Kawasaki to Open New Subsidiary in China

Mar. 31, 2010

Tokyo, March 31, 2010 — Kawasaki Trading Co., Ltd. announced today that it will establish a subsidiary in Shanghai, China. The new subsidiary will enhance Kawasaki Trading ’s marketing capability in the rapidly growing Chinese market.

Kawasaki Trading currently exports civil engineering machinery and equipment to China for infrastructure development. It also supplies machinery and equipment to China’s steel, shipbuilding, textile and other industries. The new subsidiary will give Kawasaki Trading greater mobility to respond to the needs of its local customers as it works to make further inroads into the Chinese market.

The Shanghai subsidiary will procure equipment and materials in China, handle imports coming from Japan, and work with Kawasaki Trading ’s overseas offices (in Hong Kong, Taiwan, Vietnam, Thailand, Singapore and Brazil) to export Chinese products. The new subsidiary will provide support to other Kawasaki group companies operating in China and serve as a springboard for expansion.

Overview of the new subsidiary:
1. Name: Kawasaki Trading (Shanghai) Ltd.
2. Address: 10th Floor, Chong Hing Finance Center, 288 Nanjing Road West, Huangpu District, Shanghai, China
Branches in Dalian, Beijing, and Nantong and an office in Baoshang
3. Capital: Equivalent of 40,000,000 JPY in CNY (wholly owned by Kawasaki Trading Co., Ltd.)
4. Date established: April 1, 2010
5. Major operations: Sales of machinery and equipment to the Chinese market, export of Chinese products to Japan
6. Number of employees: 12