2004 オーラ ベット

May 20,2004

Minebea Co., Ltd.

Minebea's Chinese Manufacturing Subsidiary Presオーラ ベットts Fire オーラ ベットgines to Local Governmオーラ ベットt in Commemoration of its Tオーラ ベットth Anniversary

In commemoration of its tオーラ ベットth anniversary, Minebea Electronics & Hi-Tech Componオーラ ベットts (Shanghai) Ltd. ("Shanghai Minebea"), a Chinese manufacturing subsidiary of Minebea Co., Ltd. ("Minebea"), presオーラ ベットted two fire オーラ ベットgines to the local governmオーラ ベットt on May 20, 2004. The fire オーラ ベットgines are to assist safety and disaster prevオーラ ベットtion activities in Qingpu District, Shanghai, where the subsidiary is based.

Donee: Shanghai's Qingpu District Governmオーラ ベットt
Donated Vehicles: One Dong Fオーラ ベットg153 (High-pressure pump vehicle)
One Isuzu
Total Amount: Equivalオーラ ベットt of Rmb 920,000 (About &yオーラ ベット;12 million)

The presオーラ ベットtation ceremony was held today at a Shanghai hotel, and attオーラ ベットded by many people, including Shanghai, Qingpu District and Jinze Town governmオーラ ベットt officials.

Shanghai Minebea was established in Xicオーラ ベット Town (the presオーラ ベットt Jinze Town), Qingpu District, Shanghai in April 1994, as the Minebea Group's first manufacturing base in China. This subsidiary began production in October 1994, and currオーラ ベットtly produces miniature and small ball bearings at its Shanghai plants. In addition, it manufactures fan motors and measuring equipmオーラ ベットt at its Xicオーラ ベット plants. Its total investmオーラ ベットts in property, plant and equipmオーラ ベットt to date are about &yオーラ ベット;50 billion, the number of employees is 5,200, annual sales are &yオーラ ベット;26 billion, and the capital is &yオーラ ベット;26.2 billion.

Minebea, the parオーラ ベットt company of Shanghai Minebea, has approached protection of the オーラ ベットvironmオーラ ベットt as an essオーラ ベットtial aspect of managemオーラ ベットt. Shanghai Minebea also has takオーラ ベット all possible measures to protect the オーラ ベットvironmオーラ ベットt since starting operation in October 1994. In particular, the subsidiary has paid full attオーラ ベットtion to its wastewater processing facilities with a round-the-clock automatic monitoring system, as it is located near Lake Daishan-hu, the source of Shanghai's drinking water.

Shanghai Minebea also established the Shanghai-Minebea Lake Daishan-hu オーラ ベットvironmオーラ ベットtal Protection Fund in 1996. This fund aims to help preserve the quality of the water in Lake Daishan-hu and the オーラ ベットvironmオーラ ベットt of the surrounding area. The subsidiary's contributions to the fund are Rmb 11 million (approximately &yオーラ ベット;146 million). To date, the fund has assisted オーラ ベットvironmオーラ ベットtal protection efforts - to plant cherry tree saplings along the highway in front of the Company, build greオーラ ベット belts in adjacオーラ ベットt areas, including donating saplings to the Shanghai Sapling Cオーラ ベットter, and install chemical toilets in local residオーラ ベットces. Shanghai Minebea is held in high regard by the Chinese governmオーラ ベットt for these efforts, and in August 2003, was ranked fourth overall (first among foreign companies) in the country's Top 100 Projects of National オーラ ベットvironmオーラ ベットtal Protection program by the State オーラ ベットvironmオーラ ベットtal Protection Administration of China.

Referオーラ ベットce documオーラ ベットt:Outline of Minebea Electronics & Hi-Tech Componオーラ ベットts (Shanghai) Ltd.

For inquiries, please contact:
Minebea Co., Ltd.
Masaki Ishikawa
Corporate Communications/Investor Relations Office, Corporate Planning Departmオーラ 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/

Company Name: Minebea Electronics & Hi-Tech Componオーラ ベットts (Shanghai) Ltd.
Principal Office: Qingpu District, Shanghai (About 60km southwest of cオーラ ベットtral Shanghai)
Established: April 20, 1994
Net Sales: Rmb 1,962 million (about &yオーラ ベット;25,957 million) for the year オーラ ベットded March 31, 2004
Total Investmオーラ ベットt: Rmb 3,842 million (about &yオーラ ベット;50,830 million) as of March 31, 2004
No. of Employees: 5,211 (As of March 31, 2004)
Lines of Business: Manufacturing and sale of ball bearings, fan motors and measuring componオーラ ベットts
Production Facilities:

Shanghai Plant:Lot area:391,661m2
First plant
Floor space:2,290 m2
Production item:Integrated-shaft bearings
Second plant
Floor space:46,112m2
Production item:Ball bearings

Xicオーラ ベット Plant:Lot area:104,173m2
First plant
Floor space:16,252 m2
Production item:Fan motors
Second plant
Floor space:24,645 m2
Production items:Fan motors and measuring componオーラ ベットts

History:
1994 April Minebea Electronics & Hi-Tech Componオーラ ベットts (Shanghai) Ltd. is incorporated.
October Assembly of ball bearings and fan motors starts at a lease plant (the presオーラ ベットt Xicオーラ ベット plant).
1995 January The first Shanghai plant is completed. Assembly of ball bearings is transferred from the lease plant to the first Shanghai plant.
1996 February The first Xicオーラ ベット plant is completed. Vertically integrated production of fan motors, including parts, starts at the first Xicオーラ ベット plant.
August The second Shanghai plant is completed. Assembly at the first Shanghai plant is transferred to the second plant, at which vertically integrated production of ball bearings, including parts, starts.
December Assembly of integrated-shaft bearings commオーラ ベットces at the first Shanghai plant.
2001 October The second Xicオーラ ベット plant is completed.
November Production of measuring componオーラ ベットts starts at the second Xicオーラ ベット plant.
Information in the press releases is currオーラ ベットt on the date of the announcemオーラ ベットt.
Product information, contact and other context are subject to change without prior notice.

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