PresseBox
Pressemitteilung BoxID: 601191 (Juki Automation Systems GmbH)
  • Juki Automation Systems GmbH
  • Neuburger Strasse 41
  • 90451 Nürnberg
  • http://www.jas-smt.com
  • Ansprechpartner
  • +81 (42) 357-2398

Notice Concerning Conclusion of Formal Agreement Relating to Integration of SMT Equipment and Related Businesses

JUKI Corporation / Sony Corporation / Sony EMCS Corporation

(PresseBox) (Nürnberg, ) JUKI Corporation ("JUKI"), Sony Corporation ("Sony") and Sony EMCS Corporation, a wholly owned subsidiary of Sony ("Sony EMCS"), announce that based on an intention to strengthen the competitiveness of the SMT equipment and related businesses that JUKI, Sony, and Sony EMCS respectively operate, the three companies have concluded a formal agreement today to integrate the aforementioned businesses of the respective companies under JUKI AUTOMATION SYSTEMS CORPORATION, which is planned to be established by JUKI on August 1, 2013, as a joint venture company (the aforementioned transaction hereinafter referred to as the "Transaction"). As of the completion of the Transaction, it is planned that JUKI will hold a capital contribution ratio of about 81% in the joint venture company, while Sony EMCS will hold about 19%.

Through the integration of the SMT equipment and related businesses of JUKI, Sony and Sony EMCS, the joint venture company will restructure the development, design and sales organizations. In addition, the intention of the joint venture company will be to strengthen the business foundation and expand the business through such initiatives as improving development efficiency, expanding sales by enhancing the product lineup, and strengthening solution sales that leverages the collective technological knowhow. JUKI, Sony and Sony EMCS aim to complete the Transaction in autumn 2013, subject to obtaining the necessary approvals and permissions of the authorities concerned.

Overview of Joint Venture Company (Planned)

Company Name: JUKI AUTOMATION SYSTEMS CORPORATION
Location of Head Office: 2-11-1, Tsurumaki, Tama-shi, Tokyo, Japan
Representative: Akira Kiyohara
Business Line: Development, design, and sales etc. of SMT equipment and precision equipment.
Business Integration: Integration of business in autumn 2013
Capital Contribution Ratio at Time of Business Integration: JUKI about 81%, Sony EMCS about 19%

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