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TOKYO, JAPAN, March 26, 2008 – Elpida Memory, Inc (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM) products, today announced that there was a change in Elpida's major shareholder's shareholding ratio. Details appear below.
- Previous Major Shareholder
| Company name: |
Hitachi, Ltd. |
| Headquarters: |
Chiyoda-ku, Tokyo, Japan |
| President: |
Mr. Kazuo Furukawa |
- Amount of voting stock before and after sale of Elpida stocks (along with total stocks held by the shareholder) and percentages of voting stock.
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Voting Stock
(Number of stocks held) |
% of Voting Stock |
Shareholding Rank |
Pre-sale
(as of September 30, 2007) |
142,999
(14,299,980) |
11.03% |
1st |
Post-sale
(as of March 26, 2008) |
128,000
(12,800,000) |
9.87% |
1st |
| (Note 1) |
The shareholding rank is based on the register of shareholders as of September 30, 2007. |
| (Note 2) |
- Number of stocks without voting rights (as of September 30, 2007) which are excluded from the total number of stocks outstanding: |
10,200 |
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- Total number of stocks outstanding as of February 29, 2008: |
129,760,200 |
- Date of sale of Elpida stocks by Hitachi. Ltd.
March 18, 2008
- Impact of the Sale of Shares
The business relationship with Hitachi will remain the same, and we do not expect a change in its Elpida share ownership to affect our business performance.
About Elpida Memory, Inc.
Elpida Memory, Inc., (Tokyo Stock Exchange: Code 6665), is a leading global manufacturer of Dynamic Random Access Memory (DRAM) silicon chips. Our design, manufacturing, and sales operations are backed by our world-class technology expertise. Our manufacturing facilities, Hiroshima Elpida Memory, Inc. (wafer processing) and Akita Elpida Memory, Inc. (packaging and testing), utilize the most advanced manufacturing technologies available in the industry. Elpida's portfolio of advanced products features such characteristics as high-density, high-speed, low power and small packing profiles. The company provides applications across a wide range of areas, including high-end servers, mobile phones and digital consumer electronics. For more information about Elpida, please visit http://www.elpida.com.
Information in this news release is current as of the timing of the release, but may be revised later without notice.
 also available in Adobe PDF format
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