2022
Oct.17, 2022
MINEBEA MITSUMI Inc.
Notice Concerning Transfer of Fixed Asset
MINEBEA MITSUMI Inc. ("the Company") hereby announces that the Board of Directors of the Company resolved at its meeting held on October 17, 2022, to transfer the fixed asset detailed below:
1. Reason for the Transfer
The transfer was decided in view of the future relocation of Tokyo Headquarter to Shiodome.
2. Content of the Assets to be Transferred
| Content of the Asset/ Location | Site area (total) |
Building area (total) |
Current status |
|---|---|---|---|
| 3-9-6 Mita, Minato-ku, Tokyo | 2,598.56㎡ | 16,055.19㎡ | Tokyo Headquarters (relocation: under progress) |
* Details of the transfer price and book value will be refrained from being disclosed due to no prior consent from the transferee.
3. Overview of Transferee
The transferee is a Japanese corporation, however we will refrain from publishing details due to no prior consent from the transferee.
In addition, nothing is to be noted regarding the capital, personal, business, and related party relationship between the Company and the transferee.
4. Schedule of Transfer
| October 17, 2022 | Resolution of Board of Directors meeting |
|---|---|
| October 18, 2022 (scheduled) | Signing of Agreement |
| March 31, 2023 (scheduled) | Delivery of Property |
5. Impact on the Company's Business Performance
As a result of this transfer of fixed assets, we expect to record a gain on the sale of fixed assets of approximately 13,045 million yen in the non-consolidated and consolidated financial results for the fiscal year ending March 31, 2023. The gain on the sale of fixed assets is an approximate amount obtained by deducting the estimated book value from the transfer price.
| Company Name: | MINEBEA MITSUMI Inc. |
| Representative: | Yoshihisa Kainuma Representative Director, CEO & COO (Code No. 6479, TSE Prime) |
| Contact: | Yasuo Komine General Manager Corporate Communications and Investor Relations Office |
| Phone: | +81-(0)3-6758-6703 |
Product information, contact and other context are subject to change without prior notice.
