UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
IXYS CORPORATION
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 000-26124 | 77-0140882 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1590 Buckeye Dr.
Milpitas, California 95035
(Address of Principal Executive Offices) (Zip Code)
Uzi Sasson: (408) 457-9000
(Name and telephone number, including area code, of the person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
| ☒ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2016. |
SECTION 1 – CONFLICT MINERALS DISCLOSURE
| ITEM 1.01 | CONFLICT MINERALS DISCLOSURE AND REPORT |
IXYS Corporation, or IXYS, has determined that tin, tungsten and gold, collectively defined as conflict minerals, are necessary to the functionality or production of its products.
Conflict Minerals Disclosure
IXYS’s Conflict Minerals Report is filed as Exhibit 1.01 hereto and is also available at the following link: http://www.ixys.com/Documents/InvestorRelations/ConflictMineralsReport2016.pdf.
| ITEM 1.02 | EXHIBIT |
IXYS’s Conflict Minerals Report for 2016 is filed as Exhibit 1.01 hereto.
SECTION 2 – EXHIBITS
| ITEM 2.01 | EXHIBITS |
Exhibit 1.01 – Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
| IXYS CORPORATION | ||||||
| Date: May 31, 2017 | By: | /s/ Uzi Sasson | ||||
| Uzi Sasson President | ||||||
EXHIBIT 1.01
IXYS CORPORATION
CONFLICT MINERALS REPORT
2016
COMPANY OVERVIEW
IXYS Corporation, or IXYS, is a manufacturer of semiconductors, including power semiconductors, mixed-signal integrated circuits and microcontrollers, and of certain electronic systems and subsystems, such as pulse generators. IXYS determined that its products contained tin, tungsten and gold, collectively defined as conflict minerals, although the conflict minerals vary by product.
In conducting its business, IXYS is several levels removed from the actual mining of conflict minerals. IXYS does not make purchases of raw ore or unrefined conflict minerals and makes no purchases in the Democratic Republic of the Congo or an adjoining country.
REASONABLE COUNTRY OF ORIGIN INQUIRY
IXYS conducted a reasonable country of origin inquiry, or RCOI, to determine whether the conflict minerals necessary to the functionality or production of its products originated in the Democratic Republic of the Congo or an adjoining country or are from recycled or scrap resources. IXYS contacted suppliers of items incorporated in its products or used in its manufacturing that potentially contained conflict minerals, referred to in this Report as a supplier, and asked them to provide information on (1) the conflict minerals contained in each of the items supplied by that supplier and (2) the source of the conflict minerals, including smelter information and location of mines. Each supplier was asked to complete a Conflict Minerals Reporting Template (“CMRT”) in a form issued by the Conflict-Free Sourcing Initiative (“CFSI”). Not all suppliers responded.
DUE DILIGENCE
The due diligence framework applicable to IXYS was The Organization for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
The IXYS due diligence exercise included:
1. Submitting a CMRT to each supplier of items potentially containing conflict minerals. That template provided a standardized method for IXYS to use in the collection of representations, statements and data from suppliers relative to the presence, use, source and chain of custody of conflict minerals in supplier items that are incorporated in IXYS products or used in manufacturing. Not all suppliers responded.
2. Submitting the CFSI’s Smelter Reference List, which is a compilation of names and locations of known smelters and refiners, to each supplier of items potentially containing conflict minerals.
3. Comparing smelters identified in the reporting templates against the list of smelter and refining facilities which have been identified as “compliant” by the CFSI. The CFSI program is a voluntary program whereby an independent third party evaluates smelter or refiner procurement activities to determine whether a smelter or refiner has sufficiently demonstrated that all materials processed by that smelter or refiner originated from sources that do not directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo or an adjoining country.
Annex I to this Conflict Minerals Report sets forth a list of smelters and refiners identified through due diligence that IXYS believes may have been used to process conflict minerals contained in IXYS products.
