Announcement of Completion of Acquisition of All Shares of Samurai Semiconductor Corporation

　ABLIC Inc. (President: Nobumasa Ishiai, head office: Minato-ku, Tokyo, the “Company”), a group company of MINEBEA MITSUMI Inc.(“MinebeaMitsumi”), previously entered into a share transfer agreement (the "Share Transfer Agreement") with Samurai Semiconductor Corporation (head office: Yokohama-city, Kanagawa, "SSC") regarding the acquisition of the shares (the "Acquisition of Shares") of Samurai Semiconductor Corporation, as announced in the press release dated March 29, 2023, titled "Announcement of Acquisition of All Shares of Samurai Semiconductor Corporation." The Company is hereby pleased to announce that, today, the Company completed the Acquisition of Shares.

1.  Purpose of the Acquisition of Shares and the Company's Future Operating Policy

　The Company started analogue semiconductor business based on the development of CMOS ICs for the world's first practical quartz watches in 1968. Since then, the Company has been continuing to provide small, low-power consumption, and high-precision analog semiconductor products, not only for watches, but also for a wide range of consumer, mobile, automotive devices, and healthcare equipment.
　The Company joined as one of the MinebeaMitsumi in April 2020, and strives to lead continuous growth of analogue semiconductor business, which is one of MinebeaMitsumi's core business called “Eight Spears”, and especially concentrates on strengthening product development capabilities to support the Company's growth scenario, in other words, strengthening the development capabilities of high value-added products for medical equipment and electronic vehicles of which markets are expected to expand.
　On the other hand, SSC is a technical experts' entity with advanced knowledge and cutting-edge of engineering skills as their strength and has varieties of field-proven experience in semiconductor technical field, such as producing outcomes in many development projects in digital/analog, frontend/backend fields.
　In the process where the Company promotes further improvement of its development capabilities for high value-added products, SSC, MinebeaMitsumi and the Company repeated discussions and consideration mutually and resulted in that collaborating with SSC within MinebeaMitsumi's group will be beneficial for both parties.
　Through INTEGRATION(*1) by SSC's and the Company's engineers knowledgeable in semiconductor design and development knowhow, the Company will enhance product development and market investigation, and build robust roadmap for sustainable business growth of not only analog semiconductor business but also MinebeaMitsumi, thereby the Company will contribute to development of our customer and the society.

*1. INTEGRATION means “combining" rather than "simple gathering." The Company will evolve its "core products" by combining and utilizing its proprietary technologies and will create new products in various fields through the INTEGRATON of the evolved products.

2．Outline of SSC

3．Future Outlook

The impact of this transaction on the Company's consolidated business results for the fiscal year ending March, 2023 is expected to be minimal. If any event that needs to be disclosed, we will promptly disclose the relevant information.

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