2007
Business Report
Year Ended March 31, 2007

CMK CORPORATION
Securities Code No.: 6958

To Our Shareholders
During the consolidated fiscal year under review, although personal consumption appeared to have stalled, improving corporate profits drove gains in
per capita expenditure and enabled the Japanese economy to enjoy moderate
growth. Despite concerns such as rising prices for crude oil and other raw
materials and fears of an economic slowdown in the United States following a
cooling in that country’s housing market, the global economy generally
remained strong, supported by economic growth in China and other Asian
countries.
The business environment in the printed wiring board (PWB) industry
remained difficult, with rising costs of raw materials as well as falling productprices prompted by an ongoing intensification of global competition.
Nonetheless, demand remained strong, supported by growing markets forautomotive products and digital devices and further growth in demand in the
Chinese market.
Given these circumstances, the CMK Group strengthened its global marketing system and aggressively pursued orders for products targeting thegrowing markets for automotive devices and digital AV devices such as flatscreen televisions. As a result, in this fiscal year our consolidated sales figure totaled 128,245 million yen, an increase of
9,053 million yen over the previous fiscal year.
Turning to profits, our management strategies were fully geared to profits in an environment marked by falling product prices and rising raw material costs. Despite introducing comprehensive measures (such as reducing fixed and othercosts and reflecting rising costs in product pricing), we were unable to fully absorb the increases in costs associated withthe climbing prices of raw materials. As a result, ordinary income fell 3,153 million yen from the previous fiscal year, to7,502 million yen, and net income declined 969 million yen, to 4,687 million yen.
Although the economic environment remains somewhat uncertain, we are committed to achieving our management
objectives and improving corporate value. We thank all of you for your continued support.
June 2007

Takahiro Nakayama
Representative Director and President

1Interview with the President
Q Please describe the results for the fiscal term under

Q Please elaborate on your current focus in productreview and the prospects for the next term.

development.

Nakayama: During the fiscal year under review, the CMK Group
stepped up its sales and production on a global scale, responding torobust orders centered on automotive and digital AV devices. In
addition, we aggressively pursued orders for high value-added
products, improved the efficiency of our businesses, and reduced
costs. With these initiatives, sales increased on a year-on-yearbasis, although profit results were disappointing, as we faced global price competition and the rising costs of raw materials such ascopper.
In the next fiscal term, we expect to continue to enjoy robust
growth in automotive and digital AV devices, but we also forecast
falling product prices and rising raw material prices. Overall, we
expect the operating environment to remain severe.
Going forward, the CMK Group intends to strengthen profitability by establishing strong global marketing activities so that
we can obtain a share of the booming global demand. We are alsobuilding a production system equipped to supply this demand,
while strengthening our abilities to develop new products andtechnologies to meet demand for next-generation products.

Nakayama: Aiming to achieve high-density implementation andhigh functionality targeting markets such as information-technology devices, telecommunications devices, and digital devices, weare developing thinner, higher precision products. Specifically, we
have begun commercial production of build-up multilayer PWBs
compatible with 0.4-mm-pitch CSP and we are currently developing build-up multilayer PWBs compatible with 0.3-mm-pitch CSP.
In terms of thin technologies, we have also begun mass production of UTPS ultra-thin substrates and thin second-generation RF
boards. As part of our drive to achieve higher functionality, we
have found practical application for embedded wafer level package (EWLP) products with LSI active elements built into their circuit boards. We are now developing these products with barechips, resistors, and capacitors built into their circuit boards, foruse as the internal circuit boards of other components.
We are also developing products such as high-power circuitboards and circuit boards with high heat dissipation and heat resistance, for use in products such as auto parts (which are expected torely increasingly on electronics in the future) and next-generation
LED lighting. We are steadily finding application for the technologies associated with these products.

Q Please tell us about the new medium-term management plan.

Q What sort of strategies are you developing to encourage compliance?

