SHINSHO CORPORATIONSHINSHO CORPORATION

KOBELCO

Acquisition of the shares of the Korean company conducting cutting processing of aluminum plates and whole sale

Kobelco Tsutsunaka Trading, Co., Ltd. (hereinafter, “Kobelco Tustsunaka Trading”), a subsidiary of Shinsho Corporation, acquired the shares of Korea Tsutsunaka & Namekawa Aluminum Co., Ltd. from Tsutsunaka Metal Industry Co., Ltd. in May 2015 to make it a subsidiary under a new corporate name of KTN Co., Ltd. (hereinafter, “KTN”).
KTN runs cutting processing of high-precision aluminum plates and whole sale business thereof in Korea. KTN is the first base of nonferrous metal processing and sales for the Shinsho group in the country. Through KTN, we promote efficiency of supply chains for overseas customers.Shinsho Corporation pursues aggressive business development in the future in cooperation with Kobelco Tsutsunaka Trading and KTN.

Outline
NameKTN Co., Ltd.
RepresentativeMasanori HORINAKA
Address#130 Maesan-ri, Mohyeon-myun, Cheoin-gu, Yongin-si, Kyonggi-do, Korea 449-853
Established2003
Outline of BusinessCutting processing of the aluminum plate and whole sales
CapitalKRW900 million
Shareholding RatioKOBELO TSUTSUNAKA TRADING, CO., LTD. 88.89%
Namekawa Keido Co., Ltd. 11.11%
Number of Employees10
Phone(+82)31-321-4179
FAX(+82)31-321-4189

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