January 28, 2011
Name of listed company: Nippon Light Metal Co., Ltd.
Representative: Takashi Ishiyama, President and CEO(Securities code 5701; listed in the first section of the Tokyo and Osaka Stock Exchanges)
Manager of the Public Relations and IR Office and person in charge of inquiries: YoshinoriNonaka(TEL: +81-3-5461-9333)
Notice on Establishment of an Intermediate Holding Company Through Joint Share Transfer
by Seven Subsidiaries
We are pleased to announce that the Board of Directors’ meeting today has passed theresolution to establish Nikkeikin Kakoh Kaihatsu Holdings Company, Ltd., (hereinafterreferred to as the “Intermediate Holding Company”) through a joint share transfer by sevensubsidiaries of the Company.
1. Purpose of establishing an intermediate holding company
The aluminum extrusion and fabrication business of the NLM Group is run by seven coresubsidiaries (hereinafter collectively referred to as the “Parties”): namely, Nikkeikin
Aluminium Core Technology Co., Ltd.; Nikkei Extrusions Co., Ltd.; Riken Light Metal
Industrial Co., Ltd.; Nikkei Building Materials Co., Ltd.; Nikkei Technology Center Co., Ltd.;
Nikkei Niigata Co., Ltd.; and Nikkei Kambara Co., Ltd. In particular, Nikkeikin Aluminium
Core Technology Co., Ltd.; Nikkei Extrusions Co., Ltd.; and Riken Light Metal Industrial Co.,
Ltd., employ different sales, development, and production methods for each of their
specialized fields and manufacturing sites. The other four companies manufacture
distinctive products with well-honed unique manufacturing techniques.
With keen awareness of the needs to build on our strengths to enhance competitiveness inthe aluminum extrusion and fabrication business, the NLM Group has been pursuingcross-organizational collaboration. Amid an increasingly uncertain business outlook,however, we have come to consider it most appropriate to establish an intermediate holding
company to centrally control the businesses of the Parties. This centrally controlled
business operation will allow us to boost our competitiveness while fully utilizing theindividual strengths of the seven Parties.

With the new intermediate holding company centrally managing the resources of therespective companies, the Group is better poised to speed up decision-making processes
and efficiently allocate management resources in the extrusion and fabrication business,thereby aiming to increase the corporate value of the entire Group. Each group company willcontinue to provide traditional services, looking to improve the quality of service tocustomers.

2. Method of establishment
We are going to establish the intermediate holding company through joint share transfer by
seven Parties: namely, Riken Light Metal Industrial Co., Ltd.; Nikkei Building Materials Co.,
Ltd.; Nikkeikin Aluminium Core Technology Co., Ltd.; Nikkei Extrusions Co., Ltd.; Nikkei
Technology Center Co., Ltd.; Nikkei Niigata Co., Ltd.; and Nikkei Kambara Co., Ltd.

3. Overview of the Parties(1) Trade nameRiken Light Metal Industrial Co., Ltd.

(2) Representative

Shigeru Katsuyama, president and CEO(3) Location

Suruga-ku, Shizuoka-shi(4) Lines of business

Manufacture and sales of aluminum building materials andaluminum fabricated products.

(5) Date of establishment

February 28, 1980

(6) Fiscal year-end

March 31

(7) Capital

1,715 million yen(8) Number of issued shares

3,430,000(9) Net asset

3,877 million yen (as of the end of March 2010)(10) Total assets

8,125 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd., (98.5%)* and Nikkei Logistics
Co., Ltd. (1.5%)*Riken Light Metal Industrial Co., Ltd., is going to be a 100% subsidiary of Nippon Light
Metal Co., Ltd., on January 31, 2011.

(1) Trade name

Nikkei Building Materials Co., Ltd.

(2) Representative

Matsuyoshi Aoki, president and CEO(3) Location

Shinagawa-ku, Tokyo(4) Lines of business

Manufacture and sales of building materials and aluminumproducts, such as sashes.

(5) Date of establishment

March 1, 2010

(6) Fiscal year-end

March 31

(7) Capital

490 million yen(8) Number of issued shares

9,800(9) Net asset

874 million yen (as of the end of March 2010)(10) Total assets

18,259 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)

(1) Trade name

Nikkeikin Aluminium Core Technology Co., Ltd.