Nakayama: Seeking to be a global leader in the PWB market, the
CMK Group states in its management policy that it intends to continue to contribute to society in its business activities. As a strategy
to achieve this goal, we will aggressively pursue orders for automotive devices and digital AV devices, such as flat-screen televisions, demand for which is growing globally, and build a structure
enabling the stable supply of related products.
We also aim to respond quickly and flexibility to customer
needs bring driven by miniaturization and other advances in electronic devices. We will do this through an emphasis on R&D, suchas developing new technologies for printed circuit boards withembedded components. We believe this approach will add value to
our Company and build on the trust we enjoy from our customers.
Based on these strategies, this medium-term management plancalls for us to achieve 190 billion yen in sales and 17 billion yen in
operating income by the 2010 fiscal year. The Group will work as
one to achieve these goals.

Nakayama: The first point in our Management Policy states, “We
aim to be a corporation recognized by society for fulfilling its
responsibility as a corporate citizen,” and the CMK Group’s
Declaration on Corporate Conduct states, “Compliance must not
be interpreted to mean simply following laws and regulations, butmust be carried out actively in accordance with the corporate
vision.”At CMK, compliance means that each employee complies witha broad range of behavioral standards, both inside and outside theCompany. Through a commitment to compliance based on the
demands of society, we will increase the value of our company bycontinuing to build on the trust we have earned from society, as we
maintain a corporate presence befitting an industry leader.

2

Financial Highlights (Consolidated)
Yen(Millions)

Net sales

U.S. Dollars(Thousands)

FY 2005

FY 2006

FY 2007

FY 2007(April 1, 2004 –March 31, 2005)(April 1, 2005 –March 31, 2006)(April 1, 2006 –March 31, 2007)(April 1, 2006 –March 31, 2007)¥ 116,031¥ 119,192¥ 128,245$1,085,993

Operating income

10,442

9,564

6,005

50,851

Ordinary income

11,481

10,656

7,502

63,527

Net income

5,319

5,657

4,687

39,690Total assets¥ 130,514¥ 136,272¥ 139,482$1,181,149

59,701

76,186

85,612724,972

Shareholders’ equity
Net income per share¥

Shareholders’ equity per share

99.63

¥

92.74

¥

76.38

$

0.64

1,077.70

1,235.50

1,309.54

11.08

ROE

9.6%

8.3%

6.0%

6.0%

ROA

8.0%

7.3%

4.5%

4.5%

Notes: 1. U.S. Dollars amounts have been translated from Yen, for convenience only, at the rate of ¥ 118.09 = $ 1, the Tokyo foreign exchange market rate as of March 31, 2007.
2. All Millions Yen and Thousands U.S. Dollars amounts are rounded to the nearest figure.

Net income per share
ROE

Operating income
Ordinary income
Net income

Net sales(Million yen)
150,000(Million yen)
12,00010,000120,000

(Yen)
100

(%)
10

80

8

60

6

40

4

20

2

8,000
90,0006,000
60,0004,000
30,000

2,000

0

0

FY 2005

FY 2006

FY 20070

FY 2005

FY 2006

3

FY 20070

FY 2005

FY 2006

FY 2007

Sales Information (Consolidated)● Sales by application● Sales by type of PWB
Yen (million)
Multilayered PWBs
63,305 (49.3%)
Double-sided PWBs
30,348 (23.7%)

FY 2007

Car electronics

35.5%

Single-sided PWBs
13,953 (10.9%)
Other
20,638 (16.1%)

Others30.5%
Yen (million)
Multilayered PWBs
58,052 (48.7%)
Double-sided PWBs
28,631 (24.0%)

FY 2006

Single-sided PWBs
13,409 (11.3%)
Others
19,098 (16.0%)● Sales by region

AV equipment

15.4%

Information devices

4.3%

Yen (million)

Mobilecommunications

Japan
87,564 (68.2%)

14.3%

China
25,714 (20.1%)

FY 2007

Southeast Asia
11,205 (8.7%)
Europe3,760 (3.0%)

Yen (million)
Japan
87,262 (73.2%)
China
20,344 (17.1%)

FY 2006

Southeast Asia
8,853 (7.4%)
Europe2,732 (2.3%)

4

Take a Virtual TourCMK CORPORATION (THAILAND) CO., LTD. construction completed
CMK Corporation (Thailand) Co., Ltd., a wholly owned subsidiary of CMK incorporated in Thailand, was established in April of last year.
CMK established this subsidiary to operate within the CMK Group as both a global supply facility and as a strategic marketing base in the
ASEAN region, in anticipation of global growth in demand for PWBs for use in automotive and digital devices. Plant construction and equipment deployment followed the establishment of the company, with construction completed in May of this year. An introduction to the facilities of CMK Thailand, the newest plant in the CMK Group, follows.

