http://www.autobacs.co.jp/ja/rss.php オートバックスセブン　新着情報 ja Sat, 31 Jul 2010 03:53:49 JST Sat, 31 Jul 2010 03:53:49 JST http://www.autobacs.co.jp pr@autobacs.com pr@autobacs.com http://www.autobacs.co.jp/en/news/news_en.php?id=1385July 29, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“AUTOBACS SEVEN,” Representative Director and CEO: Setsuo Wakuda) announces that its Board of Directors resolved on July 29, 2010, to terminate the operational and capital tie-up with Daytona International Trading Corporation and sell part of its holding at Daytona International Trading Corporation (“Daytona”). The details are as follows. 1. Reason for the Termination of Operational and Capital Tie-Up Daytona plans, develops and sells parts and accessories for motorcycles. On entering the motorcycle accessories business, AUTOBACS SEVEN concluded an operational and capital tie-up with Daytona on March 17, 2003 to share know-how and information about the above business. However, as AUTOBACS SEVEN withdrew entirely from the motorcycle goods store RICOLAND following the transfer of the franchisor’s business of RICOLAND in February 2009 and the transfer of RICOLAND KOMAKI IC store and RICOLAND TOKYO BAY SHINONOME store in March 2009 and October 2009 respectively, AUTOBACS SEVEN determined today that it would terminate the operational and capital tie-up after discussions with Daytona. AUTOBACS SEVEN expects that it will sell part of its holding of Daytona shares (a shareholding of 20.8%) to Koshida Corporation, Daytona’s new operational and capital tie-up partner, and will exclude Daytona from its equity method affiliates. AUTOBACS SEVEN also expects to sell the remaining shares of Daytona while monitoring the its business situation. 2. Outline of the Operational and Capital Tie-Up 1) Outline of the Operational Tie-Up Termination of an operational tie-up that principally aimed at sharing information and know-how about the motorcycles and automobiles industries, joint development of accessories for motorcycles and automobiles, joint operations in the retail business for motorcycle accessories, and the procurement of accessories for motorcycles and automobiles 2) Number and percentage of total outstanding shares of AUTOBACS SEVEN held by Daytona Not applicable 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=1379(Translation of major points of Japanese release) June 30, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), reported today the result of the Voluntary Retirement Program of its wholly owned subsidiary, BRAIN-ING Co., Ltd.(“BRAIN-ING”), which was announced in the press release dated June 1, 2010. http://www.autobacs.co.jp/en/news/news_en.php?id=1377(Translation of major points of Japanese release) June 29, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, O.P.S Ltd. announced the relocation and re-opening of AUTOBACS IZUKA on Thursday, July 1, 2010. The store was initially opened in December 1985 as AUTOBACS HIGASHI IZUKA Store. Overview of the new store: 1. Store name: AUTOBACS IZUKA Store 2. Opening date: Thursday, July 1, 2010 3. Store address: 249-1, Horiike, Izuka city, Fukuoka 4. Site Area: 4,427 square meters (previously 2,117 square meters) 5. Sales floor space: 867 square meters (previously 385 square meters) 6. Parking spaces: 70 cars (previously 60 cars) 7. Service bays: 9 bays (previously 9 bays) 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 7:30pm 10. Store holiday: Open all year 11. Sales target: 549 million yen/year 12. Operated by: O.P.S Ltd. Total number of stores of the AUTOBACS Group (as of July 1, 2010): AUTOBACS: 399 Super AUTOBACS: 76 AUTO HELLOES: 6 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 24 AUTOBACS EXPRESS: 6 http://www.autobacs.co.jp/en/ir/index.phpMonthly Retail Sales Report (May) http://www.autobacs.co.jp/en/ir/index.phpMonthly Retail Sales Report FY2010 http://www.autobacs.co.jp/en/news/news_en.php?id=1372(Translation of major points of Japanese release) June 3, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), has decided to conduct trials with two new stores that will include eco-friendly features such as solar power generation systems. The new stores are the AUTOBACS IKARUGA Store (provisional name), scheduled to open in September 2010, and the AUTOBACS FUCHU-MUSASHIDAI Store (provisional name), which is scheduled to open in March 2011. Both stores are expected to be able to reduce annual energy consumption by about 30% compared to the standard level for existing stores. The Group has established the AUTOBACS 2010 Medium-Term Business Plan, aiming for our slogan “Anything about cars, you find at AUTOBACS.” In this plan, the promotion of CSR activities is positioned as an important management issue, and implementing environmental initiatives within Group stores is an important part of these activities. In the future, we will work