Announcement on the change of company name of Tokyo Denpa Co., Ltd.

Murata Manufacturing Co., Ltd. officially acquired Tokyo Denpa Co., Ltd. as a wholly-owned subsidiary in August 2013. Through this acquisition, Murata Manufacturing Co., Ltd. acquired products and technologies related to crystal devices, further enriched its product lineup, and is committed to strengthening the development, production and sales of crystal devices .

The two companies have long-term cooperation and established a good business relationship before this transaction. In addition to cooperation in sales, the two companies have also worked hard to carry out joint development and commercialization of high-precision, low-cost quartz oscillators "HCR".

The acquisition completed in 2013 was intended to further enhance the synergy between the two companies and to establish a solid system that would maximize the effective use of the development, production, sales, marketing and management capabilities of both companies and enable rapid business decisions .

The specific goal is to achieve synergy in the following three areas of business.

While securing the production capacity for quartz products and other products to meet the rapidly expanding demand, Murata Manufacturing's production technology, supply chain management capabilities , marketing methods, etc. will be formally introduced to Tokyo Denpa to increase the supply and demand response capabilities and seek maximum benefits.

While making every effort to effectively utilize Murata Manufacturing's sales network to expand sales of Tokyo Denpa's products globally, we are also committed to developing customers using our extensive product lineup and planning to further expand sales of both companies' products.

For world-leading customers, we will strengthen Tokyo Denpa's product planning and development proposal system, promote joint development of products that meet customer needs, and create high-function and high-value-added electronic component products.