Recognition of Gain on Share Exchange with an Affiliated Company in Connection with the Absorption-Type Merger of サン・トックス

「サン・トックス株式会社, formerly an equity-method affiliate of the company (hereinafter, サン・トックス), carried out an absorption merger effective 1 April 2024, with 三井化学東セロ株式会社 (hereinafter, 三井化学東セロ; current name: アールエム東セロ株式会社) as the surviving company and サン・トックス as the absorbed company. Accordingly, the difference between the consolidated carrying amount of the shares of サン・トックス and the shares of 三井化学東セロ received as consideration was recognised as a gain on exchange of shares of an affiliate in special income.」