#CorporateRestructuring

Tadano Ltd. has resolved to absorb its wholly owned subsidiary, Tadano Engineering Co., Ltd., effective April 1, 2026. The impact on consolidated earnings from the merger is expected to be minimal.

Edion Corporation will absorb its consolidated subsidiary PTN Co., Ltd. on April 1, 2026, aiming to streamline management and reduce administrative costs. There will be no capital increase or new share issuance due to the merger, and the impact on business performance is expected to be minimal.

Solasto Corporation entered into a contract on January 16, 2026, to spin off its childcare business by a simple absorption-type company split effective April 1, 2026, transferring the business to its 100% owned subsidiary, Solasto Kids Next Inc.

SHIFT Inc. plans to implement an absorption-type company split of Airitech Inc. on March 1, 2026, followed by the absorption-type merger of Airitech and Mader Inc. into Simtec Inc. on March 2, 2026. This aims to strengthen the business foundation and maximize group synergies.

SHIFT resolved to absorbively split all shares of its subsidiary Airitech to Stride Digital Group, and to absorbively merge Airitech and its subsidiary Madelle into Simtec. Scheduled effective dates are March 1 and 2, 2026.

On March 3, 2026, the Cinemileage business of consolidated subsidiary TOHO Cinemas will be absorbed and split into Toho Co., Ltd., with a new membership service "TOHO-ONE®" scheduled to launch.

Stanley Electric and Mitsubishi Electric Mobility have resolved to postpone the effective date of the company split associated with the establishment of a joint venture for next-generation vehicle lamp systems to the end of March 2026.

Hikari Tsushin, Inc. announced that it has filed a lawsuit with the Tokyo District Court seeking the cancellation of a correction notice following the dismissal decision by the National Tax Tribunal concerning the tax treatment of a past corporate restructuring involving its consolidated subsidiary, Inteia Holdings.

Sapporo Holdings Limited has resolved to absorb its wholly owned subsidiary, Sapporo Breweries Limited, through an absorption-type merger and to change its trade name to "Sapporo Breweries Limited" with the effective date of July 1, 2026.

KDDI Corporation has resolved to transfer its condominium collective power receiving service business to Next Power Corporation through an absorption-type company split, effective March 1, 2026.