN” or “the Company,” Representative Director and CEO: Setsuo Wakuda) announced that it had completed the construction of the new store on January 20, 2010. This new “SHANGHAI HUTAILU" store is opening within a few days. The store is the first directly owned store and the 6th AUTOBACS store in mainland China. Overview of the new store: 1. Store name: AUTOBACS SHANGHAI HUTAILU Store 2.Store address: No.1026-1028, Hutai Road, Putuo-qu, Shanghai, China 3. Site Area: 2,962? 4. Sales floor space: 490? 5. Parking spaces: 10 cars 6. Service bays: 12 bays 7. Product line: Tires, aluminum wheels, engine oil, batteries, car electronics devices, chemical goods, car interior and exterior goods, motor sports goods, and various installation and maintenance services 8. Opening hours: Mondays to Fridays: 7:30am to 7:00pm 9. Store holiday: No regular holidays 10. Operated by: AUTOBACS(CHINA) AUTOGOODS COMMERCE Co., Ltd. http://www.autobacs.co.jp/en/ir/index.phponthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1306(Translation of major points of Japanese release) December 19, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (the “Company”) announced that, on December 17, 2009 (EST), the Company had a lawsuit filed against it in United States District Court for the District of New Jersey (the “New Jersey Action”) as follows. 1. Causes of action and how and why actions were filed As we mentioned in the press release, “Notice concerning filing of a lawsuit against AUTOBACS SEVEN” dated December 12, 2009, AUTOBACS STRAUSS INC. (“AB Strauss”) and 1945 Route 23 Associates, Inc. and R&S Parts and Service, Inc. (collectively, “R&S”) filed a lawsuit against the Company in United States Bankruptcy Court for the District of Delaware on December 11, 2009 (the “Delaware Action”). In the Delaware Action, the plaintiffs objected to the approximately $44 million proof of claim filed by the Company against AB Strauss in its bankruptcy proceeding under Chapter 11 (the “Bankruptcy Proceeding”). In addition, the plaintiffs assert that certain acts taken by the Company and certain former directors of AB Strauss, including those who were seconded from the Company, caused damage to the plaintiffs. Those acts allegedly occurred in connection with the Company’s acquisition and operation of AB Strauss as well as the commencement of the Bankruptcy Proceeding. In the New Jersey Action, the plaintiffs assert, as they asserted in the Delaware Action, that certain acts taken by the Company, a former director of the Company, certain former directors of AB Strauss, including those who were seconded from the Company, and others caused damage to the plaintiffs. Those acts allegedly occurred in connection with the Company’s acquisition of R&S in R&S’s bankruptcy proceeding under Chapter 11 (the “R&S Bankruptcy Proceeding”). 2. Plaintiffs (1) Names: (i) AUTOBACS STRAUSS INC. (ii) 1945 Route 23 Associates, Inc. and R&S Parts and Service, Inc. (2) Locations: (i) 9A Brick Plant Road, South River, NJ 08882, U.S.A. (ii) 1300 N. Market Street, Suite 506, Wilmington, DE 19801, U.S.A. (3) Representatives: (i) Chief Executive Officer: Glenn R. Langberg (ii) Chief Liquidating Officer: Executive Sounding Board Associates, Inc. 3. Contents of Actions (1) Outline of action Claims for (i) compensatory damages, including the amount owed by AB Strauss to all of its creditors claims (other than those of the Company) in the Bankruptcy Proceeding, damages for loss of the value of AB Strauss’s business, and other losses including the costs of the Bankruptcy Proceeding, (ii) treble damages, (iii) punitive damages and (iv) declaration of abandonment and cancellation of certain trademark registrations of the Company in the United States. (2) Alleged amount The plaintiffs have not fixed the amount of damages in the complaint; however, the plaintiffs have alleged that they are entitled to at least $100,000,000 as the amount of compensatory damages (which amount may be increased to at least $300,000,000 through treble damages) and at least $250,000,000 as the amount of punitive damages. The total amount of these alleged claims could amount to at least $550,000,000. 4. Forecast The Company believes that, as in the Delaware Action, it has many factual and legal defenses to the claims being asserted by the plaintiffs and that the level of damages asserted by the plaintiffs is groundless. The Company intends to vigorously pursue its proof of claim and defend against the claims asserted by the plaintiffs. We cannot currently determine the effect that these actions will have on the Company’s performance; however, the Company will disclose necessary information as soon as the matters to be disclosed occur. http://www.autobacs.co.jp/en/news/news_en.php?id=1304(Translation of major points of Japanese release) http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/ir/index.phpANALYST MEETING presentation material for 1st-Half of Fiscal Year 2010 (Apr.1, 09 - Sep.30, 09) date: November 9, 2009 http://www.autobacs.co.jp/en/news/news_en.php?id=1301November 6, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announced today the following difference between the forecast of first-half period for the fiscal year ending March 31, 2010 announced on May 15, and the actual results for the same period