Notice regarding transition to holding company system

Auspicious day of December 2021
Aiya Co., Ltd.
Representative Director Takeo Sugita

As of December 1, 2021, our company has transitioned to a holding company system with “Aiya Holdings Co., Ltd.” as the wholly-owned parent company and our company as its wholly-owned subsidiary.
Furthermore, as of February 1 of the following year, through a company split, we will transfer the management, indirect functions and retail functions of the entire group operated by our company to a holding company, and the rights and obligations of the business will be transferred to the holding company. Masu.

1. Background and purpose of transition to holding company system

More than 130 years have passed since our company was founded, and thanks to everyone's support and kindness, we have steadily expanded our business. However, the business environment is expected to become increasingly severe in the future due to factors such as a shrinking market size due to the declining domestic population and the impact of the new coronavirus infection.
Under these circumstances, we have come to believe that in order to further improve corporate value and achieve sustainable growth, we need to further improve management efficiency and create a system that can quickly respond to changes in the business environment. . Therefore, we have decided to transition to a holding company structure with the aim of strengthening the group's management base by improving group governance and optimizing resource allocation.

2. Overview of the holding company and our company after transition to a holding company

More than 130 years have passed since our company was founded, and thanks to everyone's support and kindness, we have steadily expanded our business. However, the business environment is expected to become increasingly severe in the future due to factors such as a shrinking market size due to the declining domestic population and the impact of the new coronavirus infection.
Under these circumstances, we have come to believe that in order to further improve corporate value and achieve sustainable growth, we need to further improve management efficiency and create a system that can quickly respond to changes in the business environment. . Therefore, we have decided to transition to a holding company structure with the aim of strengthening the group's management base by improving group governance and optimizing resource allocation.

3. Group relationship diagram after transition to holding company system