December 16, 2017 10:22 AM ET

Electrical Equipment

Company Overview of ETA Electric Industry Co., Ltd.

Company Overview

ETA Electric Industry Co., Ltd. manufactures and sells switching power supply products in Japan and internationally. It offers inlet and case type EMI filters; enclosed, open frame, on-board, and chassis module type AC/DC products; and enclosed, on-board, and chassis module type DC/DC products. The company was founded in 1979 and is headquartered in Tokyo, Japan.

2-16-10 Honhaneda

Ota-ku

Tokyo,  144-8611

Japan

Founded in 1979

142 Employees

Phone:

81 3 3745 7771

Fax:

81 3 3745 2423

Key Executives for ETA Electric Industry Co., Ltd.

Chief Executive Officer, President and Representative Director
Age: 57
Compensation as of Fiscal Year 2017.

ETA Electric Industry Co., Ltd. Key Developments

ETA Electric Industry Co.,Ltd.’s Securities To Be Delisted By TSE

ETA Electric Industry Co.,Ltd. had liabilities in excess of assets at the time of account settlement for the fiscal year ended March 2015, and TSE confirmed from the Securities Report submitted on June 24, 2016 that the company has liabilities in excess of assets once again at the time of account settlement for the fiscal year ended March 2016. Period of designation as securities to be delisted: from June 24, 2016 to July 24, 2016. Delisting date: July 25, 2016. In cases where circumstances in which such issue should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.

ETA Electric Industry Co., Ltd., Annual General Meeting, Jun 24, 2016

ETA Electric Industry Co., Ltd., Annual General Meeting, Jun 24, 2016.

TSE Designates ETA Electric Industry Co.,Ltd.’s Securities Under Supervision (Confirmation)

ETA Electric Industry Co.,Ltd. had been placed in a grace period pertaining to delisting, because the company had liabilities in excess of assets at the time of account settlement for the fiscal year ended March 2015. The company announced on May 18, 2016, that it expects to have liabilities in excess of assets once again at the time of account settlement for the fiscal year ended March 2016. In the event that TSE determines that the company has liabilities in excess of assets at the time of account settlement for said fiscal year upon inspection of the company's consolidated balance sheet in the securities report, the company's stock will be delisted. As such, TSE deems that said stock is likely to be delisted based on the company's announcement. Therefore, TSE designates said stock as Securities Under Supervision Confirmation). Period of Designation as Securities Under Supervision (Confirmation): from May 18, 2016 until the date when TSE determines whether such issue meets the delisting criteria.

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Recent Private Companies Transactions

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