#OrganizationalRestructuring

Furukawa Electric Co., Ltd. will acquire the wholly owned subsidiary Furukawa Fitel Optical Components through a merger to accelerate business operations and strengthen competitiveness. The merger was decided on June 9, 2026, with anticipated effective date on April 1, 2027. No issuance of new shares or monetary payments will be made in connection with the merger.

M3 has acquired all shares of Wholesman and completed the full subsidiary acquisition. Through the establishment of a foundation for new businesses and promoting DX, the company aims to improve efficiency and expand the medical and nursing care markets.

Enplas plans to relocate its headquarters to Saitama City, Saitama Prefecture, subject to shareholder approval at the June 2026 general meeting of shareholders, with operations scheduled to commence on October 1, 2026. Concurrently, amendments to the Articles of Incorporation will be made to change the head office location, moving from Kawaguchi City to Saitama City, aimed at improving research, development,...

Japan Reittek has resolved to partially amend its Articles of Incorporation to diversify business activities and enhance shareholder returns. Effective date scheduled for June 25, 2026.

Mitsui Sumitomo Construction, a subsidiary of Infronia Holdings, completed its full subsidiary status of Mitsui Kumano Road on June 2, 2026.

Mitsubishi Corporation has decided to merge its wholly owned subsidiary Cermaq, aiming to optimize its salmon farming business in Canada. The merger is scheduled for June 1, 2026, involving the comprehensive transfer of assets and liabilities.

Nidec will implement organizational restructuring effective June 1, 2026, including the establishment of a new 'Board of Directors' Room, restructuring of the Small Motor Business Division, and renaming of the Sales Strategy Department; executive personnel changes will also be made.

Mitsubishi Materials is concluding a final agreement with PPC to integrate its copper concentrate business, with a planned business split scheduled for October 2026.

The Company plans to change its articles of incorporation on June 26, 2026, to facilitate a transition to a holding company structure, enabling smooth strategic investments and M&A activities.

Septeni Holdings has transferred all shares of its consolidated subsidiary, LION DIGITAL GLOBAL LIMITED, resulting in zero shares held. The purpose of the transfer is to review the business portfolio and strategically reorganize overseas operations, with completion scheduled for May 28, 2026. The impact on future performance is expected to be minimal.

SHIFT’s consolidated subsidiary ALH is scheduled to merge with SPST and Trust Brain through an absorption-type merger, aiming to streamline management resources and strengthen its business foundation in the Kansai region. The merger is planned for September 1, 2026, and will be conducted without consideration.

SHIFT will establish a subsidiary on June 1, 2026, and on the same day, will execute an absorption-type merger with three existing companies. The aim is to enhance operational scale and efficiency.