January 8, 2021 – Nisshinbo Holdings Inc. is pleased to announce that the resolution of the Board of Directors today has resulted in the merger and consolidation of consolidated subsidiaries New Japan Radio Co., Ltd. (New Japan Radio) and Ricoh Electronic Devices Co., Ltd. (Ricoh Electronic Devices), which constitute the Group's microdevices business.
The Nisshinbo Group's microdevices business has promoted business development with two core companies: New Japan Radio and Ricoh Electronic Devices.
Based on its microelectronics and microwave technologies, New Japan Radio is primarily engaged in the business of electronic device products, centered on analog semiconductors and microwave products. In 2005, New Japan Radio became a consolidated subsidiary of Nisshinbo Holdings and became a wholly owned subsidiary in 2018.
Ricoh Electronic Devices' business is centered on high-performance analog power ICs, with CMOS analog technologies as its core. In 2018, Ricoh Electronic Devices became a consolidated subsidiary of Nisshinbo Holdings.
By integrating the two consolidated subsidiaries and utilizing the two companies' resources (development, sales, and production) in an integrated manner, we will refine our "Connect Everything" technologies and further grow and develop as an analog solution provider in order to realize a super smart society.
The new company born from this merger, based on the Nisshinbo Group's corporate philosophy of “Change and Challenge! For the creation of the future of Earth and People," will provide analog solutions through electronic devices and microwave products that use analog technologies as strengths, contribute to the development of connected societies, and aim to be a company with the value and presence expected of customers around the world.
Some parts of text are omitted