該公司從事海底電纜及通訊系統製造及銷售，主要市場包括日本及東南亞，該公司於2004年重整並受日本政府當局贊助，目前營收狀況良好並具發展潛力，尋求有意併購該公司之合作廠商。

Overview: The Company is a global leader in the ocean cable & communications business, with its networks representing approximately 80% market share in the Asian region short-distance submarine cable market. It is profitable and well positioned for future growth with the expansion of submarine cable systems capacity.

Location: Japan

Products/Services: The Company manufactures and sells submarine communications cable systems, onshore communications cables and communication equipment. Its business is comprised of on land communications operations for domestic telecom, power, railway and governmental customers; and submarine cable operations for both domestic (inter-island) and international cable systems. The Company maintains state-of-the-art manufacturing facilities with capacity for large-scale submarine cable projects up to 30,000 KM.

Key Points:•The Company’s land cable business has a captive blue-chip customer base and provides specialized product lines, generating stable revenue and profit margins.

•The Company has 100% market share for the domestic submarine cable market, including corporate and governmental customer bases. Market share of short and long international submarine cables in the Asian region is approximately 80%.

•The Company is one of only three global submarine cable players, representing the Asian and Southeast Asian segment, with capabilities to plan, design and manufacture long-distance communication submarine cables.

•Facilities include a 32,947 sqm (354,641 sqf) cable plant located on an 110,420 sqm (1,188,560 sqf) site in central Japan and an 114,871 sqm (1,236,471 sqf) submarine system plant, located on a 204,153 sqm (2,197,502 sqf) site in southern Japan. The submarine system plant facility has capacity to manufacture the largest scale cable projects up to 30,000 km.

•The Company was acquired in 2004 and subsequently restructured by a government sponsored entity, substantially reducing debt and excess capacity, increasing productivity, and reinforcing its marketing and sales operations.

•The Company is strategically situated to profit from projected expansion of submarine cable systems to meet increased internet traffic demand, particularly in the Asia/Pacific markets.

Workforce:•Approximately 218 trained and qualified employees.

•Experienced management team, operating under international management control and Japanese accounting standards.

Financials:•Stable earnings with low-cost base and high growth potential

•March 2006 FY forecast of annual sales of ￥8.7 billion / U.S.$ 79 million, operating profit of ￥24 million / U.S.$ 218,000, and net income of ￥204 million / U.S.$1.85 million.