to create more eco-friendly stores based on the results of the current trial. http://www.autobacs.co.jp/en/news/news_en.php?id=1370(Translation of major points of Japanese release) June 2, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, LOTUS Inc. have completed the rebuilding of the AUTOBACS SUZUKA Store into a larger format. The re-opening date is on Thursday, June 10, 2010. Overview of the new store: 1. Store name: AUTOBACS SUZUKA Store 2. Opening date: Thursday, June 10, 2010 3. Store address: 71, Nishijo 6-chome, Suzuka city, Mie 4. Site Area: 4,256 square meters (previously 4,237 square meters) 5. Sales floor space: 729 square meters (previously 434 square meters) 6. Parking spaces: 104 cars (previously 90 cars) 7. Service bays: 13 bays (previously 5 bays) 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 Saturday: 10:00am to 8:00pm Sunday and holiday: 10:00am to 7:00pm 10. Store holiday: No regular holidays 11. Sales target: 620 million yen/year 12. Operated by: LOTUS Inc. Total number of stores of the AUTOBACS Group (as of June 10, 2010): AUTOBACS: 399 Super AUTOBACS: 76 AUTO HELLOES: 6 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 24 AUTOBACS EXPRESS: 6 http://www.autobacs.co.jp/en/news/news_en.php?id=1369(Translation of major points of Japanese release) June 2, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, CLIMB Inc. have completed the rebuilding of the AUTOBACS KARIYA Store into a larger format. The re-opening date is on Friday, June 4, 2010. Overview of the new store: 1. Store name: AUTOBACS KARIYA Store 2. Opening date: Friday, June 4, 2010 3. Store address: 1-11-9, Shoei-cho, Kariya city, Aichi 4. Site Area: 3,482 square meters (previously 1,332 square meters) 5. Sales floor space: 673 square meters (previously 326 square meters) 6. Parking spaces: 65 cars (previously 29 cars) 7. Service bays: 9 bays (previously 4 bays) 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 Saturday: 10:00am to 8:00pm Sunday and holiday: 10:00am to 7:30pm 10. Store holiday: Open all year 11. Sales target: 480 million yen/year 12. Operated by: CLIMB Inc. Total number of stores of the AUTOBACS Group (as of June 4, 2010): AUTOBACS: 399 Super AUTOBACS: 76 AUTO HELLOES: 6 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 24 AUTOBACS EXPRESS: 6 http://www.autobacs.co.jp/en/news/news_en.php?id=1365May 31, 2010 (Tokyo, Japan) – AUTOBACS SEVEN Co., Ltd. (the “Company” or “AUTOBACS SEVEN,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announces that its Board of Directors resolved on May 31, 2010 to merge and absorb with BRAIN-ING Co., Ltd. (“BRAIN-ING”), a consolidated subsidiary wholly owned by the Company. Disclosure information and details about this merger are partly omitted as it is a merger with a wholly owned subsidiary of the Company. 1. Reason for the merger BRAIN-ING is a consolidated subsidiary wholly owned by the Company. As an advertising agency principally serving the Group, it engages in sales promotion planning and production of promotion materials. As part of an initiative to improve the capabilities of the Headquarters, as called for in its medium-term business plan, the Company is conducting this merger to integrate processes ranging from the planning of sales promotion measures to store development. The Company has judged that it streamlines the operations and further upgrade the sales promotion functions, while enabling greater operating efficiency and the more productive use of business resources by helping to eliminate redundant operations. 2. Outline of the merger 1) Schedule for the merger Date of the Board’s resolution: May 31, 2010 Date of merger agreement: May 31, 2010 Effective date of merger: August 1, 2010 This merger is a short-form merger. The Company requires no approval for the merger agreement from its General Meeting of Shareholders under the provision in paragraph 3 of Article 796 of the Companies Act. BRAIN-ING also does not require approval, in accordance with paragraph 1 of Article 784 of the same Act. 2) Method of the merger This is an absorption-type merger with AUTOBACS SEVEN as a surviving company and BRAIN-ING as the absorbed company. 3) Share allocation in connection with the merger As the Company owns all shares of BRAIN-ING, there will be no issuing of new shares, no capital increase nor cashing out associated with the merger. 4) Handling of share warrants and corporate bonds with share warrants of the non-surviving company BRAIN-ING has issued neither share warrants nor corporate bonds with share warrants. http://www.autobacs.co.jp/en/news/news_en.php?id=1366June 1, 2010 (Tokyo) – AUTOBACS SEVEN Co., Ltd. (“the Company” or “AUTOBACS SEVEN,” Representative Director and CEO: Setsuo Wakuda) announces that the Board of Directors of BRAIN-ING Co., Ltd.,(“BRAIN-ING”), a consolidated subsidiary wholly owned by the Company, resolved on June 1, 2010 to implement a voluntary retirement program. 