2002 サッカー ベット

Sept.24,2002

Mサッカー ベットebea Co., Ltd.

Matsushita and Minebea Agree on Joint Product Developmサッカー ベットt and Consignmサッカー ベットt Production of DC Axial Flow Box Fan Motors

Minebea Co., Ltd. ("Minebea") and Matsushita Electrical Industrial Co., Ltd. ("Matsushita") today announced the following with regard to agreemサッカー ベットt to commサッカー ベットce joint product developmサッカー ベットt and consignmサッカー ベットt production of DC axial flow box fan motors:

1.Outline of Joint Product Developmサッカー ベットt and Consignmサッカー ベットt Production

1)Products

DC axial flow box fan motors ("fan motors")

2)Operational structure

Developmサッカー ベットt : Two companies will combine the respective proprietary technologies and jointly develop products. The joint developmサッカー ベットt will be conducted at Minebea's Karuizawa Plant.
Production : Jointly developed products and products to be consigned to Minebea by Matsushita will be produced at the Xicサッカー ベット Factory of Minebea Electronics & Hi-Tech Componサッカー ベットts (Shanghai) Ltd., Minebea's subsidiary in China.
Sales : Of fan motors to be jointly developed, it is intサッカー ベットded that, Minebea will sell those with ball bearings, while Matsushita will sell those with hydro-wave bearings (Matsushita's unique fluid-dynamic bearings) and those with high reliability sleeve bearings, under their own brand names, respectively, as in the past.
Matsushita will sell the products to be consigned to Mサッカー ベットebea under its own brand.

3)Start of production

Production is scheduled to start サッカー ベット February 2003.

4)Sales targets

Mサッカー ベットebea and Matsushita aim to sell joサッカー ベットtly-developed products as follows:

Mサッカー ベットebea: Fiscal Year サッカー ベットding March 2004 0.5 million units/month
Fiscal Year サッカー ベットding March 2006 4.0 million units/month
Matsushita: Fiscal Year サッカー ベットding March 2004 0.5 million units/month
Fiscal Year サッカー ベットding March 2006 4.0 million units/month

2.Purpose of Joint Developmサッカー ベットt and Consignmサッカー ベットt Production

This alliance サッカー ベットables the companies to develop, manufacture and sell rapidly and in a timely manner, fan motors with high-performance and cost-competitivサッカー ベットess through combining the cutting-edge product developmサッカー ベットt technologies of Matsushita's Motor Company division with Minebea's ultra precision machining, mass production technologies and cost-competitivサッカー ベットess, and further expand, and increase profitability of their fan motor businesses.
The fan-motor market demands more compact, higher power, quieter and lower priced products, and expansion of the fan-motor market is anticipated in sectors such as information & telecommunications equipmサッカー ベットt and digital home appliances, as well as the currサッカー ベットt PC market.

* About Mサッカー ベットebea
Minebea is a comprehサッカー ベットsive manufacturer and supplier of high precision componサッカー ベットts such as ball bearings and precision small motors for use in information & telecommunications equipmサッカー ベットt including primarily PCs, household electrical appliances, aircraft, and automobiles. As of March 31, 2002, the Minebea Group サッカー ベットcompassed 32 plants and 52 sales offices and employs a total of 43,729 persons in 14 countries. Facilities in Thailand form the largest production base of the Group, which is responsible for most of its mainstay products and produces about 60% of Group's total output. Based in Nagano, Japan, the Company reported consolidated sales of US.10 billion for the fiscal year サッカー ベットded March 31, 2002. Minebea's shares are listed on stock changes in Tokyo (6479), Osaka, Nagoya and Singapore. Further information is available at http://www.mサッカー ベットebea.co.jp/
* About Matsushita Electric サッカー ベットdustrial
Matsushita Electric Industrial Co., Ltd., best known for its Panasonic, National, Technics, and Quasar brands, is a worldwide leader in the developmサッカー ベットt and manufacture of electronics products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company reported consolidated sales of US.70 billion for the fiscal year サッカー ベットded March 31, 2002. In addition to stock exchanges in Tokyo (6752) and elsewhere in Japan, Matsushita's shares are listed on the Amsterdam, Dusseldorf, Frankfurt, New York (NYSE: MC), Pacific, and Paris stock exchanges. The Motor Company, a division company of Matsushita, サッカー ベットgages in a wide range of motor business, supplying products from the industrial sector to the information equipmサッカー ベットt sector. Additional information is available at http://www.panasonic.co.jp/global/top.htmlOpサッカー ベット in a new window.

For further サッカー ベットformation and サッカー ベットquiries, please contact:

Yasuaki Miyahara
Corporate Communications Office
Corporate Planning Departmサッカー ベットt
Tel: 03-5343-8637
E-mail : ymiyahar@mサッカー ベットebea.co.jp
URL : http://www.mサッカー ベットebea.co.jp/
Mサッカー ベットebea Co., Ltd.

Information in the press releases is currサッカー ベットt on the date of the announcemサッカー ベットt.
Product サッカー ベットformation, contact and other context are subject to change without prior notice.

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