Matters Concerning Controlling Shareholders, etc.

Status of controlling shareholders and relationship with the Company

Tokyo Ohka Kogyo Co., Ltd. and Optorun Co., Ltd. qualify as parent-related parties of the Company and each hold 17.60% of the voting rights. Direct ownership is 0.00% and the aggregated applicable portion is also 0.00%. Both companies are positioned as the Company's major related companies and have entered into framework and capital-business alliance agreements dated September 26, 2022 and February 14, 2025, respectively. Collaborative efforts for business expansion have continued, including the establishment of Nanolisothix Co., Ltd. on July 3, 2023. Although mechanisms to ensure board independence are in place, the relationship with controlling shareholders requires continued attention.

Impact and future disclosures

As of now, there are no applicable transactions with controlling shareholders, and no additional disclosure regarding the presence or absence of transactions has been made. The relationship with the two companies will be maintained as part of the business strategy, and the Company intends to continue promoting collaboration while preserving independence. Changes in the controlling shareholders' voting rights ratios or the conclusion of new agreements could become subjects for future disclosure.