December
12, 2019
Dear
Sir or Madam
Notice
Capital Increase
Please
note that, as of November 27, 2019, Nissei Electric Co., Ltd. increased its
capital to JPY 436.4 million, with its issued shares totaling 8,728. This was done through a private placement to
its parent company, Yangzhou Nissei Electronics Co., Ltd.
With
this enhanced resource, we are even more committed to developing our business
further to meet your expectations. As
always, we greatly appreciate your advice and cooperation.
1.
Total number of issued shares
Before: 1,800
After: 8,728
2.
Capital
Before: JPY 90.0 million
After: JPY 436.4 million
Yours
respectfully,