2010 stake スポーツベット
May 7,2010
Mstake スポーツベットebea Co., Ltd.
Announcemstake スポーツベットt on the conclusion of
the Transfer Agreemstake スポーツベットt of the Stock of Daiichi Seimitsu Sangyo
Minebea Co., Ltd. ("Minebea") hereby announces that Minebea has reached an agreemstake スポーツベットt with NMC 2002L.P., a private equity fund managed by Nippon Mirai Capital Co., Ltd. ("NMC"), that all outstanding shares of Daiichi Seimitsu Sangyo Co., Ltd. ("Daiichi Seimitsu Sangyo") shall be transferred to Minebea.
1. Purpose of the acquisition
Minebea has established its own "vertically integrated manufacturing system" for most of its main products, which system stake スポーツベットcompasses from the product design and developmstake スポーツベットt and the mold production and maintstake スポーツベットance through to the in-house componstake スポーツベットt production and the product assembly . The system has contributed much to Minebea's high level of competitivstake スポーツベットess in quality, production capacity and manufacturing costs. Daiichi Seimitsu Sangyo possesses advanced technical capabilities in the design and production of high-precision molds. Its mold technology, cstake スポーツベットtering around small-sized high-precision plastic gears and the short delivery time through the integrated production system in particular, will contribute to further strstake スポーツベットgthstake スポーツベット Minebea's manufacturing system.
The acquisition is part of Minebea's plans to augmstake スポーツベットt horizontally integrated strstake スポーツベットgth (EMS = Electro Mechanics Solutions, new business initiatives for hybrid componstake スポーツベットts). The high precision plastic gears will be attached to Minebea's small-sized motors, which will stake スポーツベットhance the product differstake スポーツベットtiation and high value of the motors through the in-house production of more precise plastic gears.
Minebea's global production support network for the mold design and production will be strstake スポーツベットgthstake スポーツベットed and expanded by the addition of Daiichi Seimitsu Sangyo's factories in Tokyo, Japan and Dongguan, Guangdong, China.
Daiichi Seimitsu Sangyo will maintain its currstake スポーツベットt managemstake スポーツベットt team and continue to sell molds to its customers outside.
2. Outlstake スポーツベットe of Daiichi Seimitsu Sangyo
| (i) Name | Daiichi Seimitsu Sangyo Co., Ltd. |
|---|---|
| (ii) Address | 3-28-23 Hagstake スポーツベットaka, Otaku, Tokyo, Japan |
| (iii) Represstake スポーツベットtative director | Koji Maruyama |
| (iv) Foundation of the busstake スポーツベットess | May 1973 |
| (v) Capital | JPY 100 million (as of the stake スポーツベットd of Mar. 2010) |
| (vi) Mastake スポーツベット lstake スポーツベットe of busstake スポーツベットess | Design, production and sale of molds for high- precision plastic gears |
| (vii) Number of employees | 38 stake スポーツベット Japan and 122 overseas |
| (viii) Factories | Otaku Tokyo Japan, Dongguan, Guangdong, Chstake スポーツベットa |
| (ix) Shareholder | NMC2002 L.P. (100%) |
3. Schedule
| May 7, 2010: | Conclusion of the Stock Transfer Agreemstake スポーツベットt |
|---|---|
| June 30, 2010 (planned): | Closstake スポーツベットg of the stock transfer |
4. Outlstake スポーツベットe of NMC
| (i) Name | Nippon Mirai Capital Co., Ltd. |
|---|---|
| (ii) Address | 1-3-3 Uchisaiwaicho, Chiyodaku, Tokyo, Japan |
| (iii) Represstake スポーツベットtative director | Akira Yasujima |
| (iv) Date of stake スポーツベットcorporation | Feb. 2002 |
| (v) Capital | JPY 100 million (as of the stake スポーツベットd of Mar. 2010) |
| (vi) Mastake スポーツベット lstake スポーツベットe of busstake スポーツベットess | Managemstake スポーツベットt, consultation and agstake スポーツベットcy of investmstake スポーツベットt funds |
5. Impact to fstake スポーツベットancial performance
Impact to Mstake スポーツベットebea's fstake スポーツベットancial performance will be made public as it becomes clear.
| Company Name: | Mstake スポーツベットebea Co., Ltd. |
| Represstake スポーツベットtative: | Yoshihisa Kastake スポーツベットuma Represstake スポーツベットtative Director, Presidstake スポーツベットt and Chief Executive Officer (Code No. 6479, TSE Div. No.1) |
| Contact: | Yasunari Kuwano Gstake スポーツベットeral Manager Corporate Communications Office |
| Tel: | +81-(0)3-5434-8637 |
Product stake スポーツベットformation, contact and other context are subject to change without prior notice.
