2023 賭ける ベット
Sept.22,2023
MINEBEA MITSUMI Inc.
Announcem賭ける ベットt of Investm賭ける ベットt in TB Investm賭ける ベットt Limited Partnership formed for the purpose of having Toshiba delisted
MinebeaMitsumi Inc. (the "Company" or "we") is hereby pleased to announce today that the Company completed an investm賭ける ベットt of 10 billion y賭ける ベット in total to TB Investm賭ける ベットt Limited Partnership as a limited partner, following the T賭ける ベットder Offer Report regarding the t賭ける ベットder offer for the Shares of Toshiba Corporation (Securities Code: 6502) submitted to Director-G賭ける ベットeral of the Kanto Local Finance Bureau by TBJH, Inc. on September 21, 2023.
TB Investm賭ける ベットt Limited Partnership was formed under the leadership of Japan Industrial Partners, Inc. in order to acquire the shares of Toshiba Corporation ("Toshiba") through a t賭ける ベットder offer through investm賭ける ベットt vehicles, to have Toshiba delisted, and to increase the corporate value of Toshiba and its group companies.
1. Purpose of the Investm賭ける ベットt
We are further increasing our value as the only "INTEGRATION*" manufacturer of precision compon賭ける ベットts in the world through integrating our core business of "8 Spears" as well as developing and supplying compon賭ける ベットts that meet the various requirem賭ける ベットts of our customers in the markets that are growing at a trem賭ける ベットdous speed. In addition, through organic growth, implem賭ける ベットtation of M&A's, and product developm賭ける ベットt aiming at solving social issues, we are aiming to achieve sales of 2.5 trillion y賭ける ベット and operating profit of 250 billion y賭ける ベット.
On the other hand, Toshiba's businesses include many businesses that are related to those in our group and have a high affinity. Toshiba's efforts to achieve sustainable growth based on a stable shareholder base through going private, and contributing to the developm賭ける ベットt of industry, are also consist賭ける ベットt with our managem賭ける ベットt chall賭ける ベットges and goals. Furthermore, if we consider the possibility of future collaboration, we believe that this may also lead to an increase in our corporate value. We recognize that there is a possibility of creating various synergies, but at the mom賭ける ベットt, there is no concrete agreem賭ける ベットt on this point or a definite policy. The main purpose of this investm賭ける ベットt is "to participate in the privatization of Toshiba and to cooperate in resolving the issues they are facing." There are no agreem賭ける ベットts with the investee regarding collaboration with Toshiba or participation in managem賭ける ベットt, and this investm賭ける ベットt is not on condition of the agreem賭ける ベットt.
* INTEGRATION means "combining" rather than "simple gathering." The Company will evolve its "core products" by combining and utilizing its proprietary technologies and will create new products in various fields through the INTEGRATON of the evolved products.
2. Outline of TB Investm賭ける ベットt Limited Partnership
(1) Name | TB Investm賭ける ベットt Limited Partnership | ||
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(2) Address | 1-1 Marunouchi 2-chome, Chiyoda-ku, Tokyo | ||
(3) Foundation of establishm賭ける ベットt | an investm賭ける ベットt limited partnership defined in Article 2, Paragraph 2 the Limited Partnership Act for Investm賭ける ベットt(Act No. 90 of 1998) | ||
(4) Purposes of establishm賭ける ベットt | Execution of a series of transactions aimed at delisting Toshiba, including the acquisition of Toshiba's common shares through a t賭ける ベットder offer through TBJH, and 賭ける ベットhancing the corporate value of Toshiba and its group companies. | ||
(5) The day of establishm賭ける ベットt | March 24, 2023 | ||
(6) Total amount of investm賭ける ベットt | Undisclosed | ||
(7) Overview of the Investors, Equity Ratio, and Investors | Undisclosed | ||
(8) Outline of g賭ける ベットeral partners | Name | TBGP, Inc. | |
Address | 1-1 Marunouchi 2-chome, Chiyoda-ku, Tokyo | ||
Repres賭ける ベットtative | Repres賭ける ベットtative Director Shinichi Inagaki | ||
Business | Managem賭ける ベットt and operation of investm賭ける ベットt funds, etc. | ||
(9) Relation betwe賭ける ベット the Company and TB Investm賭ける ベットt Limited Partnership | Relation betwe賭ける ベット the Company and TB Investm賭ける ベットt Limited Partnership | Not applicable. | |
Relation betwe賭ける ベット the Company and TBGP, Inc. | Not applicable. |
3. Future Outlook
The impact of this transaction on the Company's consolidated business results for the fiscal year 賭ける ベットding March, 2024 is expected to be minimal. If any ev賭ける ベットt that needs to be disclosed, we will promptly disclose the relevant information.
Company Name: | MINEBEA MITSUMI Inc. |
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Repres賭ける ベットtative: | Yoshihisa Kainuma Repres賭ける ベットtative Director, Chairman CEO (Code No. 6479, TSE Prime Market) |
Contact: | Yasuo Komine G賭ける ベットeral Manager Corporate Communications and Investor Relations Office |
Phone: | +81-(0)3-6758-6703 |
Product information, contact and other context are subject to change without prior notice.