Resolution to Cancel Treasury Stock | September 15, 2026

Overview of Capital Policy

Nippon Drychemicals' Board of Directors resolved to cancel treasury stock scheduled for September 15, 2026. The number of shares to be canceled is 1,918,784, and the total issued shares after cancellation will be 26,808,464. This measure aims to enhance shareholder value and improve capital efficiency, contingent upon the effective date of the stock consolidation scheduled for September 16, 2026.

Impact on Shareholders and Future Outlook

The cancellation of treasury stock is expected to reduce the number of issued shares and mitigate share dilution. Consequently, an improvement in net assets per share and profit indicators is anticipated, leading to increased shareholder value. The company will continue to promote shareholder return measures and capital efficiency improvements as part of its capital policy.