Kobayashi Yoko Co., Ltd. (TSE:8742) entered into a share exchange agreement to acquire remaining 46.8% stake in Fujitomi Co.,Ltd. (JASDAQ:8740) from group of shareholders for approximately ¥650 million on October 27, 2021. Under terms of agreement, 0.98 shares of Kobayashi Yoko will be allotted and delivered for each share of Fujitomi. Kobayashi Yoko's common stock: 3,009,981 shares is planned to be issued as consideration out of which 550,246 shares issued for Treasury stock. Kobayashi Yoko currently hold 3,553,200 shares in Fujitomi shares. Post completion, Fujitomi Co will become wholly owned subsidiary of Kobayashi Yoko. Extraordinary General Meeting of Shareholders Record Date Announcement Date was October 27, 2021. The Share Exchange Agreement will be approved by Kobayashi Yoko and Fujitomi at the extraordinary general meeting of shareholders scheduled to be held on January 19, 2022, respectively. It is scheduled to be delisted from JASDAQ (Standard) (hereinafter referred to as "JASDAQ") on February 17, 2022 . The Share Exchange will take effect on February 21, 2022.

Kobayashi Yoko has selected Resona Bank, Ltd. as a financial advisor and Fujitomi has selected AGS Consulting Co., Ltd as a financial advisor and third-party calculation institution. Kobayashi Yoko has appointed Yodoyabashi and Yamagami Legal as a legal advisor and on the other hand, Fujitomi has appointed City-Yuwa Partners as a legal advisor.