Hitachi Construction Machinery Co. Ltd. (TSE:6305) agreed to acquire 49% stake in Shintohoku Metal Co., Ltd. from Nippon Chuzo k. k. (TSE:5609) for ¥14.7 million on March 20, 2014. Hitachi Construction will acquire 147 shares of Shintohoku Metal Co. at a price of ¥100000 per share. The transaction was resolved by Board of Directors of Nippon Chuzo on March 20, 2014. The transaction is expected to be completed on March 28, 2014.

Hitachi Construction Machinery Co. Ltd. (TSE:6305) cancelled the acquisition of 49% stake in Shintohoku Metal Co., Ltd. from Nippon Chuzo k. k. (TSE:5609) on March 20, 2015.