TOKIN Corporation is a Japanese electrical and electronic industrial and automotive parts manufacturing company. Since April 2017 it has been a wholly owned subsidiary of KEMET Corporation. Previously it was named NEC TOKIN (NECトーキン株式会社, NEC Tōkin Kabushiki-gaisha) and was part of the NEC Group.[1] It is headquartered in Shiroishi, Miyagi Prefecture, Japan.[1]
In February 2013, KEMET Corporation invested in the company to provide capital for Tokin to expand its business.[2] After this investment, KEMET owned 34% of the company, and NEC owned a 66% controlling share.
In April 2017, KEMET purchased a 61% controlling interest, making Tokin its wholly owned subsidiary. Once the purchase was complete, the company changed its name to "TOKIN Corporation".[4]
Referencesedit
^ ab [Company Information] (in Japanese). Archived from the original on December 9, 2016. Retrieved March 31, 2017.
^ [NEC TOKIN to become wholly owned subsidiary of American company]. Kahoku Shimpō. February 25, 2017. Archived from the original on April 19, 2017. Retrieved March 31, 2017.
^Bartz, Diane (September 2, 2015). "NEC Tokin settles price-fixing charges in U.S." Reuters. from the original on March 31, 2017. Retrieved March 31, 2017.
^Chin, Spencer (February 24, 2017). . Electronics 360. Archived from the original on March 31, 2017. Retrieved March 31, 2017.
External linksedit
Official website
This article about a Japanese corporation- or company-related topic is a stub. You can help Wikipedia by expanding it.
tokin, corporation, tokin, corporation, japanese, electrical, electronic, industrial, automotive, parts, manufacturing, company, since, april, 2017, been, wholly, owned, subsidiary, kemet, corporation, previously, named, tokin, necトーキン株式会社, tōkin, kabushiki, g. TOKIN Corporation is a Japanese electrical and electronic industrial and automotive parts manufacturing company Since April 2017 it has been a wholly owned subsidiary of KEMET Corporation Previously it was named NEC TOKIN NECトーキン株式会社 NEC Tōkin Kabushiki gaisha and was part of the NEC Group 1 It is headquartered in Shiroishi Miyagi Prefecture Japan 1 TOKIN CorporationNative nameトーキンCompany typeKKTraded asTYO 6759IndustryElectrical componentsPredecessorsJapan Specialty Metals KK 日本特殊金属株式会社 Tohoku Metal Industries KK 東北金属工業株式会社 KK Tōkin 株式会社トーキン FoundedApril 8 1938 85 years ago 1938 04 08 HeadquartersShiroishi Miyagi JapanArea servedWorldwideKey peopleWilliam M Lowe Jr Chief Executive Officer Shigenori Oyama President RD ProductsElectrical and electronic partsNet income 55 3 billion 2015 Total equity 34 28 billion 2015 OwnersKEMETNumber of employees6 445 2015 Websitewww wbr tokin wbr comIn February 2013 KEMET Corporation invested in the company to provide capital for Tokin to expand its business 2 After this investment KEMET owned 34 of the company and NEC owned a 66 controlling share In September 2015 TOKIN pleaded guilty to fixing the prices of electrolytic capacitors between 2002 and 2013 in a criminal lawsuit filed in the United States District Court for the Northern District of California by the United States Department of Justice and was required to pay a fine of 13 8 million USD 3 In April 2017 KEMET purchased a 61 controlling interest making Tokin its wholly owned subsidiary Once the purchase was complete the company changed its name to TOKIN Corporation 4 References edit a b 会社概要 Company Information in Japanese Archived from the original on December 9 2016 Retrieved March 31 2017 ＮＥＣトーキン 米企業の完全子会社に NEC TOKIN to become wholly owned subsidiary of American company Kahoku Shimpō February 25 2017 Archived from the original on April 19 2017 Retrieved March 31 2017 Bartz Diane September 2 2015 NEC Tokin settles price fixing charges in U S Reuters Archived from the original on March 31 2017 Retrieved March 31 2017 Chin Spencer February 24 2017 KEMET Acquires NEC TOKIN to Bolster Component Business Electronics 360 Archived from the original on March 31 2017 Retrieved March 31 2017 External links editOfficial website nbsp This article about a Japanese corporation or company related topic is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Tokin Corporation amp oldid 1194768853, wikipedia, wiki, book, books, library,
