Announcement of Start of Operations of Dexerials Precision Components Corporation and OSDC Corporation

Management

2020.12.23

Dexerials Corporation (Head Office: Shinagawa-ku, Tokyo; Representative Director and President: Yoshihisa Shinya; hereinafter referred to as the “Company”) is pleased to announce that the Company’s 100% subsidiary Dexerials Precision Components Corporation (hereinafter referred to as “DXPC”) and OSDC Corporation (hereinafter referred to as “OSDC”), a joint venture company between OUTSOURCING Inc. and the Company, will commence operations on January 1, 2021.

DXPC is a subsidiary that integrates design, technology, planning management, and manufacturing management functions in the micro devices business conducted in the Company, based on the announcement of the Company on August 28, 2020 “Notice of Implementation of Organizational Reforms Aiming for Achievement of the Mid-term Management Plan 2023“Challenges for Evolution” and Sustainable Growth.” DXPC was established on October 1, 2020.
OSDC is a joint venture company established by OUTSOURCING Inc. and the Company on November 2, 2020. OSDC will manufacture micro device products, etc. on commission from DXPC.

An outline of DXPC and OSDC is as follows:

■Outline of Dexerials Precision Components Corporation
Company name Dexerials Precision Components Corporation
Address 30 Aza-Kagano-Sakai, Takarae-Niida, Nakada-cho, Tome-shi, Miyagi
Telephone 0220-35-2800
Establishment October 1, 2020
Start of operations January 1, 2021
Capital stock 100 million yen (100% investment by Dexerials Corporation)
Business contents Design, technology, planning management, and manufacturing management of micro device products
Directors Representative Director and President Toshiya Satake
Representative Director and Deputy President Satoshi Ishiguro
Director Hisaya Tamura
Director Shuji Hayasaka
■Outline of OSDC Corporation
Company name OSDC Co., LTD
Address 1-8-3 Marunouchi, Chiyoda-ku, Tokyo
Telephone 03-3286-4141
Establishment November 2, 2020
Start of operations January 1, 2021
Capital stock 70 million yen
Investment ratio OUTSOURCING Inc.: 51% Dexerials Corporation: 49%
Business contents Manufacturing of micro device products, etc.

The Dexerials Group will continue to strive to be a company that achieves sustainable development by addressing social issues through the delivery of high-value-added products and technical solutions.