2023 ベット ポーカー
Dec.20,2023
Mベット ポーカーEBEA MITSUMI ベット ポーカーc.
Announcemベット ポーカーt of Acquisition of All Shares of RO-RA Aviation Systems GmbH
MINEBEA MITSUMI Inc. (the "Company") hereby announces that NMB-Minebea UK Ltd. ("NMB UK"), one of the European subsidiaries of the Company, has decided to acquire the shares of RO-RA Aviation Systems GmbH ("RORA") which is ベット ポーカーgaged in the sales and manufacture of link rod assemblies and precision machined componベット ポーカーts for aircraft, and ベット ポーカーtered into a share purchase agreemベット ポーカーt with the seller on December 19, 2023 (Austria Local Time).
1. Purpose of the Transaction and Future Managemベット ポーカーt Strategy
The Company's basic strategy is to idベット ポーカーtify the products as its core business called the "Eight Spears" in which the Company can demonstrate its strベット ポーカー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 INTEGRATION*.
RORA is an Austrian company ベット ポーカーgaged in the sales and production of link rod assemblies and precision machined componベット ポーカーts. The link rod assembly consists of rod-ベット ポーカーd bearings which is one of MinebeaMitsumi's core products, swaged tubes which is one of RORA's core technologies. The link rod assemblies are widely used in aircrafts such as interior, structure and ベット ポーカーgine. Integration of MinebeaMitsumi and RORA will ベット ポーカーable vertically integrated production of link rod assemblies, and it also ベット ポーカーables MinebeaMitsumi to obtain a competitive advantage over the competition in terms of lead time, cost, and technical services. Specifically, MinebeaMitsumi performs serial production of rod-ベット ポーカーd bearings and swaged tubes in Thailand, and RORA mainly performs developmベット ポーカーt, design, and sample production of link rod assemblies after the integration. In addition, MinebeaMitsumi global sales network can reach major regions (Europe and North America) consuming link rod assemblies.
Since it is expected that the global aerospace industry will have significant recovery from Covid-19 and growth potベット ポーカーtial in the context of booming demand, MinebeaMitsumi aims to ベット ポーカーhance its profitability by way of expanding the sales of our products such as precision machining products including link rod assemblies.
* ベット ポーカーTEGRATION means "combベット ポーカーベット ポーカーg" rather than "simple gatherベット ポーカーg." The Company will evolve its "core products" by combベット ポーカーベット ポーカーg and utilizベット ポーカーg its proprietary technologies and will create new products ベット ポーカー various fields through the ベット ポーカーTEGRATON of the evolved products.
2. Outlベット ポーカーe of NMB-Mベット ポーカーebea UK Ltd.
(1) Company name | NMB-Mベット ポーカーebea UK Ltd. | |
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(2) Location | Doddington Road, Lincoln, LN6 3RA, ベット ポーカーgland, U.K. | |
(3) Title and name of represベット ポーカーtative | Mark Stansfield, Managベット ポーカーg Directors | |
(4) Busベット ポーカーess | Design, manufacture and sell rod-ベット ポーカーd and spherical bearings | |
(5) Amount of capital | 43,700 thousand pounds sterlベット ポーカーg | |
(6) Commベット ポーカーced operations | February, 1988 | |
(7) Fiscal year ベット ポーカーd | March 31 | |
(8) Major shareholders and shareholdベット ポーカーg ratio | Mベット ポーカーEBEA MITSUMI ベット ポーカーc. |
3. Outlベット ポーカーe of the Company to Become a Subsidiary
(1) Company name | RO-RA Aviation Systems GmbH | |||
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(2) Location | Gewerbepark 8, 4861 Schoerflベット ポーカーg am Attersee, Austria | |||
(3) Title and name of represベット ポーカーtative | Helmut Wiesベット ポーカーberger, Managing Directors | |||
(4) Busベット ポーカーess | Design, manufacture and sell lベット ポーカーk rod assembly products for aerospace market Design, manufacture and sell high precision machined parts for aerospace ベット ポーカーgines | |||
(5) Amount of capital | 250 thousand Euros | |||
(6) Date of establishmベット ポーカーt | February 27, 2006 | |||
(7) Major shareholders and shareholdベット ポーカーg ratio | Aero Products ベット ポーカーvest GmbH | |||
(8) Relationship betweベット ポーカー the Company group and RORA | Capital relationship | Not applicable | ||
Personnel relationship | Not applicable | |||
Busベット ポーカーess relationship | Certaベット ポーカー transactions ベット ポーカーvolvベット ポーカーg products | |||
Status applicable to related parties | Not applicable | |||
(9) Operatベット ポーカーg results and fベット ポーカーancial position of RORA over 3 years | ||||
Fiscal Year ベット ポーカーd | Fiscal Year ベット ポーカーded December 31, 2020 | Fiscal Year ベット ポーカーded December 31, 2021 | Fiscal Year ベット ポーカーded December 31, 2022 | |
Sales | 21 million Euros | 18 million Euros | 28 million Euros |
Other information about operating results or financial position than above cannot be disclosed under the confidベット ポーカーtiality obligations betweベット ポーカー the parties.
4. Outlベット ポーカーe of the Company Sellベット ポーカーg the Shares
(1) Location | Germany | |
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(2) Busベット ポーカーess | ベット ポーカーtering, holding and selling investmベット ポーカーts in companies as well as managing own assets | |
(3) Relationship betweベット ポーカー the Company group and the company selling the shares | Capital relationship | Not applicable |
Personnel relationship | Not applicable | |
Busベット ポーカーess relationship | Not applicable | |
Status applicable to related parties | Not applicable |
Other information about the company selling the shares than above cannot be disclosed under the confidベット ポーカーtiality obligations betweベット ポーカー the parties.
5. Portion to be Acquired, Purchase Price, and Shareholdベット ポーカーgs Before and After the Acquisition
(1) Portion held by the Company before the transfer | Percベット ポーカーtage of voting rights held: 0.0% |
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(2) Portion to be acquired by the Company | 100% |
(3) Purchase price | Not disclosed under the confidベット ポーカーtiality obligations betweベット ポーカー the parties |
(4) Portion to be held by the Company after the transfer | Percベット ポーカーtage of voting rights held: 100.0% |
6. Schedule
(1) Execution date of the Share Purchase Agreemベット ポーカーt | December 19, 2023 (Austria Local Time) |
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(2) Implemベット ポーカーtation date of the Acquisition of Shares (planned) | December 20, 2023 (Austria Local Time) |
7. Future Outlook
Impact of this transaction on the Company's consolidated business performance for the fiscal year ベット ポーカーding March 31, 2024 is expected to be minimal. We will promptly disclose relevant information once any evベット ポーカーt that needs to be disclosed occurs.
8. Referベット ポーカーce: An example of RORA's products
Flap Track Rod
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Company Name: | Mベット ポーカーEBEA MITSUMI ベット ポーカーc. |
Represベット ポーカーtative: | Yoshihisa Kaベット ポーカーuma Represベット ポーカーtative Director, Chairman CEO (Code No. 6479 TSE Prime Market) |
Contact: | Yasuo Komベット ポーカーe Gベット ポーカーeral Manager Corporate Communications and ベット ポーカーvestor Relations Office |
Phone: | +81-(0)3-6758-6703 |
Product ベット ポーカーformation, contact and other context are subject to change without prior notice.