Company overview
CMK Thailand’s facility was constructed at the 304 Industrial Park in Prachin Buri,
Kingdom of Thailand, approximately 140 km east of the capital city, Bangkok. The two-story
plant has a total floor area of 60,000 square meters on a site of 89,000 square meters, and withsilver as its base color, looks like a giant bird spreading its wings to take flight. The production area is windowless to keep out dust and pests, and steps have been taken to improve airconditioner efficiency in the hot, humid environment of Thailand.

CMK CORPORATION (THAILAND) CO., LTD.

CMK Thailand’s products
Among ASEAN member nations, Thailand is notable for its advanced automobile industry
and numerous automotive manufacturers have established local facilities. With its productionof double-sided through-hole PWBs and multilayer PWBs for use in automotive devices,
CMK Thailand is poised to supply products to the automotive device market in Thailand andto automotive and digital device markets worldwide.
Global demand for these products is set to rise rapidly, given factors such as growing useof electronics in motor vehicles and rising vehicle production, as well as growth in the market
for digital devices such as flat-screen televisions. CMK Thailand is set to contribute to CMKGroup profits as a key played in the Group’s global production system.

CMK TOPICS CMK Products Corporation created as three subsidiaries merge in July
● JSIC Corporation, SE Products Corporation, and CMK Circuit Technology Center
Corporation—three CMK subsidiaries specializing in trial production and design—merged inJuly 2007 to form CMK Products Corporation.
This merger is designed to facilitate advances in this sector by consolidating management
resources, specifically by strengthening marketing, production, engineering, and quality assurance in low-volume diversified production activities (such as design, trial production, implementation, and assembly of PWBs) and by increasing customer satisfaction overall.
● Headquarters:

1-11 Tana-Shioda 1-chome, Sagamihara, Kanagawa Prefecture, Japan● Primary products:

Design of double-sided throughhole PWBs, multilayer PWBs (PTH, IVH, buildup) and printed circuit boards with embedded passive components, and productionof PWBs

5

CMK Products Corporation headquarters building

Plant strengths

NC grinding machines

Before constructing its plant, CMK Thailand hired 21 potential core Thai personnel andsent them to Japan for approximately four months of training. These personnel were highly
motivated to learn Japanese and generally eager to take on new challenges. Even since theirreturn to Thailand, they have been continuing to augment their knowledge and to acquire newskills. With these personnel at its core, CMK Thailand will develop a plant offering superior
quality (Q), delivery times (D), and cost (C), with a workforce of approximately 1,000 people.
In terms of quality, not only production processes but also all operations at the plant will be
operated in accordance with ISO 9001. Fully equipped functional testing equipment will be
used to conduct swift analysis and evaluation, to test primary and subsidiary raw materials, toascertain process capabilities, and to assure reliable traceability.
Moreover, by completing all processes within a single plant, delivery times can be managed to facilitate reliable responses to customer demands.
In addition, in the PWB production process circuits are created by etching copper-platedbase boards. CMK Thailand has adopted a recycling system that refines the waste fluid fromthis etching process for use as a primary raw material in copper plating. This process helps
create a cost structure that is less susceptible to copper prices. In addition to its cost benefits,
this revolutionary system also enables improvements in quality. It is also better for the environment, as waste fluid is reused instead of being removed from the plant site.

Future developments
Integrated circular line

In the ways described above, CMK Thailand reflects all of the accumulated knowledge andtechnologies of the CMK Group. In addition, its superior locally hired personnel operate at alevel consistently capable of responding to the diverse needs of customers. This plant will play
an important role in the CMK Group’s global strategies.

