Miscellaneous.Business Editors UK REGULATORY NEWS TOKYO--(BUSINESS WIRE)--July 11, 2003 Application submitted for Commencement of Compulsory Liquidation Proceedings by Yamaichi Tochi Kabushiki Kaisha Kabushiki kaisha or kabushiki gaisha (株式会社 and Sanryou Estate Kabushiki Kaisha; Eventual Possibility of Credit Losses Mitsubishi Tokyo Financial Group, Inc. TOKYO, July 11, 2003--Mitsubishi Tokyo Financial Group, Inc. (MTFG MTFG Mitsubishi Tokyo Financial Group ; President: Shigemitsu Miki) announced today that the credits provided by its subsidiary, The Mitsubishi Trust and Banking Corporation (MTBC MTBC Metroplex Technology Business Council (Texas) MTBC mycobacterium tuberculosis complex MTBC Malaysian Tenpin Bowling Congress MTBC Mitsubishi Trust and Banking Corporation MTBC Mean Time Between Cleans MTBC Mountain Biking Club ), to Yamaichi Tochi Kabushiki Kaisha and its subsidiary, Sanryou Estate Kabushiki Kaisha may eventually not be repaid due to the event described hereunder Adv. 1. hereunder - in a subsequent part of this document or statement or matter etc.; "the landlord demises unto the tenant the premises hereinafter called the demised premises"; "the terms specified hereunder" hereafter, hereinafter 2. . 1. Outline of the companies Yamaichi Tochi Kabushiki Kaisha (1) Head office: 16-11, Ogikubo 5-chome, Suginami-ku, Tokyo, Japan (2) Liquidator: Toshiaki Shioda (3) Capital: Japanese yen 105 million (4) Business: Real Estate Sanryou Estate Kabushiki Kaisha (1) Head office: 16-11, Ogikubo 5-chome, Suginami-ku, Tokyo, Japan (2) Liquidator: Toshiaki Shioda (3) Capital: Japanese yen 50 million (4) Business: Real Estate 2. Event and date of occurrence Yamaichi Tochi Kabushiki Kaisha and Sanryou Estate Kabushiki Kaisha submitted applications for commencement of compulsory liquidation proceedings to the Tokyo District Court Tokyo District Court (東京地方裁判所; Tōkyō Chihō Saibansho) is a district court in Kasumigaseki, Chiyoda, Tokyo, Japan. See also
3. MTBC's outstanding credit balances to the companies Yamaichi Tochi Kabushiki Kaisha: Japanese yen 56,580 million Sanryou Estate Kabushiki Kaisha: Japanese yen 7,424 million 4. Influence on MTFG's business results This event is not expected to have any material effect on MTFG's previously announced business forecast for the current fiscal year. For further information, please contact: Masahiko Tsutsumi Chief Manager, Corporate Communications Office Tel: 81-3-3240-8136 Short Name: Mitsubishi Tokyo Fin Category Code: MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. Sequence Number: XXXXXXXX Time of Receipt (offset from UTC (Coordinated Universal Time, Temps Universel Coordonné) The international time standard (formerly Greenwich Mean Time, or GMT). Zero hours UTC is midnight in Greenwich, England, which is located at 0 degrees longitude. ): 20030711T093104+0100 |
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