Listed company name: Daihatsu Motor Co., Ltd.
President: Takaya Yamada
Security code: 7262 (used in Japanese securities industry)
Parent company: Toyota Motor Corporation
President: Fujio Cho
Security code: 7203 (used in Japanese securities industry)
Notice of Subsidiary Dissolution
Daihatsu Motor Co., Ltd. hereby gives notice that the three company subsidiaries of Daihatsu Australia Pty. Ltd., Daihatsu Motor (HK) Limited, and Daihatsu America, Inc. will be dissolved.
Particulars
1. Outline of subsidiaries
(1) Daihatsu Australia Pty. Ltd.
| Location | Suite 6002, Bayside Plaza 376 Bay Street, Brighton Le Sands 2216, Australia |
| Representative | Isao Kumoda |
| Capital | AUS$2,000,000 |
| Shareholder | Daihatsu Motor Co., Ltd. 100% |
(2) Daihatsu Motor (HK) Limited
| Location | 8th Floor, Chung Nam Building, 1 Lockhart Road, Wanchai, Hong Kong |
| Representative | Katsumi Yoshida |
| Capital | HK$4,000,000 |
| Main shareholder | Daihatsu Motor Co., Ltd. 70% |
(3) Daihatsu America, Inc.
| Location | 2301 Dupont Dr., Ste. 530, Irvine, CA 92612-7502, U.S.A. |
| Representative | Yoichi Shibaike |
| Capital | US$3,500,000 |
| Shareholder | Daihatsu Motor Co., Ltd. 100% |
2. Reason for dissolution
The decision was made to dissolve the three subsidiaries as their sales activities had already been suspended.
3. Date of dissolution
Dissolution is scheduled to take place within 2004.
4. Future outlook
The dissolution of the three subsidiaries is expected to have minimal effect on the financial conditions of Daihatsu Motor Co., Ltd. and Toyota Motor Corporation in the current fiscal year.