In numerous cases, IXYS received conflicting or incomplete information regarding the facilities utilized to process necessary conflict minerals, as well as insufficient information regarding the mines or sources of origin of those conflict minerals.
Based on the due diligence efforts, IXYS does not have sufficient information to conclusively determine the countries of origin of the conflict minerals in its products or whether the conflict minerals in its products are from recycled or scrap sources. However, based on the information that has been obtained, IXYS believes that the countries of origin of the conflict minerals contained in its products include the countries listed in Annex II below, as well as recycled and scrap sources.
ADDITIONAL RISK FACTORS
The statements included in this Conflict Minerals Report are based on the information available at the time of filing. A number of factors could introduce errors or otherwise affect our statements.
These factors include, but are not limited to: (i) gaps in supplier or smelter data; (ii) errors or omissions by suppliers or smelters; (iii) uncertainty or varied interpretations of the disclosure requirements described in the SEC final rules; (iv) all instances of conflict minerals necessary to the functionality or manufacturing of our products may not yet have been identified; (v) timeliness of data received from our suppliers; (vi) information that is in the public domain may not be discovered; (vii) there may be errors in publicly available information; (viii) language barriers or errors in translation could lead to inaccurate information; (ix) some suppliers and smelters are unfamiliar or uncooperative with the due diligence process and information required to be provided due to this new regulation, which could lead to inaccurate responses; (x) there could be oversights or errors in smelter audits; (xi) materials sourced from the Democratic Republic of the Congo or an adjoining country could be inaccurately declared secondary materials; (xii) difficulties obtaining information from companies that are no longer in business; and (xiii) smuggling of conflict minerals outside the Democratic Republic of the Congo or an adjoining country may make identification of their origin more difficult.
ANNEX I
| Metal |
Smelter Name |
Smelter Country | ||
| Gold | Allgemeine Gold-und Silberscheideanstalt A.G. | Germany | ||
| Gold | AngloGold Ashanti Córrego do Sítio Mineração | Brazil | ||
| Gold | Argor-Heraeus S.A. | Switzerland | ||
| Gold | Asahi Pretec Corporation | Japan | ||
| Gold | Aurubis AG | Germany | ||
| Gold | Boliden AB | Germany | ||
| Gold | C. Hafner GmbH + Co. KG | Germany | ||
| Gold | CCR Refinery - Glencore Canada Corporation | Canada | ||
| Gold | Chimet S.p.A. | Italy | ||
| Gold | Dowa | Japan | ||
| Gold | Eco-System Recycling Co., Ltd. | Japan | ||
| Gold | Heimerle + Meule GmbH | Germany | ||
| Gold | Heraeus Ltd. Hong Kong | China | ||
| Gold | Heraeus Precious Metals GmbH & Co. KG | Germany | ||
| Gold | Ishifuku Metal Industry Co., Ltd. | Japan | ||
| Gold | Istanbul Gold Refinery | Turkey | ||
| Gold | Johnson Matthey Inc. | United States | ||
| Gold | Johnson Matthey Canada | Canada | ||
| Gold | JX Nippon Mining & Metals Co., Ltd. | Japan | ||
| Gold | Kennecott Utah Copper LLC | United States | ||
| Gold | Kojima Chemicals Co., Ltd. | Japan | ||
