2008 Business Report
Year Ended March 31, 2008

CMK CORPORATION
Securities Code No.: 6958

To Our Shareholders

During the consolidated fiscal year under review, the Japanese
economy followed a moderate but stable growth path in the first
half, led by an increase in capital expenditure on the back ofimproving corporate earnings. In the second half, however,concerns over the economy increased, reflecting turmoil in theinternational financial and capital markets triggered by the
subprime mortgage loan problem in the United States andsurging prices of raw materials arising from rising crude oil
prices. Meanwhile, China continued to enjoy high growth, andother Asian economies also achieved favorable growth, led byexports. European economies remained firm, backed by strong
exports and solid consumer spending. In the United States, bycontrast, private consumption weakened with the depressedhousing market, with the economy rapidly decelerating as aresult in the second half.
In the printed wiring board (PWB) industry, the market expanded ata healthy pace until the end of the year, thanks to positive
factors such as the increasing reliance on electronics in themarket for automotive devices, higher demand for flat-screen
televisions such as LCD televisions, and the increasing
sophistication of digital camera and mobile phone functionality.
However, the market rapidly entered a consolidation phase after the1

turn of the year, reflecting the effect of the slowing economies in the
United States and other countries.
In this environment, the CMK Group positioned the markets forautomotive devices and digital AV devices, such as flat-screen
televisions, as the key strategic markets in its medium-term
management plan. We also dedicated ourselves to bolstering
our technical capabilities, which are able to be compatible with next
generation electronics equipment by boosting our global
marketing and production system, which primarily targets
Japanese users. As a result, in this fiscal year our consolidated
sales figure totaled 138,502 million yen, an increase of 10,256
million yen over the previous fiscal year.
Turning to profits, a fall in product prices associated withintensifying competition, high raw material costs, and atemporary decline in orders attributable to changing demand forcertain products, as well as a loss on the inauguration of a newplant in Thailand all had an impact on performance. As a result,ordinary income fell 2,396 million yen from the previous fiscal
year, to 5,105 million yen. Net income declined 4,465 million
yen, to 221 million yen, attributable to extraordinary losses of
4,037 million yen primarily associated with the reorganization of thesingle-sided PWB business in Southeast Asia as well as thereversal of deferred tax assets in corporate taxes and otheradjustments.
Although the economic environment remains somewhat
uncertain, we are committed to achieving our management
objectives and improving corporate value. We thank all of you foryour continued support.
June 2008

Takahiro Nakayama
Representative Director and President

Interview with the President

summarize the business results for the fiscal
Q Pleaseyear 2007.
Nakayama: On a consolidated basis, net sales rose 8.0% fromthe previous fiscal year, to 138,502 million yen, while operating
income declined 20.4%, to 4,779 million yen. As for theoperating environment, we faced income pressures such as
tougher price competition as a result of the emergence ofcompetitors in Asia, including China, and high prices of raw
materials, such as copper and crude oils. We also had a very
tough year on the profit front, experiencing extraordinary losses
associated with the loss on the launch of a new plant inThailand and costs associated with a business reorganization inSoutheast Asia. We sincerely regret that we were unable tomeet the expectations of our shareholders. However, I am
encouraged by our success in increasing net sales in Japanand in other countries to a greater extent that we managed in
the previous year, reflecting the value that the market places on
our technical capabilities and high product quality for our
devices for digital home electric appliances such as digital
cameras, mobile phones and flat-screen televisions andautomotive devices. We will justify the confidence of ourshareholders by strengthening our ability to develop newtechnologies, reduce costs and improve quality.

use these systems to the fullest extent and in the mostappropriate manner, and we will expand our operations,leveraging our technical capabilities and our quality for the
automotive and digital devices markets as they expand
worldwide.

Q What is your vision for domestic business going forward?
Nakayama: We expect that it will be difficult to expand domestic
production in any significant way in the future. We anticipate
that production in Japan will become more specialized,
manufacturing high value-added products that are highly
complex, taking advantage of local strengths in cutting-edge
technologies and high quality. At present, we are placing toppriority on commercializing embedded substrates as productsthat meet demands for PWBs, driven by the pursuit ofsophisticated functionality in information telecommunications
equipment in an ubiquitous society. We have alreadycommercialized devices for GPS modules jointly with Casio
Computer Co., Ltd. and we are moving forward with joint
development projects with several other companies. We believethat these activities will emerge as a key business pillar inJapan going forward.

