Strengthening refractory construction and one-stop sales through the acquisition of VQP2023 and integration of 三友築炉

「At a meeting of the Board of Directors held on 25 April 2024, the company resolved to acquire all issued shares of VQP2023株式会社 and make it a subsidiary, and made VQP2023株式会社 a subsidiary effective 26 April 2024. Through this integration, the company will be able to share technology, expertise and its customer base with the Group and strengthen one-stop sales combining the manufacture and sale of refractory materials with furnace construction. For this reason, the company decided to acquire all issued shares of VQP2023 and make it a subsidiary.」