#DenkaCompanyLimited

Denka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. acquired 3,223,919 common shares of Kainos Corporation via a tender offer at a price of 2,285 yen per share, increasing their voting ownership ratio to 73.36% (Period: 2026-02-09 to 2026-03-25).

On March 9, 2026, Denka Company Limited decided to acquire 15,000 shares (15.0%) of Toyo Styrene Co., Ltd. held by Daicel Corporation, raising its ownership ratio from 50.0% to 65.0% and making it a consolidated subsidiary.

Denka Company Limited and its wholly owned subsidiary Flowers Co., Ltd. made a partial correction to the announcement regarding the commencement of the tender offer for Kainos Corporation on March 5, 2026.

Denka Company Limited has commenced consideration of a spin-off of its styrene-related business targeting April 2027, aiming to enhance business value and establish a nimble decision-making structure.

Operating income for the 3rd quarter of fiscal 2025 was 18.2 billion yen, up 6.4 billion yen year-over-year, and net income was 5.5 billion yen, up 3.0 billion yen year-over-year. Despite the impact of the DPE suspension of operations, overall profitability increased.

Promotions, new appointments, retirements of executive officers and organizational restructuring of the technical corporate division effective April 1, 2026.

Recorded a special loss of 14,203 million yen as business restructuring loss in the cumulative consolidated third quarter period of fiscal year ending March 2026.