Notice Regarding Company Split (Simplified Absorption-Type Company Split) between the Company and Its Wholly-Owned Subsidiary

Overview of Corporate Restructuring

Hanwa Co., Ltd. has resolved to execute a simplified absorption-type company split, with its wholly-owned subsidiary HKG Trading Co., Ltd. as the split company and Hanwa as the successor company. This aims to strengthen business operations and management systems of HKGT and its subsidiaries, acquired on April 1, 2025, and to create group synergies. By leveraging highly specialized merchandise handling and procurement networks, the company strives to build a flexible and resilient supply chain.

Details of the Company Split and Future Outlook

The company split is scheduled to take effect on June 30, 2026. As it is a simplified absorption-type company split, approval from the shareholders' meeting is not required. There will be no changes to capital stock or any monetary compensation due to the split. The assets to be succeeded amount to 1,273 million yen, with liabilities of 0 yen, and there is no concern regarding debt fulfillment. Post-split, there will be no changes in trade name, business content, head office location, representative, capital stock, or fiscal year-end, and there will be no impact on consolidated financial results.