Date Event Capitalization (Thousands of yen) 1907 May Kanagawa Electric Limited is founded, and begins operations as a seller of electric machinery part and as an electrical contractor   1911 Apr. Opening of the Osaka branch office   1912 Dec. InCorporated as Kanagawa Electric Co., Ltd. 500 1917 Aug. Opening of the Moji branch office   1919 May Merger with Tokyo Iron and Steel, Inc. 1,000 1922 May Mitsubishi Electric Fans sold through the Mitsubishi Corporation   1925 Jan. Agency contract concluded with the Mitsubishi Corporation machinery department to distribute Mitsubishi Electric Corporation products   1929 Apr. Opening of the Sendai field office 1937 June Moji branch office is moved to Kokura and renamed 1951 Apr. Distribution contract concluded between Yokogawa Electric Works, Ltd. (currently Yokogawa Electric, Inc.) and our Osaka branch office (currently Kansai district office) 10,000 1953 Aug. Distribution contract concluded with Mitsubishi Electric   1957 June Sendai field office upgraded to a branch office 1962 Mar. Distribution contract concluded with Mitsubishi Electric (revision of agent contract) 100,000 1963 Feb. Kokura branch office is renamed Kitakyushu branch office 1963 Mar. Opening of the Nagoya field office 1963 May Listing on the Second Section of the Tokyo Stock Exchange 160,000 1969 Sept. Opening of the Fukuoka field office 1970 Feb. "Kanaden" registered as a trademark 1970 May Nagoya field office upgraded to sales office 1970 July Fukuoka office upgraded to field office 1970 Oct. Household Electric Goods Division of Mitsubishi Electric spun off as a separate company following a reorganization of sales outlets   1971 May Agent contract concluded with Japan Aviation Electronics Industry, Limited   1972 Sept. New Kitakyushu branch office building completed, business transferred (currently the Kyushu branch office)   1973 Oct. Fukuoka field office upgraded to sales office 200,000 1974 Apr. Nagoya sales office upgraded to branch office (currently the Chubu branch office) 300,000 1975 May Introduction of annual settlement of accounts and interim cash dividend distribution system in accordance with revision of the commercial code 400,000 1978 Apr. Opening of the Shiga field office 500,000 1979 Apr. Establishment of the subsidiary Tohoku Kanaden Electrical Services Co., Inc. (currently Tohoku Kanaden Telecom Engineering Corporation)   1980 Apr. Shiga field office upgraded to sales office   1980 Oct. Kanagawa sales office opened within the Corporate headquarters New Sendai branch office building completed, business transferred (currently the Tohoku branch office) 600,000 1981 Mar. Capital increased by new shares issued at market price in a public offering Kanagawa sales office moved to the city of Yamato in Kanagawa 660,000 1983 Apr. Opening of the Nagano sales office 726,000 1983 June Establishment of the affiliated company Ryoushin Electrical Engineering Corporation through a joint venture with East Japan Mitsubishi Plant Service, Inc.   1984 Apr. Basic contract concluded with Mitsubishi Electric   1984 Nov. Opening of the Kita-Kanto sales office   1985 Mar. Capital increased by new shares issued at market price in a public offering 1,452,000 1987 Feb. Completion of the Kanaden Daimon Annex and relocation of headquarters   1987 Aug. Capital increased by new shares issued at market price in a public offering 2,343,000 1988 Aug. Kanagawa sales office is relocated to the city of Yokohama   1988 Oct. Kanagawa sales office is upgraded to branch office Establishment of the subsidiary Kanaden Supply Corporation   1988 Nov. Completion of the Kanaden Building (Main Bldg.) and relocation of headquarters   1989 July Opening of the Yamanashi sales office   1989 Sept. Listing on the First Section of the Tokyo Stock Exchange   1989 Nov. Establishment of the subsidiary Kanaden Reinetu Corporation   1990 Jan. Issuance of convertible bonds denominated in Swiss francs (SFr 70 million)   1990 Mar. Capital increased by new shares issued at market price in a public offering 2,671,115 1990 Apr. Kita-Kanto sales office upgraded to branch office   1990 Sept. Capital increased through the converting of convertible bonds to shares 5,310,405 1990 Oct. Name changed to Kanaden Corporation   1990 Nov. Establishment of representative offices in Hong Kong and Singapore   1990 Dec. Establishment of the subsidiary Kanatech Co., Ltd.   1991 Apr. Higashi-Kanto branch office opened in the city of Chiba, and the Kashiwa sales office renamed as the Kashiwa detached office of this branch Establishment of affiliate offices in Hong Kong and Singapore Capital increased through the converting of convertible bonds to shares 5,317,590 1991 May Capital increased through the converting of convertible bonds to shares 5,319,985 1991 June Issuance of warrant-bearing bonds denominated in German deutsche marks (DM 50 million) Capital increased through the converting of convertible bonds to shares 5,537,930 1991 July Capital increased through the converting of convertible bonds to shares 5,576,250 1992 Apr. Establishment of the subsidiary Techno-Create Inc.   1992 July Listing on the First Section of the Osaka Stock Exchange   1993 Mar. Higashi-Kanto branch office consolidated in the city of Kashiwa   1994 Oct. Establishment of the subsidiary Kanaden Telesys Corporation   1995 Apr. Establishment of the subsidiary Kanaden Telecom Engineering Corporation   1998 Dec. LPG Brain Corporation made a subsidiary   2001 Apr. Establishment of the subsidiary Kanaden Techno Engineering Corporation   2001 Oct. ISO 14001 certification obtained   2002 July Establishment of representative office in China   2003 Apr Opening of the Shonandai sales office   2004 Oct. Opening of the Kansai sales office ISO9001 certification obtained   2005 Mar. Opening of the Shizuoka sales office   2006 Apr. Opening of the Oita sales office Kanaden Brain Corporation is established as a result of merger of Kanatech Co., Ltd. and LPG Brain Corporation   2009 Dec. Delisting from the Osaka Stock Exchange