Q What is the global marketing and production system?

Q What is your outlook for the next term?

Nakayama: Over the last few years, Japanese electronic
manufacturers and automotive makers, our largest customers,
have been launching aggressive strategies with an eye on the
global market and have been steadily increasing theirinternational market shares. Partly because the place of
manufacturing must shift to overseas from Japan toaccommodate this underlying trend, we have been aggressively
advancing overseas so that we can attract and retain thesecustomers. Particularly on the production front, we haveoperated a new plant in Thailand in earnest as a global supply
base, adding to our facility in China, and we have developed
sales companies in the United States and Asia as marketingbases. As a result, the supply system in China and Thailand
other than Japan and the marketing system in the UnitedStates, Europe, China and Asia have been put in place. We will

Nakayama: Looking at the business environment, our customer
electronic manufacturers and automotive makers are taking an
increasingly cautious view, reflecting the stronger sense that weare in a global economic slowdown driven in part by the
subprime mortgage loan crisis. Given concerns over further
price hikes of crude oils and other raw materials, we assume
that this next year will be tougher. However, we expect thatdemand for PWBs will remain strong, as automobiles and digital
home electric appliances such as LCD televisions and Blu-ray
discs become even more reliant on electronics. Responding tothis demand, we will justify the confidence of our customers byrefining the technical capabilities and quality we have built overmany years. We expect to sustain our growth and increase ourcorporate value, by fully leveraging our global marketing andproduction system.

2

Financial Highlights (Consolidated)
U.S. Dollars (Thousands)

Yen (Millions)

FY 2006

FY 2007

FY 2008

FY 2008

April 1, 2005 - March 31, 2006

April 1, 2006 - March 31, 2007

April 1, 2007 - March 31, 2008

April 1, 2007 - March 31, 2008

¥119,192¥128,245¥138,502$1,382,255

Operating income

9,564

6,005

4,779

47,694

Ordinary income

10,656

7,502

5,105

50,948Net income

5,657

4,687

221

2,205

Net assets¥76,186¥85,612¥84,046$838,782

Total assets

136,272

139,482

150,060

1,497,604

Net income per share¥92.74¥76.38

¥3.62

$0.03

Net assets per share

1,235.50

1,309.54

1,314.00

13.11

Net sales

Notes: 1. U.S. Dollars amounts have been translated from Yen, for convenience only, at the rate of ¥100.20 = $1,
the Tokyo foreign exchange market rate as of March 31, 2008.
2. All Millions Yen and Thousands U.S. Dollars amounts are rounded to the nearest figure.

3

Sales Information (Consolidated)● Sales by application● Sales by type of PWB

Car electronics

37.5 %
Others29.9 %● Sales by region
AV equipment
Information devices

16.5 %

3.6 %Mobilecommunications

12.5 %

4

TOPICS

C M K

T O P I C S

TOPICSTOPICS 1
1
Bolstering high value-added products
The CMK Group is improving its market competitiveness, making a structural shift to high value-added products, and developing a production system. In thefiscal year ended March 31, 2008, we made major capital investments in two Group companies, namely CMK CORPORATION (THAILAND) CO., LTD. overseas
and CMK Multi Corporation in Japan. Details are as follows.

CMK CORPORATION (THAILAND) CO., LTD.
The construction of CMK CORPORATION (THAILAND) CO., LTD. (CMK
THAILAND) was completed in May 2007, thanks to strong cooperation from anumber of parties.
Advancing the carrying-in, installation and trial run of production facilities since then,
CMK THAILAND commenced volume operations in October 2007 and currently
produces double-sided and multilayer PWBs of 30,000m2 per month. It plans tobolster production volume in the second half of this year.
Its products center on devices for digital equipment such as flat-screen
televisions and DVD recorders and for in-vehicle equipment.
As global markets call for the supply of products with the same level ofcomplexity as those available in the Japanese market at lower prices thanprevail in Japan, we expect that the level of demand will rise again in the future.
In the current fiscal year, CMK THAILAND will also begin producing build-up
PWBs, demand for which is increasing. As production equipment for circuit
thinning, such as laser hole drilling machines, has already been introduced,
CMK THAILAND will boost its capabilities in both quantity and quality, together with
the introduction of other facilities.
With these efforts, CMK THAILAND will improve its technical standards so that it isable to supply high value-added products such as multilayer PWBs and build-up
PWBs of a high level of difficulty, responding to needs of the global market.

