SUMIDA News
Notice Concerning the Determination of Terms of Performance-linked Share Acquisition Rights (Stock Options)
April 24th 2018 Press ReleaseSUMIDA CORPORATION (hereafter the “Company”) would like to announce that the specific terms and conditions of 1) the performance-linked share acquisition rights (stock options) issued to the directors and employees of the subsidiaries, 2) the performance-linked share acquisition rights (stock options) issued to the executive officers and 3) the performance-linked share acquisition rights (stock options) with charge issued to the executive officers have been determined as set forth below. These were previously undetermined when the offering was resolved by the Representative Executive Officer on March 26, 2018.
18th - 20th April 2018
Place: Makuhari Messe (Chiba, Japan)
Booth Number: 6A-10 (6 hall)
Website: https://www.jma.or.jp/tf/en/index.html
Notice on basic M&A agreement with Pontiac Coil Inc. and establishment of a new subsidiary
April 18th 2018 Press ReleaseWe are pleased to announce that Sumida Group, based on the resolution of the representative executive officer has reached a basic agreement today with Pontiac Coil Inc. in the United States (hereinafter called “Pontiac”) over the acquisition of 100 percent of Pontiac shares by SUMIDA AMERICA HOLDINGS INC., a Specific Purpose Company to be established as a wholly-owned subsidiary of SUMIDA CORPORATION.
SMD Metal Inductor for Automotive Applications: CDMC60D28/T150
April 17th 2018Sumida has developed a metal SMD power inductor CDMC60D28/T150. The size of 6x6mm type is the first release in CDMC**D**/T150 series, and the size of 5x5mm, 8x8mm & 10x10mm are under development. CDMC60D28/T150 can be used in LED head lighting, ECU and other automotive high reliability applications (Inductance range: 0.1uH ~ 10uH).