Kao Corporation http://www.alacrastore.com/company-snapshot/Kao_Corporation-1009231 Saturday, October 11, 2008 9:51:53 PM 1009231 Kao Corporation en AlacraStore RSS Builder 1.0 30 JAPAN - Kao Corp acquired the entire share capital of Healthcare Committee Inc, a provider of consulting services.9/5/2008 12:36:28 PM48553742165R48553742165RKao CorpHealthcare Committee IncKao CorpHealthcare Committee Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Kao_Corp_acquires_Healthcare_Committee_Inc-2009248040sdc/20092480402009248040Copyright © 2008, Thomson Financial, All Rights ReservedTokyo 1Soaps, Cosmetics, and Personal-Care ProductsJapanSoap & other detergents, except specialty cleaners2841FFForeignPublic44522841:Soap & other detergents, except specialty cleaners2842:Specialty cleaning and polishing preparations2844:Perfumes, cosmetics, and other toilet preparations2869:Industrial organic chemicals, nec2879:Pesticides and agricultural chemicals, nec5122:Drugs, drug proprietaries, and druggists' sundries5169:Chemicals and allied products, nec2841:Soap & other detergents, except specialty cleaners2842:Specialty cleaning and polishing preparations2844:Perfumes, cosmetics, and other toilet preparations2869:Industrial organic chemicals, nec2879:Pesticides and agricultural chemicals, nec5122:Drugs, drug proprietaries, and druggists' sundries5169:Chemicals and allied products, necBusiness ServicesJapanBusiness consulting services, nec8748FFForeignPrivate3314001Mnfr whl soap,polishes,chemPvd consulting svcsUnspecifiedStock1038170001Sep 5 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003.710000.000000.00000Y30 Jun 080.00000666.239000.0000012420.5920011071.62200Japanese Yen31 Jul 0831 Jul 0831 Jul 0731 Jul 0631 Jul 0531 Jul 040.009001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.00000Kao Corp is headquartered inTokyo, Japan. The Group'sprincipal activity is tomanufacture and wholesalehousehold and industrialproducts. The operations arecarried out through thefollowing divisions: Householdproducts, Cosmetics, andIndustrial products. TheHousehold products divisionmanufactures personal careproducts, laundry products,cleaning products, householdcleaning detergents,disposable diapers andsanitary products. TheCosmetics division includesprestige cosmetics. TheIndustrial products divisionincludes oils, fats, glycerin,surface active agents, plasticadditives, fatty amines, andresins. Founded in 1940.Kao Corp is headquartered in Tokyo, Japan. The Group'sprincipal activity is to manufacture and wholesale householdand industrial products. The operations are carried outthrough the following divisions: Household products,Cosmetics, and Industrial products. The Household productsdivision manufactures personal care products, laundryproducts, cleaning products, household cleaning detergents,disposable diapers and sanitary products. The Cosmeticsdivision includes prestige cosmetics. The Industrialproducts division includes oils, fats, glycerin, surfaceactive agents, plastic additives, fatty amines, and resins.Founded in 1940.Kao Corp is headquartered in Tokyo, Japan. The Group's principal activity is to manufacture and wholesale household and industrial products. The operations are carried out through the following divisions: Household products, Cosmetics, and Industrial products. The Household products division manufactures personal care products, laundry products, cleaning products, household cleaning detergents, disposable diapers and sanitary products. The Cosmetics division includes prestige cosmetics. The Industrial products division includes oils, fats, glycerin, surface active agents, plastic additives, fatty amines, and resins. Founded in 1940.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000Healthcare Committee Inc,headquartered in Tokyo, Japan,provides consulting servicesfor insurance business. Thecompany provides healthinformation such as insurancesystem and lifestyleimprovement program to healthinsurance unions. Founded in2003.Healthcare Committee Inc, headquartered in Tokyo, Japan,provides consulting services for insurance business. Thecompany provides health information such as insurance systemand lifestyle improvement program to health insuranceunions. Founded in 2003.Healthcare Committee Inc, headquartered in Tokyo, Japan, provides consulting services for insurance business. The company provides health information such as insurance system and lifestyle improvement program to health insurance unions. Founded in 2003.0.000000.000000.000000.00000N01 Sep 08Mon, 01 Sep 2008 00:00:00 ESTDate Announced: 09/01/200801 Sep 08Date Effective: 09/01/200801 Sep 08MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.0000014615.752000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000JAPAN - Kao Corp acquired theentire share capital ofHealthcare Committee Inc, aprovider of consultingservices.JAPAN - Kao Corp acquired the entire share capital of Healthcare Committee Inc, a provider of consulting services.JAPAN - Kao Corp acquired the entire share capital of Healthcare Committee Inc, a providerof consulting services.JAPAN - Kao Corp acquired the entire share capital of Healthcare Committee Inc, a provider of consulting services.JAPAN - Kao Corp acquired the entire share capital of Healthcare Committee Inc, a provider of consulting services.Completed560227.0000070651.000001317136.000001174085.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000400.000000.000000.000000.000000.00000400.000000.000000.000000.000000.000000.000000.00000Status:CompletedY-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000008399:Social services, nec8748:Business consulting services, nec3314001Tokyo 1Japan2841ForeignPublic44528399:Social services, nec8748:Business consulting services, nec1038170001Japan8748ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/667050spcred/667050normThe latest Full Report from S&Pglobal8/24/2008 11:25:54 PM400Full Report667050JapanHousehold ProductsAsiaGlobal IssuersCorporationsConsumer ProductsHealth CareFull ReportSolid business franchise and leading market position in Japanese household products and cosmetics market Strong in R&D with innovative, high-margin products contributing substantially to profits Higher operating efficiency than peers, backed by superior marketing expertise and proprietary distribution network The ratio of interest-bearing debt to total capital is declining Overseas businesses make smaller contribution to overall earnings compared with major global peers Severe competition in mature Japanese market and bleak prospect for increase in domestic consumption Kao Corp. (Kao) maintains a solid business franchise and a leading position in several segments of the Japanese household products and cosmetics market. The acquisition of Kanebo Cosmetics Inc. (Kanebo Cosmetics) as a consolidated subsidiary in March 2006 has enabled Kao to expand itsJPN48553730301010 303010 3030 30Kao Corp. (Unsolicited Ratings)337643ASIA4452@JPFULLGLOBISSCORPConsumerHealthCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/667051spcred/667051normThe latest Summary from S&Pglobal8/24/2008 11:25:54 PM175Summary667051JapanHousehold ProductsAsiaGlobal IssuersCorporationsConsumer ProductsHealth CareSummaryKao Corp. (Kao) maintains a solid business franchise and a leading position in several segments of the Japanese household products and cosmetics market. The acquisition of Kanebo Cosmetics Inc. (Kanebo Cosmetics) as a consolidated subsidiary in March 2006 has enabled Kao to expand its cosmetics operations and enhance their contribution to overall earnings. Moreover, since Kanebo Cosmetics ranks second behind Shiseido Co. Ltd. (A+/Stable/A-1) in the Japanese cosmetics market in terms of sales and has solid brand recognition, the acquisition should enable Kao to develop a diversified and stable business portfolio in the long term. The Fabric and Home Care business, which is mostly involved in the manufacture of laundry detergents and house cleaning products, and the Human Health CareJPN48553730301010 303010 3030 30Kao Corp. (Unsolicited Ratings)337643ASIA4452@JPSUMMARYGLOBISSCORPConsumerHealthCredit & Investment ResearchS&P Credit Research