Aichi Steel Corp. (TSE:5482) entered into basic agreement to acquire metal fiber business from Unitika Ltd. (TSE:3103) on February 4, 2015. Employees of the metal fiber business negotiate in the direction where they will be made to transfer. The tentative date for conclusion of the business transfer agreement is until the end of March, 2015. The time and amount of the sale will be determined by the end of next month.

Aichi Steel Corp. (TSE:5482) cancelled the acquisition of metal fiber business from Unitika Ltd. (TSE:3103) on February 4, 2016.