MEISEI INDUSTRIAL Co., Ltd. is mainly engaged in the operation of construction business and boiler business. The Company operates in two business segments. The Construction Work segment is engaged in the manufacture of materials, as well as the construction of thermal insulation works, the building materials works (clean room) and the refrigeration equipment works. The Boiler segment is engaged in the manufacture, sale and installation of boilers and industrial machinery and equipment. As of March 31, 2014, the Company had 13 consolidated subsidiaries.