Nippon Shokubai Announces to Form a Capital Alliance with TAK-Circulator

NIPPON SHOKUBAI CO., LTD. (Headquarter: Osaka, Japan, President: Masanori Ikeda, hereinafter “Nippon Shokubai”) announces that Nippon Shokubai has decided to subscribe for shares of TAK-Circulator Corporation (Headquarter: Tokyo, Japan, President: Asuka Morikawa, hereinafter “TAK-Circulator”) through a third party allotment.

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