#ConsolidatedSubsidiaryEquityTransfer

Taiheiyo Cement will transfer an 88.51% equity interest in its consolidated subsidiary Jiangnan-Onoda Cement Co., Ltd. to Nanjing Yida Vertical-Horizontal Building Materials Co., Ltd. for approximately 1,340 million yen, scheduled for execution in March 2026.

Yodoko Corporation concluded a basic agreement on January 28, 2026, to transfer 95% equity interest in its consolidated subsidiary, Yodogawa Seiyo (Hefei) High-tech Steel Sheet Co., Ltd., to Shanghai Qin Heng International Trade Co., Ltd.