KYOCERA Group Consolidates Optical Components Business
November 01 2016 - 8:04AM
Business Wire
Company builds new synergies to meet growing
demand for machine vision and robot vision in factory automation
and related applications
Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced today that
it has consolidated its optical components businesses, effective
November 1, 2016, by combining two wholly owned subsidiaries:
Kyocera Optec Co., Ltd. and recently acquired Melles Griot KK.
Kyocera Optec, based in Tokyo with operations dating back to
1949, specializes in optical design, measurement and manufacturing
of aspherical and infrared lenses for diverse factory automation
applications — as well as lenses for cameras, copiers, printers,
microscopes, projection equipment and automotive driver-assist
technologies.
Melles Griot KK was a Japan-based manufacturer originally part
of the larger Melles Griot network, and until recently, a
subsidiary of U.S.-based IDEX Corporation. In September 2016, a
share transfer agreement was concluded, making Melles Griot KK a
wholly owned subsidiary of Kyocera Corporation.
The combined enterprise started operation as Kyocera Optec Co.,
Ltd. as of November 1, 2016.
Kyocera Optec Overview (after
consolidation)
Company name Kyocera Optec Co., Ltd. Headquarters 3-1778
Osoki, Ome City, Tokyo 198-0003 Japan Representatives
Chairman: Tetsuo KubaPresident: Fuminori
Yamagiwa
Capital
JPY240 million (USD2.29 million*)
Employees 255 Date of Consolidation November 1, 2016
Main Objectives
In addition to the automotive and medical markets, demand for
optical components is expected to grow in the factory automation
market, fueled by efforts to streamline and automate production
processes worldwide — with fast-growing applications in machine
vision, robot vision and other image-recognition systems for
positioning and inspection processes.
This consolidation aims to yield synergies in the development
and manufacturing technologies cultivated over the years by Kyocera
Optec and Melles Griot KK, while enhancing the business’ sales and
marketing networks worldwide.
* Conversion based on the rate of USD1=JPY105 (as of October 31,
2016).
About KYOCERA
Kyocera Corporation (NYSE:KYO)(TOKYO:6971)
(http://global.kyocera.com/), the parent and global headquarters of
the Kyocera Group, was founded in 1959 as a producer of fine
ceramics (also known as “advanced ceramics”). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of electronic
components, printers, copiers, solar power generating systems,
mobile phones, semiconductor packages, cutting tools and industrial
ceramics. During the year ended March 31, 2016, the company’s net
sales totaled 1.48 trillion yen (approx. USD13.1 billion). Kyocera
appears on the 2014 and 2015 listings of the “Top 100 Global
Innovators” by Thomson Reuters, and is ranked #531 on Forbes
magazine’s 2016 “Global 2000” listing of the world’s largest
publicly traded companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20161101005734/en/
KYOCERA Corporation (Japan)Kenichi Hara,
+81-(0)75-604-3416Corporate
Communicationswebmaster.pressgl@kyocera.jpFax:
+81-(0)75-604-3516
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