Sigmashinka Co., Ltd. acquired 6.95% stake in Nichiryoku Co.,Ltd. from MSC Co., Ltd. and Hisayoshi Teramura.

MSC Co., Ltd. is a Korea-based company principally engaged in the production and sale of food additives. The Company's products portfolio consists of carrageenan, used in processing of foods as suspending and emulsifying stabilizers, swelling agents, fat replacers, binders, dietary fibers, crystallization inhibitors and gelling agents in food processing; flavors such as water soluble flavors, oil soluble flavors, powdered flavors and emulsified flavors; seasonings, including snack seasonings, soup seasonings and others; natural food colors, extracted from natural raw materials, as well as beverage lines that include polyethylene terephthalate (PET) bottling line and spout-pouch filling line products. The Company also involves in the real estate leasing business.