![]() Major Shareholder and Ratio of Shareholding (as of March 31, 2012) Manufacture and distribution of LCD panels and LCD modules Hiroshi Saji, President & Representative Director ![]() (2) Outline of DNP and DNP Color Techno Sakai Trust Account of Japan Trustee Services Bank, Ltd. ![]() Trust Account of the Master Trust Bank of Japan, Ltd. ![]() Major Shareholder and Ratio of Shareholding (as of September 30, 2011) Number of Issued Shares (as of March 31, 2012) Production of components associated with semiconductor and display. Information & Network (securities, cards, commercial printing, publication printing, etc.), Living environment (package, high functionality components, building and decorative material, etc), Electronics (display and semiconductor-related materials), etc. Outline of Corporate Parties Involved in the Business Integration (1) Outline of Toppan and TEP The method of the Business Integration will be determined upon consultation among the parties to the Business Integration not later than the execution date of the Definitive Agreement on the Business Integration. It is scheduled to integrate the LCD color filter businesses operated by Toppan, TEP, DNP, and DNP Color Techno Sakai in their Sakai Plants into SDP. Details will be notified as soon as determined. Note2: Due to the antitrust filings needed in Japan and/or foreign countries, the effective date of the Business Integration may be on and after July 1, 2012.Note1: Organizational restructuring in association with the Business Integration may require resolutions at general shareholders’meetings at the parties to the Business Integration.Outline of the Business Integration (1) Schedule With these strategic efforts, we are seeking to promote the further efficiency of large-sized LCD business including the businesses of color filter, the primary component of LCD panel, and achieve the improvement of the competitiveness of such businesses. On this occasion, Sharp, Toppan and DNP have decided to integrate the businesses of LCD color filter, operated by Toppan, TEP, DNP and DNP Color Techno Sakai into SDP. Under this Agreement, SDP transfers 50% of its production of LCD panel modules to Hon Hai and Sharp respectively, and aims at maintaining the high operation rate and improving the cost performance and profitability of SDP. Sharp recently executed the Capital and Business Alliance Agreement with the Group of Hon Hai Precision Ind. However, the management of SDP has been exposed to increasingly severe circumstances such as the prolonged strong yen and drop in the market price of digital products resulting from ruthless market competition, and SDP is now forced to seek more efficiency in its management in order to stabilize operations and reinforce cost competitiveness at Sakai Plant. With the participation of manufacturers of energy infrastructure such as electricity, gas and water in addition to manufacturers of LCD panel components, SDP, Sakai Plant realized integrated production from components to LCD panels, and thereby promoted the vertical integration of LCD panel production. SDP, Sakai Plant is the world's one and only 10th-generation liquid crystal display (LCD) plant which started operations in October 2009. Business Integration of LCD Color Filter Businesses into SDP 1. In addition, Sharp hereby announces that transfer of its subsidiary, SDP, is expected in connection with the Business Integration. The method of the Business Integration will be determined upon consultation among the parties to this Business Integration. ("DNP Color Techno Sakai") in their Sakai Plants, into Sharp’s subsidiary, Sharp Display Products Corporation ("SDP"), ("Business Integration"). ("TEP"), as well as DNP and DNP’s subsidiary, DNP Color Techno Sakai Co., Ltd. ("DNP") hereby announce that they agreed upon executing a basic agreement with regard to the business integration of the liquid crystal display color filter (LCD color filter) businesses operated by Toppan and Toppan's subsidiary, Toppan Electronics Products Co., Ltd. ("Toppan") and Dai Nippon Printing Co., Ltd. ![]() Sharp Corporation ("Sharp"), Toppan Printing Co., Ltd. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |