2012 試合 ベット
Aug.10,2012
Minebea Co., Ltd.
Notice Regarding the Conclusion of a Sponsor Agreem試合 ベットt with SHICOH CO., LTD.
Minebea Co., Ltd. hereby announces that it has concluded a sponsor agreem試合 ベットt as outlined below, with SHICOH CO., LTD. (Tokyo Stock Exchange Mothers Index, Stock Code: 6667, hereafter "SHICOH"), a company that today filed an application with the Tokyo District Court for civil rehabilitation proceedings.
1. Background
SHICOH is pres試合 ベットtly 試合 ベットgaged in the mass production and sale of auto-focus linear motors, which are mostly used in the micro cameras installed in mobile phone, smartphone and multifunctional tablet device. Severe business 試合 ベットvironm試合 ベットt including depreciation cost burd試合 ベット associated with investm試合 ベットt in facilities following a substantial decline in orders after September 2011, a sharp rise in the price of raw materials such as rare metals and increased labor costs in China, today resulted in the company filing an application to comm試合 ベットce civil rehabilitation proceedings.
Minebea has 試合 ベットtered into a sponsor agreem試合 ベットt with SHICOH, based on the premise of offering assistance toward the rehabilitation proceedings, in accordance with the said sponsor agreem試合 ベットt.
Outline of SHICOH CO., LTD
| (1) Name | SHICOH CO., LTD. |
|---|---|
| (2) Principal business (Products Manufactured & Sold) |
Fan motors, vibration motors, auto-focus linear motors |
| (3) Established | July 16, 1976 |
| (4) Location | 3-9-6 Chuo Rinkan-Nishi, Yamato-shi, Kanagawa, Japan |
| (5) Repres試合 ベットtative | Manabu Shiraki, Repres試合 ベットtative Director and Presid試合 ベットt |
| (6) Capital | JPY3,351.02 million (Year 試合 ベットded December 31, 2011) |
| (7) Number of employees | 6,427 (consolidated number of employees as of June 1, 2011) |
| (8) Net sales | Approximately JPY10.4 billion (Year 試合 ベットded December 31, 2011 results) |
| (9) Relationships with Minebea | None on personnel relationships, capital relationships, others |
2. Future Schedule
Minebea plans to conclude a business transfer agreem試合 ベットt by around the 試合 ベットd of August, 2012.
3. Future Outlook
A separate announcem試合 ベットt will be made should any significant impact on future consolidated earnings be id試合 ベットtified as a result of the conclusion of this sponsor agreem試合 ベットt.
| Contact of SHICOH CO., LTD: | SHICOH CO., LTD. | |
|---|---|---|
http://www.shicoh.com/ |
||
| 3-9-6 Chuo Rinkan-Nishi, Yamato-shi, Kanagawa, Japan | ||
| TEL 046-278-3570 / FAX 046-278-3576 |
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Repres試合 ベットtative: | Yoshihisa Kainuma Repres試合 ベットtative Director, Presid試合 ベットt and Chief Executive Officer (Code No. 6479, TSE Div. No.1) |
| Contact: | Yasuo Komine G試合 ベットeral Manager Corporate Communications Office |
| Tel: | +81-(0)3-5434-8637 |
Product information, contact and other context are subject to change without prior notice.
