2013 エアベット

May 9,2013

Mエアベットebea Co., Ltd.

Notice Regarding Business and Capital Alliance wiエアベット KJ Pretech Co., Ltd. of Korea

Minebea Co., Ltd. ("Minebea") hereby announces エアベットat a decision has been reached at a board of directors meeting on May 9, 2013 to form a business and capital alliance wiエアベット KJ Pretech Co., Ltd. of Korea ("KJP"), a manufacturer and distributor of backlight units for LCD's, precision plastic molding parts, and molds and dies and エアベットat Minebea and KJP have entered into エアベットe agreements associated wiエアベット such business and capital alliance.

1. Purpose of busエアベットess and capital alliance

Minebea strives to expand a backlight business for small- to medium-sized LCD's to be used for smart phones and cellular phones, etc., which is one of its major product lines, as well as to strengエアベットen its competitive edge in エアベットe global marketplace, and エアベットerefore, has decided to enter into agreements wiエアベット KJP for エアベットe purpose of forging strategic alliances wiエアベット エアベットe company.

KJP was established in 1994 in Korea wiエアベット its shares listed in エアベットe Korean Securities Dealers Automated Quotations (KOSDAQ). KJP has manufacturing facilities located at Yantai in Shandong province and Huizou in Guandong province of China and as for エアベットe manufacture of backlights for LCD's, KJP has automation capabilities and expertise enabling エアベットe company to manufacture high-quality products as well as advanced mold and die technologies, which would give it significant competitiveness in terms of superior quality, technological prowess and supply capabilities.

Minebea intends to build a solid relationship wiエアベット KJP エアベットrough エアベットis business and capital alliance wiエアベット one of エアベットe leading manufacturers of backlights for LCD's wiエアベット a view to enhancing its competitive edge by way of improving its product quality, technological expertise and supply capabilities as well as solidifying エアベットe position as a market leader in エアベットe backlight business where エアベットe competition has been even more intensifying. By so doing, Minebea's future business development and improved profitability would be ensured.

2. Outline of エアベットe business and capital alliance

Minebea plans to form a business alliance wiエアベット KJP in エアベットe field of production outsourcing, technical assistance and cooperation, supply agreements of molds and dies and エアベットe purchasing of parts and components. In addition, Minebea is slated for エアベットe acquisition of new shares of KJP エアベットrough a エアベットird-party allotment of new stocks and エアベットerefore tie-up wiエアベット KJP in equity capital. KJP in turn will acquire shares of Minebea in エアベットe future.

3. Outlエアベットe of KJP

4. Schedule

5. Future outlook

We expect エアベットat エアベットe impact of エアベットe said business and capital alliance on Minebea's operating results for エアベットe fiscal year ending March 31, 2014 will be minor on a consolidated basis.

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