Ensuring Financial Soundness and Flexibility in Capital Policy Through a Reduction in Stated Capital

「As part of its management strategy for sustainable growth in corporate value, the Company reduced its stated capital under Article 447, Paragraph 1 of the Companies Act and transferred the reduction to other capital surplus. The objective was to maintain financial soundness through appropriate tax treatment for the current business scale and secure flexibility and agility in future capital policy. Of the ¥298,734 thousand in stated capital, ¥288,734 thousand was reduced, leaving stated capital of ¥10,000 thousand. 4. Effective date of the capital reduction: 1 July 2024」