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2016

Mar.30, 2016

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Minebea Co., Ltd.

Notice Regarding Change in the Number of Shares Constituting One Share Unit and Partial Amendment to the Articles of Incorporation

Minebea Co., Ltd.("Minebea") hereby announces that its Board of Directors has resolved at the meeting held on Mar. 30, 2016 to change the number of shares constituting one share unit and to partially amend its Articles of Incorporation in accordance with Article 195, Paragraph 1 of the Companies Act. Details are as follows:

1. Change in the number of shares constituting one share unit

  • (1) Reasons for the change
    The Company will reduce the number of shares constituting one share unit to create a favorable environment to investment, to further increase the liquidity of the Company's shares, and to attract new individual investors. The change in the number of shares constituting one share unit is in line with Japanese stock exchanges' Action Plan for Consolidating Trading Units, which aims to unify the number trading units of common shares at 100 shares.
  • (2) Details of the change
    The number of shares constituting one share unit will be changed from 1,000 to 100.
  • (3) Scheduled effective date of the change
    May 1, 2016
    (Supplementary information) Effective on May 1, 2016, the trading unit of the Company's shares on the Tokyo Stock Exchange and Nagoya Stock Exchange will be changed from 1,000 shares to 100 shares.

2. Amendment to the Articles of Incorporation

  • (1) Reasons for the amendment
    The Articles of Incorporation will be partially changed in association with the change in the number of shares constituting one share unit as described above.
  • (2) Details of the amendment
    The Articles of Incorporation will be changed as follows.
(The underlined parts show changes.)
Current Articles of Incorporation Articles of Incorporation after the amendment

(Number of Shares Constituting One Share Unit)

(Number of Shares Constituting One Share Unit)

Article 7
The number of shares which will constitute one full unit of shares of the Company shall be one thousand (1,000).

Article 7
The number of shares which will constitute one full unit of shares of the Company shall be one hundred (100).

(Newly Established)

(Supplementary Provision)
The amendment to Article 7 shall become effective as of May.1, 2016, and this supplementary provision shall be deleted on the same date.

  • (3) Effective date of the amendment
    May 1, 2016
Company Name: Minebea Co., Ltd.
Representative: Yoshihisa Kainuma
Representative Director,
President and Chief Executive Officer
(Code No. 6479, TSE Div. No.1)
Contact: Naoyuki Kimura
General Manager
General Affairs Department
Phone: +81-(0)3-6758-6712
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.

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