KDDI Corporation

2001.7.24

KDDI Announces Absorption of Wholly Owned Subsidiaries




Tokyo, July 24, 2001 - KDDI has agreed at its board meeting on July 24 that it will absorb the 100 percent owned subsidiaries listed below. These mergers are in accordance with Commercial Code Article 413 No. 3 page 1, and since KDDI remains the parent company, it does not require ratification by way of shareholder meeting.


Targeted Subsidiaries
Subsidiaries to be Merged Intended Merger Date
au Corporation (Head quarters: Osaka) October 1, 2001
4 KDD Distributors:
KDD Hanbai Tokyo Chuo Co., Ltd. (head quarters: Tokyo)
KDD Hanbai Nishi Tokyo Co., Ltd. (head quarters: Tokyo)
KDD Hanbai Minami Tokyo Co., Ltd. (head quarters: Tokyo)
KDD Hanbai Osaka Co., Ltd. (head quarters: Osaka)
September 26, 2001


Summary of Merger
1.Merger of au Co. Ltd. and its purpose
2.The merger of four KDD distributors
Status after the merger




Copyright (C) 2001 KDDI CORPORATION All Rights Reserved.