Resolution of the Board of Directors Meeting on Selection of the New Prime Market Segment

The Company hereby announces that the Board of Directors resolved in a meeting held on September 21, 2021, to apply for listing on the Tokyo Stock Exchange’s new Prime Market segment.

On July 9, 2021, the Company received the results of preliminary judgement of compliance with the criteria to stay listed on the new market segment from Tokyo Stock Exchange, where it was confirmed that we meet the listing criteria for the Prime Market.

Moving forward, the Company will conduct the designated procedures for the transition to the new market segments scheduled for April 4, 2022, in accordance with the application schedule outlined by Tokyo Stock Exchange.