SMBC Home > News Release
Notice regarding Business Alliance betweenOsaka Gas Information System Research Instituteand Sakura Information System (1/1)
Osaka Gas Information System Research Institute Co., Ltd.
					
Sakura Information System Co., Ltd.
					
Osaka Gas Co. Ltd
					
Sumitomo
					Mitsui Banking Corporation
					
Notice
					regarding Business
					
Osaka Gas
					Information System Research Institute
					
and Sakura
					Information System
					
					
					
Japan,
					July 28, 2006--- Osaka Gas Information System Research Institute Co., Ltd.
					(OGIS-RI, President: Masakazu Kato), Sakura Information System Co., Ltd. (SIS,
					President: Ryoji Miura), Osaka Gas Co. Ltd. (Osaka Gas, President: Hirofumi Shibano)
					and Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) today have entered into a basic contract on business
						alliance in the field of information service business as basically agreed between OGIS-RI and SIS on May 23,
							2006.  
										
					
In addition, on the basis of the basic contract above, SMBC today
					transferred part of its holdings of SIS shares (equivalent to 34% of the total SIS
					shares) to OGIS-RI in order to reinforce the alliance.  
										
					
1. Outline of business
					alliance
					
(1) Cooperation in the
					field of system development
					
(a) System development, combining SISfs know-how and OGIS-RIfs
					technology of gObject/UML
						(Unified Modeling Language) Modelingh
						
(b) Mutual exploitation of
					development base
					
(2) Cooperation in foreign
					operation
					
     Mutually utilize the development base in Shanghais, OGIS-RIfs
					business partner, and SISfs subsidiary in
					
(3) Cooperation in the
					field of system operation
					
     Mutually utilize OGIS-RIfs
					computer center (Nishi-ku,
					
(4) Exchange and
					development of human resources
					
					
2. Outline of SIS after the
					transfer of shares
					
| (1) Company name
							 | Sakura
							Information System Co., Ltd.
																 | |
| (2) Head office
							 | 4-10,Nihonbashihoncho 3-chome,Chuo-ku,
							 | |
| (3) Business description
							 | System development and data processing
							 | |
| (4) Date of establishment
							 | 
							 | |
| (5) Capital stock
							 | 600 millions of yen
							 | |
| (6) Number of shares issued
							 | 775,000 shares
							 | |
| (7) Principal shareholders
							 | SMBC
							 OGIS-RI
									 | 511,500 shares (66.0%)
							 263,500
									shares (34.0%)
																 | 
					
Appendix
					
					
Profile of OGIS-RI
					
| Company name
							 | Osaka
							Gas Information System Research Institute Co., Ltd.
																 | 
| Head office
							 | Minami 2-37, Chiyozaki
							3-chome, Nishi-ku, Osaka-shi,
							 | 
| Business description
							 | System development, data processing, and sales of
							computer and software
							 | 
| Date of establishment
							 | 
							 | 
| Capital stock
							 | 400 millions of yen (as of
							 | 
					
Profile of
					
| Company name
							 | Osaka
							Gas Co. Ltd.
																 | 
| Head office
							 | 1-2, Hiranamachi
							4-chome, Chuo-ku, Osaka-shi,
							 | 
| Business description
							 | Gas and heat supply business
							 | 
| Date of establishment
							 | 
							 | 
| Capital stock
							 | 132,166 millions of yen (as of
							 | 
					
Profile of SMBC
					
| Company name
							 | Sumitomo Mitsui Banking Corporation
							 | 
| Business description
							 | Banking
							 | 
| Date of establishment
							 | 
							 | 
| Head office
							 | 1-2, Yurakucho 1-chome, Chiyoda-ku,
							 | 
| Capital stock
							 | 664,986 millions of yen (as of
							 |