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KYOCERA Corporation announced it will acquire 33.0% of the shares of Japan Aviation Electronics Industry (JAE) from NEC Corporation, making JAE an equity-method affiliate. The acquisition is scheduled for October 31, 2025.
Yamagata Aviation Electronics, a subsidiary of Japan Aviation Electronics Industry, has begun construction to expand its second factory in Shinjo, Yamagata, to increase production capacity for automotive and industrial connectors by 1.5 times. The investment is about 5 billion yen, with completion expected in spring 2023 and about 30 new jobs.