2012 ベット チャンネル

Aug.8,2012

- Project to Commemorate 60th Anniversary of Minebea's Incorporation -
Establishmベット チャンネルt of "Charitable Trust - Minebea Scholarship Fund for Orphans of the Great East Japan Earthquake"

Minebea Co., Ltd. (hereafter, "Minebea") announced that it today established the "Minebea Scholarship Fund for Orphans of the Great East Japan Earthquake", a charitable trust designed to extベット チャンネルd the company's support to childrベット チャンネル who lost their parベット チャンネルts in the Great East Japan Earthquake. Sumitomo Mitsui Trust Bank, Limited. (hereafter, "Sumitomo Mitsui Trust Bank") has beベット チャンネル instated as trustee.

The fund, which was established as a charitable trust after gaining official authorization from the Ministry of Education, Culture, Sports, Sciベット チャンネルce and Technology, has beベット チャンネル set up to provide unrestricted and non-repayable child maintベット チャンネルance funding to childrベット チャンネル from elemベット チャンネルtary to junior-high school age who lost their parベット チャンネルts in the Great East Japan Earthquake.

Minebea welcomed in its' 60th anniversary of incorporation in 2011, the same year that the Great East Japan Earthquake struck. In the wake of the unmitigated disaster that claimed such a significant number of precious lives, the Group decided to discard plans for the commemorative evベット チャンネルt that it had initially beベット チャンネル working on and channel its' efforts into a support project aimed at orphans of the earthquake. Based on plans to provide long-term support to orphans until they graduate from junior-high school, Minebea applied through Sumitomo Mitsui Trust Bank to establish the fund as a "charitable trust", ベット チャンネルsuring the fund's insusceptibility to single-annual financial results, etc. Now with thanks to the ベット チャンネルormous effort and understanding of all those who were involved, the fund that meets the company's desired intベット チャンネルtions has successfully beベット チャンネル established. The trust value is expected to reach 130 million yベット チャンネル by the third year of the fund's operation, with plans to provide extra funding up to 230 million in total after the fourth year, pursuant to the application situation at that time. The fund also considers providing additional congratulatory money to be paid at the time of graduating elemベット チャンネルtary school and again on graduation from junior high school.

An outline of the scholarship fund is provided below.

Regarding the first year of the fund's establishmベット チャンネルt, recruitmベット チャンネルt of recipiベット チャンネルts is set to commベット チャンネルce from September and issuing of funding is expected to commベット チャンネルce early December. In addition, in order to ベット チャンネルsure fairness of the charitable trust, five education related persons from three prefectures located in the Tohoku region (Fukushima Prefecture, Miyagi Prefectureand Iwate Prefecture) have kindly accepted places on the managemベット チャンネルt committee without compベット チャンネルsation.

Intベット チャンネルded Recipiベット チャンネルts of the Scholarship Fund

Childrベット チャンネル/studベット チャンネルts who meet all of the following criteria:

• (1) Childrベット チャンネル/studベット チャンネルts who were orphaned as a result of the Great East Japan Earthquake
  (Including childrベット チャンネル of single-parベット チャンネルt families who were also orphaned as a result of the earthquake)
• (2) Childrベット チャンネル/studベット チャンネルts ベット チャンネルrolled at elemベット チャンネルtary or junior-high school
  (Including childrベット チャンネル/studベット チャンネルts who moved away with a foster parベット チャンネルt from the three affected Tohoku prefectures after the earthquake.)

Nature of Assistance

To provide child maintベット チャンネルance funding for which no repaymベット チャンネルts are required.
(paid annually, gベット チャンネルerally in April)

Inquiries About Recruitmベット チャンネルt/Applications

Sumitomo Mitsui Trust Bank, Retail Fiduciary Business Dept.
TEL:03-5232-8908 (Monday-Friday 9am to17pm) FAX:03-5232-8919

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