TSE News

Designation of Security Under Supervision (Confirmation) -Hitachi Business Solution Co.,Ltd.-

Update : Nov. 01, 2011


[Tokyo Stock Exchange, Inc.]

TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.

1. Issue Name Hitachi Business Solution Co.,Ltd. stock
(Code: 4738, Market Division: 1st Section)
2. Period of Designation as Security Under Supervision (Confirmation) From Nov. 1, 2011 (Tue) to the day when TSE determines whether the company has fallen under the delisting criteria
  Provision Enforcement Rules for Securities Listing Regulations, Rule 605, Paragraph 1, Item 18
(due to falling under a case where a resolution related to a stock swap was adopted at a board of directors meeting)
3. Reason At the board of directors meeting held today, Hitachi Business Solution Co.,Ltd (hereafter "the Company") adopted a resolution related to a stock swap which will make Hitachi Solutions, Ltd. (Unlisted) its wholly-owning parent company. Cash is scheduled to be given to shareholders of the Company which will become a wholly-owned subsidiary due to the stock swap.
If the stock swap which will involve cash payment and make the Company a wholly-owned subsidiary is approved by a resolution at a general shareholders meeting of the Company, TSE will delist the Company. As such, with the announcement by the Company, TSE deems that there is a possibility that the stocks of the Company will be delisted, and designates said stock as Securities Under Supervision (Confirmation).

DISCLAIMER: This translation may be used only for reference purposes. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Tokyo Stock Exchange, Inc., Tokyo Stock Exchange Group, Inc., and/or Tokyo Stock Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation.


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