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Nidec Completes the Acquisitions of Stock, Etc. of


Member of the Board: Kenichi Wakabayashi
Member of the Board: Jeffrey S. Williams
Member of the Board: Katsuhide Yabe
Member of the Board: Katsunori Nakamura
2. Purpose of the Stock Acquisition and Management Policies Going Forward
The acquisition of machine tool business achieves a mutual complement with our existing businesses. Synergies are expected particularly in the machinery business, element technology development, manufacturing, sales, and other areas of our group’s businesses.
Mitsubishi Heavy Industries Machine Tool started its business in 1936 for manufacturing of lathe in Hiroshima, Japan. Since then, Mitsubishi Heavy Industries Machine Tool has been a group company of Mitsubishi Heavy Industries and has grown its business, while supporting Japanese manufacturing for many years. Mitsubishi Heavy Industries Machine Tool, which designs, manufactures and sells machine tools, cutting tools and related products and provides after-sales services fo ....

United States , Tamil Nadu , Donghui Chen , Junji Usude , Akinobu Samura , Hirotsugu Yoshii , Munetaka Nomura , Keiichiro Iwasaki , Tatsuya Nishimoto , Katsunori Nakamura , Katsuhide Yabe , Prafful Lalwani , Nallappan Valliappan , Yoshihisa Kitao , Kenichi Wakabayashi , Takuya Narumi , Yoshinao Miyoshi , Kazunori Konishi , Dannyl Dennis , Yuki Shibata , Kazuya Murakami , Jeffreys Williams , Broach Holdings , Nidec Group , Mitsubishi Heavy Industries , Nidec India Precision Tools Ltd ,