J&T Glory International Co., Ltd. agreed to acquire additional 15.91% stake in Zhejiang Maezawa Glory Drainage Material Co., Ltd. from Maezawa Kasei Industries Co., Ltd. (TSE:7925) on March 30, 2017. The stake transfer contract will be concluded in May 2017. As of March 30, 2017, Board of Maezawa Kasei Industries Co., Ltd. resolved the transaction.