#Governance

Change of representative directors effective June 23, 2026. Yoshitaka Sanemori will resign, and Masaki Ebisu is scheduled to assume the position of President and Representative Director. The ratio of outside directors will be increased and the number of female directors augmented.

The recurrence prevention measures related to quality misconduct announced on March 29, 2023, will be completed by the end of March 2026. Governance foundations have been rebuilt through management reforms and strengthening of internal controls.

DYDO GROUP HOLDINGS has decided to continue its measures against large-scale share purchasing actions until the shareholders meeting scheduled for April 2026, aiming to protect shareholders’ interests and enhance corporate value.

Approval of transition from a company with an audit & supervisory board to a company with a nomination committee and partial amendment of the articles of incorporation is scheduled at the Annual General Meeting of Shareholders on March 25, 2026.

Ariake Japan Co., Ltd. resolved to establish a voluntary Nomination and Remuneration Committee as an advisory body to the Board of Directors effective March 2, 2026.

Effective April 1, 2026, Hirohisa Uehara will assume the position of Chairman of the Board, and the Chairman of the Board will change from a Representative Director with authority to a non-representative Chairman. Masahiko Moriyama will continue as Representative Director and President.

Aichi Steel Corporation plans to transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, subject to approval at the 122nd Annual General Meeting of Shareholders scheduled for June 2026.

Kyokuto Kaihatsu Kogyo Co., Ltd. has resolved to transition from a company with a Board of Auditors to a company with an Audit and Supervisory Committee, subject to approval at the 91st Ordinary General Meeting of Shareholders scheduled for June 2026.

Safie, Inc. plans to propose partial amendments to the Articles of Incorporation at the 12th Annual General Meeting of Shareholders scheduled for March 26, 2026, in conjunction with its transition to a company with an audit committee.

Effective April 1, 2026, Nipro Corporation will establish a 'Nomination and Remuneration Committee' with added authority over director nominations to enhance corporate governance.

Arconix Corporation has decided to transition from a company with an auditors committee to a company with an audit and supervisory committee, subject to approval at the 45th Annual General Meeting of Shareholders scheduled for June 24, 2026, and has determined its executive candidates.

At the 35th Annual General Meeting of Shareholders scheduled on March 25, 2026, a resolution is planned to partially amend the Articles of Incorporation, including the abolition and establishment of positions in the Executive Officer system.