SUMIDA: Company News

Thank you for your continued confidence in and patronage for Sumida’s products.

Lately, an increasing number of copies of Sumida’s products have been discovered in the counterfeit markets. These counterfeit products are sold through some other routes than Sumida’s legitimate sales channels such as Sumida’s sales offices or sales companies as well as distribution agents.

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Following the 59th General Shareholders’ Meeting, the Board of Directors resolved at its meeting on March 21st, 2014 to determine the committee memberships and to appoint Executive Officers as below.

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SUMIDA CORPORATION would like to announce the following six candidates for the Board of Directors. This was resolved at the meeting of the Nomination Committee held today. The membership as director will take effect subject to the approval of shareholders at the coming 59th Annual General Meeting of shareholders (AGM) scheduled for March 21, 2014.

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We are pleased to announce that Sumida group has reached a basic agreement with Nihon Kohden group that Sumida Power Technology Co., Ltd., planned to be newly established as a wholly-owned subsidiary of Sumida Electronic Components Co., Ltd. will acquire Nihon Kohden’s transformer business.

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Sumida Corporation hereby announces that it has received a resignation letter from the director as stated below.

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