Senko Co., Ltd. entered into a stock transfer agreement to acquire 66.7% stake in Uacj Butsuryu Co.,Ltd from UACJ Corporation for ¥3.1 billon.

UACJ Corporation is principally engaged in the manufacture and sale of aluminum rolled products. The Company operates in three business segments. The Aluminum Rolled Products segment manufactures and sells rolled plate products, foil products, extruded products, cast products and forged products of aluminum and its alloys. The Copper Products segment manufactures and sells copper pipes, copper alloy pipes and their joints. The Processed Products and Related segment is engaged in manufacturing and sale of processed products such as aluminum and copper, contracting civil engineering works, and the freight transportation and handling related to the group's business.