ENVIRONMENTAL PROTECTION

Activities to achieve zero emissions at the Niigata Satellite Factory● The Niigata Satellite Factory is recycling waste based on activities tied to environmental ISO
standards. It has developed a roadmap to achieve zero emissions and introduced initiatives
throughout the plant to ensure that the members of each section all share a new awareness of recycling. The first step to zero emissions was completed in November 2005. By reducing the amountof waste it produces, the plant has also achieved substantial reductions in the costs of subcontracted
waste processing. Currently it is aggressively reducing waste and reusing resources as it strives tocomplete step two of its plan.
CMK’s definition of zero emissions:● Step one: Reducing to zero the amount of generated waste that is directly deposited in landfills (not including residual waste disposed of in landfills after intermediate processing by subcontractors)● Step two: Achieving zero emissions, including residual waste deposited in landfills after
intermediate processing by subcontractors

6

Environmental poster

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

FY 2007

FY2006(As of(As ofMarch 31, 2007) March 31, 2006)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Marketable securities
Inventories
Deferred income taxes
Other current assets
Allowance for doubtful accounts
Fixed assets
Tangible fixed assets
Buildings and structures
Machinery, equipment, and others
Land
Construction in process
Other tangible fixed assets
Intangible fixed assets
Consolidation adjustment accountGoodwill
Other intangible fixed assets
Investments and other assets
Investments in securities
Deferred income taxes
Other
Allowance for doubtful accounts

Total assets¥ 60,921
9,929
38,492
224
10,327
651
1,318
(20)
78,56060,08323,326
19,752
12,052
4,111
839
1,494
—
379
1,114
16,982
14,123
145
2,754
(39)

139,482¥ 63,363
14,70436,023
357
9,506
692
2,114
(34)
72,90853,84024,311
15,836
12,024
844
822
1,605
260
—
1,344
17,463
14,495
194
2,844
(70)

136,272

U.S. Dollars(Thousands)

U.S. Dollars(Thousands)

Yen (Millions)

FY 2007

FY 2007

FY2006(As of(As ofMarch 31, 2007) March 31, 2006)(As ofMarch 31, 2007)

Liabilities
Current liabilities
Notes and accounts payable
Short-term borrowings
Bonds repayable within one year
Trade payables
Income taxes payable
Allowance for employee bonuses
Allowance for executive bonuses
Other current liabilities
Fixed liabilities
Bonds
Long-term debt
Allowance for employee retirement benefits
Allowance for executive retirement benefits
Other
Total liabilities
Minority interests in subsidiaries
Minority interests in subsidiaries
Shareholders’ equity
Common stock
Additional paid-in capital
Retained earnings
Unrealized gains on available-for-sale securities
Foreign currency translation adjustment
Treasury stock
Total shareholders’ equity
Total liabilities, shareholders’ equity,and minority interests
Net assets
Shareholders’ equity
CapitalAdditional paid-in capital
Retained earnings
Treasury stock
Unrealized gains, translation gains, etc.
Unrealized gains on available-for-salesecurities
Deferred hedge gains and losses
Foreign currency translation adjustment
Minority interests in subsidiaries
Total net assets
Total liabilities and net assets$ 515,886
84,079325,954
1,896
87,4505,512
11,160(169)
665,255
508,789
197,527
167,262
102,057
34,812
7,104
12,651
—
3,209
9,433
143,805
119,595
1,227
23,321(330)

1,181,149

The accompanying notes are an integral part of these statements.

7

FY 2007(As ofMarch 31, 2007)¥ 47,166
18,825
10,205
5,500
9,007
714
810
60
2,042
6,702
—
5,417
438
198
647
53,869¥ 41,346
14,492
14,217
—
7,964
1,765
868
—
2,038
13,232
5,500
5,790
287
576
1,078
54,579$ 399,407
159,412
86,417
46,57476,272
6,046
6,859
508
17,29156,753—45,871
3,709
1,676
5,478
456,169

—

5,506

—

—
—
—
—
—
—
—

22,30622,06332,7273,009(1,763)(2,156)76,186

—
—
—
—
—
—
—

—

136,272—

78,35422,30622,06336,602(2,618)
1,857

—
—
—
—
—
—

663,510
188,889
186,832
309,950(22,169)
15,725

2,421—

20,501

0
(563)
5,401
85,612
139,482

—
—
—
—
—

1
(4,767)45,736
724,972
1,181,149

● Consolidated Statement of Operations(Unit: Thousands of U.S. dollars/Millions of yen)
U.S. Dollars(Thousands)

Yen (Millions)● Primary Consolidated Subsidiaries(as of March 31, 2007)

FY 2007

FY 2006

FY 2007(April 1, 2006 –March 31, 2007)(April 1, 2005 –March 31, 2006)(April 1, 2006 –March 31, 2007)