1. Reason for the voluntary retirement program As stated in the Company’s press release titled “AUTOBACS SEVEN Announces Merger with its Consolidated Subsidiary”, which was announced on May 31, 2010, AUTOBACS SEVEN and BRAIN-ING are scheduled for merger on August 1, 2010. BRAIN-ING has now announced a voluntary retirement incentive program that seeks to provide support for the lives of applicants, based on a voluntary approach. Those employees seeking an working environment that is more suitable for them after careful consideration of personnel reallocation following the merger and their own career plans, are invited to sign up for the program. 2. Outline of the voluntary retirement program (1) Target number: 40 (number of employees of BRAIN-ING is 86 as of June 1, 2010) (2)Application Period: from June 22, 2010 to June 28, 2010 (3)Retirement date: July 31, 2010 (4)Target: regular employees and employees serving as directors (5)Favorable treatment: special gratuity is to be paid to those who voluntarily resign. The Company also provides job-placement assistance through reemployment support companies. 3. Outlook Special gratuity is scheduled to be posted as an extraordinary loss in the term ending March 2011. Since the amount differs depending on the applications, the effects on results for the current term is to be announced as soon as they are fixed. http://www.autobacs.co.jp/en/news/news_en.php?id=1367June 1, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda), announces the interim results of acquisition of its own shares, under Article 156 of the Japan’s Corporation Law, as applied pursuant to Article 165, paragraph 3 of the same law. 1. Period of acquisition: From May 17, 2010 through May 31, 2010 2. Total number of shares acquired: 275,000 shares 3. Total cost of acquisition: 911,430,000 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 held on May 13, 2010 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; 4.46% 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 17, 2010 to September 17, 2010 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 13, 2010(following figures are as of May 31, 2010) 1) Total number of shares acquired: 275,000 shares 2) Total cost of acquisition: 911,430,000 yen 3. Number of treasury stock held as of May 31, 2010 1) Number of treasury stock shares: 1,876,637 shares (excluding odd-lot shares purchased directly from shareholders in May 2010) 2) Total number of outstanding shares: 37,454,204 shares http://www.autobacs.co.jp/en/ir/index.phpPresentation Materials for Fiscal Year 2010(Apr.1 09 - Mar. 31, 10) date:May 14, 2010 http://www.autobacs.co.jp/en/ir/index.phpPresentation Materials for Fiscal Year 2010(Apr.1 09 - Mar. 31, 10) date:May 14, 2010 http://www.autobacs.co.jp/en/ir/index.phpConsolidated Financial Results for the Year Ended March 31, 2010 http://www.autobacs.co.jp/en/news/news_en.php?id=1356May13, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (the “Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announces that its Board of Directors resolved on May 13, 2010 to adopt a new medium-term business plan, named “AUTOBACS 2010 Medium-term Business Plan,” ("the Plan") as follows. 1. Basic Concept of the Plan Through the implementation of the new medium-term business plan, the Company aims to strengthen customer satisfaction by adopting a thorough review of customers’ wants & needs and by enabling to offer a value-added services toward customers. Concerning business strategy, the Company intends to increase market share and store profitability by fundamentally bolstering the domestic franchise business. In terms of financial strategy, the Company intends to enhance shareholders’ value by investing actively to execute business strategies and generate operating cash flows as well as enhancing shareholders’ returns and improving asset and capital efficiency. 2. Major themes of the Plan: 1) Strengthening domestic franchise business ?Improving store profitability ?Increasing market share ?Improving executive ability of the Headquarters 2) Strengthening Financial Position ?Improving asset and capital efficiency ?Enhancing shareholders’ returns policy 3) Enhancing CSR activities ?Taking environmental initiatives at stores and the Headquarters ?Strengthening social contribution activities ?Reinforcing compliance system ?Reinforcing risk management Please click below for further information http://www.autobacs.co.jp/en/news/news_en.php?id=1355May 13, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), announces today that its board of directors resolved at the meeting held today to distribute following yea-end dividends from surplus. The record date for shareholders entitled to receive this dividend is March 31, 2010. This resolution is scheduled to be proposed for its approval at the general meeting of stockholders to be held on June 24, 2010. 