Notice concerning the Commencement of Consultation with Trade Union on the Closure of Skegness Plant in the U.K.

Minebea Co., Ltd. announces the announcement of consultation with the trade union on the closure of the Skegness plant of NMB-MINEBEA UK LTD., its wholly owned U.K subsidiary.

1. The background to the commencement of consultation on closure with the trade union

NMB-MINENEA UK LTD. is operating at the Skegness plant for production of ball bearings, the Lincoln plant for production of rod-end and spherical bearings and the Bracknell office. Of these sites, the Company will announce the proposal to close the Skegness plant, its ball bearings production site and promptly enter into consultation with its trade union.

The severe economic slowdown worldwide since the financial crisis in the U.S. last autumn has dramatically decreased demand from automobile-related industries in Europe and the U.S.-the principal customer base of the plant. The factory has faced sharp decrease in demand for ball bearings that are being produced by it, and has been placed into a difficult position of maintaining its redundant manufacturing capacity.

2. Outline of the plant