An Absorption-Type Company Split for Transfer of Information Equipment Business to JVC KENWOOD Corporation on July 1, 2013:

Totoku Electric Co., Ltd. executed an absorption-type company split to transfer its information equipment business, dealing chiefly with display monitors and multimedia information terminals, to JVC KENWOOD Corporation on July 1, 2013.

Totoku Electric’s display monitors exceled in high resolution images, based on its original development and design technologies, meeting customer needs in a broad array of areas, ranging from consumer to industrial use. Totoku Electric has offered high value-added products with excellent performance centering on high-resolution medical image display monitors, but it has decided to transfer the information equipment business to JVC KENWOOD in accordance with its management policy of focusing managerial resources on its core cables and devices businesses. For future inquiries about the products, please contact the following:

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