IIJ Establishes New Subsidiary Net Chart Japan Inc.Tokyo, Japan, Oct 2, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Internet Initiative Japan Inc., one of Japan's leading Internet access See how to access the Internet. and network solutions providers, today announced its establishment of Net Chart Japan Inc. as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . Net Chart Japan Inc. commenced business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets on October 1, 2006, after taking over the business assets, including customers and employees, of Net Chart Japan Corporation. Net Chart Japan Inc. will provide network construction primarily related to Local Area Networks (LANs), such as installation and configuration of equipment, wiring following network installation and installation and operational support for applications. IIJ IIJ Internet Initiative Japan IIJ Internet Initiative Japan Inc. (Internet Service Provider) IIJ Indo-Iranian Journal IIJ Is It Jazz (Boston band) and Net Chart Japan Inc. will collaborate in the rapidly expanding network construction market. Althought the relationship is expected to enhance the IIJ Group's sales force in Kanagawa prefecture, IIJ does not predict any material impact on its financial results for the fiscal year ending March 31, 2007 as a result of the deal. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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