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.
Date
Title
Transfer of Business from SHIONO SEISAKUSHO CO., LTD. to Subsidiary of Minebea and the Conclusion of the Asset Transfer Agreement
Minebea Co., Ltd. made an announcement of "Notice regarding the Transfer of Business From SHIONO SEISAKUSHO CO., LTD. to a Newly-established Subsidiary of Minebea" on December 1, 2014 stating that Minebea will establish a new wholly-owned subsidiary to acquire the business and assets of SHIONO SEISAKUSHO CO., LTD. as a sponsor of SHIONO, which had worked with and gained support from the Small and Medium Enterprise Revitalization Support Council in Tokyo for the formulation of its revitalization plan.
Announcement of the Acquisition of Sartorius Mechatronics T&H GmbH and its subsidiaries
Minebea Co., Ltd. hereby announces that it has reached a resolution at a board of directors meeting held on December 19, 2014 and signed an agreement to acquire all the shares of Sartorius Mechatronics T&H GmbH and its subsidiaries through the companies first joint investment with Development Bank of Japan Inc.
Notice regarding Transfer of Business from SHIONO SEISAKUSHO CO., LTD. to a Newly-established Subsidiary of Minebea
Minebea Co., Ltd. hereby announces that it will establish a new wholly-owned subsidiary to acquire the business and assets of SHIONO SEISAKUSHO CO., LTD. which had worked with and gained support from the Small and Medium Enterprise Revitalization Support Council in Tokyo for the formulation of its revitalization plan. The companies will enter into an agreement for such business and asset transfer.
Announcement Regarding Liquidation of Subsidiaries
Minebea Co., Ltd. hereby announces that it has decided to liquidate three consolidated subsidiaries of Minebea, based on the resolution at a Board of Directors meeting held on September 26, 2014.
Announcement Regarding Business Transfer and Liquidation of Subsidiary
Minebea Co., Ltd. hereby announces that, at a Board of Directors meeting held on September 26, 2014, it has resolved to acquire all the business of NMB Electro Precision, Inc. a consolidated subsidiary of Minebea, and liquidate it.
Minebea Launches Ball Bearing Joint Venture in China
Minebea Co., Ltd. has announced today that its Chinese subsidiary, Minebea Electronics & Hi-Tech Components (Shanghai) Ltd. has established a ball bearing manufacturing and sales company in China's Zhejiang Province jointly with a Chinese precision bearing manufacturer, Ningbo WT Bearing Co., Ltd.. The new joint venture company is slated to start operating in early October of this year.
Subscription for Shares of JAPAN 3D DEVICES Co., Ltd. through Third Party Allotment
At the meeting of the Board of Directors held on July 31, 2014, Minebea Co., Ltd. resolved to subscribe for the new shares of JAPAN 3D DEVICES Co., Ltd., a manufacturer of high precision 3D molded thin glasses, including concave mirrors (reflectors), etc. for use in head-up displays for automobiles through third party allotment. Okamoto Glass, J3DD and Minebea have entered into the relevant agreements as of the same date.
Notice of Personnel Changes
Minebea Co., Ltd. hereby announces the executive changes decided at the Board of Directors meeting held today.
Renewal of Countermeasures to Large-Scale Acquisitions of Minebea Shares (Takeover Defense Measures)
Minebea Co., Ltd. announces that its board of directors approved the renewal of its plan for countermeasures to large-scale acquisitions of the shares in the Company at the board of directors meeting held today. The Renewal will be subject to approval by the shareholders at the Ordinary General Meeting of Shareholders of the Company to be held on June 27, 2014.
Announcement of a sale of shares of Hysonic Co., Ltd. by Minebea's subsidiary in Korea
On March 7, 2014, Minebea Co., Ltd. hereby announces that its 50.85% owned subsidiary in Korea, Moatech Co., Ltd., agreed to sell 25% stake of Hysonic Co., Ltd. to four individual investors including two management members of Hysonic. Moatech currently owns 33.58% stake of Hysonic, and 25% of which will be sold to the buyer by March 25, 2014.
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