January 30, 2024
Company Name:

Toshiba Tec Corporation

Representative:

Hironobu Nishikori
Representative DirectorPresident and Chief Executive Officer(Securities Code: 6588, Tokyo Stock Exchange Prime Market)
Contact:

Akira Abe
General Manager of Corporate Communications Division(Tel. +81-3-6830-9151)(Progress of disclosure matters) Notice of Transfer of Inkjet Head Business toRISO KAGAKU CORPORATION via Company Split (Simplified Absorption-TypeCompany Split)
Toshiba Tec Corporation (the “Company”) announced in the “Notice of Transfer of Inkjet HeadBusiness to RISO KAGAKU CORPORATION via Company Split (Simplified Absorption-TypeCompany Split)” dated December 22, 2023 (“Previous Timely Disclosure”) that, the Company
concluded an agreement with RISO KAGAKU CORPORATION (“RISO KAGAKU”) to transfer theinkjet head businesses of the Company and Tec Precision Co., Ltd. (“TPI”), a wholly-owned
subsidiary of the Company, from the Company and TPI to a subsidiary (the “Succeeding Company”)
to be newly established by RISO KAGAKU, through the method of a company split (a simplifiedabsorption-type company split for the Company) (collectively, the “Absorption-Type CompanySplit”).
In preparation for the implementation of the Absorption-Type Company Split, RISO KAGAKU
resolved, at its Board of Directors meeting held today, on matters related to the Succeeding Company.
In conjunction with this board resolution, the Company hereby announces that some of the items thatwere left undecided in the Previous Timely Disclosure have been confirmed.
The section numbers in this document are aligned with those in the Previous Timely Disclosure,and each term used but not defined otherwise herein shall have the meaning provided in the Previous
Timely Disclosure. In the following, the items that were left undecided in the Previous Timely
Disclosure and have now been newly confirmed are underlined, and information without changes isomitted.
4.

Overview of the Companies Involved in the Absorption-Type Company Split(2) Overview of the Succeeding Company (as of April 1, 2024)
(1)

Name

RISO Technologies Corporation(2)

Address

5-34-7 Shiba, Minato-ku, Tokyo(3)

TitleandName

RepresentativeofOshima Kenji, Representative Director

1Development, manufacture, sale, etc. of inkjet heads and related(4)Main Business(5)

Share Capital

JPY 400 million(6)

Date of EstablishmentApril 1, 2024

(7)

Major Shareholders andproducts

their Shareholding Ratios(8)

RISO KAGAKU CORPORATION: 100%

Relationship with the Companies Involved
Capital Relationship

N/A
N/A(Note) On and after the effective date of the Absorption-Type

Personnel

Company Split, the Company and TPI plan to second

Relationshipemployees from the Company and TPI to theSucceeding Company.

Business

N/A

Relationship
Status
Party
6.

as

Related

N/A

Status after the Absorption-Type Company Split(2) Status of the Succeeding Company after the Absorption-Type Company Split
At present, the Name, Address, Title and Name of Representative, Main Business, and Share
Capital of the Succeeding Company after the Absorption-Type Company Split are not planned tobe changed from the contents provided above in “4. Overview of the Companies Involved in theAbsorption-Type Company Split (2) Overview of the Succeeding Company”.

2