Notice concerning a merger of consolidated subsidiaries

NewsArticleTitle

10/24/2019

Murata Manufacturing Co., Ltd.
Chairman of the Board and President:
Tsuneo Murata    

Murata Manufacturing Co., Ltd. (Head Office: Nagaokakyo-city, Kyoto Prefecture, Chairman of the Board and President: Tsuneo Murata, hereafter: “Murata Manufacturing”) has decided to execute a merger on April 1, 2020 in which its consolidated subsidiary Izumo Murata Manufacturing Co., Ltd. (hereafter: “Izumo Murata Manufacturing”) will be the surviving company and Iwami Murata Manufacturing Co., Ltd. (hereafter: “Iwami Murata Manufacturing”) will be the dissolving company.
Moreover, beginning on April 1, 2020, Iwami Murata Manufacturing will continue functioning as Izumo Murata Manufacturing’s Iwami Plant (Ohda) and Iwami Plant (Hane).
 

Izumo Murata Manufacturing, the surviving company, has been carrying out the production and development of ceramic capacitors since its founding in 1983. Iwami Murata Manufacturing, the dissolving company, since its founding in 1965 has been engaged in the production of capacitors with lead wires and filters, as well as the packaging and shipping of multilayer ceramic capacitors produced by Izumo Murata Manufacturing.
The absorption-type merger of Iwami Murata Manufacturing and Izumo Murata Manufacturing is intended to stimulate collaboration between personnel and make management and the production system more efficient through this streamlined integration, while further improving QCDS (Quality, Cost, Delivery, and Service).

 

Please see below for details on the two companies.

 

  Surviving company Dissolving company
Name
Izumo Murata Manufacturing Co., Ltd.
Iwami Murata Manufacturing Co., Ltd.
Address
2308, Kaminaoe, Hikawa-cho, Izumo-city, Shimane Prefecture
Ohda Yi 795-1, Ohda-cho, Ohda-city, Shimane Prefecture
Capital
430 million yen
50 million yen
Business content Development and production of ceramic capacitors
Production of capacitors with lead wires and filters, as well as packaging and shipping of multilayer ceramic capacitors produced by Izumo Murata Manufacturing
Establishment August 1983
April 1965

 


Murata in Brief

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com