Withdrawal from the business through the transfer of the Thermal business and the equity interest in 安全電具（恵州）有限公司

An individual business portfolio reorganisation involving the transfer of the Thermal business and the equity interest in 安全電具（恵州）有限公司 to 内橋エステック and withdrawal from the business. The transfer is intended to ensure stable supply, improve quality and services, strengthen competitiveness and enhance management efficiency.