Notice Regarding Share Buyback of Subsidiary | July 2026

Overview of Subsidiary’s Share Buyback

Subsidiary Kamogawa Co., Ltd. has resolved at the Board of Directors meeting to acquire 1,000 shares of its own stock (0.015% of total issued shares) on July 17, 2026. The purchase method will be a secondary market transaction, with an estimated acquisition cost of 1,018,000 yen. The shares to be acquired are common stock, and the acquisition date is the same day. This will increase the subsidiary’s holdings of treasury stock.

Future Impact and Purpose

This share buyback is considered part of efforts to improve capital efficiency and shareholder returns. However, specific purposes and impacts on future capital policy have not been disclosed. After the buyback, the number of treasury shares will be 358, representing approximately 0.005% of total issued shares.