【Kurabo】Notice of Partial Amendment to Articles of Incorporation｜May 2026

Overview of the Amendments to the Articles of Incorporation

Kurashiki Spinning Co., Ltd. plans to partially amend its Articles of Incorporation to respond to diversification of business activities and to clarify the company's purpose. Specifically, the amendments include adding new business objectives such as manufacturing and sales of medical devices and biochemical products, and removing the liability exemption provisions in the附則. This is intended to provide greater flexibility for future business expansion. The shareholders' meeting is scheduled for June 26, 2026, with the amendments taking effect on the same day.

Impact on Shareholders and Future Outlook

This amendment aims to expand the scope of the company's business and strengthen governance. There are no changes to detailed financial figures or earnings guidance, and immediate short-term impact on stock prices is expected to be limited. However, there is potential for increased long-term growth expectations due to business expansion and entry into new fields. Shareholders should understand the details of the amendments and pay attention to future business strategies.