Sumitomo カジノ シークレット 無料 ボーナス to Reorganize Its Group Companies in the US

Jan. 31, 2017

Sumitomo カジノ シークレット 無料 ボーナス has decided to reorganize some of its Group companies in the U.S. to improve the efficiency of their business operations.

As of March 31, 2017, Sumitomo カジノ シークレット 無料 ボーナス will transfer its entire shares, as a contribution in kind, in two of its wholly owned subsidiaries, Valent U.S.A. Corp. (VUSA) and Sumika Electronic Materials, Inc. (SEMI)^*, to its US regional headquarters, Sumitomo カジノ シークレット 無料 ボーナス America, Inc. (SCAI), making them wholly owned subsidiaries of SCAI. Furthermore, as of April 1, 2017, four of the Group companies, i.e. VUSA, SEMI, Sumika Polymers North America (another wholly owned subsidiary of SCAI), and Valent BioSciences Corp. (a wholly owned subsidiary of VUSA) will be re-organized as limited liability companies (LLCs).

With sales outside Japan accounting for over 60% of its total consolidated sales, Sumitomo カジノ シークレット 無料 ボーナス is advancing initiatives under a basic policy of its current Three-Year Business Plan to "promote globally integrated management." The initiatives are being implemented in each of the Company's major business geographical regions, including the earlier announced merger of its three Singapore-based subsidiaries, effective April 1, 2017. The re-organization in the U.S. is part of such initiatives and is intended to promote the effective use of the Group's management resources in the U.S. through an enhanced approach to shared services that can be used by its Group companies in the U.S. for their back-office operations as well as to ensure strict legal and ethical compliance and further strengthen internal controls as Sumitomo カジノ シークレット 無料 ボーナス Group companies continue to expand business activities in the US.

• SEMI will be renamed "Sumitomo カジノ シークレット 無料 ボーナス Advanced Technologies LLC" as of April 1, 2017.

Profiles of カジノ シークレット 無料 ボーナス Company's US subsidiaries

Company name	Sumitomo カジノ シークレット 無料 ボーナス America, Inc.
Establishment	May, 1976
Capital	USD 253.794 million
President	Scott Mitchell
Businesses	Sales and marketing of カジノ シークレット 無料 ボーナス products, gathering of market and technical information and related surveys, and Regional headquarters functions for the Americas region
Ownership	Sumitomo カジノ シークレット 無料 ボーナス – 100%

Company name	Valent U.S.A. Corp.
Establishment	April, 1988
Capital	USD 242.574 million
President	Andrew Lee
Businesses	Development and sales of plant protection and enhancement products in カジノ シークレット 無料 ボーナス North America
Ownership	Sumitomo カジノ シークレット 無料 ボーナス – 100%

Company name	Sumika Electronic Materials, Inc.
Establishment	January, 2003
Capital	USD 38.696 million
President	Kevin M. Beck
Businesses	Manufacturing of MOEPI wafers, rubber カジノ シークレット 無料 ボーナスs, composite materials (polyether sulfone grinding), import and sales of high purity inorganic materials, semiconductor manufacturing カジノ シークレット 無料 ボーナスs, and other specialty products
Ownership	Sumitomo カジノ シークレット 無料 ボーナス – 100%

Company name	Sumika Polymers North America Inc.
Establishment	November, 2011
Capital	USD 16.773 million
President	Brian Weider
Businesses	Sales of polypropylene compounds
Ownership	Sumitomo カジノ シークレット 無料 ボーナス America– 100%

Company name	Valent BioSciences Corp.
Establishment	January, 2000
Capital	USD 129.344 million
President	Andrew Lee
Businesses	Development, manufacturing and sales of plant protection and enhancement products
Ownership	Valent U.S.A. – 100%

Contact

Corporate Communications Dept.
27-1, Shinkawa 2-chome, Chuo-ku, カジノ シークレット 無料 ボーナスkyo, 104-8260, Japan
TEL: +81-3-5543-5102 FAX: +81-3-5543-5901