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KIKUSUI CHEMICAL INDUSTRIES CO LTD to transfer fine ceramics business and expects extraordinary loss for FY 2015

Monday, 18 Aug 2014 03:00am EDT 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:To transfer production and sales business of fine ceramics to a wholly owned fine ceramics subsidiary of IMAE INDUSTRY, which is an Osaka-based company, for 520 million yen, on Oct. 31.Expects extraordinary loss of about 400 million yen as business transaction loss for FY ending March 2015. 

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