Notice Regarding Acquisition of Shares of Migalo Co., Ltd. by a Consolidated Subsidiary (Becoming a Grandchild Company)

Overview of the M&A

ODK Solutions Company, Ltd. acquired all shares of Migalo through its consolidated subsidiary F-Plus, making Migalo a wholly owned subsidiary. The rationale for the acquisition includes deploying investment capacity aimed at discontinuous growth under the mid-term plan and providing integrated solutions leveraging strengths in the IBMi domain. F-Plus engages in system development, maintenance and operation for financial institutions, systems for the education sector, and Salesforce sales and development. Migalo focuses on sales of development tools for IBMi and contract development of business applications. By combining the technologies and customer bases of both companies, the objective is to strengthen competitive advantage in the market.

Future Impact and Disclosures

Dates such as the acquisition date, contract signing date and share transfer execution date are specified, and the impact on future financial results is currently under review. The counterparty's share price is undisclosed due to the shareholder's intentions, and to ensure fairness the acquisition price was determined taking into account valuation results from a third-party institution. Additional disclosures regarding the impact on financial results will be made promptly as they become available.