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M&A and Subsidiary Changes2060FEED ONE CO.,LTD.Food

Notice Regarding the Transfer of a Business Between Our Consolidated Subsidiaries

We have decided that the feed procurement and sales business conducted by 道北協同飼料販売株式会社 will change from 道北協同飼料販売株式会社 to 北海道フィードワン販売株式会社. The effective date is scheduled for 1 April 2027.

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This transaction

This business transfer
Counterparty北海道フィードワン販売株式会社, 道北協同飼料販売株式会社
Disclosing companyFEED ONE CO.,LTD.
道北協同飼料販売株式会社Subject of this transactionVoting rights ownership percentage Before FEED ONE CO.,LTD. 100% (both companies) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Feed procurement and sales, and real estate leasing

Location Asahikawa, HokkaidoShare capital ¥10 millionDate of incorporation 5 March 1963
Impact on Business Performance

We recognize that the impact on our consolidated results will be minor.

Procedures and assumptions
Conditions Precedent to ExecutionApproval by resolution at the shareholders' meetings of each company (December 2026 (scheduled))
This transaction
ItemDetails
Transaction nameThis business transfer
Counterparty name北海道フィードワン販売株式会社, 道北協同飼料販売株式会社
Name of the Subject Company道北協同飼料販売株式会社
Business Description of the Subject CompanyFeed procurement and sales, and real estate leasing
Location of the Subject CompanyAsahikawa, Hokkaido
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company5 March 1963
Voting rights ownership percentageBefore FEED ONE CO.,LTD. 100% (both companies) (after not disclosed)
Impact on Business PerformanceWe recognize that the impact on our consolidated results will be minor.
Date of board resolution28 September 2026
Contract DateDecember 2026 (予定)
Execution Date / Effective Date1 April 2027 (scheduled)
Conditions Precedent to ExecutionApproval by resolution at the shareholders' meetings of each company (December 2026 (scheduled))
Items this document does not state (19)
Net 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 periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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 further strengthen feed sales capabilities in Hokkaido, establish a broad sales network across the region, and make effective and efficient use of management resources.

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Notice Regarding the Transfer of a Business Between Our Consolidated Subsidiaries | FEED ONE CO.,LTD. (2060) timely disclosure | Komori