Toray Industries, Inc. (TSE:3402) agreed to acquire an additional 23.81% stake in PT Century Textile Industry Tbk from Kanematsu Corp. (TSE:8020) and Kurabo Industries Ltd. (TSE:3106) on June 26, 2015. Kanematsu Corp will sell its entire shareholding of 2.3 million Series B Shares. Kurabo Industries Ltd will sell its entire shareholding of 0.08 million Series B Shares. Toray Industries Inc will increase its holding to 5.17 million Series B Shares and 0.2 million Series A Shares. Shareholders of PT Century Textile Industry Tbk approved the transaction on June 26, 2015.

Toray Industries, Inc. (TSE:3402) cancelled the acquisition of additional 23.81% stake in PT Century Textile Industry Tbk from Kanematsu Corp. (TSE:8020) and Kurabo Industries Ltd. (TSE:3106) on June 26, 2016.