#ConsolidatedSubsidiary

Rakus Inc. has completed the transfer of all shares in its consolidated subsidiary Rakus Partners Inc. to BREXA Technology, and expects to record an extraordinary profit of 16.5 billion yen in the first quarter of the fiscal year ending March 2027.

SHIFT Inc. acquired all shares of Nisseicom Ltd. through its subsidiary on April 1, 2026, making it a consolidated subsidiary. The acquisition cost was approximately JPY 17,792 million.

Kanadevia Corporation has resolved to transfer all 886,400 shares of its wholly owned subsidiary V-Tech Co., Ltd. to KITZ Corporation for 9,198 million yen, with the transfer scheduled for June 1, 2026.

Park24 Co., Ltd. plans to sell all 5,221,500 shares of its consolidated subsidiary TIMES24 SINGAPORE PTE. LTD. on April 28, 2026, and record an extraordinary loss of 3,000 million yen.

Transaction Co., Ltd. resolved on March 16, 2026, to acquire all 300 shares of Thousand Co., Ltd. and make it a consolidated subsidiary. Acquisition price is undisclosed; share transfer execution is scheduled for March 31, 2026.

A share transfer agreement was concluded on March 10, 2026, to transfer all 111,799,999 shares of consolidated subsidiary Yutaka Autoparts India Private ltd. to Samvardhana Motherson International Limited, with the transfer scheduled for March 16, 2026.

The Company decided to increase capital by 340 thousand USD (approximately 53,233 thousand JPY) in its consolidated subsidiary TOMOE TRADING VIETNAM CO., LTD., raising the capital to approximately 119,491 thousand JPY (scheduled in June 2026).

On February 27, 2026, Futaba Sangyo Co., Ltd. transferred 100% ownership of the consolidated subsidiary Tianjin Shuangxie Machinery Industry Co., Ltd. to Chuangzhao Trade Co., Ltd. The transfer price is undisclosed and the ownership will be 0% after the transfer.

Chori Co., Ltd. will dissolve its consolidated subsidiary Sumichori Co., Ltd. by March 2026 and write off approximately 6,478 million yen in loan receivables. Corporate taxes for the fiscal year ending March 2026 are expected to decrease by 2,178 million yen.

Transferred all 4,500 shares of Hapi-robo st Co., Ltd. for 1,035,000 yen. The scheduled transfer date is March 31, 2026, and the company is expected to be excluded from consolidation.

Consolidated subsidiary Kyoto Katsugyu transferred the operation of 11 restaurants to ATC Dining Co., Ltd. Transfer price was not disclosed; transfer date is February 27, 2026.

Komatsugawa Chemical Engineering Co., Ltd., a consolidated subsidiary, will relocate its head office to 6F Kanda System Building, 7 Kanda Konyacho, Chiyoda-ku, Tokyo on March 2, 2026. The impact on the consolidated financial results for the fiscal year ending March 2026 is expected to be minor.