Seiko Instruments Inc. (SII) announced today that the execution of the agreement regarding the share transfer of its wholly owned subsidiary SII NanoTechnology Inc. (SII NanoTech) to Hitachi High-Technologies Corporation (TSE: 8036, Hitachi High-Tech) will be postponed from originally scheduled date of July 25,2012, as regulatory approval by the authority is still pending. SII has reached a basic agreement on May 24, 2012 with Hitachi High-Tech to transfer all shares of SII NanoTech.
For more details, please refer to the announcement released by Seiko Holdings Corporation (TSE: 8050), SII’s parent company.

Seiko Holdings Corporation IR News
http://www.seiko.co.jp/en/dev/ data/doc/20120725_e.pdf
http://www.seiko.co.jp/en/ir/ news/index.php