CMK THAILAND also acquired the environmental and quality management
systems ISO14001 and ISO9001 certificates in January 2008. Similar initiatives areunderway at customer facilities.
At CMK THAILAND, a recycling system for waste liquid was completed at the endof April, and operations are underway. This system collects copper from waste liquidemitted from etching and reuses it in the plating process to reduce the risk ofdamaging the environment, as it does not take discharged water off-site.
Moreover, the system not only increases cost competitiveness but also helps
improve quality.
CMK THAILAND will be increasingly active in this area going forward.

Laser hole drilling machines

TOPICSTOPICS 2
2

TOPICS 3

Strengthening the marketing system in Asia
CMK ASIA (PTE.) LTD. launched

CMK Package Tech Corporation merged

The CMK Group is developing a global marketing system, and as part of thisinitiative it inaugurated CMK ASIA (PTE.) LTD. in Singapore as aheadquarters for Asia, following the inauguration of CMK AMERICACORPORATION last year.
We will respond to increasing demand for PWBs in the Asian market with
Singapore, Bangkok in Thailand and Kuala Lumpur in Malaysia as ourcore bases.
With these facilities, we will be able to meet global demand for PWBs andprovide our products in five key regions, namely Japan, China, Asia,
Europe and the United States.
We expect CMK ASIA (PTE.) LTD. to be strong performers in the future.

5

Plating line

We are carrying forward the structural reorganization to make Gunma
Prefecture, our main production area in Japan, the center of cutting-edge
circuit boards.
On July 1, we merged with our subsidiary CMK Package Tech
Corporation that engaged in the package substrate and embedded
component businesses. Through the merger, CMK Corporation will
integrate the development, volume production and sale of cutting-edge
package substrates and embedded substrates, which are the nextgeneration PWB business.
The CMK Group will mobilize all available resources and polishes its mostadvanced technologies unique to Japan, so that this promising business will
emerge as a major pillar of our domestic businesses.

CMK Multi Corporation
CMK Multi Corporation (CMK Multi) was established in 1994, with animportant task of advancing into the multilayer PWB business, at a time when
the CMK Group engaged primarily in single-sided and double-sided
PWBs as its core business.
CMK Multi has been constructing an internal management system andresponding to a broad array of requests by instituting production reforms
through diverse efforts, such as the ongoing improvement and updating ofproduction facilities, the acquisition of ISO certificates, the introduction of the
ERP system, and active involvement in environmental activities.
As a result of these sustained reforms, CMK Multi boasts a production
scale of 26,000m2 per month, centering on build-up PWBs. The number of
employees is 540, and annual sales are 13 billion yen.
Build-up PWBs, which account for 70% of the production of CMK Multi, areable to accommodate requirements such as high rigidity, high reliability
and high density. They are used for important components, such asengines and brake control units and AV products such as car navigations forautomotive use. They are also used for mobile phones, base stations anddigital cameras in digital products.
As such, build-up PWBs have general-purpose properties that are able to becompatible with equipment that requires high reliability and those that
require very high density. Therefore, build-up PWBs will grow in all
markets in response to an increase in growth products created out ofdigital technologies.
In the fiscal year ended March 31, 2008, CMK Multi made capital
investments in high value-added products that are able to be compatible withthinner and higher precision mobile phones and digital cameras and small
automotive devices of high density, high thermal resistance and high heatrelease.
Specifically, CMK Multi has achieved advantageous features such asreliability and high quality using a horizontal copper plating line, quality
improvement of products that have L/S (line and space: width of a circuit itself
and width between circuits) of 30m/30m by digital exposure systems,
and compatibility with high multistage products by increasing the capacity oflaminating press.
As a result, CMK Multi has enabled a system that is able to bolster the
integrated production system, improve quality, shorten the lead time,
promote rationalization, increase added value and boost manufacturing
technological capabilities.
In March 2008, the Niigata Satellite Factory including CMK Multi wasrecognized as one of six companies with an excellent recycling businessfacility in Niigata Prefecture.
CMK Multi will continue to fulfill its social responsibility by supplying
products with high degrees of complexity and high reliability that meetcustomer needs, and by actively pursuing environmental activities in close
cooperation with local communities.