announced today. The Company has also announced to revise its full-year forecasts (fiscal year ending March 31, 2010) announced on May 15, as following. http://www.autobacs.co.jp/en/news/news_en.php?id=1300November 6, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), announced today that its board of directors resolved at a meeting held on November 6, 2009, to distribute following interim dividends from surplus. The record date for shareholders entitled to receive this dividend is September 30. In addition, the Company revised the forecast of its year-end dividend. http://www.autobacs.co.jp/en/ir/index.phpEarnings Release "Consolidated Financial Results for the Six Months Ended September 30, 2009" http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1295October 19, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, VICTORY AND ASSOCIATES Ltd. announced the relocation and re-opening of AUTOBACS Narita Store in October 22, 2009. The store was initially opened in September 15,1993. Overview of the new store: 1. Store name: AUTOBACS Narita Store 2. Opening date: Thursday, October 22, 2009 3. Store address: 2052-1 Fudogaoka, Narita city, Chiba 4. Site Area: 5,189m2 (previously 2,912m2) 5. Sales floor space: 817m2 (previously 520m2) 6. Parking spaces: 70cars 7. Service bays: 12bays 8. Product line: Tires, aluminum wheels, engine oil, batteries, car electronics devices, chemical goods, car interior and exterior goods, car inspection and maintenance services 9. Opening hours: 10:00am to 8:00pm 10. Store holiday: No regular holidays 11. Sales target: 800million yen/year 12. Operated by: VICTORY AND ASSOCIATES Ltd. (operates two AUTOBACS stores) Total number of stores of the AUTOBACS Group (as of October 22, 2009): AUTOBACS: 398 Super AUTOBACS: 76 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 28 AUTOBACS EXPRESS: 6 AUTO HELLOES: 8 http://www.autobacs.co.jp/en/news/news_en.php?id=1291 (Translation of major points of Japanese release) October 9, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, AUTO HANDS Co., Ltd. announced the relocation and re-opening of AUTOBACS Nagahama Store in October 16, 2009. The store was initially opened in November 3,1989. Overview of the new store: 1. Store name: AUTOBACS Nagahama Store 2. Opening date: Friday, October 16, 2009 3. Store address: 250 Kawasaki-cho, Nagahama city, Shiga 4. Site Area: 4,094m2 (previously 1,757m2) 5. Sales floor space: 639m2 (previously 301m2) 6. Parking spaces: 71cars 7. Service bays: 8bays 8. Product line: Tires, aluminum wheels, engine oil, batteries, car electronics devices, chemical goods, car interior and exterior goods, car inspection and maintenance services, new and used car sales 9. Opening hours: 10:00am to 8:00pm 10. Store holiday: No regular holidays 11. Sales target: 475million yen/year 12. Operated by: AUTO HANDS Co., Ltd. (operates six AUTOBACS stores and one Super AUTOBACS store) Total number of stores of the AUTOBACS Group (as of October16, 2009): AUTOBACS: 398 Super AUTOBACS: 76 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 28 AUTOBACS EXPRESS: 6 AUTO HELLOES: 8 http://www.autobacs.co.jp/en/news/news_en.php?id=1290 (Translation of major points of Japanese release) October 9, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, YUEI Co., Ltd. announced the relocation and re-opening of AUTOBACS Kasukabe Store in October 16, 2009. The store was initially opened in March 1,1991. Overview of the new store: 1. Store name: AUTOBACS Kasukabe Store 2. Opening date: Friday, October 16, 2009 3. Store address: 1656-1 Fudoinno, Kasukabe city, Saitama 4. Site Area: 6,715m2 (previously 1,485m2) 5. Sales floor space: 886m2 (previously 453m2) 6. Parking spaces: 118cars 7. Service bays: 14bays 8. Product line: Tires, aluminum wheels, engine oil, batteries, car electronics devices, chemical goods, car interior and exterior goods, car inspection and maintenance services 9. Opening hours: Monday to Friday: 10:00am to 8:00pm / Saturday, Sunday and holiday: 10:00am to 7:00pm 10. Store holiday: Open all year 11. Sales target: 750 million yen/year 12. Operated by: YUEI Co., Ltd. (operates six AUTOBACS stores and one Super AUTOBACS store) Total number of stores of the AUTOBACS Group (as of October16, 2009): AUTOBACS: 398 Super AUTOBACS: 76 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 28 AUTOBACS EXPRESS: 6 AUTO HELLOES: 8 http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1286(Translation of major points of Japanese release) September 29, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda) announced the following personnel changes, effective October 1, 2009. 1. Changes in Personnel (effective October 1, 2009) http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1281August 31, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), announced today that its board of directors resolved to transfer its last motorcycle goods store, RICOLAND TOKYO BAY SHINONOME, to K･CUBE Inc. http://www.autobacs.co.jp/en/news/news_en.php?id=1279August 27, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), announced today that its board of directors resolved to set up a new project, named “Advanced Store Prototypes Development Project”, as well as changes in personnel. 