Notice Regarding Company Split (Simplified Absorption-Type Company Split) with Subsidiary

Overview of the Company Split

Toyota Tsusho Corporation has decided to transfer part of its sustainable materials business to its 100% subsidiary, Toyotsu Chemiplus Corporation, through a simplified absorption-type company split effective July 1, 2026. The target business involves sales of chemical products mainly used as raw resin materials for polyester and synthetic fibers, oleochemical products, surfactants, and detergents, excluding transactions with affiliated companies. There will be no changes in capital or transfer of consideration related to the split.

Outlook and Impact

The impact of this company split on Toyota Tsusho’s consolidated financial results is expected to be minor. After the split, there will be no changes to the names, locations, representatives, business content, capital, or fiscal periods of either company, and there are no concerns regarding the successor company’s ability to fulfill its obligations. The purpose is to expand the market area and consolidate the business to achieve more efficient operations.