#BusinessExpansion

Consolidated subsidiary Pacific Golf Management Co., Ltd. acquires all 200 shares of Kitakyushu Golf Co., Ltd., making it a grandchild company. Acquisition price is less than 2% of consolidated net assets. Scheduled acquisition date is 2026-06-01.

Iida Group Holdings resolved to acquire a 51% equity interest in the U.S. Wright Homes Group for approximately 56.4 million USD (approximately 5.64 billion JPY) and make it a subsidiary (March 10, 2026).

At the shareholders meeting scheduled for March 27, 2026, a proposal to add and reorganize business objectives in Article 2 of the Articles of Incorporation to reflect business expansion will be submitted.

GMO Internet Group plans to resolve amendments to the articles of incorporation at the shareholders meeting scheduled for March 19, 2026. The amendment aims to expand business domains by adding AI & Robotics, Cybersecurity, and Insurance & Small Amount and Short-Term Insurance businesses.

Yamazen Corporation announced that on February 6, 2026, it reached a final agreement to acquire all 72,981 shares of AtoG1 Inc., making it a wholly owned subsidiary.

Sanki Engineering Co., Ltd. resolved on January 29, 2026 to acquire 40% of the shares of Malaysia’s ES Matrix Sdn. Bhd. and apply the equity method to make it an affiliate; the transfer is scheduled to complete by the end of March 2026.

Increased the capital expenditure plan for the US subsidiary Vinton Steel by USD 72 million to a total of USD 327 million. Production capacity will be enhanced for both steelmaking and rolling facilities, with commercial operation of the new line scheduled for October 2027.

On January 5, 2026, Ando Corporation acquired all 6,500,000 shares of Singapore construction company QXY Resources Pte. Ltd., aiming to strengthen its business foundation in Southeast Asia.