Digital exposure systems

Horizontal copper plating line

ENVIRONMENTAL PROTECTIONCMK CORPORATION (THAILAND) CO., LTD. acquired the environmental
and quality management systems ISO14001 and ISO9001 certificates
We established CMK CORPORATION (THAILAND) CO., LTD. (CMK THAILAND) in the Kingdom of Thailand in 2007 as a basefor bolstering the global production system and strengthening strategies in the Asian region.
With the factory operating in earnest, CMK THAILAND acquired management system certificates essential for a production facility
through the review of SGS (ISO certificate testing organization of Thailand) in January 2008.
This is a feat of acquiring an environmental management system (ISO14001) and a quality management system (ISO9001) atthe same time and implies the strong potential of CMK THAILAND.
We will continue to address compliance with environmental laws and regulations. Likewise, we will continue to take action, forinstance to preserve the global environment and to manage the chemicals of our products in Thailand and other countries aroundthe world on preferential and continuous bases.

6Consolidated Financial Statements● Consolidated Balance Sheet(Unit: Thousands of U.S. Dollars/Millions of yen)
U.S. Dollars(Thousands)

Yen (Millions)

FY 2008

FY 2007

FY 2008

FY 2008

As of
As of
As of
March 31, 2008 March 31, 2007 March 31, 2008

FY 2007

FY 2008

As of
As of
As of
March 31, 2008 March 31, 2007 March 31, 2008

(Liabilities)(Assets)¥39,669¥47,166 $395,898

Cash and deposits

16,273

9,929

162,405

Notes and accounts payable

19,112

18,825

190,738

Notes and accounts receivable

40,61738,492405,359

Short-term borrowings

7,079

10,20570,648

—

5,500

—

9,798

9,007

97,784Current assets

Marketable securities
Inventories¥71,332¥60,921 $711,896

124

224

1,237

12,396

10,327

123,712Current liabilities

Bonds repayable within one year
Trade payables

Deferred income taxes

645

651

6,437

Income taxes payable

543

714

5,419

Other current assets

1,309

1,318

13,063

Allowance for employee bonuses

787

810

7,854

(34)

(20)

(339)

Allowance for restructuring

291

—

2,904

Allowance for doubtful accounts

78,68478,560785,269

2,055

2,102

20,508

Tangible fixed assets

66,43860,083

663,053

Fixed liabilities

26,344

6,702

262,914

Buildings and structures

27,47323,326274,181

Bonds

5,500

—

54,890

Fixed assets

Other current liabilities

Machinery, equipment, and others

26,00919,752259,570

Long-term debt

19,748

5,417

197,085Land

11,52912,052

115,059

Allowance for employee retirement benefits

672

438

6,706

Construction in process

487

4,111

4,860

Allowance for executive retirement benefits

210

198

2,095

Other tangible fixed assets

938

839

9,361

Other

213

647

2,125

1,624

1,494

16,207

Total liabilities

66,01453,869658,82277,961

78,354

778,053

Intangible fixed assets
Goodwill

791

379

7,894

(Net assets)

Other intangible fixed assets

833

1,114

8,313

Shareholders' equity

Investments and other assets

10,621

16,982

105,998

Capital22,30622,306

222,614

Investments in securities

7,818

14,12378,023

Additional paid-in capital

22,06322,063

220,189

Deferred income taxes

95

145

948

Retained earnings

36,21136,602

361,387

2,747

2,754

27,415

Treasury stock(2,620)(2,618)(26,147)

(40)

(39)

(399)

2,521

1,857

25,15943—429

Unrealized gains on available-for-sale securities

770

2,421

7,684

43

—

429

Deferred hedge gains and losses

Other
Allowance for doubtful accounts
Deferred assets
Bond issue costs

Unrealized gains, translation gains, etc.

