26/05/2004
Establishment of New Company
We are proud to advise the establishment today of NAA Retailing Corporation. We are also pleased to provide the following overview of the company.
Corporate Profile
1
Company Name:
NAA Retailing Corporation
2
Date of Establishment:
26 May, 2004
3 Head Office:
Room N3017 North Wing, Terminal 1, Narita International Airport
4 Corporate Mission
Management of duty-free stores in the airport, etc.
5 Capital
JPY 90 million at establishment (1,800 shares)
6 Company Representative
President & C.E.O. Takao Nagai
7 Founding Shareholders
Narita International Airport Corporation: 1,200 shares (valued at JPY60 million) (67%)
Japan Airport Terminal Building Co., Ltd: 600 shares (valued at JPY30 million) (33%)
8 Number of Shops (at time of establishment)
Duty free: 2
General retail: 8
Food and beverage: 2
9 Schedule (Planned)
To commence operations on 1 July 2004
II. Establishment of Elevator Maintenance Company
The number of passengers at Narita International Airport reach
30 million
s annually and the elevators and escalators are used as a major transportation equipment to go around in the airport.
To offer better service levels to our customers and reduce costs, NAA will establish a company charged solely with maintaining and supervising the operations of these important facilities. This will bring the work formerly carried out by companies affiliated with equipment manufacturers under the control of the new company and ensure that staff are on duty at all times at the airport to respond immediately to any problems. Please refer below for a brief outline of the company.
Corporate Profile
1 Company Name
NAA Elevator Technology Corporation (NAA Eletec)
2 Date of Establishment
1 June 2004
3 Head Office
5th floor, Circum-Airport Development Center Bldg. No. 1, Narita Airport
4 Corporate Mission
Maintenance and management of elevators, escalators, etc. within the airport.
5 Capital at Time of Establishment
JPY60 million (1,200 shares)
6 Company Representative
President Shigeru Okazawa
7 Founding Shareholders
Narita International Airport Corporation: 876 shares (JPY43.8 million) (73%)
Mitsubishi Electric Building Techno-Service Co., Ltd.: 90 shares (JPY4.5 million) (7.5%)
Nippon Otis Elevator Company: 90 shares (JPY4.5 million) (7.5%)
Hitachi Building Systems Co., Ltd: 90 shares (JPY4.5 million) (7.5%)
Toshiba Elevator and Building Systems Corporation: (36 shares) (JPY1.8 million) (3%)
Fujitec Co., Ltd.: 18 shares (JPY0.9 million) (1.5%)
8 Schedule (Planned)
To commence operations on 1 August 2004
Note: Equipment operated by NAA as of 1 April 2004:
185 elevators
145 escalators
65 moving sidewalks
61 cleaning gondolas
1 shuttle system
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