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| DAISHINKU CORP. |
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| Notice Regarding Change in Settlement Period for Consolidated
Subsidiaries |
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| Osaka, August 11, 2006— Daishinku Corp. (“KDS”) announced
that the Company has adjusted the settlement period for its consolidated
subsidiaries to synchronize with the Company’s accounting term. |
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| 1. Reasons for the Change |
| To develop smooth and efficient functioning of management plans
and facilitate timely disclosure of group management information. |
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| 2. Details of the Change |
(1) Current closing date: annually on January 31
After Change: annually on March 31
(2) Consolidated subsidiaries subject to the change:
- DAISHINKU(AMERICA)CORP.
- DAISHINKU(HK)LTD.
- DAISHINKU(SINGAPORE)PTE.LTD.
- DAISHINKU(DEUTSCHLAND)GmbH |
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3. Impact on Consolidated Results for Fiscal Year 2006 |
The settlement period for the aforementioned subsidiaries will
be March 31 starting this fiscal year.
The change will have no impact on the consolidated results for the
2006 fiscal year since we are still including the results for the
same 12 months term. |
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