2008
June 27, 2008
Minebea Co., Ltd.
The Company Views and Policy on Reducing the Number of Shares in One Trading Unit
1. The Company Views
The Company recognizes the important role that private investors' participation in capital markets plays in the vitalization of those markets and in the long-term value and stability of our company's share. We believe that reporting the actual state of the company through fair and forthcoming disclosure is fundamental, and we make constant efforts in investor relations.
The Company believes that reducing the number of shares in one trading unit will stimulate private investor participation in the capital markets, and that it is one effective step in improving the liquidity of its shares. However, in view of our company's current share price level, the number of shareholders and distribution of private investors, and the liquidity of our company's shares on the stock market, we believe that further study is needed regarding the reduction of the number of shares in one trading unit.
2. The Company Policy
The Company will continue to study the need for the reduction of the number of shares in one trading unit, taking into consideration the behavior of private investors in the capital market and the movement of our company's share price in a comprehensive manner, while at the same time considering "the agenda for unifying the trading unit" released by stock exchanges around the country on November 27, 2007.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Representative: | Takayuki Yamagishi Representative Director, President and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Sakae Yashiro Senior Managing Executive Officer Deputy Chief of Administration Headquarters (TEL: 81-3-5434-8611) |
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