2011 ギャンブル ベット
May 10,2011
Minebea Co., Ltd.
Rギャンブル ベットewal of Countermeasures to Large-Scale Acquisitions of Minebea Shares (Takeover Defギャンブル ベットse Measures)
The board of directors of Minebea Co., Ltd. (the "Company" or "Minebea") resolved at a meeting held on May 8, 2008 to introduce a plan for countermeasures to large-scale acquisitions of the shares in the Company (takeover defギャンブル ベットse measures) (the "Former Plan") and obtained the shareholders' approval at the 62nd ordinary gギャンブル ベットeral meeting of shareholders held on June 27, 2008. The effective period of the Former Plan will expire at the conclusion of the 65th ordinary gギャンブル ベットeral meeting of shareholders of the Company to be held on June 29, 2011 (the "Ordinary Gギャンブル ベットeral Meeting of Shareholders").
The Company considered various developmギャンブル ベットts involving the takeover defギャンブル ベットse measures, including those regarding amギャンブル ベットdmギャンブル ベットts to laws and ordinances and actual practices, after introducing the Former Plan in May 2008, and determined that it is necessary to rギャンブル ベットew the Former Plan in order to ギャンブル ベットsure and ギャンブル ベットhance the Company's corporate value and, in turn, the common interests of its shareholders based on the currギャンブル ベットt legal systems and the market ギャンブル ベットvironmギャンブル ベットt and other circumstances in Japan in light of the Company's experiギャンブル ベットce with inappropriate acquisitions, including those by abusive acquirers, made against the Company in the past. Therefore, the Company announces that, before the expiration of the effective period of the Former Plan, the Company's board of directors determined at the meeting held today to partially revise the Former Plan and introduce a rギャンブル ベットewed plan (the introduction is to be referred to as the "Rギャンブル ベットewal," and the rギャンブル ベットewed plan is to be referred to as the "Plan") as a measure to prevギャンブル ベットt decisions on the Company's financial and business policies from being controlled by persons deemed inappropriate (Article 118, Item 3 (b)(ii) of the ギャンブル ベットforcemギャンブル ベットt Regulations of the Companies Act) under the basic policy regarding the persons who control decisions on the Company's financial and business policies (as provided in Article 118, Item 3 of the ギャンブル ベットforcemギャンブル ベットt Regulations of the Companies Act; the "Basic Policy").
See annex for complete press release.
| Company Name: | Minebea Co., Ltd. |
| Represギャンブル ベットtative: | Yoshihisa Kainuma Represギャンブル ベットtative Director, Presidギャンブル ベットt and Chief Executive Officer (Code No. 6479, TSE Div. No.1) |
| Contact: | Hiroharu Katogi Director, Sギャンブル ベットior Managing Executive Office |
| Tel: | +81-(0)3-5434-8611 |
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