Ministry of Economy, Trade and Industry
Font Size Change
S
M
L

Authorization of a Business Restructuring Plan Submitted by Japan 3D Devices Co., Ltd. Under the Industrial Competitiveness Enhancement Act

On September 24, 2014, the Ministry of Economy, Trade and Industry (METI) authorized a business restructuring plan submitted by Japan 3D Devices Co., Ltd., pursuant to Article 24, paragraph (1) of the Industrial Competitiveness Enhancement Act,
According to the plan, the company will increase its capital through third-party allocation by Minebea Co., Ltd. and strengthen the system of production lines focusing on future development and mass production of new products concerning concave mirrors for car head-up displays (HUDs), thereby aiming to enter the market of such products, which is expected to expand in the future, and to sustainably develop the company.

1. Authorization of the business restructuring plan

METI examined the business restructuring plan submitted by Japan 3D Devices pursuant to Article 24, paragraph (1) of the Industrial Competitiveness Enhancement Act, and concluded that the company satisfied the requirements specified by said Act as an entrepreneur who is to carry out a business restructuring defined by Article 2, paragraph (11) of said Act, and authorized the plan.

Following the authorization, the company wishes to receive a reduction of the registration and license tax upon the capital increase through third-party allocation by Minebea Co., Ltd. as well as to receive support measures for debt guarantee by the Organization for Small & Medium Enterprises and Regional Innovation, Japan.

For further details, see the Japanese language press release.

2. Implementation period

From September 2014 to March 2017

3. Applicant’s profile

Name: Japan 3D Devices Co., Ltd.
Capital: 362.5 million yen
Representative: Tomoyuki Saito, President
Head Office: 7587-1, Oaza Yasuda, Kashiwazaki City, Nigata Prefecture

Reference

For details of the Act and the related support measures, please visit the following website:
http://www.meti.go.jp/english/policy/economy/industrial_competitiveness_act/index.html

Release Date

September 24, 2014

Division in Charge

Housing Industry, Ceramics and Construction Materials Division, Manufacturing Industries Bureau

Ministry of Economy, Trade and Industry
1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
Copyright Ministry of Economy, Trade and Industry. All Rights Reserved.