1. The purpose of the new project The purpose of launching the project is to enhance the competitiveness of existing group stores by reforming in-store layouts, merchandise displays and service lineups. The project also aims to develop profitable store models that meet with ever changing car-related industry environment and consumer demands. For the implementation of this project, the Company appointed an Officer with full-time dedication. This initiative is to improve store profitability and strengthen the domestic franchise business along with the Company’s Mid-Term Business Plan. 2. Outline of the new project (1) Project policy: Store reformation from the viewpoint of customers and development of profitable store model (2) Project period: From September 1, 2009 to August 31, 2010 (3) Project roles: 1. Store reformation from the viewpoint of customers 2. Renewal of store operation 3. Improvement of store productivity (4) Project structure: Appoint an Officer as a full time project leader who selects several staffs company-wide, some of which for full time positions. 3. Changes in Personnel (Effective September 1, 2009) http://www.autobacs.co.jp/en/ir/index.phpEarnings Releases \"Consolidated Financial Results for the Three Months Ended June 30, 2009\" http://www.autobacs.co.jp/en/news/news_en.php?id=1276AUTOBACS SEVEN Co., Ltd. August 5, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announces that it has recorded extraordinary losses and extraordinary gains in the first quarter of the fiscal year ending March 31, 2010. Details are as follows: 1. Recording of extraordinary losses In its individual financial statements for the fiscal year ended March 31, 2009, the Company recorded an allowance for doubtful receivables over loans to AUTOBACS STRAUSS INC., a full indirectly owned subsidiary that has filed for Chapter 11 bankruptcy protection. Although the loan and allowance for doubtful receivables have been offset against each other in the consolidated financial statements as loans among consolidated companies, they were not offset in the consolidated financial statements for the first quarter ended June 30, 2009, because all shares of AUTOBACS STRAUSS INC., held by AUTOBACS U.S.A., INC., the Group's full subsidiary, have been transferred to a third party, as disclosed on June 16, 2009 in the announcement, “AUTOBACS SEVEN announces share transfer of its U.S. subsidiary.” Consequently the provision of a 4,009 million yen allowance for doubtful receivables toward the loan was recorded. 2. Recording of extraordinary gains With respect to the allowance for business restructuring of AUTOBACS STRAUSS INC. posted in the consolidated financial statements for the fiscal year ended March 31, 2009, the estimated loss generated in the bankruptcy proceedings of AUTOBACS STRAUSS INC. is recorded, and will be transferred to an allowance for doubtful receivables in the above transfer of shares in the settlement for the first quarter ended June 30, 2009. For this reason, a 3,514 million yen reversal of the allowance for business restructuring is posted. In addition, a 218 million yen gain on the disposal of shares in an affiliate is recorded as a result of the transfer of shares. Extraordinary gains are not recorded in the individual financial statements as a result of the stock transfer. 3. Influence on the Company’s consolidated financial performance The net effect of the above extraordinary items on income before income taxes and minority interests is a loss of 277 million yen, and is therefore minimal. http://www.autobacs.co.jp/en/ir/index.phpMonthly report of chain-wide retail sales of AUTOBACS domestic Group stores http://www.autobacs.co.jp/en/news/news_en.php?id=1273AUTOBACS SEVEN Co., Ltd. July 24, 2009 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda), announces the result of acquisition of its own shares in July, under Article 156 of the Japan’s Corporation Law, as applied pursuant to Article 165, paragraph 3 of the same law. The Company finished the share buyback scheme based on the resolution at the meeting of its Board of Directors on May 15, 2009. 1. Period of acquisition: From July 1, 2009 through July 24, 2009 2. Total number of shares acquired: 640,200 shares 3. Total cost of acquisition: 2,197,495,000 yen 4. Method of acquisition: Purchased on the Osaka Securities Exchange market through a trust bank (For reference) 1. Resolution at the meeting of its Board of Directors on May 15, 2009 1) Type of shares to be acquired: shares of common stock of the Company 2) Aggregate number of shares to be acquired: up to 1,600,000 shares; 4.27% of total shares outstanding (excluding treasury stock) 3) Aggregate purchase price of shares: up to JPY 5,600,000,000 4) Acquisition period: from May 18, 2009 to July 31, 2009 5) Method of acquisition: purchase in the market through a trust bank 2. Total number of shares acquired and cost of acquisition on and after the Board of Directors' meeting held on May 15, 2009(following figures are as of July 24, 2009) 1) Total number of shares acquired: 1,600,000 shares 2) Total cost of acquisition: 5,369,119,000 yen 3. Number of treasury stock held as of July 24, 2009 1) Number of treasury stock shares: 1,600,516 shares (excluding odd-lot shares purchased directly from shareholders in July 2009) 2) Total number of outstanding shares: 37,454,204 shares