JSR Corporation (CEO: Eric Johnson, hereinafter referred to as "JSR"), which owns 100% of the Company's shares, will take 80% of the Company's shares from Musashi Precision Industry Co., Ltd. ("JSR") as of April 1, 2020. President: Hiroshi Otsuka, hereinafter referred to as "Musashi Precision Industry").

Musashi Seimitsu Industry Co., Ltd. is a manufacturer of parts for automobiles and general-purpose equipment listed on the First Section of the Tokyo Stock Exchange. We have been aiming to increase profits for various purposes such as large mobiles, but we decided that it would be difficult for the JSR Group to further increase profits on its own, and we have strong ties with end customers, resulting in business synergies. We were considering a capital tie-up with a company that can expect.

As a result of the discussion, Musashi Seimitsu Industry possesses a wide range of know-how in the production and sales of automobile parts, and thinks that high synergistic effects such as expansion of this business and creation of new businesses can be expected, and JSR transfers the shares of his JM Energy. We have reached an agreement.

Established in 2007 as a group company of JSR Corporation, which is the first in the world to develop lithium-ion capacitors (LIC), which are attracting attention as next-generation power storage devices, we launched the world's first mass production factory for LIC. We have been promoting our business as a leading company of LIC.

Although there is a change in the parent company this time, while continuing these business policies, we will take this opportunity to further grow and expand our business, and to provide a company that can provide his high quality LIC to a wider range of customers than ever before. I will aim for it.

We would like to ask all of you for your continued support and patronage.