July 31, 2008
Whom it may concern:
Company Name:
Representative:

Code No.:
Contact:

Telephone:

Minebea Co., Ltd.
Takayuki Yamagishi
Representative Director
President and CEO(Code No. 6479 Tokyo Stock
Exchange Section 1)
Yasunari Kuwano
General Manager
Corporate Communications Office+81-3-5434-8637

Company Name: FDK Corporation
Representative: Toshiharu Sugimoto
President & CEO
Code No.:(Code No. 6955 Tokyo Stock
Exchange Section 1)
Contact:
Yasuhiro Narishige
General Manager
Corporate Communications OfficeTelephone:+81-3-5473-4654

Agreement on regarding Transfer of the Stepping Motor Business of
FDK Corporation to Minebea Co., Ltd.
Minebea Co., Ltd. (Minebea) and FDK Corporation (FDK) hereby announce thereaching of the Agreement on regarding transfer of the stepping motor business of FDK
to Minebea, as described below.
1. Reason for the Agreement
At Minebea, the Company has been making efforts to strengthen its small motor
business, in which it can leverage production technologies, such as development of
the world’s smallest stepping motor, in order to put the business after its ballbearing business that will drive its future growth on the growth path in its mid-termbusiness plan.
At FDK, as in its New Policies and Actions for FDK Group Growth announced onJanuary 31, 2008, regarding its stepping motor business, the Company has beenproceeding with measures, such as transferring sales functions to its subsidiary
FDK Mechatronics Co., Ltd. (FDK Mechatronics), to more swiftly operate thebusiness as an independent business, while at the same time considering a possible
alliance with other companies to strengthen competitiveness and enhance businessvalue.
Against this background, Minebea and FDK have agreed in recognizing that thistransfer can maximize synergy effects for both of us, because both companies’ motor
businesses have few redundant areas and complement each other technologically,reaching the Agreement on regarding transfer of FDK’s stepping motor business toMinebea.
FDK has been conducting its stepping motor business by leveraging its technologicaledge in the field of small-sized motors, but in order to further grow the business, theCompany has come to the conclusion that it is most appropriate for it to transfer thebusiness to Minebea. Based upon the Agreement, Minebea will acquire FDK
Mechatronics, FDK (THAILAND) CO., LTD. (FDK THAILAND) and the stepping
motor business of Xiamen FDK Corporation (Xiamen FDK). At the same time,
Minebea will take over the employees, relevant intellectual property rights, etc.
involved in the stepping motor business at the FDK Group, thereby strengthening
its motor business.
2. Profile of the Business to Be Transferred(1) Profile of the business
The stepping motor business of FDK subsidiaries, FDK Mechatronics, FDK
THAILAND and Xiamen FDK(2) Outline of the subsidiaries to be transferred (As of March 31, 2008)
FDK
FDK THAILAND
Xiamen FDK
Mechatronics(1) Company
FDK
FDK (THAILAND) CO.,
Xiamen FDK
nameMechatronics LTD.
CorporationCo., Ltd.
60/118（Navanakorn(2) Head office2281
No.16,Malong Road,
Industrial Estate Zone 3） HuliDistrict,
Washizu,
Kosai,
Moo19,Phaholyothin
Xiamen,Fujian,China
Shizuoka
Road,Tambon Klongnung
Pref.,
AmphurJapan
Klongluang,Pathumthani
12120,Thailand(3)Representative Kuniaki
Yasunobu Nakagiri
Yasuo Tarui
Muramatsu(4) Established
November
December 2001
March 1994
1989(5) Capital¥450 million Bt240 million
US$16,800 thousand
Yuan15,204 thousand(6) No. of58606
2,801
employees(7) Shareholder
FDK 100%
FDK 100%
FDK 100%(Note) Regarding Xiamen FDK, its stepping motor business is subject to thistransfer.

(3) Performance of the business
Consolidated net sales 7,323 million yen (Fiscal year ended March 31, 2008)(4) Schedule

July 31, 2008: Approval of Agreement at Board meeting
July 31, 2008: Conclusion of Agreement
October 31, 2008 (Planned): Conclusion of final agreement

3. Outline of Minebea(1) Company name(2) Head office(3) Representative(4) Established(5) Capital(6) No. of employees (Consolidated)(7) Major businesses(8) Major shareholders and shareownership percentage(9) Net assets (Consolidated)(10) Total assets (Consolidated)(11) Net sales (Consolidated)(12) Fiscal year end(13) Relationship with FDK

Minebea Co., Ltd.
4106-73, Oaza Miyota, Miyota-machi,
Kitasaku-gun, Nagano Pref., Japan
Takayuki Yamagishi
July 1951
68,258 million yen (Fiscal year ended March31, 2008)
50,549 (Fiscal year ended March 31, 2008)
Manufacture and sales of machinedcomponents, rotary components, andelectronic devices and components
Japan Trustee Services Bank, Ltd.
(Trust Account) 11.18%
The Master Trust Bank of Japan, Ltd.
(Trust Account) 8.29%
Japan Trustee Services Bank, Ltd.
(Trust Account 4) 5.09%(As of March 31, 2008)
131,730 million yen(Fiscal year ended March 31, 2008)
320,544 million yen(Fiscal year ended March 31, 2008)
334,431 million yen(Fiscal year ended March 31, 2008)
March 31
There is no relationship by capital, personnel,etc.

4. Outline of FDK(1) Company name(2) Head office(3) Representative(4) Established(5) Capital(6) No. of employees (Consolidated)(7) Major businesses(8) Major shareholders and shareownership percentage(9) Net assets (Consolidated)(10) Total assets (Consolidated)(11) Net sales (Consolidated)(12) Fiscal year end(13) Relationship with Minebea

FDK Corporation
5-36-11, Shimbashi, Minato-ku, Tokyo, Japan
Toshiharu Sugimoto
February 1950
22,756 million yen(Fiscal year ended March 31, 2008)
12,252 (Fiscal year ended March 31, 2008)
Manufacture and sales of electronics-related
raw materials, components and dry batteries
Fujitsu Limited
39.56%Fuji Electric Holdings Co., Ltd.
2.35%
Japan Securities Finance Co., Ltd.
0.81%
(As of March 31, 2008)
2,571 million yen (Fiscal year ended March31, 2008)
65,272 million yen(Fiscal year ended March 31, 2008)
113,668 million yen(Fiscal year ended March 31, 2008)
March 31
There is no relationship by capital, personnel,etc.

5. Outlook for the Future(1) Minebea and FDK will proceed with discussions toward concluding a final
agreement in late October 2008. If both companies have reached a final
agreement on this transfer of the business, timely disclosure will be made atsuch time.
(2) This transfer’s effects on consolidated results of both companies will be noticed
as soon as they are available.