• SASC

New affiliate in Nagasaki 2007.2.2

Chuo Spring announced it would establish a 100% owned affiliate in Nagasaki
in the Western Japan Island of Kyushu.

Outline of the company;

(1) Name NAGASAKI-CHUHATSU Co., Ltd.
(2) President Yoshitaka Taniguchi (Chuo Spring’s Senior Vice President)
(3) Location 147-48 Masugahara Town, Omura City, Nagasaki Pref.
(4) Establishment April 2007
(5) Line of Business Production and Sales of Springs and Control Cables for automotive use
(6) Property Land 25,000sqm
(7) Associates Abt. 70
(8) Paid-in Capital \ 1 billion
(9) Shareholder 100% Chuo Spring Co., Ltd.
(10) Main Clients Toyota Kyushu, Daihatsu Kyushu, Oi kyushu
(11) Start of Production Around Feb. 2008 (Delivery to start in April)
(12) Products Cold Form Coil Springs (from 2008) Control Cables (from 2009) and Precision Springs (from 2010)
(13) Sales forecast 2008 \1billion, 2009 \1,350million, 2010 \1,525million