March 21, 2011

Advantest Donates 100 Million Yen to Northeast Japan Earthquake Victims

The following are the collection of press releases from Advantest Corporation in response to the Japan earthquake disaster:

TOKYO, JAPAN - Advantest Corporation (TSE: 6857, NYSE: ATE) announced that it incurred minimal damage from the Northeast Japan Earthquake of March 11, 2011. The company’s major domestic facilities resumed operation on Monday, March 14.

Advantest Laboratories, an R&D facility located in Sendai, sustained no serious damage, based on currently available information. The company is presently seeking to confirm the safety of employees and their families in the area. No injuries or deaths were reported among employees elsewhere in the country as of today.

The following facilities resumed operation on Monday: the Gunma Factory Gunma Factory 2, and Gunma R&D Center, in Gunma Prefecture; and the Saitama R&D Center, in Saitama Prefecture. Advantest will make every effort to minimize the impact on operations and production schedules of the rolling blackouts the country is currently experiencing.

“Friday’s earthquake was the most powerful quake to hit our nation in recorded history. Advantest extends heartfelt condolences to the families of those who perished in the earthquake and the tsunami, and to those who have lost their homes and livelihoods,” said Haruo Matsuno, president and CEO of Advantest, in a statement.

The company has set up an emergency response headquarters and task team that is continuing to investigate the situation. All steps are being taken to ensure a swift and full recovery.

Advantest Corporation also announced that it will donate 100 million yen (approximately US$1.2 million) for emergency aid to the victims of the Northeast Japan Earthquake of March 11, 2011, and for reconstruction in the affected area.

Advantest extends its sincere condolences to the survivors and the families of those who lost their lives in the earthquake.

No comments:

Post a Comment