Kuraray Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Fumio Ito; "Kuraray") and Noritake Co., Limited (Headquarters: Nagoya City, Aichi Prefecture; President: Hitoshi Tanemura; "Noritake") today announced a basic agreement regarding the integration of the dental materials businesses of their respective wholly owned subsidiaries Kuraray Medical Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Sadaaki Matsuyama; "Kuraray Medical") and Noritake Dental Supply Co., Limited (Headquarters: Nagoya City, Aichi Prefecture; President: Kozo Yamada; "Noritake Dental Supply").
In accordance with this basic agreement, both Kuraray and Noritake will file the notification with the Japan Fair Trade Commission under Antitrust Act and thereafter establish a holding company in April 2011. Under this new holding company, the two companies will promote the business integration of the relevant subsidiaries, and plan to integrate the holding company, Kuraray Medical and Noritake Dental Supply on April 1, 2012.