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In order to further strengthen the group's business platform, Swing Corporation has transferred Engineering Business to the newly established Swing Engineering Corporation by means of company split effective on November 1st, 2018.

Swing Engineering Corporation, a wholly owned subsidiary of Swing Corporation, has taken over the assets, liabilities, contractual status and other rights and obligations deemed necessary to completely perform the succeeding businesses.

Summary of the Company Split

Effective date: November 1st, 2018.

Splitting Company Succeeding Company
Name Swing Corporation Swing Engineering Corporation
Business Overall control of subsidiaries
Chemical business
Engineering Business
▶EPC
▶Maintenance
▶Business Management
▶R&D
Address 7-18 Konan 1-chome, Minato-ku, Tokyo, Japan 7-18 Konan 1-chome, Minato-ku, Tokyo, Japan
Name & Title of Representative Shigeo Mizutani
President
Chief Executive Officer
Manabu Ikeguchi
President
Chief Executive Officer
Capital 5.5 billion yen 0.3 billion yen
Wholly Owned Subsidiary of Swing Corporation

Contact: Swing Corporation PR Department
Telephone: +81-3-6830-9075 / Fax: +81-3-5479-8590 / E-mail: pr.news@swing-w.com

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