Expanding the Tohoku business platform and new and peripheral businesses by making 榮開発 a subsidiary

「We decided to acquire the shares of 榮開発 because we determined that making it a member of the Oriental Shiraishi Group, which has an established track record in the Tohoku region, would enable us to generate synergies by leveraging each company's strengths, contribute to the development of local communities by addressing issues such as regional infrastructure development, contribute ¥9.0 billion in sales from new and peripheral businesses in the fiscal year ending March 2026 as set out in the Medium-Term Management Plan (FY2023-FY2025), and achieve sustainable growth in the Tohoku region.」