News: Deals: Reports

KFE Japan Co Ltd & Japan Best Rescue System Co Ltd	Update Date: 05/27/08
Date Announced: 05/13/08
Value (million $USD): 0.8 million U.S. Dollar 80.0 million Japanese Yen

Status: Completed

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. Part. Int.	Acquisition techniques	Privately Negotiated Purc; Alliance
Attitude	Friendly	Agency	n/a
Value	0.8 million U.S. Dollar 80.0 million Japanese Yen	Advisor Fees	n/a

SYNOPSIS
JAPAN - Japan Best Rescue System Co Ltd acquired 8.7% stake, or 1,700 ordinary shares in KFE Japan Co Ltd (KFE), a manufacturer and wholesaler of electronics and digital parts, for an estimated 80 mil Japanese yen ($0.765 mil US).

TARGET
Name	KFE Japan Co Ltd (NagoyaCenx : 3061)
Industries	n/a
City	Yokohama, Kanagawa
State	n/a
Nation	Japan
Incorporated in	n/a
Public Status	Public
Business Description	KFE Japan Co Ltd is headquartered in Kanagawa, Japan. The company's principal activity is to wholesale printed circuit boards and digital parts. The operations are carried out through the following divisions: Electronics division-wholesale of printed circuit board made in China; Digital product division- wholesale of digital camera, portable CD player and DVD player. The company has branch offices in China and Thailand.
Advisors	NULL
Target Sales	122.7 million U.S. Dollar 12.26 billion Japanese Yen

ACQUIROR
Name	Japan Best Rescue System Co Ltd (Nagoya : 2453)
Industries	Automotive services, except repair and carwashes; Repair shops and related services, nec; Disinfecting and pest control devices; Electrical and electronic repair shops, nec; Security systems services; Computer maintenance and repair
City	Nagoya-Shi, Aichi
State	n/a
Nation	Japan
Incorporated in	n/a
Public Status	Public
Business Description	Japan Best Rescue System Co Ltd is headquartered in Aichi, Japan. The company's principal activity is to provide all kinds of trouble-shooting services throughout Japan. The operations are carried out through the following divisions: call center division operates call centers to receive trouble calls throughout the country and then provide related services through stores /merchants under their panel and in return they earn commissions from the stores. Membership division provides two types of membership - bike membership and daily necessities membership. Bike membership covers bike road service, JBR theft compensation system and scooter rescue. Also an OEM membership is provided to Honda and Yamaha users. Corporate tie-ups division membership provides services related to keys, glasses, plumbing, shifting houses, etc. Corporate tie-ups division provides special services to corporate clients by operating separate call centers. Other operations include marketing of products.
Advisors	NULL
Acquiror Sales	49.9 million U.S. Dollar 4.98 billion Japanese Yen

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