[Translation][NOTICE: Please note that the following is a translation of the Japanese language original for
convenience purposes only, and in the event of any discrepancy, the Japanese language original shallprevail.]March 1, 2018
For immediate release
Company:
Representative:

Nisshinbo Holdings Inc.
President Masaya Kawata

Securities Code:3105
TSE (First Section); NSE (First Section); SSE; FSE

Notice Regarding Completion of Share Acquisition of Ricoh Electronic Devices Co., Ltd.
Nisshinbo Holdings Inc., as announced in the press release dated October 30, 2017, “NoticeRegarding Acquisition of Shares of Ricoh Electronic Devices Co., Ltd. (and Making it a Subsidiary,)”
announces that it has completed the acquisition of 160 shares of the Ricoh Electronic Devices Co., Ltd.
(“REDC”) (equal to an ownership percentage of 80.0%) from Ricoh Company, Ltd. and REDC
becomes our subsidiary today.
REDC has specialties in analog power management integrated circuits (“PMICs”) and cooperative
relationship in semiconductor fabrication with our subsidiary New Japan Radio Co., Ltd. (“NJR”),
which supplies analog semiconductors.
First, REDC and NJR will have a mutually cooperative and complementary relationship in fabrication
process and enhance their price competitiveness through cost reductions. Further, in the development
and design processes, they will mutually utilize their technological resources in the automotive,industrial equipment and IoT fields and accelerate the development, enhancement, and expansion ofproduct lines in these fields.
REDC has nearly 40% share of PMICs for smartphone field (REDC investigation) and has specialties
in small-size, energy efficient, and high efficiency CMOS analog semiconductors. NJR, on the other
hand, develops business mainly in analog semiconductors applied to wide variety of specifications withhigh-performance amplifiers, PMICs, wireless communication and IoT devices for automotive,industrial equipment and audio fields. Uniting their analog mixed-signal technologies, we will
strengthen our business foundation in the semiconductor and electronic device fields and enhanceelectronic device business in automotive, industrial equipment and IoT fields, in which future growth isexpected.
REDC plans to continue to use its current trade name and branding for the time being.
The effects of the Share Acquisition on the performance of Nisshinbo Holdings Inc. will be minor.

［Reference］
1. Overview of REDC
(1)
Name(2)
Address(3)
Representative’s name(4)

Business(5)(6)

Date of establishment
CapitalMajor shareholders
and their ownership
percentages
Employees(7)(8)

Ricoh Electronic Devices Co., Ltd.
13-1, Himemuro-cho, Ikeda-shi, Osaka
Satoru Taji, President
Development, manufacturing and sales of electronic device products,
and entrusted design service and entrusted manufacturing service ofelectronic devices
June 2, 2014
100 million yen
Nisshinbo Holdings Inc. 80%Ricoh Company, Ltd. 20%
659 (as of February 1, 2018)-1-2. Management Structure(1) President Satoru Taji
(2) Director
Yoichi Kawagiri(3)

Director

Masahiro Murakami(4)

Director

Ryo Ogura(5)(6)

Director
Director

Kenichi Morita
Kazuaki Komiyama(7)

Auditor

Chikara Iwai

(8)

AuditorManabu Arai

Ricoh Company, Ltd., Corporate Associate Vice President
Nisshinbo Holdings Inc., Director, Senior Executive Managing
Officer
Nisshinbo Holdings Inc., Director, Executive Managing Officer
New Japan Radio Co., Ltd., President
New Japan Radio Co., Ltd., Director, Managing Officer
New Japan Radio Co., Ltd., Managing OfficerNisshinbo Holdings Inc., Manager, Finance and Accounting
GroupNew Japan Radio Co., Ltd., Senior Executive ManagingOfficerEnd-2-