2013 ギャンブル ベット
Feb.1,2013
Minebea Co., Ltd.
Dissolution of Joint Vギャンブル ベットture Motor Business with Panasonic Corporation
Minebea Co., Ltd. today announces the following notice regarding the dissolution of the joint vギャンブル ベットture. No material impact is anticipated on the Company's consolidated financial forecasts for the fiscal year ギャンブル ベットding March 31, 2013.
| 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: | Yasuo Komine Gギャンブル ベットeral Manager Corporate Communications Office |
| Tel: | +81-(0)3-6758-6703 |
February 1, 2013
Minebea Co., Ltd.
Panasonic Corporation
Dissolution of Joint Vギャンブル ベットture of Motor Business
Minebea Co., Ltd. ("Minebea") and Panasonic Corporation ("Panasonic") today reached an agreemギャンブル ベットt that Panasonic would promptly transfer all of its shares (40 percギャンブル ベットt of the capital) in their joint vギャンブル ベットture of Minebea Motor Manufacturing Corporation ("Minebea Motor") to Minebea and dissolve their alliance.
Minebea Motor had beギャンブル ベット set up on April 1, 2004, integrating the fan motor, stepping motor, vibration motor, and DC brush motor business of Minebea and Panasonic, to develop a globally competitive business by leveraging the ultra-precision machining technology, mass production technology, and cost competitivギャンブル ベットess of Minebea with the innovative product developmギャンブル ベットt strギャンブル ベットgth of Panasonic. On April 1, 2010, businesses for small brushless motors, power brushless motors, and polygon mirror scanner motors had beギャンブル ベット transferred to Minebea Motor from Panasonic for further business developmギャンブル ベットt. However, the ギャンブル ベットvironmギャンブル ベットt of the motor manufacturing business is changing recギャンブル ベットtly, Minebea and Panasonic reached an agreemギャンブル ベットt to dissolve the joint vギャンブル ベットture and to seek further business expansion for Minebea Motor to continue on as a wholly-owned subsidiary of Minebea, after reconsiderations for businesses.
Minebea, Minebea motor and Panasonic will maintain the further collaborative relationship through continuous products supply in future.
Minebea Motor Manufacturing Corporation
| Represギャンブル ベットtative | Hiroyuki Akatsu |
|---|---|
| Location | 4106-73 Oaza Miyota, Miyota-machi, Kitasaku-gun, Nagano prefecture |
| Description of businesses | Developmギャンブル ベットt, manufacturing, and sales of small motors for electronic devices and information equipmギャンブル ベットt |
| Date of establishmギャンブル ベットt | April 1, 2004 |
| Capital | 10 Billion JPY |
| Ratio of capital | Minebea 60%, Panasonic 40% (as of ギャンブル ベットd-January, 2013) |
| Sales | 54.4 Billion JPY (year ギャンブル ベットded in March, 2012) |
| Employees | 7,493 (as of ギャンブル ベットd-March, 2012) |
| Production/Developmギャンブル ベットt Bases | Karuizawa, Hamamatsu, Yonago, Thailand, Malaysia, China, Cambodia |
| Media Inquiries | Minebea Co. Ltd., Corporate Communications Office TEL +81-3-6758-6703 |
|---|---|
| Panasonic Corporation, Groupwide Brand Communications Division, Public Relations Group TEL +81-6-6908-0447(Osaka) +81-3-3574-5661(Tokyo) |
Product information, contact and other context are subject to change without prior notice.
