#MBO

Tender offer price raised to 3,036 yen per share, lowering the minimum tender quantity to 25,337,400 shares (43.84%). The tender offer period is extended until January 26, 2026, aiming to take the shares private upon completion of the TOB.

There are reports that the company will be privatized through a management buyout (MBO) worth approximately 450 billion yen; however, this was not announced by the company. The management buyout is under consideration and an official announcement is planned within today.