September 1, 2017

Company name:

Murata Manufacturing Co., Ltd.

Name of representative:

Tsuneo Murata

Chairman of the Board, President and Representative Director

(Code: 6981, First section of the Tokyo Stock Exchange)

Contact:

Takumi Ikushima

General Manager of Corporate Communication Department

(Phone: 075-955-6786)

Notice Regarding the Completion of the Acquisition of Battery Business from Sony Corporation

Murata Manufacturing Co., Ltd. ("Murata"), as previously announced in the press releases entitled "Notice Regarding Acquisition of Battery Business from Sony Corporation" on October 31, 2016 and "Announcement Regarding the Expected Closing of the Transfer of the Battery Business from Sony to Murata Manufacturing" on July 19, 2017, announce today that the acquisition of battery business ("Business") from Sony Corporation ("Sony") has been completed.

Consequently, Murata acquired 100% of shares of Tohoku Murata Manufacturing Co., Ltd. which was established by Sony in December 9, 2016 and succeeded the Business by the company split which became effective as of today.

Murata will take over the technology and business experience of the battery business which the Sony Group has cultivated and place it as a core business in the energy field, which is a focus market, and will implement actions to achieve our business goals as set out in "Mid-term Direction 2018".

The impact on Murata's consolidated business results in the fiscal year ending in March 2018 is currently being assessed, and will be announced once determined.

Outline of the subsidiaries (as of September 1, 2017)

  1. Tohoku Murata Manufacturing Co., Ltd.

    (1)

    Trade name

    Tohoku Murata Manufacturing Co., Ltd.

    (2)

    Location of head office

    1-1 Shimosugishita, Takakura, Hiwada-machi, Koriyama-shi, Fukushima, Japan

    (3)

    Title and name of Representative

    Norio Nakajima

    President and Representative Director

    (4)

    Business

    Manufacture and sale of consumer and industrial cell batteries, etc.

    (5)

    Stated capital

    ¥ 100,000,000

    (6)

    Date of establishment

    December 9, 2016

    (7)

    Major shareholders and shareholding ratio

    Murata Manufacturing Co., Ltd. 100%

  2. Sony Electronics (Wuxi) Co., Ltd.

    (1)

    Trade name

    Sony Electronics (Wuxi) Co., Ltd.

    (2)

    Location of head office

    No.27,Changjiang Road,New District,Wuxi,Jiangsu Province, China

    (3)

    Title and name of Representative

    Shinji Nomura Chairman and President

    (4)

    Business

    Development, manufacture and sales of battery related products, etc.

    (5)

    Stated capital

    316,220,000 US$

    (6)

    Date of establishment

    August 22, 2000

    (7)

    Major shareholders and shareholding ratio

    Tohoku Murata Manufacturing Co., Ltd. 100%

  3. Murata Energy Device Singapore Pre. Ltd.

(1)

Trade name

Murata Energy Device Singapore Pre. Ltd.

(2)

Location of head office

1 Tuas Road, Singapore 638481

(3)

Title and name of Representative

Masao Saitama Managing Director

(4)

Business

Manufacture and sales of battery related products, etc.

(5)

Stated capital

162,000,000 US$

1SG$

The total of each currency amount of money mentioned above is the stated capital.

(6)

Date of establishment

January 4, 2017

(7)

Major shareholders and shareholding ratio

Tohoku Murata Manufacturing Co., Ltd. 100%

Murata Manufacturing Co. Ltd. published this content on 01 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 September 2017 06:47:05 UTC.

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