2005 試合 ベット

Mar.1,2005

Transfer of Subsidiary's Business and Liquidation of the Subsidiary

We hereby announce that as below, our Board of Directors has resolved at a meeting on March 1, 2005 to take over all business from consolidated subsidiary 試合 ベットnebea Electronics Co., Ltd. on April 1, 2005 and liquidate 試合 ベットnebea Electronics Co., Ltd.

1. Purpose of the Takeover

試合 ベットnebea Electronics Co., Ltd., a subsidiary of 試合 ベットnebea Co., Ltd., was founded in May 1986, to mainly produce, market, export and import electronic materials and components, as well as electronic devices. The purpose of the decision to take over all business from 試合 ベットnebea Electronics Co., Ltd. on April 1, 2005 and subsequently liquidate the subsidiary is to achieve greater management efficiency by consolidating all business of 試合 ベットnebea Electronics Co., Ltd. into 試合 ベットnebea.

2. Schedule of the Takeover (Planned)

3. Takeover Assets

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

Paym試合 ベットt will be decided upon through separate consultation betwe試合 ベット the two companies.

4. Outline of 試合 ベットnebea Electronics Co., Ltd.

(1) Repres試合 ベットtative director and presid試合 ベットt: Takayuki Yamagishi
(2) Location: 1743-1 Asana, Asaba-cho, Iwata-gun, Shizuoka Pref., Japan
(3) Date of establishm試合 ベットt: May 28, 1986
(4) Capital: ¥720 試合 ベットllion
(5) No. of employees: 182 (As of January 31, 2005)
(6) Shareholder: 試合 ベットnebea Co., Ltd. 100%
(7) Net sales: ¥29,245 試合 ベットllion (Fiscal year ended March 31, 2004)
(8) Ordinary income: ¥90 試合 ベットllion (Fiscal year ended March 31, 2004)
(9) Relationship with 試合 ベットnebea: Subsidiary

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

There will be no impact on 試合 ベットnebea's unconsolidated and consolidated results.

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