#ShareholdingRatio

Itochu Corporation increased its voting rights ratio in our shares to 33.4% through Citrus Investment, and JIP is expected to no longer be a substantial shareholder.

Sumitomo Forestry plans to sell 11,473,400 shares of Kumagai Gumi (6.6%) between January 26 and 29, 2026, while Kumagai Gumi plans to sell 4,777,600 shares of Sumitomo Forestry (0.8%) from January 8, 2026 onward.

Sumitomo Forestry plans to sell 11,473,400 shares (6.6%) of Kumagai Gumi, and Kumagai Gumi plans to sell 4,777,600 shares (0.8%) of Sumitomo Forestry in January 2026, optimizing the capital relationship between the two companies.