Foreign currency translation adjustment
Minority interests in subsidiaries

Total assets

7

U.S. Dollars(Thousands)

Yen (Millions)

150,060

139,482 1,497,604

(1)

0

(9)

1,751

(563)

17,475

3,563

5,401

35,558
838,782

Total net assets

84,046

85,612

Total liabilities and net assets

150,060

139,482 1,497,604

● Consolidated Statement of Operations● Primary Consolidated Subsidiaries (as of March 31, 2008)(Unit: Thousands of U.S. Dollars/Millions of yen)
Yen (Millions)

FY 2008

FY 2007

U.S. Dollars(Thousands)

Japan

FY 2008● CMK Mechanics Corporation● CMK Multi Corporation● CMK Niigata Corporation● CMK Finance Corporation● CMK Package Tech Corporation● CMK Products Corporation● Wakoh Electronics Corporation● Yamanashi Sanko Co., Ltd.
● CMK Kanbara Electronic Corporation Japan● JT CMK Corporation

As of
As of
As of
March 31, 2008 March 31, 2007 March 31, 2008

Net sales
Cost of sales
Gross profit
Selling, general, and administrative expenses
Operating income
Non-operating income
Non-operating expenses
Ordinary income
Extraordinary income
Extraordinary losses
Net income before taxes and other adjustments
Corporate, residence, and enterprise taxes
Corporate taxes and other adjustments
Gains or losses (-) on minority Interests in subsidiaries
Net income¥138,502
121,920
16,581
11,801
4,779
1,862
1,536
5,105
1,159
4,037
2,228
1,452
969
(415)
221

¥128,245 $1,382,255
112,033 1,216,766
16,212
165,479
10,207
117,774
6,005
47,694
2,509
18,582
1,012
15,3297,502
50,948244
11,566905
40,2896,840
22,235
1,976
14,491
189
9,670
(12)
(4,141)
4,687
2,205

● Consolidated Statement of Cash Flows(Unit: Thousands of U.S. Dollars/Millions of yen)
Yen (Millions)

FY 2008

FY 2007

U.S. Dollars(Thousands)

FY 2008

As of
As of
As of
March 31, 2008 March 31, 2007 March 31, 2008

Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Effect of exchange-rate changes on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year

¥6,675(10,750)
10,696
165
6,787
9,468
16,255¥9,634(11,142)(3,418)141(4,785)
14,253
9,468

Overseas● CMKC (Hong Kong) Ltd.
● CMKC (Dong Guan) Ltd.
● CMK Electronics (Wuxi) Co., Ltd.
● CMK EUROPE N.V.
● CMK SINGAPORE (PTE.) LTD.
● CMK CORPORATION (THAILAND) CO., LTD.

$66,616(107,285)
106,746
1,646
67,734
94,491
162,2258

Non-consolidated Financial Statements● Consolidated Statement of Shareholders' Equity (FY 2008: April 1, 2007 - March 31, 2008) (Unit: Thousands of U.S. Dollars/Millions of yen)
Shareholders’ equity
Additional paid-in
capitalCommon stock
Balance as of March 31, 2007

$222,614¥22,306$220,189

Retained earnings¥22,063$365,289¥36,602

Cash dividends(6,107)

Net income

2,205

Total shareholders’equityTreasury stock$(26,127)¥(2,618)$781,976¥78,354(612)(6,107)

(612)

221

2,205

221

Change during this consolidated fiscal year

Purchase of treasury stock
Sale of treasury stock

(0)

(0)

(19)

(2)

(19)

(2)

1

0

1

0

(Net) change during this consolidated
fiscal year in accounts other thanshareholders’ equity
Total change during this consolidated
fiscal year
Balance as of March 31, 2008

—

—

(0)

(0)

(3,892)

(390)

(19)

(2)

(3,922)(393)

222,614

22,306

220,189

22,063361,387

36,211(26,147)(2,620)778,053

77,961

Unrealized gains (losses)
Unrealized gains(losses) on availablefor-sale securities
Balance as of March 31, 2007

$24,161¥2,421

Deferred hedge
gains and losses$1¥0Foreigncurrency translation
adjustment$(5,618)

Total unrealized
gains (losses)¥(563) $18,532¥1,857

Minorityshareholders’interests$53,902¥5,401

Total net assets$854,411 ¥85,612

Change during this consolidated fiscal year
Cash dividends(6,107)(612)

Net income

2,205

221

(19)

(2)

1

0

Purchase of treasury stock
Sale of treasury stock(Net) change during this consolidated
fiscal year in accounts other thanshareholders’ equity(16,467)(1,650)(9)(1)

23,103

2,315

6,616

663

(18,333)(1,837)(11,706)(1,173)

Total change during this consolidated
fiscal year

(16,467)(1,650)(9)(1)

23,103

2,315

6,616

663

(18,333)(1,837)(15,628)(1,566)

7,684

770

(9)

(1)

17,475

1,751

25,1592,521

35,558

3,563

838,782

84,046

Balance as of March 31, 2008

9

Stock Information (As of March 31, 2008)

