Matters Regarding Controlling Shareholders, etc.

Status of the Controlling Shareholder and Transaction Policy

This document discloses matters related to the controlling shareholder as of March 31, 2026, indicating that the controlling shareholder excluding the parent company is Mr. Tsuyoshi Takagi with a voting rights ownership ratio of 58.66%. It states that there have been no significant transactions with the controlling shareholder in the past period. As a policy for minority shareholder protection, it emphasizes that transactions will be conducted under normal terms, with the reasons, necessity, conditions, and decision-making process being appropriately deliberated and approved. It also states that the appropriateness will be confirmed through the Auditor’s review, ensuring no disadvantages to minority shareholders.

Protection of Minority Shareholders and Disclosure Practices

When considering transactions with the controlling shareholder, it is explicitly stated that these should be conducted under conditions equivalent to those for ordinary transactions to avoid impairing minority shareholders’ interests. The reasons, necessity, conditions, and approval process will be appropriately deliberated and decided. The company’s policy is to confirm the appropriateness through the Auditor’s review, ensuring no disadvantages are incurred.