Japan Fine Ceramics Co. Ltd. signed a basic agreement to acquire SDMC's Ceramics Business from Showa Denko Materials Co., Ltd. on July 7, 2021. As of December 28, 2021 Japan Fine Ceramics Co.

Ltd. signed an agreement to acquire SDMC's Ceramics Business from Showa Denko Materials Co., Ltd. The transaction is expected to close in September 2021. As of January 12, 2022 the transaction is expected to close on July 1, 2022.