RHJ International: Asahi Tec Corporation: Notice of Revised Business
Result Forecast
Brussels - November 15, 2007 - RHJ International (the "Company"), a
limited liability company organized under the laws of Belgium, having
its registered office at Avenue Louise 326, 1050 Brussels, announces
that Asahi Tec Corporation, filed with the Tokyo Stock Exchange a
notice of revised business result forecast issued on May 23, 2007 for
the year ended March 31, 2008.
A translation in English of the announcement published by Asahi Tec
is available on Asahi Tec's website using the following link:
http://www.asahitec.co.jp/english/index.html
Asahi Tec Corporation is one of the current seven portfolio companies
of the Company. Asahi Tec Corporation, established in 1938, primarily
designs, manufactures and sells ductile iron cast auto parts for
truck and construction machinery OEMs, aluminium casting parts for
truck automobile OEMs and aluminium wheels for automobile OEMs. Asahi
Tec also designs, manufactures and sells environmental systems,
equipment and development technologies used by local governments and
municipalities and electrical hardware and equipment used by
electricity generators. Its subsidiary, Metaldyne, is a leading
global designer and supplier of metal-based components, assemblies
and modules for transportation related powertrain and chassis
applications including engine, transmission/transfer case, wheel-end
and suspension, axle and driveline, and noise and vibration control
products to the motor vehicle industry. It is headquartered in
Plymouth, Michigan.
Asahi Tec has annual revenues of approximately $2.7 billion and
employs approximately 10,000 employees at 55 facilities in 15
countries. For more information, please visit www.asahitec.co.jp and
www.metaldyne.com.
Asahi Tec Corporation is listed on the first section of the Tokyo
Stock Exchange under the ticker 5606.
The Company currently holds approximately 37% of Asahi Tec's issued
and outstanding shares (not including the exercise of any stock
acquisition rights).
DISCLAIMER
This announcement does not constitute an offer or invitation to
purchase any securities.
FORWARD-LOOKING STATEMENTS
The attached announcement contains forward-looking statements. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements. These statements are
based on the current plans, estimates and projections of Asahi Tec
Corp. as well as on its expectations of external conditions and
events. Forward-looking statements involve inherent risks and
uncertainties and speak only as of the date they are made. Neither
the Company nor Asahi Tec Corp. undertakes to update any of the
statements in light of new information or future events, except to
the extent required by applicable law.
For further information, please contact:
Arnaud DENIS
Investor Relations Director
RHJ International
e-mail : adenis@rhji.com