TOKYO, Jul 15 (MARKET WIRE) —
The Company hereby announces that, in a decision made at the meetings of
their respective Boards of Directors held on July 15, 2010, four of its
consolidated subsidiaries, namely ANA Sales Co., Ltd. (“ASX”), ANA Sales
Hokkaido Co., Ltd. (“ASH”), ANA Sales Kyushu Co., Ltd. (“ASK”), and ANA
Sales Okinawa Co., Ltd. (“ASO”) will merge, as noted below:
1. Objective of the Merger
In accordance with the ANA Group FY2010-2011
Corporate Strategy announced on March 19, 2010, the Company will be
reorganizing its sales structure with the goal of improving its mobility
and ability to execute, while consolidating functions and streamlining
systems. By making ANA Sales, which is responsible for ANA ticket sales
in Japan and the operation of the Sky Holiday and Hallo Tours travel
businesses, a single entity, the Company hopes to shift to a management
structure which makes better use of its human resources, postulated on a
consolidation of overlapping functions and an improvement in personnel
mobility.
To view the full text version of the announcement go to -
http://www.ana.co.jp/eng/aboutana/press/index_sm.html
Company Name: ALL NIPPON AIRWAYS CO., LTD.
President and CEO: Shinichiro
Ito
(Code number: 9202, First Section of the Tokyo Stock Exchange and
Osaka Securities Exchange)
Contact:
Director, General Administration
Yasuo Tanji
(Tel. +81-3-6735-1001)
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