■Listing on the First Section of Tokyo Stock Exchange
Thanks to everyone’s support, we were listed on the First Section of Tokyo
Stock Exchange as of December 1, 2005.
We have thus far produced KING FILE, TEPRA and other top-selling products
reflecting our company philosophy of “contributing to society by developing
creative products and creating new culture.”
We are committed to sustained efforts to achieve a further expansion in our
business performance and improved company value.
■Conversion of joint venture sales company in Shanghai to a subsidiary
We have boosted our capital share in SHANGHAI KING JIM MAKINO TRADING CO.,
LTD. (KING JIM Shanghai), established in a joint venture with a local
Shanghai firm in December 2002 as a base for sales in the chinese market,
from 49% to 80%, bringing it under the group umbrella as a consolidated
subsidiary.
We are aiming for an aggressive expansion in sales centered in our
thick-type pipe files, a major product, and intend to promote rapid and
dynamic sales strategies and business decisions in response to increased
demand for stationary and office supplies in China, stimulated by persistent
economic growth, while pursuing latent demand.
