|(1) Company name||Suzhou Epson Co., Ltd.|
|(2) Location||No.168, Jin Feng Road, Suzhou New District,
Suzhou, People's Republic of China
|(3) President||Shigetoshi Yamada|
|(4) Establishment||February 1996|
|(5) Business Activities||Production of small- and medium-sized TFT LCD displays|
|(6) Fiscal Year End||December 31|
|(7) Number of employees||5,899 (as of December 31, 2010)|
|(8) Capital||1,043 million Yuan (CNY) (Approx.12.8 billion yen/ rate as of the end of December 2010)|
|(9) Ownership||Seiko Epson Corporation 100%
(including indirect ownership)
|Purchase Price||775 million Yuan (CNY)|
|Date of Transfer||Planned for the first half of fiscal year ending March 31, 2012 (subject to the receipt of any necessary government approval)|
|No material impact is anticipated on Epson or Sony's consolidated financial forecasts for the fiscal year ending March 31, 2011.|
Epson is a global imaging and innovation leader that is dedicated to exceeding the vision of customers worldwide through its compact, energy-saving, high-precision technologies, with a product line-up ranging from printers and 3LCD projectors for business and the home, to electronic and crystal devices.
Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises over 80,000 employees in 102 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.
Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and on-line businesses, Sony is uniquely positioned to be the leading electronics and entertainment company in the world. Sony recorded consolidated annual sales of approximately $78 billion for the fiscal year ended March 31, 2010.
Sony Global Web Site: http://www.sony.net/