This is to announce that our wholly managed and operated investment fund, J-STAR No. 2 Investment Limited Partnership, has underwritten BT Investments (Headquarter: Kawasaki-shi, Kanagawa, Company Representative: Mr Kiyohiro Miisyo, “BTI”) through private placement. This is in addition to the investment described in the “Announcement of Underwriting Shares of BT Investments through Private Placement” announced on July 4, 2013, and we now hold the majority voting rights of BT Investments. BT Investments is the parent company of Primajest Inc (Headquarter: Kawasaki-shi, Kanagawa, Company Representative: Mr Kiyohiro Miisyo, http://www.primagest.co.jp/,”Primajest”).
Primajest develops, manufactures, and sells hardware and software to provide image information processing services, and provides outsourcing and maintenance services of the system developed by Primajest.
As the environment surrounding IT changes rapidly, demand for improved IT strategy for better productivity brings needs for improvement in IT infrastructure, innovation of business model, and differentiating services. Primajest sees it as an opportunity for growth and intends to expand its business area. As we hold the majority voting rights of BT Investment’s, we, through BTI, will actively support Primajest in order to expand its business.
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