extraordinary loss
09 Maggio 2008 - 10:12AM
UK Regulatory
RNS Number:0600U
Maruwa Co Ld
09 May 2008
9 May 2008
MARUWA CO., LTD.
3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref. 488-0044 JAPAN
(Translation)
Notice regarding an extraordinary loss
MARUWA CO., LTD. today announced that an extraordinary loss was recorded in the full year 2008
ended in March. Details are as follows;
1. Recording an extraordinary loss
Maruwa Electronics (Philippines), Inc. (hereinafter "Maruwa Philippines"), our manufacturing
subsidiary to produce electronic components and to sell them to us, halted its operations as
products manufactured at Maruwa Philippines were transferred to our manufacturing subsidiaries in
Malaysia and India. We determined to dissolve Maruwa Philippines; as a result, we posted a loss
on dissolution of the subsidiary, 96 million yen (consolidated), 195 million yen
(non-consolidated).
2. Influences to operating results
The loss stated above is included in the final results for the full fiscal year 2008 ended in
March, which was announced today.
END
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END
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