October 27, 2015
Nippon Avionics Co., Ltd.

Announcement
Dissolution of Consolidated Subsidiary Company

Nippon Avionics Co., Ltd. announced today that Soltec, Inc., a consolidated subsidiary company of Nippon Avionics Co., Ltd., is in the process of liquidation and shall close business as of November 30, 2015.

1. Reason of Dissolution

Soltec, Inc. has decided to dissolve after its measuring instruments business was transferred to another company.

2. Profile of Subsidiary Company Being Dissolved

Corporate Name	Soltec, Inc.
Location	12977 Arroyo Street, San Fernando, CA 91340-1548 U.S.A.
President	Minoru Hijikawa
Foundation	November 12, 1968
Capital Fund	US$25,440
Major Shareholder and stockholding ratio	Nippon Avionics Co., Ltd.; 100%

3. Date of Dissolution

November 30, 2015 (Scheduled)

4. Future Forecast

The influence on Nippon Avionics Co., Ltd. consolidated business is minor.

5. Contact for Additional Information Regarding This Announcement

Corporate Planning Department
Management Coordination Division
Nippon Avionics Co., Ltd.