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Newly established joint venture Minebea - Matsushita Motor Corporation brings together
the superior manufacturing and development capabilities
and highly competitive product lineups of Minebea and MEI in the area of motors
for information equipment.
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Other Precision Small Motors
In April 2004, we established Minebea - Matsushita Motor Corporation, a precision small motor manufacturing joint venture with MEI that is the world's second-ranked manufacturer of fan, stepping, DC brush and vibration motors in revenue terms. The objectives of the joint venture are to expand and enhance the product range of both parent companies - e.g., it has enabled us to add vibration motors to our lineup - as well as reinforce product development capabilities, quality and cost competitiveness. To these ends, the company will work to maximize the considerable synergies generated by MEI's development prowess and extensive product range and our ultraprecision machining and mass production technologies to generate increased corporate value.
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Competition in the market for motors for information equipment has intensified in recent years, reflecting the oligopoly of Japanese manufacturers and the entry of an increasing number of manufacturers from China. In contrast, growth markets, including those for motors for plasma and LCD televisions and other digital household electrical appliances, PCs, cellular phones, handheld information terminals and game machines, are expected to see a sharp increase in demand.
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Minebea - Matsushita Motor commands leading shares of key global markets |
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| Minebea - Matsushita Motor Corporation |
Start of
operations: |
April 1, 2004 |
| Head office: |
Meguro-ku, Tokyo, Japan |
| Capital: |
¥10.0 billion |
Principal
shareholders: |
Minebea Co., Ltd. (60%)
Matsushita Electric
Industrial Co., Ltd. (40%) |
Number of
employees: |
9,803 (including 275 in Japan) |
Net sales target for
fiscal 2005: |
¥72.5 billion |
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| Optimized Production Sites |
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| Minebea - Matsushita Motor Product Lineup
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| Product Category |
Markets |
Product Examples |
| Fan motors |
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PCs, household
electrical appliances,
AV equipment
and others |
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DC axial fan motors
Newly designed fan blades and optimized motor engineering deliver improved airflow and air pressure
Lineup includes products compatible with ball bearings and high-performance sleeve bearings
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| Stepping motors |
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Optical media
equipment,
OA equipment,
digital cameras
and others |
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Stepping motors with lead screws
Option of mold screws or metal screws to suit application
Lineup includes a new product that delivers outstanding torque and high stopping precision
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| DC brush motors |
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AV media equipment,
OA equipment,
automotive electrical
equipment
and others |
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DC brush motors
Lineup includes compact and thin motors for a variety of applications
Lineup includes an expanded range of motors for automotive applications
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| Vibration motors |
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Cellular phones
and others |
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Vibration motors
Product development is focused on maximizing features and minimizing costs
Small diameter, high-density wired motors deliver higher output
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