Regarding the Start of Tender Offer for Ryomo Systems

Overview of the Purchase

Our company will execute a tender offer for Ryomo Systems in collaboration with Chubu Electric Power. The purchase period is from May 15, 2026, to July 8, 2026, with a purchase price of 5,200 yen per share. The planned number of shares to purchase is 1,703,447 shares, with a total amount of approximately 8.9 billion yen. The purpose of the purchase is to optimize the risk balance of the business portfolio and to enhance corporate value over the medium to long term. The purchase will be financed with internally available funds, and the document also notes changes in ownership ratio and voting rights after the purchase.

Impact on Investors and Future Outlook

This tender offer aims to optimize our company's business portfolio risk balance and to pursue long-term corporate value enhancement. Following the purchase, changes in ownership ratio may affect voting rights and influence management decision-making. It is anticipated that there will be changes in shareholder composition and capital policy as a result of the purchase, and close attention should be paid to future business strategies and capital policy developments.