NTT DATA Announces Dissolution of Subsidiary
Mar. 28, 2008
NTT DATA Corporation
NTT DATA Corporation has decided to dissolve its consolidated subsidiary, NTT DATA Community Produce Corporation. The details of the dissolution are as follows:
- Profile of subsidiary
(1)Company name : NTT DATA Community Produce Corporation (2)Head office : 3-3-9 Toyosu, Koto-ku, Tokyo (3)Representative : Tadashi Kawashima (4)Business activities : Support for establishment of business in local communities,
focusing on local governments(5)Established : April 2, 2001 (6)Capital : 200 million yen (7)Shareholding : 100% owned - Reason for dissolution
NTT DATA Community Produce Corporation was established to expand NTT DATA's business activities in local communities, focusing on local governments. As a result of the revision of its community business in line with the structural reform of the NTT DATA Group, it was judged that its role had come to an end and the decision was made to dissolve it. - Future schedule
The liquidation is expected to be completed by the end of June 2008. - Future prospects
The dissolution of this subsidiary is expected to have little influence on NTT DATA's business results.
For more information, please contact:
- Public Relations Department
NTT DATA Corporation
Tel: +81-3-5546-8051
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