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M&A and Subsidiary Changes4260Hybrid Technologies Co.,Ltd.Information and Communications, Services and Others

(Progress on Disclosed Matter) Notice of Completion of a Change to a Subsidiary’s Trade Name

The procedures for changing the corporate name of the Vietnamese subsidiary have been completed, and its corporate name changed from "Hybrid Technologies Vietnam Co., Ltd." to "Hybrid One Co., Ltd." The change took effect on 11 September 2026.

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This transaction

Corporate Name Change
Disclosing companyHybrid Technologies Co.,Ltd.
Hybrid One Co., Ltd.Subject of this transaction
Execution Date / Effective Date11 September 2026 (date of completion of procedures with the Vietnamese authorities)
Target company

Software development, IT consulting

Location Ho Chi Minh City, VietnamShare capital VND 226.95 million
Procedures and assumptions
Management structure after acquisitionChange the corporate name to Hybrid One Co., Ltd. to demonstrate its intention to advance the business as an integrated operation with 株式会社ハイブリッドワン
This transaction
ItemDetails
Transaction nameCorporate Name Change
Name of the Subject CompanyHybrid One Co., Ltd.
Business Description of the Subject CompanySoftware development, IT consulting
Location of the Subject CompanyHo Chi Minh City, Vietnam
Capital Stock of the Subject CompanyVND 226.95 million
Execution Date / Effective Date11 September 2026 (date of completion of procedures with the Vietnamese authorities)
Management structure after acquisitionChange the corporate name to Hybrid One Co., Ltd. to demonstrate its intention to advance the business as an integrated operation with 株式会社ハイブリッドワン
Items this document does not state (25)
Counterparty nameDate of Establishment of the Subject CompanyNet 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 demonstrate its intention to advance the business as an integrated operation with 株式会社ハイブリッドワン, which will assume the offshore development business. In addition, to enhance the verification of profitability by business, the agility and efficiency of decision-making, and the Group's ability to formulate and execute strategies.

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(Progress on Disclosed Matter) Notice of Completion of a Change to a Subsidiary’s Trade Name | Hybrid Technologies Co.,Ltd. (4260) timely disclosure | Komori