On 17th August 2026, we acquired all shares of HM SOLUTIONS CO., Ltd. (“HMS”), a South Korean manufacturer of optical measurement instruments, and completed the procedures to make the company a wholly owned subsidiary of ours.

1.Background and Purpose of the Acquisition
Since its establishment in 2020, HMS has been engaged in the development, manufacture, and sale of optical measurement instruments primarily used for end face inspection of optical connector. Within our Group's optical measurement instrument business, HMS's products have a strong strategic synergy with our optical fiber cable inspection systems. We have therefore decided to acquire the company's shares and make HMS a consolidated subsidiary in order to expand our business and establish a new pillar of revenue through the addition of these product lines. We believe that by combining the expertise of our Group with that of HMS, we can expand our business and enhance corporate value.

The impact of this acquisition on our group’s consolidated financial results for the fiscal year ending March 2027 is currently under review. Should any material impact be identified, we will disclose it as appropriate.