Crosswave Increased Its Capital to JPY 20 Billion
biz.yahoo.com
TOKYO, Feb. 28 /PRNewswire/ -- Crosswave Communications Inc. (Crosswave; headquarters: Chiyoda-ku, Tokyo, president: Koichi Suzuki) has completed its capital increase from JPY8 billion to JPY 20 billion on February 26, 2000, by allocating new shares to Internet Initiative Japan Inc. (IIJ; headquarters: Chiyoda-ku, Tokyo; president: Koichi Suzuki; Nasdaq: IIJI), Sony Corporation (headquarters: Minato-ku, Tokyo; president: Nobuyuki Idei) and Toyota Motor Corporation (headquarters: Toyoda-city, Aichi; president: Fujio Cho).
Capital Structure (As of February 26, 2000)
Number of issued stocks: 400 thousand
Capital: JPY 20 billion
Shareholders:
Internet Initiative Japan Inc. 40%
Sony Corporation 30%
Toyota Motor Corporation 30%
About Crosswave
Crosswave was established in October 1998, by Internet Initiative Japan Inc. (IIJ, Nasdaq: IIJI), Sony Corporation and Toyota Motor Corporation, in order to provide new generation network services over the Japan's first DWDM/SONET network infrastructure especially optimized for data communications.
SOURCE: Crosswave Communications |
