SEIKOH GIKEN Co., Ltd. (JASDAQ:6834) agreed to acquire 99.69% stake in Fuji Electronics Industries co.,LTD from Rising Japan Equity No. 1 Investment Limited and from four minority shareholders for ¥2.9 billion on May 10, 2013. SEIKOH GIKEN will acquire 27,000 shares of Fuji Electronics.

The acquisition will be financed with own funds. The Board of Directors of SEIKOH GIKEN Co., Ltd. resolved the acquisition. The transaction is expected to close by May 31, 2013.