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MinebeaMitsumi : Notice Concerning Acquisition of Fixed Asset
MinebeaMitsumi : Notice Concerning Acquisition of Fixed

About this update from Minebeamitsumi Inc.
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. # # 2
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