Ministry of Internal Affairs and Communications

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Press Release

September 21, 2012

Approval of Management Resources Reuse Plan based on the Act on Special Measures concerning Industrial Revitalization and Innovation of Industrial Activities of IJ Holdings Corporation

  On September 21, 2012, the Ministry of Internal Affairs and Communications (MIC) approved the “Management Resources Reuse Plan” applied by IJ Holdings Corporation (President: Toshikazu Ukawa) as of September 14, 2012, based on the provision of Article 7 of the Act on Special Measures concerning Industrial Revitalization and Innovation of Industrial Activities (Act No. 131 of 1999).

1.Outline of “Management Resources Reuse Plan”

  IJ Holdings Corporation (hereinafter, “the applicant”) efficiently utilizes management resources by acquiring all stocks of a company (new ITX) newly established through the corporate division of ITX Corporation (ITX) that operates the sales business of mobile phones.
  The applicant hopes to have registration tax rates reduced (registration and license tax) as provided in Article 80, Paragraph 1, Item (i) and Item (v) of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957) for when the capital is increased after obtaining an approval according to the Act on Special Measures concerning Industrial Revitalization and Innovation of Industrial Activities.
 

2.Outline of applicant

  IJ Holdings Corporation
  (1) Representative: Toshikazu Ukawa (President)
  (2) Location: 1-6-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan
  (3) Capital: 25,000 yen
 

3.Period for implementation of reuse of management resources

  Commencement: September 2012
  Termination: March 2015
 
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For further information about this press release, please fill in the inquiry form and submit it to MIC on the website
https://www.soumu.go.jp/common/english_opinions.html

International Policy Division,
Global ICT Strategy Bureau, MIC
TEL: +81 3 5253 5920 / FAX: +81 3 5253 5924

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