1. Details of dividends (Year-end dividends) http://www.autobacs.co.jp/en/news/news_en.php?id=1354May 13, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda) announces that its Board of Directors resolved at the meeting held today to acquire its own shares, under Article 156 of the Japan's Corporation Law, as applied pursuant to Article 165, paragraph 3 of the same law. 1. Reason for acquisition of the Company’s own shares: To enhance shareholder returns and improve capital efficiency 2. Details of acquisition: 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; 4.46% 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 17, 2010 to September 17, 2010 5) Method of acquisition Purchase in the market through a trust bank (Reference) Treasury stock as of March 31, 2010 Total number of shares outstanding (excluding treasury stock): 35,852,682 shares Total number of treasury stock: 1,601,522 shares http://www.autobacs.co.jp/en/news/news_en.php?id=1350(Translation of major points of Japanese release) May 12, 2010 (Hokkaido, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, AUTOBACS ASAHIKAWA Ltd. have completed the remodel of the former AUTO HELLOES ASAHIKAWA TOYO-OKA Store in to AUTOBACS ASAHIKAWA TOYOOKA Store. The re-opening date is on Friday, May 14, 2010. Overview of the new store: 1. Store name: AUTOBACS ASAHIKAWA TOYOOKA Store 2. Opening date: Friday, May 14, 2010 3. Store address: 1-4, Toyo-oka 7-jo 7-chome, Asahikawa city, Hokkaido 4. Site Area: 3,572 square meters 5. Sales floor space: 693 square meters 6. Parking spaces: 60cars 7. Service bays: 4bays 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 Sunday 10:00am to 8:00pm 10. Store holiday: Open all year 11. Sales target: 330 million yen/year 12. Operated by: AUTOBACS ASAHIKAWA Ltd. Total number of stores of the AUTOBACS Group (as of May 14, 2010): AUTOBACS: 398 Super AUTOBACS: 76 AUTO HELLOES: 7 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 24 AUTOBACS EXPRESS: 6 http://www.autobacs.co.jp/en/news/news_en.php?id=1349(Translation of major points of Japanese release) May 12, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, A.M.C Co., Ltd. have completed the remodel of the former AUTOHELLOES OTARU Store in to AUTOBACS ･OTARU Store. The re-opening date is on Monday, May 17, 2010. Overview of the new store: 1. Store name: AUTOBACS OTARU Store 2. Opening date: Monday, May 17, 2010 3. Store address: 2-10, Arihorocho, Otaru city, Hokkaido 4. Site Area: 3,228 square meters 5. Sales floor space: 650 square meters 6. Parking spaces: 69cars 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 9. Opening hours: Monday to Saturday: 10:00am to 7:30pm / Sunday and holiday: 10:00am to 7:00pm 10. Store holiday: No regular holidays 11. Sales target: 445 million yen/year 12. Operated by: A.M.C Co., Ltd. Total number of stores of the AUTOBACS Group (as of May 17, 2010): AUTOBACS: 399 Super AUTOBACS: 76 AUTO HELLOES: 6 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 24 AUTOBACS EXPRESS: 6 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=1343(Translation of major points of Japanese release) April 21, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (Representative Director and CEO: Setsuo Wakuda), and its franchisee, BUFFALO Ltd. announced the opening of the AUTOBACS NERIMA store on April 22, 2010. The number of stores reaches 27 in Tokyo prefecture after this opening. Overview of the new store: 1. Store name: AUTOBACS NERIMA Store 2. Opening date: Thursday, April 22, 2010 3. Store address: 35-1, Takamatsu 6-chome, Nerima, Tokyo 4. Site Area: 2,921? 5. Sales floor space: 498? 6. Parking spaces: 71cars 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: Monday to Friday: 10:30am to 8:00pm / Saturday, Sunday and holiday: 10:00am to 8:00pm 10. Store holiday: Open all year 11. Sales target: 700 million yen/year 12. Operated by: BUFFALO Ltd. Total number of stores of the AUTOBACS Group (as of April 22, 2010): AUTOBACS: 397 Super AUTOBACS: 76 AUTO HELLOES: 8 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 25 AUTOBACS EXPRESS: 6 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=1337(Translation of major points of Japanese release) March 30, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda), and its franchisee, Buffalo Ltd. have completed the remodel of the former Super AUTOBACS OKEGAWA Store into AUTOBACS OKEGAWA Store. The re-opening date is on Thursday, April 1, 2010. Overview of the new store: 1. Store name: AUTOBACS OKEGAWA Store 2. Opening date: Thursday, April 1, 2010 3. Store address: 1709-1 Sakata, Okegawa city, Saitama 4. Site Area: 5,136 square meters 5. Sales floor space: 770 square meters 6. Parking spaces: 90 cars 7. Product line: Tires, aluminum wheels, engine oil,batteries, car