Note: This document is a translation of the original Japanese version and provided for reference purposes only.
In the event of any discrepancy between the Japanese original and this English translation, the Japanese original
shall prevail.
January 31, 2024

To whom it may concern:
Company Name: SHIBAURA MACHINE CO., LTD.
Representative: Shigetomo Sakamoto, President,
Chief Executive Officer and Chief Operating Officer(Securities Code: 6104, Tokyo Stock Exchange, Prime Market)
Inquiries: Minoru Aoki, Senior Manager ofPublic Relations and Investor Relations Department

Notice Concerning Acquisition of Stocks of POKKA MACHINE Co., Ltd. (to be Subsidiary)
SHIBAURA MACHINE CO., LTD. (the “Group”) hereby announces that the Group has decided to acquire all stocksof POKKA MACHINE Co., Ltd. as of January 31, 2024, which will become our wholly owned subsidiary company
as described below.

1. Reason for acquisition of stocks
To accomplish transformation into a highly profitable company on the basis of the medium-term management
plan “Management Reform Plan” which completes in FY2023, the Group has been implementing its financial
strategy aimed to achieve the management reform with reorganization as the key focus, promotion of investments
in growth areas and an increase of return on equity (ROE).
In those efforts, the Group has decided to acquire the stocks of POKKA MACHINE Co., Ltd. which possesses
know-how in automation and laborsaving equipment business and customer base in a wide spectrum of industries
including food and beverages, because we considered that by utilizing those assets of POKKA MACHINE Co.,
Ltd., we can create synergy effects such as further expanding our company’s engineering solutions business andbolstering proposal-based sales of systems for our product line including injection molding machines andmachine tools.

2. Outline of change of subsidiary (POKKA MACHINE Co., Ltd.)
Since its foundation, POKKA MACHINE Co., Ltd. has been engaged in a wide range of businesses frombeverages and food, pharmaceuticals, aircrafts, automobiles and computers, upholding its management
philosophy of “aggressive enterprising spirit.” The company has earned great trust of customers and highreputation through its high quality and technological strength as well as its consistent support system fromplanning to after-sales service in which they are responsible for self-development, design, manufacture toafter-sales care while focusing its greatest efforts on directly hearing voice of customers.
(1)

Name

POKKA MACHINE Co., Ltd.

(2)

Address

30, Ukita, Kawai-cho, Iwakura-shi, Aichi(3)

Name and title ofrepresentative

Hirofumi Nakao, President
Production

plants(food,beverages,brewing,pharmaceuticalsandcommodities), packing machines (films, gift boxes and corrugatedcardboards), sterilized systems (equipment in a clean room), various(4)

Businessassembling machines (automobile parts and resins), equipment using robots
and image processing, small aircraft transportation and maintenanceequipment, robots for injection molding machines, OEM products, electrolytic
deburring machines, cutting parts and more

(5)

Capital

60 million yen(6)Date of foundation

May 1, 1983

(7)

(8)

Major shareholder andstock ownership ratio

POKKA SAPPORO FOOD & BEVERAGE LTD.

Relationship between

Capital relationshipNone

the listed company and

Human relationshipNonethis company

Business relationshipNone

3. Outline of the company from which the stocks are acquired
(1)

Name

POKKA SAPPORO FOOD & BEVERAGE LTD.

(2)

Address

3-27-1, Sakae, Naka-ku, Nagoya, Aichi

Name and title ofPresident and CEO

representative

Hiroshi Tokimatsu(4)

BusinessBeverages and food, restaurants and more

(5)

Capital5,431 million yen(6)Date of foundation

March 30, 2012

(3)

(7)

Major shareholder andstock ownership ratio
Relationship between(8)

the listed company andthis company

Sapporo Holdings Limited

100%

Capital relationship

None

Human relationship

None

Business relationship

None

Related party relationship

None

100%

4. Number of stocks acquired and status of stock holding before/after acquisition
(1)

(2)

(3)

Number of stocks held
before change

0 shares(Number of voting rights: 0)(Voting rights holding ratio: 0%)

Number of stocks

1,200 stocks

acquired(Number of voting rights: 1,200)

Number of stocks held
after change

1,200 stocks(Number of voting rights: 1,200)(Voting rights holding ratio: 100%)

5. Schedule(1)

Contract Date

January 31, 2024

(2)

Date of stock transfer

March 1, 2024 (planned)

6. Future outlook
Acquisition of the stocks will have only a slight effect on our business results in this term. If any major effect on
our future business results becomes clear, we will promptly notify you thereof.