Hitachi Power Semiconductor Device is now part of MinebeaMitsumi and bears the new name Minebea Power Semiconductor Device Inc. With this acquisition, MinebeaMitsumi continues to pursue its strategy of strengthening its core products, particularly in high-precision and mass-production technologies. Power semiconductors are an essential part of our business, which we will continue to expand in the future. Our goal is to increase sales from 80 billion yen to 300 billion yen by 2030 through mergers and acquisitions.

Minebea Power Semiconductor Device develops and manufactures high-performance semiconductor products essential for industry and social infrastructure. The company has established a strong market position with advanced technology and competitive products.

We can now create vertically integrated business models that combine development and production by working together. We expect significant synergies, especially when combining our existing chip technologies with the new capabilities in module manufacturing.

We extend a warm welcome to our new colleagues at the European Power Semiconductor Group and eagerly anticipate our collaboration. Together, we will pioneer innovative solutions, particularly in the fields of electromobility, renewable energy, and medical technologies. Leveraging our collective strengths, we are determined to secure a leading role in the power semiconductor market.

We are looking forward to our time together and a prosperous future!