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MinebeaMitsumi
is a Japanese multinational corporation and a major producer of machinery components and electronics devices. The company was founded as in 1951. As of June 30, 2019, MinebeaMitsumi comprises 121 consolidated subsidiaries and affiliates. NMB (USA) Inc. (Nippon Miniature Bearing) is an American holding company that manages Minebea's American subsidiaries. MinebeaMitsumi shares are listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, the company is a constituent of the Nikkei 225 stock index. On January 27, 2017, Minebea acquired Mitsumi for $500 million and changed its name to MinebeaMitsumi. Minebea has the world's largest shares in 6 product areas such as ball bearings (65%) and pivot assemblies (65%). International Asian business accounts for 80% of Minebea's production and 50% of its sales. Major businesses and subsidiaries NMB Technologies Corporation NMB deals in manufacturing of: * Bearings ** Bearing-related products: *** pivot assemblies, preci ...
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Mitsumi
was a Japanese manufacturer of consumer electronic components, founded in 1954. The company was listed on the Tokyo Stock Exchange, was constituent of the Nikkei 225 stock index and provided its products through its subsidiaries in Asia, Europe, and North America. Mitsumi was primarily known as an OEM manufacturer of computer peripherals and input devices, Floppy and optical disc drives used in laptop computers, desktops, servers and the Famicom Disk System. On January 27, 2017, Minebea merged with Mitsumi to form MinebeaMitsumi. Products Video game console controllers One of the company's most noticeable product lines were video game console controllers. Mitsumi manufactured the official controllers for the following consoles: *Nintendo Entertainment System/Famicom controller *Super Nintendo Entertainment System/Super Famicom controller *GameCube controller (Certain revisions only) and the WaveBird Wireless Controller *Panasonic 3DO Controller *Wii Remote and Wii Nunchuk (C ...
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Minato, Tokyo
is a special ward in Tokyo, Japan. It is also called Minato City in English. It was formed in 1947 as a merger of Akasaka, Azabu and Shiba wards following Tokyo City's transformation into Tokyo Metropolis. The modern Minato ward exhibits the contrasting Shitamachi and Yamanote geographical and cultural division. The Shinbashi neighborhood in the ward's northeastern corner is attached to the core of Shitamachi, the original commercial center of Edo-Tokyo. On the other hand, the Azabu and Akasaka areas are typically representative Yamanote districts. , it had an official population of 243,094, and a population density of 10,850 persons per km2. The total area is 20.37 km2. Minato hosts many embassies. It is also home to various domestic companies, including Honda, Mitsubishi Heavy Industries, MinebeaMitsumi, Mitsubishi Motors Corporation, NEC, Nikon, Sony, Fujitsu, Yokohama Rubber Company, as well as the Japanese headquarters of a number of multi-national firms, includ ...
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Nagano Prefecture
is a landlocked prefecture of Japan located in the Chūbu region of Honshū. Nagano Prefecture has a population of 2,052,493 () and has a geographic area of . Nagano Prefecture borders Niigata Prefecture to the north, Gunma Prefecture to the northeast, Saitama Prefecture to the east, Yamanashi Prefecture to the southeast, Shizuoka Prefecture and Aichi Prefecture to the south, and Gifu Prefecture and Toyama Prefecture to the west. Nagano is the capital and largest city of Nagano Prefecture, with other major cities including Matsumoto, Ueda, and Iida. Nagano Prefecture has impressive highland areas of the Japanese Alps, including most of the Hida Mountains, Kiso Mountains, and Akaishi Mountains which extend into the neighbouring prefectures. The abundance of mountain ranges, natural scenic beauty, and rich history has gained Nagano Prefecture international recognition as a world-class winter sports tourist destination, including hosting the 1998 Winter Olympics and a new ...
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Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950. It is a price-weighted index, operating in the Japanese Yen (JP¥), and its components are reviewed once a year. The Nikkei measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors. Another major index for the Tokyo Stock Exchange is the Tokyo Stock Price Index (TOPIX). History The Nikkei 225 began to be calculated on , retroactively calculated back to May 16th 1949, when the average price of its component stocks was 176.21 yen. Since January 2010, the index is updated every 15 seconds during trading sessions. The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, the Osaka Securities Exchange (OSE) in 1988, Chicago Mercantile Exchange (CME) in 1990, i ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of compa ...
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Stock Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the same gro ...
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Nikkei Inc
Nikkei can refer to: *, abbreviated , Nikkei, a large media corporation in Japan *, abbreviated , Nikkei, a major business newspaper published in Japan *, a Japanese stock market index, published by ''Nihon Keizai Shimbun'' *, often simply ''Nikkei,'' people in the Japanese diaspora *, a Japanese-language newspaper published in São Paulo, Brazil {{disambig ...
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Ball Bearing
A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. It achieves this by using at least two races to contain the balls and transmit the loads through the balls. In most applications, one race is stationary and the other is attached to the rotating assembly (e.g., a hub or shaft). As one of the bearing races rotates it causes the balls to rotate as well. Because the balls are rolling they have a much lower coefficient of friction than if two flat surfaces were sliding against each other. Ball bearings tend to have lower load capacity for their size than other kinds of rolling-element bearings due to the smaller contact area between the balls and races. However, they can tolerate some misalignment of the inner and outer races. History Although bearings had been developed since ancient times, the first mod ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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