December 10, 2016 9:57 PM ET

Electronic Equipment, Instruments and Components

Company Overview of NEC TOKIN Corporation

Company Overview

NEC TOKIN Corporation develops and manufactures electronic components. It offers conductive polymer tantalum, tantalum, and super capacitors; EMI countermeasure parts, flex suppressors, and transformers/choke coils; piezoelectric ceramics and multilayer piezoelectric actuators; and electronic materials, such as memoalloys, ferrite cores, permanent magnets, and electromagnet/electromagnet applied products. The company also offers magnetic direct current and thermal sensors, anechoic chambers, miniature relays, and noise suppression sheets. NEC TOKIN Corporation was formerly known as Tokin Corporation and changed its name to NEC TOKIN Corporation in January 2002. The company was founded in 193...

Chiyoda First Bldg

8-1, Nishi-Kanda 3-chome

Chiyoda-ku

Sendai-shi,  101-8362

Japan

Founded in 1938

Phone:

81 3 3515 9224

Fax:

81 3 3515 9223

Key Executives for NEC TOKIN Corporation

President and Representative Director
Senior Vice President
Senior Vice President
Vice President
Age: 61
Vice President
Compensation as of Fiscal Year 2016.

NEC TOKIN Corporation Key Developments

KEMET Announces Class Action Settlement Agreement Reached by NEC TOKIN

KEMET Corporation announced that NEC TOKIN Corporation reached a preliminary settlement with plaintiffs in two related U.S. antitrust class action suits. Pursuant to the terms of the settlement that has been reached in principle, in consideration of its release from the class action suits, the company will pay an aggregate $37.25 million to a settlement class of direct purchasers of capacitors and a settlement class of indirect purchasers of capacitors. Payments shall be made in installments, with the initial installment due 15 days after execution of the definitive settlement agreement, and annual installments extending through December 2019. The company and the plaintiffs are working to finalize the settlement in a definitive settlement agreement, the terms of which are subject to court approval.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 3, 2016
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