Strengthening Group collaboration through the conversion of 図研エルミック into a wholly owned subsidiary

「Acquisition through a tender offer: 1 July 2024 (deemed acquisition date: 1 July 2024) The shares additionally acquired through this tender offer represented 46.21% of voting rights, bringing the total voting-rights ratio to 86.62%.」

「We concluded that, for the medium- to long-term development of our Group, it is important for us to work more closely with the target company, complement each other, and capitalize on its strengths. We also determined that having the target company become our wholly owned subsidiary would enable more integrated and closely coordinated operations as a Group, rather than allowing it to remain listed and continue operating independently, thereby contributing to the growth of our Group’s business as it seeks to provide innovative solutions that achieve DX across the entire manufacturing process. Accordingly, we determined that conducting this tender offer was appropriate to achieve that objective.」