SUMIDA CORPORATION (“SUMIDA”) announces that it has completed the merger of two wholly owned subsidiaries, Pontiac Coil Inc. and Sumida America Components Inc.
SUMIDA CORPORATION (“Sumida”) would like to announce that factory capacity in Quang Ngai, Vietnam will be expanded. This expansion is one of the manufacturing strategies for the New Mid-term Business Plan 2021 – 2023. Through this expansion, Sumida aims to meet the needs of the customers who require a stable supply chain with geographical alternatives in terms of manufacturing sites. After completing this expansion, our production capacity in Quang Ngai will be up to three times larger than now.
SUMIDA CORPORATION (the “Company”) would like to announce that following the 66th Annual General Meeting of Shareholders held on March 25, 2021, the Board of Directors of the Company appointed the members of the committees and Executive Officers by resolution as follows.
The reports made and resolutions adopted at the 66th Annual General Meeting of Shareholders (the “General Shareholders’ Meeting”) on March 25, 2021 are as follows.
The results of the exercise of voting rights at the 66th Annual General Meeting of Shareholders of SUMIDA CORPORATION held on March 25, 2021 are as follow. The proposed resolutions were approved by majority votes of the shareholders.