Notice Regarding the Acquisition of Shares of Japanhaato (Subsidiary) by Yamano Holdings

Overview of Business Strategy and M&A

In the mid-term management plan “Tsunageru 2027,” the company positions business succession-type M&A as a core growth strategy, strengthening the traditional wear business and expanding into new business areas. In this case, the company will acquire shares of JH Co., which operates a kimono specialty store, and incorporate the know-how from JH Co. in areas such as attracting new customers via SNS and used product sales into the wear business, strengthening the overall growth axis together with store operations. After acquisition, the know-how will be deployed according to market area and store characteristics to expand the customer base and sales opportunities.

Outlook and Impact

This share acquisition is expected to be integrated as a consolidated subsidiary from the third quarter of the fiscal year ending March 2027, and its impact on consolidated results is currently being studied. Once financial figures are finalized and additional disclosures are made, they will be promptly announced. The group as a whole aims to strengthen the growth potential of the wear business and stabilize a sustainable earnings base.