Notification of Representatives of the New Semiconductor Business Company Called SII Semiconductor Corporation

Seiko Instruments Inc. (President: Hitoshi Murakami, Head Office: Chiba-shi, Chiba), a subsidiary of Seiko Holdings Corporation (President: Yoshinobu Nakamura, Head Office: Minato-ku, Tokyo), and Development Bank of Japan Inc. (President & CEO: Masanori Yanagi, Head Office: Chiyoda-ku, Tokyo) today announced the representatives of the new joint venture semiconductor business company called SII Semiconductor Corporation that will commence operation in January 2016.

1.Representative
Chairman　Yoshihide Fujii
President & Representative Director　Nobumasa Ishiai

2.Date of Assumption
January 5, 2016

3.Career Summary

Chairman Yoshihide Fujii, born on March 15, 1950

1973	Graduated from the faculty of law, Kyoto University
1973	Tohiba Corporation
2003	Toshiba Semiconductor Company: Vice President
2003	Toshiba: Executive Officer, Corporate Vice President
2004	Toshiba: Executive Officer, Corporate Senior Vice President
	Toshiba Digital Media Network Company: President
2009	Toshiba: Executive Officer, Corporate Executive Vice President
	Toshiba in the Americas: Chief Regional Representative
2014	Seiko Instruments Inc.: Chairman (present)
	Seiko Holdings Corporation: Director (present)

President & Representative Director Nobumasa Ishiai, born on Nov 5, 1953

1978	Graduated from the faculty of commerce, Keio University
1978	Sumitomo Heavy Industries, Ltd.
1986	Bayer Ltd.: General Manager - Sales & Marketing Engineering Plastics Synthetic Rubbers, Urethane Elastomer
1993	GE International Inc. Japan GE Polymerland Japan Ltd.: President & COO
2002	Invensys Climate Controls Asia/Pacific: Senior Vice President Ranco Japan Limited： President & CEO Densei Lambda: Board of Director
2005	Arysta Life Science Corporation: Senior Executive Officer & Japan, Asia and Life Science Business Group CEO
2011	Cabot Japan K.K.: President and Representative Director

4.Outline of the New Company

1.Name	SII Semiconductor Corporation
2.Location	8, Nakase 1-chome, Mihama-ku, Chiba-shi, Chiba
3.Business line	Manufacture and sale of semiconductors
4.Date of establishment	September 28, 2015
5.Joint investment/ start of operation	January 5, 2016 (scheduled)
6.Capital (after joint investment)	9,250 million yen
7.Principal shareholders and ownership (After joint investment)	Seiko Instruments Inc. 60% Development Bank of Japan Inc. 40%

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