Net sales¥128,245¥119,192$1,085,993

Cost of sales

112,033

99,364

948,708

Gross profit

16,212

19,827137,285■ CMK Circuit Technology Center Corporation

Selling, general, and administrative expenses

10,207

10,26386,434■ SE Products Corporation

Operating income

6,005

9,564

50,851■ CMK Niigata Corporation

Non-operating income

2,509

2,133

21,246

Non-operating expenses

1,012

1,041

8,569

Ordinary income

7,502

10,65663,527■ CMK Package Tech Corporation

Extraordinary income

244

214

2,066

■ Wakoh Electronics Corporation

Extraordinary losses

905

1,451

7,663

■ JSIC Corporation

Net income before taxes and other adjustments

6,840

9,418

57,921

Corporate, residence, and enterprise taxes

1,976

2,774

16,733

Corporate taxes and other adjustments

189

679

1,600

■ CMK Kanbara Electronic Corporation Japan

Gains or losses (–) on minority interests in subsidiaries

(12)

306

(101)

■ JT CMK Corporation

4,687

5,657

39,690Net income
The accompanying notes are an integral part of these statements.

● Consolidated Statement of Cash FlowsJapan■ CMK Mechanics Corporation■ CMK Multi Corporation■ CMK Finance Corporation■ Yamanashi Sanko Co., Ltd.

Overseas(Unit: Thousands of U.S. dollars/Millions of yen)
U.S. Dollars(Thousands)

Yen (Millions)

FY 2007

FY 2006

FY 2007(April 1, 2006 –March 31, 2007)(April 1, 2005 –March 31, 2006)(April 1, 2006 –March 31, 2007)

Cash flows from operating activities¥ 9,634¥10,805$ 81,581

Cash flows from investing activities(11,142)(5,695)(94,351)

Cash flows from financing activities(28,944)(3,418)(9,127)

Effect of exchange-rate changes on cash and cash equivalents

141

318

1,194

Net increase (decrease) in cash and cash equivalents(4,785)(3,698)(40,519)

Cash and cash equivalents at beginning of year

14,253

17,951

120,696

Cash and cash equivalents at end of year

9,468

14,25380,176

The accompanying notes are an integral part of these statements.

8■ 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.

Consolidated Financial Statements● Consolidated Statement of Shareholders’ Equity (FY 2007: April 1, 2006 – March 31, 2007)(Unit: Thousands of U.S. dollars/Millions of yen)

Shareholders’ equity
Additional paid-in
capitalCommon stock
Balance as of March 31, 2006

$188,889¥22,306$186,832

Retained earnings¥22,063$277,136¥32,727

Cash dividends*(2,608)Cash dividends (midyear)*(2,591)

Total shareholders’equityTreasury stock$(18,257)¥(2,156)$634,600¥74,940(308)(2,608)

(308)

(306)

(2,591)

(306)

(618)

(73)

(618)

(73)

39,6904,687

39,690

4,687
(461)

Change during this consolidated fiscal year

Bonuses to directors and statutory auditors*
Net income
Purchase of treasury stock
Sale of treasury stock0(3,903)(461)(3,903)

1

0

2

0

(1,050)

(124)

0

Other

(1,050)(124)(Net) change during this consolidated
fiscal year in accounts other thanshareholders’ equity
Total change during this consolidated
fiscal year
Balance as of March 31, 2007

—

—

0

0

32,813

3,875(3,903)(461)

28,901

3,413

188,889

22,306

186,832

22,063309,950

36,602(22,169)(2,618)663,51078,354

Unrealized gains (losses)

Balance as of March 31, 2006

Unrealized gains(losses) on availablefor-sale securities

Deferred hedge
gains and losses

Foreigncurrency translation
adjustment

Total unrealized gains(losses)$25,480$—$(14,929)$10,511¥3,009¥—¥(1,763)¥1,246

Minorityshareholders’interests$46,625¥5,506

Total net assets$691,777¥81,692

Cash dividends*(2,608)(308)

Cash dividends (midyear)*(2,591)(306)

Change during this consolidated fiscal year

Bonuses to directors and statutory auditors*

(618)

(73)

Net income

39,690

4,687

Purchase of treasury stock(3,903)(461)

