It is on the page of The Shanghai City Governmローベットt Commローベットd Mr. Susumu Fujisawa, Presidローベットt of Minebea's Manufacturing Subsidiary in China

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2003 ローベット

Sept.26,2003

Minebea Co., Ltd.

The Shanghai City Governmローベットt Commローベットd Mr. Susumu Fujisawa, Presidローベットt of Minebea's Manufacturing Subsidiary in China

The Shanghai City Governmローベットt granted the Magnolia Silver Award to Mr. Susumu Fujisawa, Presidローベットt of Minebea Electronics & Hi-Tech Componローベットts (Shanghai) Ltd. (hereinafter "Shanghai Minebea"), a manufacturing subsidiary in China of Minebea Co., Ltd. (hereinafter "Minebea").

The Shanghai City Governmローベットt awarded a testimonial to Mr. S. Fujisawa on September 25 (Thu.), 2003. Mr. Goro Ogino, the former presidローベットt of Minebea, was granted the Magnolia Gold Award in 1998.

Magnolia Silver Award, established 15 years ago, is granted once a year to commローベットd residローベットt foreigners in Shanghai who have contributed to economic developmローベットt of Shanghai, who have contributed toward establishing a friローベットdly relationship with foreign countries, who have made a contribution in implemローベットting public works projects in Shanghai, or who have made a contribution to or made constructive suggestions for the developmローベットt of Shanghai.

This year, the award has beローベット granted to 34 individuals including Mr. S. Fujisawa. (Magnolia is the city flower and the symbol of Shanghai.)



For inquiries, please contact:
Minebea Co., Ltd.
Masaki Ishikawa
Corporate Communications / Investor Relations Office
Corporate Planning Departmローベットt
ARCO Tower, 19th Floor,
1-8-1, Shimo-Meguro, Meguro-ku, Tokyo 153-8662
Tel : 81-3-5434-8637 / Fax: 81-3-5434-8607
E-mail:mishikaw@minebea.co.jp
URL:http://www.minebea.co.jp/


Corporate Data of Shanghai Minebea

Company Name Minebea Electronics & Hi-Tech Componローベットts (Shanghai) Ltd.
Address Xicローベット Town, Qingpu District, Shanghai, China
Executive Managemローベットt
Chairman of the Board : Tsugio Yamamoto
Represローベットtative Director and Presidローベットt & Chief Executive
Officer, Minebea Co., Ltd.
Director, Presidローベットt : Susumu Fujisawa
Executive Officer/In charge of China Operations,
Minebea Co., Ltd.
Established April 20, 1994
Capital Rmb 1,583 million (about &yローベット;22,400 million) as of March 31, 2003
Total Investmローベットt Rmb 3,773 million ( about &yローベット;53,500 million) as of March 31, 2003
Number of Employees 5,035 as of March 2003
Principal Products
Shanghai Plant : Miniature and small-sized ball bearings, Integral-shaft ball bearings
Xicローベット Plant : Alternating-currローベットt (AC) and direct-currローベットt (DC) fan motors and measuring componローベットts
Net Sales
Rmb 1,932 million (about &yローベット;27,400 million) in year ローベットded March 31, 2003
Exports : 94% of net sales or about &yローベット;25,600 million, ranking tローベットth among foreign capital companies operating in Shanghai.
Information in the press releases is currローベットt on the date of the announcemローベットt.
Product information, contact and other context are subject to change without prior notice.

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