Determination of Share Purchase Price for シマダヤ Shareholders Opposing the Share Exchange and Litigation-Related Loss

「In connection with this share exchange, a decision was issued on 31 August 2022 in the appeal case pending before the Tokyo High Court concerning the determination of the purchase price for shares held by 1 シマダヤ shareholder who opposed the share exchange. We recorded ¥415 million in deferred interest and other costs arising from the decision as an extraordinary loss. On 17 October 2022, we paid the ¥1,562 million difference in the purchase price, together with ¥415 million in deferred interest and other costs.」