Sale of treasury stock
Other(Net) change during this consolidated
fiscal year in accounts other thanshareholders’ equity(4,970)

(587)

1

0

10,153

1,199

5,174

611

(880)

(104)

2

0

(1,050)

(124)

4,284

506

Total change during this consolidated
fiscal year

(4,970)

(587)

1

0

10,153

1,199

5,174

611

(880)

(104)

33,195

3,920

Balance as of March 31, 2007

20,501

2,421

1

0

(4,767)(563)

15,725

1,857

45,736

5,401

724,972

85,612* Net income distributed at June 2006 regular general meeting of shareholders
The accompanying notes are an integral part of these statements.

9

Stock Information Corporate Data
(As of March 31, 2007)● Total number of shares authorized● Total number of shares issued and outstanding● Number of shareholders● Share trading unit
● Major shareholders (10 largest)(As of March 31, 2007)● Name of listed company

227,922,000
63,060,164
6,511
100

(Securities code no.: 6958)● Date of establishment

February 25, 1961

● Capital¥22,306,203,140● Address of head office

5-1 Nishishinjuku 6-chome,
Shinjuku-ku, Tokyo, Japan● Number of employees

1,135

Investment in CMK
Number ofshares held
(thousands)

Percentage(%)

Mizuho Corporate Bank, Ltd.

7,325
4,126
2,845
2,653
2,576

11.6
6.5
4.5
4.2
4.0

The Foundation for Technology Promotion ofElectronic Circuit Board

2,500

3.9

2,162
1,860

3.4
2.9

Trust & Custody Services Bank, Ltd. as trustee for Hitachi
Chemical Co., 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

Shareholders
Japan Trustee Services Bank, Ltd. (Trustee account)
The Master Trust Bank of Japan, Ltd. (Trustee account)
The Dai-ichi Mutual Life Insurance Company
Noboru Nakayama● Management (as of June 28, 2007)
Directors

Trust & Custody Services Bank, Ltd.
(pension trustee account)

Matsushita Electric Works, Ltd.

CMK CORPORATION

President and Chief
Executive Officer

Takahiro Nakayama

Director and Executive
Managing Officer

Mikihiko Hattori
Kunio Nishi

Director and Executive Officer

Tsutomu Yamaguchi
Kazuhiro Ito
Akiharu Nakayama

Auditors
Standing Auditor

Nobuo Akiyama

AuditorNoriyuki Takei
Hiroo Wakabayashi

Note: Although the Company holds 1,808,167 shares of treasury stock (percentage of shares
held: 2.8%), it is not included in the above list of major shareholders.

Executive Officers● Shareholder Breakdown
Other firms
11,472,468 shares(18.2%)
Foreign companies
and individuals
5,228,871 shares(8.3%)
Securities firms
829,016 shares (1.3%)

Total
63,060,164
sharesExecutive Managing Officer

Takeo Takai

Executive Officer

Jyunichi Itsuji
Kenichi Urushiyama
Nobuyuki Kageyama
Toshimi Kuroki
Masashi Koike
Kazuma Shiobara
Takahiro Shirai
Munefumi Takano
Hiromitsu Nakayama
Hiroshi Hanaoka

Senior Counselor

Noboru Nakayama

Individuals and others
11,076,826 shares(17.6%)

Financial institutions
34,452,983 shares(54.6%)

10

● Information for Shareholders
Fiscal year:

April 1 through March 31of the following year

Regular general meetingof shareholders:

Held in June each year

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

Transfer fee:
Notification method:

Free of charge
Electronic notification (company website at http://www.cmk-corp.com).
If notification cannot be madeelectronically, it will be madeusing the Nihon Keizai Shimbun.

● Address for inquiries about stock procedures
Stock transfer agent:

Japan Securities Agents, Ltd.
2-4 Kayabacho 1-chome, Nihonbashi,
Chuo-ku, Tokyo, Japan

Contact address:

Japan Securities Agents, Ltd.,
Agent Division,
8-18 Shiohama 2-chome, Koto-ku,
Tokyo 137-8650
Phone number for requesting changeof address forms etc.:
0120-707-842
Phone number for other inquiries:
0120-707-843

http://www.cmk-corp.com

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

This Business Report was printed in soy ink on 100%
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