Taiyo Yuden to Acquire All Shares of Shoei Electronics.Tokyo, Japan, Feb 6, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Taiyo Yuden announced plans on February 2 to acquire all shares of Shoei Electronics Co., Ltd.. Currently a 100% subsidiary of Shoei Co., Ltd., Shoei Electronics will become a consolidated subsidiary of Taiyo Yuden. Taiyo Yuden hopes to use its technology base in its main product, multilayer ceramic capacitors A Ceramic Capacitoris a capacitor constructed of alternating layers of metal and ceramic, with the ceramic material acting as the dielectric. Depending on the dielectric, whether Class 1 or Class 2, the degree of temperature/capacity dependence varies. , to push new development in the energy devices industry, and views this acquisition as a foothold toward future expansion of its business. Taiyo Yuden is developing its main product, multilayer ceramic capacitors, towards achieving further size reductions and increases in capacitance capacitance, in electricity, capability of a body, system, circuit, or device for storing electric charge. Capacitance is expressed as the ratio of stored charge in coulombs to the impressed potential difference in volts. values. At the same time, the company hopes to enter the energy devices industry, including the product development of electrochemical electrochemical /elec·tro·chem·i·cal/ (-kem´i-k'l) pertaining to interaction or interconversion of chemical and electrical energies. e·lec·tro·chem·i·cal adj. capacitors that covers farad-order or higher capacitance values. Shoei Electronics possesses development and production technology for PAS capacitors, a type of electrochemical capacitor capacitor or condenser, device for the storage of electric charge. Simple capacitors consist of two plates made of an electrically conducting material (e.g., a metal) and separated by a nonconducting material or dielectric (e.g. , and Taiyo Yuden expects that this will become a foothold for new development in the energy devices industry. Taiyo Yuden plans to merge its various technological advantages with the PAS capacitor development and production technology held by Shoei Electronics to accelerate and strengthen its efforts in the energy devices industry. Based on a third-party assessment using the DCF DCF See: Discounted Cash Flows method, the total value was set at 2,250 million yen. The acquisition is scheduled for March 1, 2007. Copyright [c] 2007 Japan Corporate News Network. All rights reserved. |
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