2019

June 13, 2019

image:FASF

MINEBEA MITSUMI Inc.

Notice of Change in Specified Subsidiary

MINEBEA MITSUMI Inc. (the "Company") hereby announces the following change in a specified subsidiary.

Description

1. Reason for the Change

The Company made a capital increase to MINEBEA (CAMBODIA) Co. Ltd., which are a wholly owned consolidated subsidiary of the Company, in order to stabilize working capital in preparation for business expansion and aggressive capital investments. As a result, the capital amount of the said subsidiary became 10 percent or more of the total capital of the Company. Therefore, the subsidiary now corresponds to a specified subsidiary.

2. Outline of the Company

(1) Company Name MINEBEA (CAMBODIA) Co., Ltd.
(2) Address Phnom Penh Special Economic Zone, National Road 4, Sangkat Phleung Chhes Rotes, Khan Posenchey, Phnom Penh, Cambodia
(3) Name of Representative Masayuki Imanaka, Director
(4) Capital US$120,050 thousand (11,787 millions of yen) (after capital increase)
(5) Description of Businesses Manufacture and sale of machined components and electronic devices and components
(6) Major shareholders and shareholding ratio MINEBEA MITSUMI Inc. 100%

3. Details of Capital Increase

(1) Before capital increase US$70,000 thousand (6,293 millions of yen) (100% voting rights)
(2) After capital increase US$120,050 thousand (11,787 millions of yen) (100% voting rights)

4. Date of Change

February 13, 2019

5. Future Outlook

This transaction will have no impact on our consolidated financial results for the fiscal year ending March 31, 2020.

Company Name: MINEBEA MITSUMI Inc.
Representative: Yoshihisa Kainuma
Representative Director, CEO & COO
(Code No. 6479, TSE Div. No. 1)
Contact: Shuji Uehara
Director, Senior Managing Executive Officer
Phone: +81-(0)3-6758-6711
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

Follow Us

Twitter Youtube