Notice Concerning Execution of Business Integration Agreement and Share Exchange Agreement in Connection with Business Integration of Minebea and MITSUMI

Minebea Co., Ltd. and MITSUMI ELECTRIC CO., LTD. agreed to proceed with a discussion and consideration of a business integration based on the spirit of equal partnership as announced in the “Notice Concerning Execution of Basic Agreement on Business Integration of Minebea Co., Ltd. and MITSUMI ELECTRIC CO., LTD." dated December 21, 2015, and have held in-depth discussions, as a result of which the two companies reached an agreement to consummate the Business Integration and to conduct a share exchange, and executed a business integration agreement and a share exchange agreement based on the resolutions adopted at their respective meetings of the board of directors held today. Company Name: Minebea Co., Ltd. Representative: Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (Code No. 6479, TSE Div. No. 1) Contact: Takayuki Ishikawa General Manager Corporate Communications Office Phone: +81-(0)3-6758-6703 Company Name: MITSUMI ELECTRIC CO., LTD. Representative: Shigeru Moribe President and Representative Director (Code No. 6767, TSE Div. No. 1) Contact: Kunihiro Noguchi General Manager, Affairs Dept. Phone: +81-(0)42-310-5333 Information in the press releases is current on the date of the announcement. Product information, contact and other context are subject to change without prior notice.