#TakeoverDefense

At the 143rd Annual General Meeting of Shareholders held on February 25, 2026, shareholders approved the continuation of the company's countermeasures against large-scale purchase of shares with partial modifications.

Japan Carbon Co., Ltd. will update its policy for responding to large-volume purchase actions to protect corporate value and shareholder interests, subject to approval at the 167th Annual General Meeting of Shareholders scheduled for March 27, 2026, and will continue countermeasures such as the free allocation of stock acquisition rights.

At the 96th Annual General Meeting of Shareholders held on January 29, 2026, the Company's policy for large-scale purchase transactions, etc. was approved by the majority of shareholders. Three independent committee members were also appointed.

NACHI-FUJIKOSHI Corp. announced that, subject to shareholder approval at the 143rd Annual General Meeting of Shareholders scheduled for February 25, 2026, it will partially revise and continue its takeover defense measures against large-scale purchase activities until February 2029.

The Company plans to introduce a policy to respond to large-scale stock acquisitions with voting rights of 20% or more, subject to approval at the extraordinary shareholders meeting scheduled for February 17, 2026, aiming to protect corporate value and shareholder interests.