(Correction to Disclosure) Notice of Transfer to a Specified Subsidiary Following the Acquisition of Shares in an Equity-Method Affiliate

Worth reading

34Immaterial

0–100. This measures how worthwhile something is to read, not how good or bad the company is.

Direction

Neutral

Direction inferred from the company’s description.

Scale

47.3

% (interest acquired)

Wording

Definitive

How definitive the wording is.

Subject Entity

Ferrotec Corporation, Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH), Anhui Boxin Micro Semiconductor Technology Co., Ltd. (AMTD)

Target Locations / Products

Intersection of Nanhai Road and Bori Road, Yi'an Economic Development Zone, Yi'an District, Tongling, Anhui Province (AMTD location)

Occurrence2 November 2026 (date of corrected disclosure)

This disclosure11/02/2026

Cause

Because some information in the disclosure dated 20 October 2026 was incorrect

Change in voting rights ownership ratio

Shareholders Covered20.30％→67.60％（+47.30pt）

The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.

Voting rights ownership percentage before the change

Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH): 20.3% (as of 30 September 2026)

Voting rights ownership percentage after the change

Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH): 67.6% (after the change)

Event that occurred
Item	Details
Event name	(Correction to Disclosure) Notice of Transfer to a Specified Subsidiary Following the Acquisition of Shares in an Equity-Method Affiliate
Date of occurrence	2 November 2026 (date of corrected disclosure)
Subject Entity	Ferrotec Corporation, Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH), Anhui Boxin Micro Semiconductor Technology Co., Ltd. (AMTD)
Target Locations / Products	Intersection of Nanhai Road and Bori Road, Yi'an Economic Development Zone, Yi'an District, Tongling, Anhui Province (AMTD location)
Cause	Because some information in the disclosure dated 20 October 2026 was incorrect
Voting rights ownership percentage before the change	Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH): 20.3% (as of 30 September 2026)
Voting rights ownership percentage after the change	Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd. (FTH): 67.6% (after the change)

Items this document does not state (18)

Date recognized / date notice receivedAmount of Impact on Business PerformanceAccounting period in which recognizedImpact on Earnings ForecastType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityOutlookPlanned follow-up disclosure

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.

Because some information in the disclosure dated 20 October 2026 was incorrect.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.

Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.

Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.