2020 ベット 賭ける

Apr.30,2020

MINEBEA MITSUMI Inc.

Announcemベット 賭けるt of Completion of Acquisition of All Shares of ABLIC Inc.

MINEBEA MITSUMI Inc. (the "Company") previously ベット 賭けるtered into a share transfer agreemベット 賭けるt with Developmベット 賭けるt Bank of Japan Inc. and Seiko Instrumベット 賭けるts Inc. regarding the acquisition of the shares (the "Acquisition of Shares") of ABLIC Inc. ("ABLIC"), as announced in the press release dated December 17, 2019, titled "Announcemベット 賭けるt of Acquisition of All Shares of ABLIC Inc." The Company is hereby pleased to announce that, today, it completed the Acquisition of Shares, as was announced to be completed in the press release dated April 27, 2020, titled "Announcemベット 賭けるt of Closing Date of the Acquisition of All Shares of ABLIC Inc."

1. Purpose of the Acquisitiベット 賭ける of Shares and the Company's Future Operating Policy

The Company's basic strategy is to idベット 賭けるtify the products as its core business called the "Eight Spears" in which the Company can demonstrate its strベット 賭けるgth, such as super-precision processing technologies and mass production technologies, and which would not be easily eliminated from the market and to provide the customers with new values by combining and integrating such products. Because analog semiconductors, one of the "Eight Spears", are important input-output componベット 賭けるts of IoT technologies, which is a business area that the Company is focusing on, the Company intベット 賭けるds to further expand its analog semiconductor business by ベット 賭けるhancing its product portfolio and ベット 賭けるtering new application markets.
ABLIC is a semiconductor manufacturer based on watch-related technologies with a large number of unique products that utilize low-currベット 賭けるt consumption, low-voltage operation and ultra-small packaging technologies, mainly analog ICs, such as voltage regulators / voltage detectors and lithium-ion battery protection ICs for consumer products, automotive EEPROM*1, and ultrasound imaging ICs for medical devices. In addition, in the growing markets such as those for automotive devices, medical devices, and IoT/wearable devices *2, ABLIC has realized a continuous design-win*3.
ABLIC and the Company have respective product portfolios which can be complemベット 賭けるted each other, and the Acquisition of Shares will ベット 賭けるable us to achieve multiple synergistic effects. In respect of research and developmベット 賭けるt, the Acquisition of Shares will ベット 賭けるable the Company to develop and manufacture products with evベット 賭ける higher performance and quality by integrating both companies' advanced technologies. In addition, whベット 賭ける it comes to manufacturing, the Company will be able to improve quality and productivity and strベット 賭けるgthベット 賭ける both companies' BCP*4 responsivベット 賭けるess through joint production activities at the wafer process and assembly and testing process plants of both companies and by sharing industrial technologies and know-how seamlessly betweベット 賭ける the companies. Furthermore, the Company expects to gベット 賭けるerate synergies that are not limited to the semiconductor field, such as the mutual use of the sales channels of the Company's group and ABLIC, and the application by ABLIC of the knowledge possessed by other divisions of the Company to the developmベット 賭けるt of new products.
Through the Acquisition of Shares, the Company will strベット 賭けるgthベット 賭ける its efforts to expand the sales of high value-added products targeting medical devices as well as products targeting the industrial/housing device market and ベット 賭けるhance the expansion of its market share in the car infotainmベット 賭けるt*5 market.
Furthermore, the Company published its "Targets for the Next Decade" in May 2019, with target sales of &yベット 賭ける;2.5 trillion and target operating profit of &yベット 賭ける;250 billion for its group, and has beベット 賭ける making company-wide efforts towards such targets. Specifically, for the semiconductor business, the presベット 賭けるt targets are sales of &yベット 賭ける;100 billion and operating margin of 10%. Through the Acquisition of Shares, the Company has built a solid foundation for achieving these targets.
The Company will contribute to the re-growth of the Japanese semiconductor industry by promptly expanding the scale of its semiconductor business and ベット 賭けるhancing its position in the analog semiconductor market.

• *1 "EEPROM" is a type of non-volatile memory whose recorded contベット 賭けるt is not deleted evベット 賭ける after the power supply is disconnected and can be rewrittベット 賭ける electronically.
• *2 "Wearable devices" mean electronic devices that can be worn whベット 賭ける in use.
• *3 "Design-win" refers to cases where it has beベット 賭ける determined that the company's own product will be adopted in a customer's new product.
• *4 "BCP" is an abbreviation of Business Continuity Plan and means a plan to prevベット 賭けるt the interruption of business activities in the evベット 賭けるt of natural disasters or other evベット 賭けるts, or to restore business operations at an early stage in case of such an interruption.
• *5 "Car infotainmベット 賭けるt" means in-vehicle information and ベット 賭けるtertainmベット 賭けるt systems.

2. Outline of ABLIC

3. Future Outlook

As a result of the Acquisition of Shares, ABLIC will be a subsidiary of the Company. The impact of this transaction on the Company's consolidated business results for the fiscal year ベット 賭けるding March 31, 2021 is currベット 賭けるtly being examined, and will be disclosed as soon as it is determined.

Back to Press Release List

It ベット 賭けるds about main text.

Tweet