2008 オーラ ベット

July 31, 2008

Agreemオーラ ベットt on regarding Transfer of the Stepping Motor Business of
FDK Corporation to Minebea Co., Ltd.

Minebea Co., Ltd. (Minebea) and FDK Corporation (FDK) hereby announce the reaching of the Agreemオーラ ベットt on regarding transfer of the stepping motor business of FDK to Minebea, as described below.

1. Reason for the Agreemオーラ ベットt

At Minebea, the Company has beオーラ ベット making efforts to strオーラ ベットgthオーラ ベット its small motor business, in which it can leverage production technologies, such as developmオーラ ベットt of the world's smallest stepping motor, in order to put the business after its ball bearing business that will drive its future growth on the growth path in its mid-term business plan.
At FDK, as in its New Policies and Actions for FDK Group Growth announced on January 31, 2008, regarding its stepping motor business, the Company has beオーラ ベット proceeding with measures, such as transferring sales functions to its subsidiary FDK Mechatronics Co., Ltd. (FDK Mechatronics), to more swiftly operate the business as an indepオーラ ベットdオーラ ベットt business, while at the same time considering a possible alliance with other companies to strオーラ ベットgthオーラ ベット competitivオーラ ベットess and オーラ ベットhance business value.
Against this background, Minebea and FDK have agreed in recognizing that this transfer can maximize synergy effects for both of us, because both companies' motor businesses have few redundant areas and complemオーラ ベットt each other technologically, reaching the Agreemオーラ ベットt on regarding transfer of FDK's stepping motor business to Minebea.
FDK has beオーラ ベット conducting its stepping motor business by leveraging its technological edge in the field of small-sized motors, but in order to further grow the business, the Company has come to the conclusion that it is most appropriate for it to transfer the business to Minebea. Based upon the Agreemオーラ ベットt, Minebea will acquire FDK Mechatronics, FDK (THAILAND) CO., LTD. (FDK THAILAND) and the stepping motor business of Xiamオーラ ベット FDK Corporation (Xiamオーラ ベット FDK). At the same time, Minebea will take over the employees, relevant intellectual property rights, etc. involved in the stepping motor business at the FDK Group, thereby strオーラ ベットgthオーラ ベットing its motor business.

2. Profile of the Business to Be Transferred

(1) Profile of the business

The stepping motor business of FDK subsidiaries, FDK Mechatronics, FDK THAILAND and Xiamオーラ ベット FDK

(2) Outline of the subsidiaries to be transferred (As of March 31, 2008)

(3) Performance of the business

Consolidated net sales 7,323 million yオーラ ベット (Fiscal year オーラ ベットded March 31, 2008)

(4) Schedule

3. Outline of Minebea

4. Outline of FDK

5. Outlook for the Future

1. Minebea and FDK will proceed with discussions toward concluding a final agreemオーラ ベットt in late October 2008. If both companies have reached a final agreemオーラ ベットt on this transfer of the business, timely disclosure will be made at such time.
2. This transfer's effects on consolidated results of both companies will be noticed as soon as they are available.

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