【Otec】Notice Regarding Controlling Shareholder｜July 22, 2026

Relationship with Controlling Shareholder

Otec Corporation is an affiliate with a voting rights ownership ratio of 20.05% in Nippon Joints Corporation. The two companies have personnel transfers and conduct business transactions, primarily involving the procurement of joint-related products. Transaction terms are determined through negotiations referencing market prices, and operational independence is maintained. The relationship is planned to continue unchanged, with no parent-subsidiary or control relationship modifications.

Transaction Details and Future Outlook

The transaction amount from April 1, 2025, to March 31, 2026, is approximately 509 million yen, involving inventory of products and current account payables. The shares held are contributed to Resona Bank, Ltd. as a retirement benefit trust, with Nippon Joints Corporation exercising voting rights as instructed. The Company intends to continue maintaining the relationship and negotiating transaction terms based on market prices.