[Yokogawa Bridge Holdings] Group Restructuring and Merger Implementation | October 2026

Overview of the Restructuring

Yokogawa Bridge Holdings has decided at its Board of Directors meeting on July 27, 2026, to carry out an absorption merger between its wholly owned subsidiaries and a share distribution in kind, scheduled for October 1, 2026. Kyokuto Kowa will remain as the surviving company, while B.R. Holdings and Kyokuto Takamiya will be dissolved. This restructuring aims to rationalize group management and enhance governance. As part of the merger, Kyokuto Kowa will allot all its shares to the Company, and East Japan Concrete will distribute its shares as a share in kind.

Future Outlook and Impact

This organizational restructuring is limited to transactions within our group, and it is expected to have a minimal impact on consolidated performance. The merger aims to improve management efficiency and strengthen governance, thereby stabilizing future business operations. Post-merger, there will be no change to the trade name, location, representative, or business content of Kyokuto Kowa, and the capital stock will be maintained.