#CapitalandBusinessAlliance

Valor Holdings Co., Ltd. has signed a basic agreement on capital and business alliance with Konan Shoji Co., Ltd. and resolved agreements related to Konan Shoji’s tender offer for Allenza Holdings. The impact on the fiscal year ending March 2026 is minimal.

A tender offer for 1,071,262 ordinary shares at 4,455 yen per share will be conducted from February 13, 2026, to March 13, 2026, aiming to make Wakachiku Construction a consolidated subsidiary of Aso.

A tender offer will be conducted from February 13 to March 13, 2026, targeting 1,071,262 shares (8.42%) at 4,455 yen per common share, aiming for consolidation of Wakachiku Construction into the Aso Group as a consolidated subsidiary.

Wakachiku Kensetsu Co., Ltd. has concluded a capital and business alliance agreement with Aso Corporation and ACVE Holdings LLC. The Aso Group is expected to hold 51.05% of the company’s shares. The tender offer is scheduled to begin on February 13, 2026.

ACVE Holdings LLC to conduct a tender offer for our shares (up to 1,071,262 shares, equivalent to 50.10%, at a purchase price of 4,455 yen) and concluded a capital and business alliance agreement with Asō on February 12, 2026.

Ristory Systems Co., Ltd. has acquired 270,000 common shares of Amiya Co., Ltd. (total acquisition price 810,810,000 yen) and concluded a capital and business alliance agreement on 2026-02-12.

Fujita Kanko has entered into a capital and business alliance agreement with NSSK-GAMMA2 LLC and plans to transfer 14,980,000 shares (25.00% of total issued shares) from DOWA Holdings at 2,603 yen per share via off-market transaction (scheduled for February 10, 2026).

Alps Alpine Co., Ltd. will terminate its capital and business alliance with NSK Ltd. effective January 28, 2026, and plans to gradually sell 3,000,000 shares held in NSK on the market. The business alliance will continue.

Nippon Seiki will dissolve its capital and business alliance with Alps Alpine on January 28, 2026, and plans to sell 2,600,000 shares held in the market. The business alliance will continue.

Our wholly-owned subsidiary THE SEVEN US, INC. has subscribed to a third-party allotment by Legend Pictures, LLC, investing 150 million US dollars to establish a capital and business alliance.