| Gold | LS-NIKKO Copper Inc. | Japan | ||
| Gold | Materion | United States | ||
| Gold | Matsuda Sangyo Co., Ltd. | Japan | ||
| Gold | Metalor Technologies (Hong Kong) Ltd. | China | ||
| Gold | Metalor Switzerland | Switzerland | ||
| Gold | Metalor USA Refining Corporation | United States | ||
| Gold | Mitsubishi Materials Corporation | Japan | ||
| Gold | Mitsui Mining and Smelting Co., Ltd. | Japan | ||
| Gold | Nihon Material Co., Ltd. | Japan | ||
| Gold | Ohura Precious Metal Industry Co., Ltd. | Japan | ||
| Gold | PAMP S.A. | Switzerland | ||
| Gold | Rand Refinery (Pty) Ltd. | South Africa | ||
| Gold | Royal Canadian Mint | Canada | ||
| Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | China | ||
| Gold | Solar Applied Materials Technology Corp. | Taiwan | ||
| Gold | Sumitomo Metal Mining Co., Ltd. | Japan | ||
| Gold | Tanaka kikinzoku kogyo K.k | Japan | ||
| Gold | The Refinery of Shandong Gold Mining Co., Ltd. | China | ||
| Gold | Tokuriki Honten Co., Ltd. | Japan | ||
| Gold | Umicore S.A. Business Unit Precious Metals Refining | Netherlands | ||
| Gold | United Precious Metal Refining, Inc. | Belgium | ||
| Gold | Valcambi S.A. | Switzerland | ||
| Gold | The Perth Mint | Australia | ||
| Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | China | ||
| Tin | Alpha | United States | ||
| Tin | Cooperativa Metalurgica de Rondônia Ltda. | Brazil | ||
| Tin | PT Aries Kencana Sejahtera | Malaysia | ||
| Tin | CV United Smelting | Malaysia | ||
| Tin | EM Vinto | Bolivia | ||
| Tin | Fenix Metals | Poland | ||
| Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | China | ||
| Tin | Malaysia Smelting Corporation (MSC) | Malaysia | ||
| Tin | Mineração Taboca S.A. | Brazil | ||
| Tin | Minsur | Peru | ||
| Tin | Mitsubishi Materials Corporation | Japan | ||
| Tin | OMSA | Brazil | ||
| Tin | PT Artha Cipta Langgeng | Malaysia | ||
| Tin | PT Babel Inti Perkasa | Malaysia | ||
| Tin | PT Bangka Tin Industry | Malaysia | ||
| Tin | PT Belitung Industri Sejahtera | Malaysia | ||
| Tin | PT Bukit Timah | Malaysia | ||
| Tin | PT DS Jaya Abadi | Malaysia | ||
| Tin | PT Eunindo Usaha Mandiri | Malaysia | ||
| Tin | PT Mitra Stania Prima | Malaysia | ||
| Tin | PT Panca Mega Persada | Malaysia | ||
| Tin | PT Prima Timah Utama | Malaysia | ||
| Tin | PT Refined Bangka Tin | Malaysia | ||
| Tin | PT Sariwiguna Binasentosa | Malaysia | ||
| Tin | PT Stanindo Inti Perkasa | Malaysia | ||
| Tin | PT Tambang Timah | Malaysia | ||
| Tin | PT Timah (Persero) Tbk Mentok | Malaysia | ||
| Tin | PT Tinindo Inter Nusa | Malaysia | ||
| Tin | Soft Metais Ltda. | Brazil | ||
| Tin | Thaisarco | Thailand | ||
| Tin | White Solder Metalurgia e Mineração Ltda. | Brazil | ||
| Tin | Magnu’s Minerais Metais e Ligas Ltda. | Brazil | ||
| Tin | Melt Metais e Ligas S.A. | Brazil | ||
| Tin | PT ATD Makmur Mandiri Jaya | Malaysia | ||
| Tin | PT Inti Stania Prima | Malaysia | ||
| Tin | Metallo-Chimique N.V. | Belgium | ||
| Tin | Yunnan Tin Company Limited | China | ||
| Tin | O.M. Manufacturing Philippines, Inc. | Philippines | ||
| Tungsten | Xiamen Tungsten Co., Ltd. | China | ||
| Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | China | ||
| Tungsten | H.C. Starck GmbH | Germany | ||
ANNEX II
| Sources | ||
| BELGIUM |
||
| BRAZIL |
||
| CHILE |
||
| CHINA |
||
| INDONESIA |
||
| MALAYSIA |
||
| PHILIPPINES |
||
| PERU |
||
| UNITED STATES |
||