#OrganizationalRestructuring

Daicel Corporation has resolved to succeed all businesses of its consolidated subsidiary Polyplastics Co., Ltd. by a simplified absorption-type company split effective April 1, 2026, and to change the subsidiary's trade name to "HPP Holdings Co., Ltd.".

Toho Co., Ltd. will effect a simplified absorption-type split as of March 1, 2026, transferring its film screening, distribution, and content utilization businesses to its wholly owned subsidiary TOHO Global in order to accelerate business decision-making and enhance organizational structure.

Okamura Corporation will execute absorption-type divisions and mergers of consolidated subsidiaries effective April 1, 2026, beginning preparations for group organizational restructuring aimed at improving the value chain of its office environment business and enhancing management efficiency.

Transferred shares of 3iQ to Coincheck Group N.V. and moved it to the crypto asset business segment. Transfer consideration is 27,149,684 CCG shares, valued at 149.3 million Canadian dollars. Execution planned for April 2026.

Chugai Pharmaceutical Co., Ltd. completed the full acquisition of Renalis Pharma Co., Ltd. on November 27, 2025, and finalized the absorption-type merger with Chugai Pharmaceutical Co., Ltd. as the surviving company and Renalis Pharma Co., Ltd. as the absorbed company on December 30, 2025.

Tokyu Corporation has resolved to carry out a simplified absorption merger of its wholly owned subsidiary, Tokyu Hotels Co., Ltd., effective April 1, 2026.

Isuzu Motors Limited plans to carry out an organizational restructuring effective April 1, 2026, by absorbing its wholly owned subsidiary Isuzu Motors Sales Limited through a company split, consolidating the domestic sales company shares and real estate management functions into the Company.

SoftBank Group Corp. resolved to execute a simplified absorption-type company split with its wholly owned subsidiary IDC Frontier Inc. effective April 1, 2026, transferring its data center business and other operations, as well as migrating cloud services.

Tobu Railway Co., Ltd. will absorb three wholly owned subsidiaries as of April 1, 2026, aiming to establish an efficient and sustainable railway operation system.

Canon Inc. has resolved to succeed part of Canon Medical Systems Corporation’s business through a simplified absorption-type company split, with the effective date set for April 1, 2026, aiming at business structural reform and strengthening organizational framework.

Sumitomo Chemical has signed a business integration agreement to integrate its domestic polyolefin PP and LLDPE businesses into Prime Polymer Co., Ltd. through a simplified absorption-type company split and will acquire 20% equity in the company.

LINE Corporation has resolved to simplify-absorb merge its wholly owned subsidiary, LINE Pay Corporation, effective March 31, 2026, aiming to streamline the group’s management structure.