Corporate Data (As of March 31, 2008)● Total number of shares authorized● Total number of shares issued and outstanding● Number of shareholders● Share trading unit
● Major shareholders (10 largest)

227,922,000● Name of listed company

63,060,164
6,184
100

● Date of establishment● Capital● Address of head office

Number of shares held
(thousands)

Percentage(%)

February 25, 1961
¥22,306,203,140
5-1 Nishishinjuku 6-chome,
Shinjuku-ku, Tokyo, Japan

Investment in CMK

Shareholders

CMK CORPORATION(Securities code no.: 6958)● Number of employees

1,076Japan Trustee Services Bank, Ltd. (Trustee account)

8,367

13.2

The Master Trust Bank of Japan, Ltd. (Trustee account)

4,488

7.1

● Management (as of June 27, 2008)

The Dai-ichi Mutual Life Insurance Company

2,845

4.5

Directors

Noboru Nakayama

2,653

4.2

Mizuho Corporate Bank, Ltd.

2,576

4.0

The Foundation for Technology Promotion of Electronic Circuit Board

2,500

3.9

Matsushita Electric Works, Ltd.

1,860

2.9

Trust & Custody Services Bank, Ltd. as trustee for Hitachi ChemicalCo., Ltd.; retirement benefit trust accountre-entrusted by Mizuho Trust and Banking Co., Ltd.

1,822

2.8

Trust & Custody Services Bank, Ltd. as trustee for the Tokyo Tomin
Bank, Ltd.; retirement benefit trust accountre-entrusted by Mizuho Trust and Banking Co., Ltd.

1,745

2.7

Sony Life Insurance Co.,Ltd.

1,621

2.5

Auditors

President andChief Executive Officer

Takahiro Nakayama

Director and Executive
Senior Managing Officer

Mikihiko Hattori

Director and Executive Managing Officer

Tsutomu Yamaguchi

Director and Executive Managing Officer

Takeo Takai

Director and Executive Officer

Kazuhiro Ito

Director and Executive Officer

Akiharu Nakayama

Standing Auditor

Nobuo Akiyama

AuditorNoriyuki Takei

Auditor

Hiroo Wakabayashi

Executive Officer

Jyunichi Itsuji

Executive Officer

Kenichi Urushiyama

Executive Officer

Nobuyuki Kageyama

Executive Officer

Toshimi Kuroki

Executive Officer

Masashi Koike

Executive Officer

Kazuma Shiobara● Shareholder Breakdown

Executive Officer

Takahiro Shirai

Executive Officer

Munefumi Takano

Other firms

Executive Officer

Hiromitsu Nakayama

Note: Although the Company holds 1,810 thousand shares oftreasury stock, it is not included in the above list of major
shareholders.

Executive Officers

Individuals and others

12,000 thousand shares (19.0%)

Executive Officer

11,069 thousand shares (17.6%)

Foreign companies and individuals

Total

4,405 thousand shares (7.0%)

63,060,164 shares

Senior Counselor

Securities firms

Financial institutions

516 thousand shares (0.8%)

35,067 thousand shares (55.6%)

Hiroshi Hanaoka
Noboru Nakayama

10● Information for Shareholders
Fiscal year:

April 1 through March 31 of the following year

Regular general meeting
Held in June each yearof shareholders:Date of record for
end-of-year dividends:

March 31

Date of record for
mid-year dividends:

September 30

Number of shares per
trading unit:

100 shares

Transfer fee:

Free of charge

Notification method:

Electronic notification(company website at http://www.cmk-corp.com).
If notification cannot be made electronically,
it will be made using the Nihon Keizai Shimbun.

● Address for inquiries about stock procedures
Stock transfer agent:Contact address:

Japan Securities Agents, Ltd.
2-4 Kayabacho 1-chome, Nihonbashi,
Chuo-ku, Tokyo, Japan
Japan Securities Agents, Ltd.,
Agent Division,
8-18 Shiohama 2-chome, Koto-ku, Tokyo 137-8650(Phone number for requestingchange of address forms etc.:)

0120-707-842(Phone number for other inquiries):

0120-707-843

43rd Floor, Shinjuku I-Land Tower Bldg., 6-5-1
Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-1388, Japan
Tel.: +81-3-5323-0231 (main)

http://www.cmk-corp.com