Dec.27, 2001
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Minebea Starts Production of Measuring Component in China
Minebea Co., Ltd. has launched production of measuring component at the Xicen Plant (located at Xicen Town, Qingpu County, about 60 km west of downtown Shanghai) of Minebea Electronics & Hi-Tech Components (Shanghai) Ltd. (hereinafter "Shanghai Minebea"), which is Minebea's manufacturing subsidiary in Shanghai, China.
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Nov.12, 2001
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Oct.26, 2001
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Oct.11, 2001
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Sept.27, 2001
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Minebea to boost production capacity of fluid dynamic bearing type HDD spindle motors
Since July, orders for Minebea's fluid dynamic bearing type hard disk drive (HDD) spindle motors have been exceeding the plan. Minebea has recently confirmed firm orders for 800,000 units for September, 1.2 million units for October, 1.4 million units for November, 1.8 million units for December and over 2 million units for January 2002 and onward.
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Aug.1, 2001
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June 26, 2001
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May 23, 2001
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May 17, 2001
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New Directors and Promotion of Director
We would like to announce as below the personal record each of a new Director to be elected at the Annual General Shareholders Meeting on June 28, 2001 and Promotion of Director at Board Meeting on the same day.
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May 17, 2001
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Liquidation of Subsidiaries
We hereby announce that our Board of Directors has resolved at a meeting on May 17, 2001 to liquidate three subsidiaries.
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Apr.26, 2001
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Apr.23, 2001
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Apr.3, 2001
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Feb.26, 2001
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Feb.22, 2001
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Feb.22, 2001
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Withdrawal from automobile wheel business
Ever since acquired in 1977 as one of the affiliates of Minebea Co., Ltd. under the former name of Osaka Motor Wheel Co., Ltd., Minebea's Kyoto Manufacturing Unit has been engaged in the manufacture and sale of various types of wheels (for use for passenger cars, buses and trucks, and industrial and construction vehicles) mainly for the domestic market.
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Jan.26, 2001
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Minebea transfers shares in their furniture business to the investment fund, run jointly by Advantage Partners, Inc. and Marubeni Corp.
Minebea Co., Ltd. (hereinafter called "Minebea". Registered head office in Miyota-machi, Kitasaku-gun, Nagano, Japan, President : Tsugio Yamamoto), and Advantage Partners, Inc. (hereinafter called "Advantage". Registered head office in Uchisaiwai-cho, Chiyoda-ku, Tokyo, Japan, Representative Partner : Taisuke Sasanuma, Richard L. Folsom), have basically agreed that Minebea will transfer all the shares in its 100% owned furniture business subsidiary Actus Corporation (hereinafter called "Actus". Registered head office in Shimo-Meguro, Meguro-ku, Tokyo, Japan, President : Masahito Saigusa) to the Investment Fund run jointly by Advantage and Marubeni Corp.
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