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M&A and Subsidiary Changes6224JRC Co.,Ltd.Machinery

Notice Regarding the Acquisition of Shares in TOKAI CONVEYOR CO., LTD. (Making It a Subsidiary)

JRC has decided to acquire all shares of 株式会社トーカイコンベア and make it a subsidiary. As the first transaction of the newly established “Growth M&A Company,” JRC aims to expand the business by combining the company’s technological capabilities and customer base with the management resources of the JRC Group.

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This transaction

This share acquisition
Disclosing companyJRC Co.,Ltd.
Tokai Conveyor Co., Ltd.Subject of this transactionNumber of shares acquired All shares (number of shares and voting rights: Not disclosed)
Date of board resolution25 August 2026
Target company

Design, manufacture and sale of conveyor systems for transporting and storing garments

Location 1-12-1 Ikeda, Kawasaki-ku, Kawasaki, Kanagawa PrefectureShare capital ¥10 millionDate of incorporation 13 April 1977
Impact on Business Performance

The Company currently considers the impact of this transaction on consolidated results to be immaterial. If disclosure becomes necessary, the Company will promptly disclose the details.

This transaction
ItemDetails
Transaction nameThis share acquisition
Name of the Subject CompanyTokai Conveyor Co., Ltd.
Business Description of the Subject CompanyDesign, manufacture and sale of conveyor systems for transporting and storing garments
Location of the Subject Company1-12-1 Ikeda, Kawasaki-ku, Kawasaki, Kanagawa Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company13 April 1977
Number of shares acquiredAll shares (number of shares and voting rights: Not disclosed)
Impact on Business PerformanceThe Company currently considers the impact of this transaction on consolidated results to be immaterial. If disclosure becomes necessary, the Company will promptly disclose the details.
Date of board resolution25 August 2026
Items this document does not state (23)
Counterparty nameNet 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 periodVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

The transaction is intended to strengthen design, manufacturing and proposal capabilities by combining 株式会社トーカイコンベア’s technological capabilities and customer base in conveyor systems for transporting garments with the management resources of the JRC Group. It is also intended to drive growth by developing new markets and customers and expanding the Group’s business domains.

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Notice Regarding the Acquisition of Shares in TOKAI CONVEYOR CO., LTD. (Making It a Subsidiary) | JRC Co.,Ltd. (6224) timely disclosure | Komori