December 21, 2021 | |
To whom it may concern: | |
Company Name: | MINEBEA MITSUMI Inc. |
Representative: | Yoshihisa Kainuma |
Representative Director, CEO&COO | |
(Code No. 6479, TSE Div.No.1) | |
Contact: | Takayuki Ishikawa |
General Manager | |
Corporate Communications and | |
Investor Relations Office | |
Phone: | +81-(0)3-6758-6703 |
Notice Concerning Acquisition of Fixed Asset
MINEBEA MITSUMI Inc. ("the Company") hereby announces that the Board of Directors of the Company resolved at its meeting held on December 21, 2021 to acquire the fixed asset detailed below:
1. Reason for the Acquisition of Fixed Asset
The acquisition was decided in view of further business expansion of the MinebeaMitsumi Group.
2. Details of the Acquiring Asset
Acquired asset / | Acquisition | Site area | Total floor area | Current status |
Location | amount | |||
Land / Building | Former headquarters | |||
1-9-3 Higashi | 73.2 billion yen | 5,518.54 ㎡ | 53,078.82 ㎡ | building of Nippon |
Shimbashi, | Express Company, | |||
Minato-ku, Tokyo | Limited and other |
*The acquisition amount is less than 30 % of the consolidated net worth as of the last day of the consolidated financial statements of the previous fiscal year.
3. Outline of the Seller
（1）Company name | Nippon Express Co., Ltd. |
（2）Headquarters | 2 Kandaizumicho, Chiyoda-ku, Tokyo, Japan |
（3）Title and name of | Mitsuru Saito, President, Chief Executive Officer and Representative Director |
representative | |
1 |
（4）Business | Road freight transportation; air freight transportation; | |||||
ocean freight transportation; marine and harbor | ||||||
transportation; railway freight transportation; | ||||||
warehousing; security; haulage, construction and | ||||||
installation of heavy equipment and related businesses; | ||||||
construction; customs clearance, etc. | ||||||
（5）Capital | 70,175 million yen | |||||
（6）Establishment | October 1, 1937 | |||||
（7）Relationship with | Capital relationship | Not applicable. | ||||
the Company | Personnel relationship | Not applicable. | ||||
Business relationship | The Company and Nippon Express Co., Ltd. | |||||
have general business relationships in the | ||||||
distribution | of | raw materials | and | |||
manufactured goods. | ||||||
Status applicable to the related | Not applicable. | |||||
parties | ||||||
4. Schedule | ||||||
Date of resolution of the Board of Directors | December 21, 2021 | |||||
Date of the conclusion the sale and purchase agreement | December 24, 2021 (planned) | |||||
Date of property transfer | April 15, 2022 (planned) |
5. Impact on the Company's Business Performance
This transaction will have no impact on our consolidated financial results for the fiscal year ending March 2022. If any matter to be disclosed arises, the Company will disclose such information in a timely manner.
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