#ConsolidatedSubsidiaryTransfer

Maxell Holdings, Ltd. plans to transfer all equity of its consolidated subsidiary Wuxi Maxell Energy Co., Ltd. to a Chinese company for 48.96 million RMB (approximately 1,083 million JPY), with the transfer execution scheduled for February 2026.

On January 22, 2026, Kyocera Corporation completed the transfer of all shares of its U.S. subsidiary Kyocera Industrial Tools, Inc. for 75,413 million yen. The transfer price may fluctuate going forward.

Scheduled on February 6, 2026, full transfer of 14,128 shares of consolidated subsidiary Video Market Inc. to PLAY Inc., resulting in its exclusion from consolidation.