2009

Jan.7, 2009

image:FASF

Minebea Co., Ltd.

Transfer Price of FDK Corporation's Stepping Motor Business to Minebea Co., Ltd.

We hereby notify that, with the following final transfer price, Minebea Co., Ltd. ("Minebea") and FDK Corporation ("FDK") have completed today the transfer disclosed in the "Notice regarding the Conclusion of Final Agreement on the Transfer of FDK's Stepping Motor Business to Minebea" dated October 31, 2008.

1. Transfer Price: ¥3.2 billion
2. Transfer Date: January 7, 2009

The name changes of the companies transferred are as follows:

1. Name Change of FDK Mechatronics Co., Ltd.

Old: FDK Mechatronics Co., Ltd.
New: NMB Mechatronics Co., Ltd.
Date of change: January 7, 2009

2. Name Change of FDK (Thailand) Co., Ltd.

Old: FDK (Thailand) Co., Ltd.
New: NMB Mechatronics (Thailand) Co., Ltd.
Scheduled date of change: February 1, 2009
Company Name: Minebea Co., Ltd.
Representative: Takayuki Yamagishi
Representative Director,
President and Chief Executive Officer
(Code No. 6479 TSE Div. No. 1)
Contact Person: Yasunari Kuwano
General Manager
Corporate Communications Office
Corporate Planning Division
(TEL: 81-3-5434-8637)
Information in the press releases is current on the date of the announcement.
Product information, contact and other context are subject to change without prior notice.

Back to Press Release List

Go back to top of this page