Company Profile

                      Trade Name

                      NADEX CO., LTD.

                      Headquarters Location

                      9-27 Furuwatari-cho, Naka-ku, Nagoya City, Aichi 460-8338 JAPAN

                      Date Established

                      October 3, 1950

                      Major Business
                      1. Development, manufacturing, sale and installation of welding equipment and sale of welding materials
                      2. Development, designing, manufacturing, sale, and installation work of factory automation systems
                      3. Sale of electric control equipment
                      4. Planning, development, designing, sale, maintenance, and consulting work of information network systems
                      Capital

                      1, 028, 078, 000 Japanese Yen

                      Total Number of Authorizes Shares

                      40, 125, 000 shares

                      Total Number of Shares Issued

                      9, 605, 800 shares

                      Fiscal Year-end

                      April 30th

                      Members of the Board and Auditors

                      Toshiyuki Takada, President & CEO
                      Osamu Watanabe, Senior Managing Director
                      Masataka Furukawa, Managing Director
                      Katsunori Yokochi, Director
                      Daisuke Shindo, Director
                      Nobuyuki Honda, Director
                      Yoko Noguchi, External Director
                      Yoshiyasu Takeda, Standing Auditor (full-time)
                      Masanori Senda, External Auditor
                      Hiroya Ichihara, External Auditor

                      Number of Employees

                      788?(Nadex Group) 219 (Nadex only)

                      Main Financing Banks

                      Sumitomo Mitsui Banking Corporation
                      MUFG Bank, Ltd
                      The Bank of Nagoya, Ltd.

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