Nippon Thompson (IKO) acquires 75% of UBC

Nippon Thompson Co., Ltd. Announces that the Board Member of the Company resolved on October 17, 2016 that the Company acquires the equity of UBC (Shanghai) Precision Bearing Manufacturing Co., Ltd and UBC Shanghai and its subsidaiary UBC (Suzhou) Bearing Co., Ltd.

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More details, reason of acquisition, overview of the new subsidiaries and further outlook can be read in the Notice document on the following link http://www.ikont.co.jp/eg/ir/finance/pdf/20161017.pdf

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