2024

June 17, 2024

Notice regarding the Opening of "MinebeaMitsumi Development Center Košice"

MinebeaMitsumi Inc. (Registered Head Office: Nagano, Representative Director, Chairman CEO: Yoshihisa Kainuma, hereinafter MinebeaMitsumi) announces that we established a new development base "MinebeaMitsumi Development Center Košice (MDCK)" in Košice Region, Slovak Republic. The primary purpose of this new facility is to develop electronic equipment products for the automotive market as well as robot products for the industrial equipment market, and to conduct electronic engineering research and development.

In 1990, the MinebeaMitsumi Group established a research and development facility for spindle motors for HDDs and it was the beginning of an organization of the current MinebeaMitsumi Technology Center Europe GmbH (MTCE). Subsequently, the Group established the Tokyo Research and Development Center (TRDC) in 2013, the China Technical Center in 2018, the Osaka Research and Development Center (ORDC), and the Karuizawa Headquarters Technology Center in 2022 to focus on product development in each business unit. At the same time, we have promoted MinebeaMitsumi's "INTEGRATION"* activities, which create synergies by combining our diverse core technologies.
As we aim to achieve sales of 2.5 trillion yen and operating income of 250 billion yen by the fiscal year ending March 2029, our growth strategy is centered on three points: organic (self-sustaining) growth, M&A, and the development of products and supply of parts that solve social issues. In addition to the MinebeaMitsumi Group's conventional product development, we are actively working on the development of edge devices that solve social issues, new products that support them, and high value-added products for the next generation.

MinebeaMitsumi Development Center Košice is established as a base for the development of electronic products for automotive use that are essential for the electrification of automobiles, robot products for the industrial equipment market that contribute to automation and labor saving, and to conduct research and development of electronic engineering systems.
MinebeaMitsumi Group currently has two production plants (Minebea Slovakia and Minebea Access Solutions Slovakia) in Košice Region, Slovak Republic, where we manufacture mainly high-precision motors for automotive applications and automotive parts.
This development center not only works closely with the production plants mentioned above and MinebeaMitsumi Technology Center Europe GmbH in neighboring Germany, but also collaborates with other R&D bases around the world, such as the Tokyo R&D Center, to develop and accelerate new technological development and the INTEGRATION of our own technologies.

The opening ceremony was held in May and we had the honor of having Mr. Yasuhiro Kawakami, Ambassador Extraordinary and Plenipotentiary of Japan to the Slovak Republic, Mr. Rastislav Trnka, President of the Košice Self-governing Region and Mr. Marcel Gibóda, Deputy Mayor of City of Košice. At the ceremony, MinebeaMitsumi's Representative Director, Chairman CEO, Mr. Yoshihisa Kainuma and Mr. Joerg Hoffmann, Managing Executive Officer and General Manager of Regional Affairs for Europe made the following comment:

Mr. Yoshihisa Kainuma, Representative Director, Chairman CEO

"This R&D facility is proof of our commitment to driving technological progress and supporting the local economy. By expanding our team and improving our research capabilities, we are positioning ourselves at the forefront of industrial and automotive innovation."

Mr. Joerg Hoffmann, Managing Executive Officer and General Manager of Regional Affairs for Europe

"We are excited about the opportunities this new facility will bring. Our goal is to create a collaborative environment that harnesses the talents of engineers and Researchers to drive innovation that will benefit our company and the entire region."

MinebeaMitsumi hopes to take this opportunity to promote INTEGRATION activities even further and, as an Electro Mechanics Solutions™ provider, we will continue to create indispensable parts and new values and contribute to the development of prosperous society.

* INTEGRATION means "combining" rather than "simple gathering" of the Company's proprietary technologies to evolve the "Eight Spears" and to create new products in various fields through the INTEGRATION of our advanced technology

• ** "Electro Mechanics Solutions" is a registered trademark in Japan of MinebeaMitsumi Inc. Its registration number is 5322479.

Outline of MinebeaMitsumi Development Center Košice

Outline of Minebea Slovakia s.r.o.

Outline of Minebea AccessSolutions Slovakia s.r.o.

About MinebeaMitsumi

MinebeaMitsumi is an INTEGRATED precision components manufacturer^* that engages in the development, manufacture, and sale of mechanical and electronic devices and components such as motors, sensors, and semiconductors, with a focus on core technologies typical of ultra-precision machining. Our products include global market leading items such as miniature and small-sized ball bearings, which enable machines to rotate smoothly, for which we hold the highest share in the world^**, and 1 cell protection ICs for lithium ion batteries. Our ultra-precision technologies are used in a wide range of fields, supporting people's lives in unseen ways, including home electronics such as air conditioners, vacuum cleaners, dryers, and gaming equipment, IT devices such as smartphones and computers, automobiles, aerospace products, and medical equipment.

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* INTEGRATION means "combining" rather than "simple gathering" of the Company's proprietary technologies to evolve the "Eight Spears" of our core businesses and to create new products in various fields through the INTEGRATION of our advanced technology.

• ** According to MinebeaMitsumi

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