2023
2023/12/18
MinebeaMitsumi Co., Ltd.
MinebeaMitsumi Announces Signing a Memorandum of Understanding with the Cambodian Ministry of Mines, Industries, and Energy on the Solar Power Generation Business
Recently, MinebeaMitsumi Co., Ltd. (Headquarters: Nagano Prefecture, Chairman and CEO: Yoshihisa Kainuma, hereafter MinebeaMitsumi) has signed a memorandum of understanding regarding the solar power generation business with the Cambodian Ministry of Mines and Energy (Ministry of Mines and Energy, hereafter MME).
This Memorandum of Understanding was signed between H.E. Keo Rattanak, Mines of Mines and Energy and our CEO Yoshihisa Kainuma in conjunction with the Asian Zero Emissions Community (AZEC: Asian Zero Emissions Community) summit meeting held today.
MinebeaMitsumi aims to support MinebeaMitsumi's existing plant in Cambodia and the entire amount of electricity required when expanding the plant in the future with renewable energy, and SchneiTec, which is a local government certified power operator in Cambodia, and MinebeaMitsumi will start operating a 50 MW solar power generation business in the Krakow district of Pursat State, Cambodia in 2025, and will operate for the next 20 years I'm planning it.
This concept realizes the ultimate vertically integrated production system by adding in-house power generation to the current vertically integrated production system, which supports the source of MinebeaMitsumi's competitiveness, which balances ultra-precision processing technology and mass production.
Furthermore, with this photovoltaic power generation business in Cambodia, it is possible to convert 100% of the electricity used at MinebeaMitsumi's Cambodian plant into renewable energy, and at the same time, as announced at our financial results briefing on 2023/11/2, large-scale solar power generation facilities (in-house power generation facilities operating on the Cebu Mitsumi Plant site, with an electromotive power of 7.9 MW), and An electricity procurement agreement (PPA) within the Philippines makes it possible to respond with 100% renewable energy.
MinebeaMitsumi established a local subsidiary in Cambodia's Phnom Penh Special Economic Zone (PPSEZ) in 2010 as the country's first precision electronic components manufacturer, and production began in 2011. The MinebeaMitsumi Cambodia Plant handles a wide range of MinebeaMitsumi products such as bearings and small motors, and since its establishment, we have been working to contribute to the local community by creating local employment, improving the living environment for employees, and developing human resources through the manufacture of various electronic components.
Furthermore, under the Group Environmental Policy, MinebeaMitsumi is currently aiming to reduce greenhouse gas emissions by 30% by the fiscal year ending 2031/3 (compared to the fiscal year ending March 31, 2021) and achieve actual zero by 2050. To achieve this, MinebeaMitsumi is considering various measures, starting with the introduction of solar power generation systems at its own sites around the world, and is further strengthening efforts related to decarbonization and environmental impact reduction.
Based on the management philosophy of “contributing to the realization of a sustainable, earth-friendly, and prosperous society by making better products faster, more, cheaper, and smarter,” MinebeaMitsumi will continue to work to further spread and expand renewable energy and realize a sustainable society.
MinebeaMitsumi plans solar power business in Prusat Province, Cambodia
Scenes during document exchange (photo taken by our company)
Photo from the left side of the front row:
Keo Ratana, Minister of Mines and Energy of Cambodia
(His Excellency Keo Rattanak, Mines of Mines and Energy)
Yoshihisa Kainuma, Chairman and CEO of the Company
From the left side of the back row of photos:
Hun Manet, Prime Minister of the Kingdom of Cambodia
(Samdech Moha Borvor Thipadei HUN Manet, Prime Doubt of the Kingdom of Cambodia)
Kishida Fumio, Prime Minister of Japan
About MinebeaMitsumi's sustainability
For reference
| 2023/10/19 | |
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| 2023/11/2 |
About MinebeaMitsumi Cambodia Plant
The MinebeaMitsumi Cambodia Plant received permission to operate as Cambodia's first precision motor manufacturing company in 2010/12, began small-scale production at a rental plant within PPSEZ from 2011/4/1, then began full-scale production activities at the first building of our factory within PPSEZ from 2011/12/17.
After that, operation began in the 2nd building in 2013 and the 3rd building in 2016/12, and currently, we are producing miniature small-diameter ball bearings, stepping motors used in office automation equipment, DC motors with brushes for AV equipment, etc., smart LED street lights, etc.
Also, since 2019, we have been supporting the national team as an official partner of the Cambodian national soccer team.
| location | Phnom Penh Special Economic Zone, National Road 4, Sangkat Phleung Chhes Rotes, Khan Posenchey, Phnom Penh, Cambodia |
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| Start of operations | 2011/4 |
| Outline of activities | Manufacture of electronic components such as small motors |
| Number of employees | Approximately 7,500 people (including dispatch etc. at the end of September 2023) |
About MinebeaMitsumi
MinebeaMitsumi has the world's No. 1 market share*1Compatible (Sogo) handles various mechanical and electronic parts such as motors, sensors, semiconductors, etc., with a focus on core technology representing ultra-precision processing technology, such as miniature small-diameter ball bearings (bearings) that make machines rotate smoothly, and protection ICs for 1-direct lithium-ion batteries, etc.*2We are a precision parts manufacturer. Our ultra-precision technology is used in a wide range of fields, such as home appliances such as air conditioners, vacuum cleaners, dryers, game consoles, etc., information devices such as smartphones and computers, automobile/aerospace/space products, and medical devices, etc., to support everyone's lives in invisible places.
- *1 MinebeaMitsumi research
- *2 Compatibility: It does not mean “integration,” but “matching,” evolving “core products” by fusing and utilizing technologies owned by the company, and creating new products in various fields by further matching those evolved products.
| Contact information for press inquiries | MinebeaMitsumi Co., Ltd. Public Relations and IR Office Phone:03-6758-6703 Fax:03-6758-6718 e-mail: koffice@minebeamitsumi.com |
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The information posted here is current as of the date of publication. Please note that it may differ from the latest information due to product or product specification changes, discontinuation of sales, etc.
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