Notice of Completion of Absorption-type Consolidation of Consolidated Subsidiary (Simplified Absorption-type Consolidation/Quasi-merger)

Overview

This notice is based on the May 12, 2025 disclosure titled “Notice of Absorption-type Consolidation of Consolidated Subsidiaries (Simplified Absorption-type Consolidation/Quasi-merger)” and informs that the absorption-type consolidation of Imperial Telecommunications Industry Company’s consolidated subsidiary Iida Tetsutsu Co., Ltd. has completed as scheduled. The merger form is an absorption-type consolidation (simplified absorption-type consolidation/Quasi-merger), with the completion date set as July 1, 2026.

Impact Going Forward

This corporate restructuring may change the control structure, but the IR materials do not include figures on financial indicators or direct effects on shares. Disclosure of potential integration effects, business synergies, and cost savings resulting from completion is expected in due course.