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Notice on Dissolution and Liquidation of Subsidiary Company

June 30, 2003

At the meeting of the Board of Directors of Nikon Corporation on June 27, 2003, a decision was made to dissolve Nikon Sales-Promotion Co., Ltd., a subsidiary of Nikon Corporation, on June 30, 2003, and to liquidate at the end of September, as detailed below.
Printing business that had been the responsibility of Nikon Sales-Promotion Co., Ltd. was terminated effective December 31, 2002. Operations for advertising business were transferred to Nikon Corporation and Nikon Photo Products, Inc. as of January 1, 2003.

  1. Reason for dissolution
    Nikon Sales-Promotion Co., Ltd. was established in July of 1987, and handled advertising and printing business. However, in the interest of increased business operation efficiency for the Nikon Group, Nikon Sales-Promotion Co., Ltd. shifted responsibility for its activities to Nikon CorporationÕs business units, and the decision was made to dissolve the corporation.
  2. Outline of Nikon Sales-Promotion Co., Ltd.
    Address 5-20, Nishi-Ohi, 1-chome, Shinagawa-ku, Tokyo
    President Yoshiyuki Nagai
    Business lines Advertising and printing business
    Capital 40 million Japanese Yen
    Major shareholder Nikon Corporation (100%)
    Established July 1, 1987
  3. Effects of the dissolution on the performance of Nikon Corporation The dissolution of Nikon Sales-Promotion Co., Ltd. will not result in financial losses for Nikon Corporation.
  • The information is current as of the date of publication. It is subject to change without notice.