#OrganizationalRestructuring

As of April 1, 2026, Myojo Industrial Co., Ltd. will implement changes in directors' business assignments, personnel changes, and establish the "Chugoku-Shikoku Branch" and "Procurement Department."

On February 27, 2026, Futaba Sangyo Co., Ltd. transferred 100% ownership of the consolidated subsidiary Tianjin Shuangxie Machinery Industry Co., Ltd. to Chuangzhao Trade Co., Ltd. The transfer price is undisclosed and the ownership will be 0% after the transfer.

Establishment of the intermediate holding company for the funeral business, Kosaido Life Partners Corporation, effective April 1, 2026, inheriting three funeral-related subsidiaries.

Effective April 1, 2026, personnel changes include 2 executive officers retiring, 3 promotions, 2 new appointments, and 24 reappointments, along with organizational restructuring aimed at enhancing organizational agility and technological expertise.

Executive personnel changes including the appointment of Reiko Okubo as Executive Officer effective March 1, 2026, along with organizational restructuring such as the establishment of new departments within the APAC business division and reorganization of the Finance & Accounting division.

Multiple changes in directors and auditors are planned at the regular shareholders meeting in late June 2026, and an organizational restructuring will be implemented effective April 1, 2026, establishing the Cement Division Headquarters, High Performance Products Division Headquarters, and Engineering Department.

Effective April 1, 2026, WOWOW will implement organizational restructuring and personnel changes aimed at dual management of existing broadcasting and new streaming services, enhancing content revenue capabilities, and strengthening IT infrastructure.

An organizational restructuring will be implemented effective March 1, 2026, including the establishment of a new Control Department in the Corporate Strategy Headquarters, division of departments within the Product Strategy Headquarters, and issuance of significant personnel changes.

Mr. Takeshi Ishizawa is scheduled to be appointed Representative Director and Senior Managing Executive Officer as of April 1, 2026. At the June Annual General Meeting of Shareholders, several outside directors and audit committee members are scheduled to be newly appointed and resign.

GENDA Corporation has changed the trade name of its North American subsidiary and established GENDA Americas Holdings. The new trade name will be applied from March 1, 2026, and the subsidiary establishment is scheduled for April 1, 2026.

On April 1, 2026, all shares of wholly owned subsidiaries K Line Low Bulk Ship Management and K MARINE SHIP MANAGEMENT will be transferred by absorption-type company split to the intermediate holding company K Line Ship Management Holdings to strengthen the ship management system.

A description error was found in the 'Notice of Changes in Directors and Organizational Restructuring and Changes in Directors of Group Companies' announced on February 19, 2026, leading to a partial correction of the organizational chart.