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Announcement on Capital Contribution Transfer of MAT VIET NAM COMPANY LIMITEDニュースリリース

2021年10月8日

Canon IT Solutions Inc.


Canon IT Solutions Inc. (Minato-ku, Tokyo, President Akira Kanazawa, hereafter “Canon ITS”), a group company of Canon Marketing Japan Inc., hereby announces that it has reached an agreement on September 10, 2021 to transfer all capital contribution of MAT VIET NAM COMPANY LIMITED (“MATV”), which Canon ITS and its subsidiary company Material Automation (Thailand) Co., Ltd. possess, to KANTO BUSSAN CO., LTD. (“KANTO BUSSAN”).

Purpose of capital contribution transfer

As a result of careful discussion on business strategy of MATV and entire Canon ITS group, Canon ITS decided to transfer MATV to KANTO BUSSAN. In line with KANTO BUSSAN’s policy to strengthen business in Vietnam by providing machine tools and related software, transferring capital contribution of MATV shall realize further growth of MATV business and its employees.

Overview of MATV

Name MAT VIET NAM COMPANY LIMITED
Representative Masato Kawasaki (General Director)
Business Providing products and services of IT hardware and software in Vietnam.
Capital VND 3,700,049,028 (USD 200,000)(As of end of July 2021)
Establishment August 23, 2006 (Joined Canon ITS group in January 2014)

Schedule

Date of Agreement September 10, 2021
Planned date of transfer End of November, 2021

Overview of KANTO BUSSAN

Name KANTO BUSSAN CO., LTD.
Location Nihonbashi Life Science Building10 4F, 1-5-9, Nihonbashi-honcho, Chuo-ku, Tokyo
Representative Hiroshi Yamamoto (President)
Business Group company of Makino Milling Machine Co., Ltd.
A trading company specializing mainly in equipment(machine tools etc.)sales and
offering total support for manufacturing.
Capital JPY 40,000,000 (As of end of March 2021)
Establishment December 17, 1957

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