J’s Racing Statement Release

January 25, 2011

J’s Corporation co.,ltd
C.E.O Hisaaki Murakami

To all the parties concerned

This statement is prepared in response to the news “Junichi Umemoto Arrested” reported on the media.

We sincerely regret and apologize for all the trouble we caused to our customers and business acquaintance. At the same time, we earnestly hope a speedy recovery of the injured party.

As of now, we have not obtained the complete information and we are unable to report all the detail of the incident. However, it is a fact that Mr. Umemoto has been arrested and has been questioned by the police.

Upon this development, the board of directors removed Mr. Umemoto from the C.E.O and have elected Hisaaki Murakami as the replacement. The boards also have elected Mr. Masafumi Yagi as the general manager to succeed Murakami.

Starting today, with this new management, we resume the regular operation and make utmost effort to avoid the similar trouble to our customers, clients, and the business associates.

We are determined and committed to do whatever necessary to restore the trust from you.

We greatly appreciate and look forward to your continued support and patronage.

Very Sincerely,

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J’S RACING JAPAN
Phone +81-72-645-3500
Fax +81-72-645-3505
ZIP 567-0028
10-17 Hatakedacyou Ibaraki Osaka Japan
(URL) http://www.jsracing.co.jp
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It seems like J’s Racing is on it and won’t let this little mishap affect their business.

(>.<)V

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