Notice of Transfer of Subsidiary and Dissolution / Liquidation

Transfer of Specific Subsidiary and Dissolution / Liquidation

Tokyo Century has determined at its board of directors meeting on June 25, 2026, to dissolve and liquidate its consolidated subsidiary, Tokyo Century Asia Pte. Ltd. This subsidiary was established to handle investments and shareholding operations in the Asian region, aiming to respond to changing business environments and reduce group management costs. The dissolution and liquidation are scheduled for late October 2026. The document also outlines capital relationships and future business development, providing important information for investors.

Future Outlook and Impact

This transfer of the subsidiary will streamline Tokyo Century’s group structure and is expected to reduce management costs. Regarding capital relationships, the subsidiary’s capital stock will be recorded based on the initial investment amount, and details on asset disposal and gains/losses after dissolution are included. Investors should closely monitor how this impacts future business strategies and financial conditions.