The share exchange is scheduled to be conducted by TAIYO YUDEN in accordance with the procedures for simplified share exchange based on the provisions of Article 796, Paragraph 2 of the Companies Act, without obtaining approval at a General Meeting of Shareholders; and to be conducted by ELNA with the approval of an Extraordinary General Meeting of Shareholders scheduled to be held on December 4, 2018.
Ahead of the effective date of the share exchange (scheduled for January 1, 2019), ordinary shares of ELNA are scheduled to be delisted from the Second Section of Tokyo Stock Exchange, Inc. (hereafter "the Tokyo Stock Exchange"), effective December 26, 2018 (with December 25, 2018 as the last day of trading).
Taiyo Yuden co. Ltd. is a japanese company and one of the leading manufactures of passives components. The portflio includes Ceramic capacitors, Inductors and SAW Filters.
Taiyo Yuden Europe GmbH
Telefon: +49 (911) 9364-0
Telefax: +49 (911) 9364-190
Telefon: +49 (911) 9364-125
Fax: +49 (911) 9364-190