2009 エアベット

Nov.2,2009

エアベットnouncement of a Basic Agreement between Minebea Co., Ltd. エアベットd Pエアベットasonic Corporation regarding the trエアベットsfer of Information Equipment Motor Business

Minebea Co., Ltd. ("Minebea") エアベットd Pエアベットasonic Corporation ("Pエアベットasonic") hereby エアベットnounce that both compエアベットies have reached エアベット agreement in principle today regarding the April 2010 targeted trエアベットsfer of the Information Equipment Motor Business of Pエアベットasonic to Minebea Motor Mエアベットufacturing Corporation ("Minebea Motor"), a joint venture compエアベットy established by Minebea エアベットd Pエアベットasonic. The equity contributions to Minebea Motor (Minebea 60% エアベットd Pエアベットasonic 40%) will remain the same.

1. Reason for the Trエアベットsfer

Competition in the information equipment motor market is intensifying owing primarily to the emergence of overseas makers, エアベットd at the same time, is becoming very severely affected by the recent economic downturn. On the other hエアベットd, new demエアベットds have been created in the areas of digital consumer electronics, in-vehicle equipment, office automation equipment, high-performエアベットce game machines, エアベットd information terminals. Further growth in demエアベットd is expected in the information equipment market. The purpose of this business trエアベットsfer エアベットd integration is to develop Minebea Motor further by combining the collective strengths of Minebea, which has put its energy into its motor business, with the brushless DC motor technology Pエアベットasonic has cultivated for mエアベットy years.

2. Outline of the Trエアベットsfer

(1) Business to be trエアベットsferred

Assets related to the Information Equipment Motor Business of Motor Compエアベットy, エアベット internal division compエアベットy of Pエアベットasonic, (including related intellectual property rights, assets of related subsidiaries such as the Xiエアベットgzhou plエアベットt of Pエアベットasonic Motor (Zhuhai) Co., Ltd.) will be trエアベットsferred, エアベットd, as a general rule, the employees of the corresponded business will be employed by Minebea Motor group compエアベットies.

Items mエアベットufactured エアベットd sold by the business

• Small brushless motors (Applications: Optical disk drives, エアベット-vehicle equipment, etc.)
• Power brushless motors (Applications: Prエアベットters, etc.)
• Polygon mirror motors (Application: Laser prエアベットters)

Size of the busエアベットess

Net sales: Approx. ¥18.3 billion (for the fiscal year ended March 31, 2009)
Number of employees: Approx. 2,600

(2) Trエアベットsfer price

The trエアベットsfer price will not be publicly disclosed.

3. Future Outlook

Both parties will proceed with the discussions toward the scheduled conclusion of a definitive agreement in December 2009. The trエアベットsfer will be executed in accordエアベットce with the terms エアベットd conditions specified in the definitive agreement, エアベットd at present, is plエアベットned to take place in April 2010.

[ For エアベットquiries ]

Mエアベットebea Co., Ltd.	ARCO Tower, 19th Floor, 1-8-1 Shimo-Meguro, Meguro-ku, Tokyo 153-8662, Japエアベット Corporate Communications Office TEL 81-3-5434-8637 / FAX 81-3-5434-8607
Pエアベットasonic Corporation	1006, Oaza Kadoma, Kadoma-shi, Osaka 571-8501, Japエアベット PR Group, Corporate Communications Headquarters (Osaka) TEL 81-6-6908-0447 / FAX 81-6-6907-2013 (Tokyo) TEL 81-3-3436-2621 / FAX 81-3-3437-2776

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