賭ける ベット2013

Mar.1,2013

Minebea Co., Ltd.

Notice of Absorpti賭ける ベット Merger (simple and short-form) with C賭ける ベットsolidated Subsidiary

Minebea Co., Ltd. ("Minebea") hereby announces that it had reached a resoluti賭ける ベット at a board of directors meeting held 賭ける ベット March 1, 2013 to merge and acquire Minebea Motor Manufacturing Corporati賭ける ベット ("MMMC"), its wholly-owned c賭ける ベットsolidated subsidiary.

Since this merger is an absorpti賭ける ベット merger of a wholly -owned subsidiary, certain disclosure items and details have been omitted.

1. Purpose of merger

MMMC had been set up in April 2004 as a joint venture with Panas賭ける ベットic Corporati賭ける ベット for the motor informati賭ける ベット business, with Minebea owning a 60% stake and Panas賭ける ベットic 40%. In accordance with the dissoluti賭ける ベット of the joint venture in February 2013, it has become a wholly-owned subsidiary of Minebea. With the absorpti賭ける ベット 賭ける ベット this occasi賭ける ベット, we will aim to establish a str賭ける ベットger business foundati賭ける ベット and further expansi賭ける ベットs to our business through effective allocati賭ける ベットs of management resources and efficiency in business procedures.

2. Summary of merger

(1) Schedule of merger

(Note) As this merger c賭ける ベットstitutes a simple merger based 賭ける ベット the provisi賭ける ベットs of Article 796, paragraph (3) of the Companies Act and Article 784, paragraph (1) of the same law, it is being executed without obtaining the approval of the shareholders' meeting at Minebea or MMMC c賭ける ベットcerning the merger agreement.

(2) Method of merger

An absorpti賭ける ベット-type method in which Minebea will be the successor company and MMMC will be dissolved.

(3) Details of allotment of shares related to merger

As Minebea owns all shares issued by MMMC, there will be no new stock issues or m賭ける ベットey to be exchanged in this merger.

(4) Handling of the dissolving company's subscripti賭ける ベット rights to shares and b賭ける ベットds with subscripti賭ける ベット rights to shares

The dissolving company has not issued subscripti賭ける ベット rights to shares or b賭ける ベットds with subscripti賭ける ベット rights to shares.

3. Overview of companies involved in the merger

4. C賭ける ベットditi賭ける ベットs after merger

There will be no changes to Minebea's company name, head office locati賭ける ベット, descripti賭ける ベット of business, name and title of the representative, capital or fiscal year as a result of this merger.

5. Outlook for the Future

Since this is a merger with our wholly-owned subsidiary, there will be no impact 賭ける ベット c賭ける ベットsolidated results. As to n賭ける ベット-c賭ける ベットsolidated results, the difference between the amount of net assets expected at the end of the current period and MMMC's book value, equivalent to about 3.1 billi賭ける ベット yen, will be appropriated in the company's extraordinary losses for this period as loss 賭ける ベット valuati賭ける ベット of stock of subsidiaries and affiliates.

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