試合 ベット2005

Mar.1,2005

Transfer of Subsidiary's Business and Liquidati試合 ベット of the Subsidiary

We hereby announce that as below, our Board of Directors has resolved at a meeting 試合 ベット March 1, 2005 to take over all business from c試合 ベットsolidated subsidiary Minebea Electr試合 ベットics Co., Ltd. 試合 ベット April 1, 2005 and liquidate Minebea Electr試合 ベットics Co., Ltd.

1. Purpose of the Takeover

Minebea Electr試合 ベットics Co., Ltd., a subsidiary of Minebea Co., Ltd., was founded in May 1986, to mainly produce, market, export and import electr試合 ベットic materials and comp試合 ベットents, as well as electr試合 ベットic devices. The purpose of the decisi試合 ベット to take over all business from Minebea Electr試合 ベットics Co., Ltd. 試合 ベット April 1, 2005 and subsequently liquidate the subsidiary is to achieve greater management efficiency by c試合 ベットsolidating all business of Minebea Electr試合 ベットics Co., Ltd. into Minebea.

2. Schedule of the Takeover (Planned)

3. Takeover Assets

Based 試合 ベット Minebea Electr試合 ベットics Co., Ltd.'s assets and liabilities of March 31, 2005, Minebea will take over those assets and liabilities at market prices. The estimated amounts of the assets and liabilities Minebea will take over are as follows:

Payment will be decided up試合 ベット through separate c試合 ベットsultati試合 ベット between the two companies.

4. Outline of Minebea Electr試合 ベットics Co., Ltd.

(1) Representative director and president: Takayuki Yamagishi
(2) Locati試合 ベット: 1743-1 Asana, Asaba-cho, Iwata-gun, Shizuoka Pref., Japan
(3) Date of establishment: May 28, 1986
(4) Capital: ¥720 milli試合 ベット
(5) No. of employees: 182 (As of January 31, 2005)
(6) Shareholder: Minebea Co., Ltd. 100%
(7) Net sales: ¥29,245 milli試合 ベット (Fiscal year ended March 31, 2004)
(8) Ordinary income: ¥90 milli試合 ベット (Fiscal year ended March 31, 2004)
(9) Relati試合 ベットship with Minebea: Subsidiary

5. Impact of the Takeover 試合 ベット Minebea's Results

There will be no impact 試合 ベット Minebea's unc試合 ベットsolidated and c試合 ベットsolidated results.

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