electronic devices, chemical goods, car interior and exterior goods, car inspection and maintenance services 8. Opening hours: Monday to Saturday 10:30am to 8:00pm; Sunday 10:00am to 8:00pm 9. Store holiday: No regular holidays 10. Sales target: 770 million yen/year 11. Operated by: Buffalo Ltd. (operates seven AUTOBACS stores and three Super AUTOBACS stores) Total number of stores of the AUTOBACS Group (as of April 1, 2010): AUTOBACS: 396 Super AUTOBACS: 76 AUTOBACS Hashiriya Tengoku Secohan Ichiba: 25 AUTOBACS EXPRESS: 6 AUTO HELLOES: 8 http://www.autobacs.co.jp/en/news/news_en.php?id=1336March 25, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda) announced today that the Board of Directors has resolved the following personnel changes of executive officers effective April 1st, 2010. The Company has also announced other personnel changes, effective on the same day. 1. Changes in Personnel of Executive Officers (effective April 1, 2010) http://www.autobacs.co.jp/en/news/news_en.php?id=1335March 25, 2010 (Tokyo, Japan) — AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and CEO: Setsuo Wakuda) announced today that the Board of Directors has resolved the candidates for the Board of Directors and the Board of Auditors to be approved at the 63rd General Shareholders’ Meeting scheduled in late June 2010 as follows. 1. Candidates for Directors (current title) For re-appointment: Setsuo Wakuda (Representative Director and CEO) Yasuhiro Tsunemori (Director and Chief Operating Officer) Eiju Miyauchi* (Director) Hironori Morimoto (Director and Senior Executive Officer) Tatsuya Tamura* (Director) Norio Hattori* (Director) Teruyuki Matsumura (Director and Executive Officer) For new appointment: Kiomi Kobayashi (Executive Officer) * Candidates for external directors Profile of the candidate for the newly appointed Director Kiomi Kobayashi (Date of Birth: February 11, 1956) Mar 1978: Joined the Company Apr 1995: General Manager, Tire Department Apr 1998: General Manager, Tire and Motor Sports Goods Department Mar 2000: General Manager, Southern Japan Store Operations Division Dec 2001: General Manager, Overseas Operations Division Jun 2002: Operating Officer, Overseas Store Support Division May 2004: Officer, Overseas Business Strategy and Overseas Store Support Apr 2005: Officer, Northern Kanto Region Apr 2007: Officer, Product procurement and General Manager of Total Car-life Merchandise Management Department Jun 2008: Officer, Kansai Region (current position) 2. Directors to be retired Hidehiro Ide (Director and Senior Executive Officer) *Scheduled to retire from the position of Director due to expiration of term of office and to be appointed as a new corporate auditor at the 63rd Annual Shareholders' Meeting. Yasuo Nakata (Director) *Scheduled to retire from the position of Director due to expiration of term of office at the 63rd Annual Shareholders' Meeting. 3. Candidate for new Corporate Auditor Hidehiro Ide 4. Corporate Auditor to be retired Akira Nogami (Senior Corporate Auditor) *Scheduled to retire from the position of Corporate Auditor upon his resignation. http://www.autobacs.co.jp/en/news/news_en.php?id=1324March 12, 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, AUTOBACS MTK Ltd. to AUTOBACS Infinity Ltd., its another subsidiary, and to dissolve the former one. 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 Mitaka and Kodaira 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 AUTOBACS Infinity Ltd., which is one of the Company’s 100% subsidiaries, is taking over the operation on AUTOBACS MITAKA store and AUTOBACS KOGANEI store from AUTOBACS MTK Ltd., which is also the Company’s 100% subsidiary. 3. Description of the transferee Company (1) Company Name: AUTOBACS Infinity Ltd. (2) Head Office Location: Kodaira city, Tokyo (3) Representative: Kenichi Matsuda (4) Principal Business: Retail of car goods and services (5) Major location of business: AUTOBACS KODAIRA store (6) Capital: JPY 30million (7) Incorporation: 1999 4. Schedule for the transfer Date of the decision made: March 12, 2010 Date of transfer: April 17, 2010 5. 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 1. 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. 2. Overview of the dissolved Company (1) Company Name: AUTOBACS MTK Ltd. (2) Head Office Location: Mitaka city, Tokyo (3) Representative: Yoshito Fujita (4) Principal Business: Retail of car goods and services (5) Major locations of business: AUTOBACS MITAKA store, AUTOBACS KOGANEI store (6) Capital: JPY 50million (7) Incorporation: 1998 (8) Major shareholder: AUTOBACS SEVEN Co., Ltd. 100% 3. Schedule for the dissolution Planned Date of Dissolution: September 30, 2010 Planned Date of Liquidation Completed: February 28, 2011 4. 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/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.