Maruwa Regulatory News (MAW)

8 Jun 2007 10:05

Maruwa Co Ld08 June 2007 8 June 2007 MARUWA CO., LTD. 3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref., 488-0044 JAPAN (Translation) Parent Company Information 1. Corporate name and other matters of parent company of MARUWA CO., LTD.("MARUWA")Parent company Attribute Ratio of shareholder voting Stock exchange on which the right held by the parent shares the parent company company issues are listedK Maruwa Co., Ltd. In case the listed company 30.51% None("K Maruwa") is a related company of other companies, one of such other companies 2. Position of the listed company in the corporate group, and relationshipsbetween the parent company and other companies in the group in trading,personnel and capital i) Additional posts of the directorsPosition Name Position at the parent company ReasonRepresentative director Sei Kanbe Representative director of Requested by the parent K Maruwa companyAuditor Koji Chujo Auditor Requested by the parent company Only 2 persons listed above out of the 5 directors and 3 auditors of MARUWA haveadditional posts at the parent company. ii) Restrictions, risks and merits concerning the parent company due to thebelonging to the group which includes the parent company, and influences tomanagement and operation concerning relationships with the parent company andthe other companies of the group in trading, personnel and capital. There is no connection between the business operations of MARUWA group and thebusiness of K Maruwa Co., Ltd, which mainly engages in the supportive activitiesfor a foundation for promoting arts and culture, and loan business on realproperty while there were the transaction of fixed assets and a rent paymentbetween MARUWA and K Maruwa for the fiscal 2007 (1 April 2006 - 31 March 2007). iii) Policy to ensure stable independency and measures for it if there is anyrestrictions, risks and merits concerning the parent company due to thebelonging to the group which includes the parent company, and influences tomanagement and operation concerning relationships with the parent company andthe other companies of the group in trading, personnel and capital. The situation that the directors of MARUWA have additional positions at KMaruwa does not prevent our management from being independent. The trading withK Maruwa gives no influence to our operations. iv) Conditions to ensure stable independence from the parent company The independence of MARUWA is secured without any operational restrictions by KMaruwa. 3. Trading with the parent company There was no significant transaction between MARUWA and K Maruwa. END This information is provided by RNS The company news service from the London Stock Exchange