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M&A and Subsidiary Changes1736OTEC CORPORATIONConstruction and Materials

Notice Regarding the Completion of the Acquisition of Shares in 有限会社ケー・ティー・エス and Its Conversion into a Subsidiary

On 6 April 2026, OTEC CORPORATION acquired all shares of 有限会社ケー・ティー・エス and made it a consolidated subsidiary. This will strengthen the commissioning, adjustment and maintenance capabilities for automatic HVAC control systems in the Tokyo metropolitan area.

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This transaction

Acquisition of shares and conversion into a subsidiary
Disclosing companyOTEC CORPORATION
有限会社ケー・ティー・エスVoting rights ownership percentageNumber of shares acquired 60 shares; number of voting rights: 60

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

Execution Date / Effective Date6 April 2026
Target company

Commissioning and adjustment of automatic air-conditioning control systems, inspection and repair of control equipment, and control-program design

Location Bunkyo-ku, TokyoShare capital ¥3 millionDate of incorporation 3 July 2001
This transaction
ItemDetails
Transaction nameAcquisition of shares and conversion into a subsidiary
Name of the Subject Company有限会社ケー・ティー・エス
Business Description of the Subject CompanyCommissioning and adjustment of automatic air-conditioning control systems, inspection and repair of control equipment, and control-program design
Location of the Subject CompanyBunkyo-ku, Tokyo
Capital Stock of the Subject Company¥3 million
Date of Establishment of the Subject Company3 July 2001
Number of shares acquired60 shares; number of voting rights: 60
Voting rights ownership percentageBefore 0.0% → after 100.0%
Execution Date / Effective Date6 April 2026
Items this document does not state (23)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To respond to strong construction demand in the Tokyo metropolitan area and strengthen commissioning, adjustment and maintenance capabilities. The company aims to expand its integrated service offering, from design through commissioning, adjustment and maintenance, and improve the Group's overall earnings capacity and expand its business.

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Notice Regarding the Completion of the Acquisition of Shares in 有限会社ケー・ティー・エス and Its Conversion into a Subsidiary | OTEC CORPORATION (1736) timely disclosure | Komori