Japan

Company Name Description of Business
Taisei Industry Co., Ltd. Manufacture of components for water heaters, etc.
Sinwa Industry Co., Ltd. Manufacture of components for water heaters, etc.
Harman Co., Ltd. Manufacture and sales of water heaters and kitchen equipment
Kanto Sangyo Co., Ltd. Manufacture of residential system equipment
RB Corporation Manufacture of water heaters and residential system equipment
Tada-Smith Company, Ltd. Manufacture of components for kitchen equipment
S-CORE Hearts K.K. Recycling of water heaters, etc.
Noritz Jyusetsu Co., Ltd. Sales of water heaters, etc.
SBC Co., Ltd. Sales and installation of water heaters, etc.
Noritz Capital Corporation Cash management services


International

Company Name Description of Business
Noritz America Corporation Sales of water heaters in North America
Noritz (China) Co., Ltd. Management of manufacturing subsidiaries in China and sales of water heaters
Noritz (Shanghai) Home Appliance Co., Ltd. Manufacture of water heaters
Shanghai Noritz Co., Ltd. Manufacture of water heaters
Noritz Hong Kong Co., Ltd. Sales of water heaters in Hong Kong and elsewhere
Noritz Electronics (H.K.) Technology Co., Ltd. Procurement and sales of components
Dongguan Daxin Noritz Electronics Co., Ltd. Manufacture of components for water heaters, etc.
Sakura (Cayman) Co., Ltd. Holding company
Sakura China Holdings (Hong Kong) Co., Ltd. Holding company
Sakura Bath and Kitchen Products (China) Co., Ltd. Manufacture and sales of water heaters and kitchen equipment, etc.
Foshan Yingshun Bath & Kitchen Co., Ltd. Manufacture and sales of water heaters and kitchen equipment, etc.
Noritz Australia Pty Ltd Holding company
Dux Manufacturing Limited Manufacture and sales of water heaters
Warapave Pty Ltd Real estate management