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April 4, 2008 |
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VITEC CO: JCR Withdraws BB+ Senior Debt Rating Japan Credit Rating Agency Ltd. has withdrawn its BB+/Stable rating on senior debts of the issuer at the request of Vitec Co., Ltd. Headquartered in Tokyo, Japan, Vitec Co., Ltd. -- http://www.vitec.co.jp/ -- is primarily engaged in the electronic products business. Along with its subsidiaries, the Company has three business segments. The Electronic Device segment sells electronic components to electronic equipment makers in the domestic market, as well as the overseas market. It is the sole agent of electronic components for Sony Corporation, Hynix Semiconductor Japan Inc. and Philips Electronics Japan. The Composite Business segment is engaged in the component procurement business, as well as the strategic planning, sale and production of mount assembly business. The Support segment encompasses the development of digital versatile disc (DVD) software, the design of audio-visual (AV) equipment systems, the design of hardware, as well as the development and design of composite modules. The company has 14 subsidiaries in Japan, Taiwan, China, Singapore and the United States. |
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