Absorption-type merger of Kansai Tokuyama Hanbai, Tokusho and Tokushin

「From the first quarter of the current consolidated fiscal year, 関西トクヤマ販売株式会社, 株式会社トクショウ and 株式会社トクシン, which had been consolidated subsidiaries through the previous consolidated fiscal year, were excluded from the scope of consolidation because they ceased to exist in an absorption merger with the consolidated subsidiary トクヤマ通商株式会社 as the surviving company.」