(2) Representative

Mikio Shimizu, president and CEO(3) Location

Shinagawa-ku, Tokyo(4) Lines of business

Manufacture and sales of sheets, pipes, rods, wires,
castings, and other items made of light metals, such asaluminum, and their alloys.

(5) Date of establishment

April 1, 1986

(6) Fiscal year-end

March 31

(7) Capital

460 million yen(8) Number of issued shares

18,200(9) Net asset

1,860 million yen (as of the end of March 2010)(10) Total assets

13,614 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)(1) Trade name

Nikkei Extrusions Co., Ltd.

(2) Representative

Yoshifumi Tonami, president and CEO(3) Location

Takahashi-shi, Okayama(4) Lines of business

Manufacture, processing, and sales of extrusions made ofaluminum and aluminum alloys.

(5) Date of establishmentApril 5, 1973

(6) Fiscal year-end

March 31

(7) Capital

400 million yen(8) Number of issued shares

40,000(9) Net asset

2,065 million yen (as of the end of March 2010)(10) Total assets

5,734 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)

(1) Trade name

Nikkei Technology Center Co., Ltd.

(2) Representative

Hiroshi Yamamoto, president and CEO(3) Location

Kaizuka-shi, Osaka(4) Lines of business

Manufacture and sales of pools, floodgates, and otherfabricated products made of aluminum.

(5) Date of establishment

September 19, 2000

(6) Fiscal year-end

March 31

(7) Capital

10 million yen(8) Number of issued shares

200(9) Net asset

144 million yen (as of the end of March 2010)(10) Total assets

1,134 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)(1) Trade name

Nikkei Niigata Co., Ltd.

(2) Representative

Shigeki Aoyama, president and CEO(3) Location

Kita-ku, Niigata-shi(4) Lines of business

Manufacture and sales of sheets, pipes, rods, wires,castings, and other items made of light metals, such asaluminum, and their alloys.

(5) Date of establishment

April 4, 2002

(6) Fiscal year-end

March 31

(7) Capital

10 million yen(8) Number of issued shares

200(9) Net asset

268 million yen (as of the end of March 2010)(10) Total assets

4,289 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)

(1) Trade name

Nikkei Kambara Co., Ltd.

(2) Representative

Akira Adachi, president and CEO(3) Location

Shimizu-ku, Shizuoka-shi(4) Lines of business

Manufacture and sales of sheets, pipes, rods, wires,castings, and other items made of light metals, such asaluminum, and their alloys.

(5) Date of establishment

April 4, 2002

(6) Fiscal year-end

March 31

(7) Capital

10 million yen(8) Number of issued shares

200(9) Net asset

336 million yen (as of the end of March 2010)(10) Total assets

1,925 million yen (as of the end of March 2010)(11) Shareholders

Nippon Light Metal Co., Ltd. (100%)

4. Overview of the intermediate holding company (provisional)(1) Trade name

Nikkeikin Kakoh Kaihatsu Holdings Company, Ltd.

(2) Representative

Atsushi Inoue, president and CEO(3) Location

Shinagawa-ku, Tokyo(4) Lines of business

Management of business activities of companies engaged
in the manufacture and sales of sheets, pipes, rods, wires,
castings, and other items made of light metals, such asaluminum, and their alloys by holding shares of or equity
interests in such companies.

(5) Date of establishment

March 1, 2011 by share transfer.

(6) Fiscal year-end

March 31

(7) Number of employees

To be determined.

(8) Principal place ofTokyobusiness(9) Capital

100 million yen(10) Number of issued

200,000shares(11) Major shareholders andNippon Light Metal Co., Ltd. (100%)

their shareholding ratio(12) Trend in performance inrecent fiscal years

There are no remarks to be made.

5. Schedule
January 28, 2011: The Board of Directors’ meeting of the Company passed the resolution toestablish the new company.
February 4, 2011: The Board of Directors’ meeting of the respective Parties is scheduled topass a resolution on their share transfer plans.
February 25, 2011: The general meeting of shareholders of the respective Parties isscheduled to pass a resolution on their share transfer plans.
March 1, 2011: Date of share transfer. The registration of establishment is scheduled to takeplace on this day.
6. Future outlook
Since all the Parties are consolidated subsidiaries of the Company, this joint share transfer
will not affect consolidated results of the Company.