SUMIDA News: May 2018

CDMPIH10D38 is an inductor of CDMPIH series, it is wound by the round wire and assembled with Ni-Zn ferrite core.

P.core and T.core structure are used in CDMPIH10D38, which enable lower flux leakage compared with the traditional shield structure. This makes CDMPIH10D38 suitable for applications that require low flux leakage, e.g. digital camera.

The CDMPIH series will be further expanded to enrich the Sumida's product portfolio and to fulfill the market demand.

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Today, it has come to light through press reports that a former external director has been arrested for the alleged insider trading of Sumida shares, violating the Financial Instrument and Exchange Act.

SUMIDA CORPORATION will continue to offer its full support to the efforts of the investigations.

23rd - 25th May 2018

Booth ImagePlace: PACIFICO Yokohama Exhibition Hall (Kanagawa, Japan)                                              
Booth Number:
 264
Website: https://expo.jsae.or.jp/

Links
Please access the following links for further information.

  

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Today, certain news agencies reported that the Securities and Exchange Surveillance Commission (hereafter “SESC”) is investigating allegations of violation of the Financial Instruments and Exchange Law (Insider Trading) by a former outside director of SUMIDA CORPORATION (hereafter the “Company”).

We highly regret the inconvenience caused through the media report, especially to our shareholders, customers and suppliers.

As mentioned in certain media reports, it is fact that the Company is under investigation by the SESC and that the Company is fully cooperating to clarify the case.

The concerned matter is related to an individual action by a former outside director, however, with respect to the selection of outside director candidates, the Company will strengthen efforts for prevention of recurrence and recovering of trust.

Please click on the press release link above to view the full pdf version of this item.

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