Notice Regarding Application for Market Segment Change to the Tokyo Stock Exchange Standard Market and New Listing Application to the Nagoya Stock Exchange Main Market

Key Announcements

The Company has resolved at the Board of Directors meeting to apply for a market segment change from the TSE Prime Market to the Standard Market and to apply for a new listing on the Nagoya Stock Exchange Main Market. The purpose of the market segment change is to focus management resources toward achieving medium- to long-term growth and improving management efficiency as part of the fourth medium-term management plan. Furthermore, the new listing on the Nagoya Stock Exchange Main Market aims to enhance recognition among individual investors in the Tokai region and improve stock liquidity.

Impact on Investors

The Company is fully aware of the impact on shareholders and investors associated with the market segment change and new listing application, and will strive to maintain transparent corporate governance and management. This will support sustainable growth and maximize shareholder value, and we will continue to work diligently to be a trusted company.