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News Release

Notice on Start of Sales Operations at a Chinese Base

January 19, 2011

To Whom It May Concern

Nippon Light Metal Co., Ltd.

 

Notice on Start of Sales Operations at a Chinese Base
 

We are pleased to announce that Nikkei (Shanghai) International Trading Co., Ltd., a subsidiary of Nippon Light Metal Co., Ltd., (president: Takashi Ishiyama; headquartered in Shinagawa-ku, Tokyo in Shanghai, China, is to start sales operations in January 2011.


Having opened the Shanghai Representative Office in November 2007 to facilitate business expansion of the NLM Group in China, we at the Company have been actively working to accelerate overseas business expansion notably in China and Southeast Asia, setting it as one of the basic policies in our mid-term management plan launched in fiscal 2010.


Employing two Japanese and two Chinese staff members, the Shanghai Office has been mainly engaged in collecting information for business expansion in the Chinese market. To strengthen sales in fast-growing Asian economies, especially in China, we concluded that it was indispensable to set up a local corporation. After establishing Nikkei (Shanghai) International Trading Co., Ltd., in November 2010, we went through the procedures to obtain a business license. Nikkei (Shanghai) International Trading is going to start sales activities now that the necessary procedures with the Shanghai authorities have been mostly completed.


The personnel of the Shanghai Representative Office will be transferred to the new Chinese base, with additional members joining from Nikkei Sangyo Co., Ltd., which provides the trading function in the NLM Group. Nikkei (Shanghai) International Trading will conduct vigorous sales activities, including increased sales of products and services of the NLM Group companies to customers that already have presence in China, notably companies related to automotive parts and electric materials, and export of Chinese products to Japan.

Overview of Nikkei (Shanghai) International Trading Co., Ltd.
  Location: Room 1202, Sheng Gao International Building, No.137 Xian Xia Road, Shanghai
(TEL) 021-6236-9658, 9659
(FAX) 021-6236-9660
  Paid-in capital: 35 million yen (a 100% subsidiary of Nippon Light Metal Co., Ltd.)
  Chairman: Yasunori Okamoto
  President: Naoyuki Hoshi
  Number of employees: Six (including three Japanese employees)
  Products and services: Aluminum materials, fabricated products for aluminum, aluminum products and other items.

 

For inquiries regarding this news release, please contact the Public Relations and IR Office of Nippon Light Metal Co., Ltd. (Tel: +81-3-5461-9333)

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