NAKANISHI INC.
21st August 2023

Media Release

Nakanishi Inc. (“NSK”) to acquire DCI International, No.2 dental chair manufacturer in U.S.
/ A Strategic Investment Resulting in Industry Innovation

NSK has acquired DCI International, LLC, the US fastest-growing dental equipment
manufacturer and world’s largest dental parts manufacturer.
A minority owner since October 2020, NSK looks to build on DCI’s growth momentum
with investments in manufacturing and innovation, resulting in a higher level ofcustomer care and decided to acquire remaining interest to seek for 100% ownership.
The acquisition price has not been disclosed.
Kanuma/Japan (21st August 2023): NSK has reached out to definitive agreement to indirectly
purchase 51% of the membership interests of DCI International, LLC (“DCI”). As a result of thistransaction, 100% of DCI’s membership interests will be held by NSK. This strategic
combination unlocks further growth potential of NSK and DCI to serve customers better andcompete in the dental industry, especially in the U.S. market. The whole DCI management
team will stay in the company. In addition, the DCI brand and sales channels will stay as is.

Eiichi Nakanishi, Nakanishi/NSK Group CEO, said: “This is a game-changing combination
which will provide both NSK and DCI with the broader solutions, customer reach, andcapabilities to solidify our position as a leading provider of dental chair units and instruments
in our market. DCI and NSK values are very similar. Both companies have always practiced the'customer first' principle with all sincerity

to provide satisfaction and excitement to ourcustomers. We also try to manage our business based on people. Both companies have very
good and loyal people and very strong teams. We also place great importance on long-term
relationships with our customers. We feel that these values are a strength that both companies
have over other competitors. By bringing the two companies together, we will furtherheighten our strengths and provide our customers with the best possible experience.”

John Spencer, DCI International CEO, said: I started DCI 40 years ago with the core valuesof making our customer’s life easier, enhancing the life of our employees, and providing dental
care to those in need.

NSK has demonstrated these same principles and will be a goodsteward of these values, while investing in DCI’s continued growth. I’m excited about thefuture and what this means for our customers and employees”

The anticipated closing date is 31 August, 2023. However, the transaction is subject toregulatory approval and is expected to be closed in the coming weeks.

About NSKFounded in 1930, Nakanishi (NSK) is the world’s largest manufacturer of rotary instruments
for the dental profession which includes air-driven and electric handpieces, specialty
handpieces (endo, surgical, hygiene), electric motors and handpiece maintenance systems.
NSK is passionate about creating innovative products that deliver outstanding value. Almost
all parts are manufactured in-house to guarantee the highest precision, reliability, andperformance. For more information on NSK rotary instruments, visit www.nskdental.com.

About DCI
Started 40 years ago in Newberg, OR by the Spencer family, DCI was founded on three guiding
principles: making the customer’s life easier, delivering reliable, enhancing the life of ouremployees, and providing dental care to those in need. Over the years, the Spencer family
redefined the operatory equipment landscape by designing dental equipment and parts thatchallenged the status quo. This experience gives DCI its edge. Today, the family brings theirdesign expertise and commitment to value and service to the forefront with the DCI Edge linesof operatory equipment. For more information about DCI Edge dental operatory chairs,deliverysystems,

cabinetry,

andotherequipment,

visit

www.dciedge.com,

www.dcionline.com--------------------------------------------------------------------------------------------------------Contacts:
Corporate Communication & Investor Relations
Daisuke Suzuki (CFO), Masatoshi Akiya (Head of Communication)
ir@nsk-nakanishi.co.jp

Disclaimer
This release contains forward-looking statements that reflect the current views ofmanagement, and which are subject to known and unknown risks, uncertainties and otherfactors that may cause actual results, performance or achievements of the Nakanishi/NSK
group to differ materially from those expressed or implied in this document.
Statements are made on the basis of management's views and assumptions regarding future
events and business performance at the time the statements are made. They are subject torisks and uncertainties including, but not confined to, future global economic conditions,pandemics, exchange rates, legal provisions, market conditions, activities by competitors andother factors outside our control. Should one or more of these risks or uncertainties
materialize or should underlying assumptions prove incorrect, actual outcomes may varymaterially from those forecasted or expected. The Nakanishi/NSK group is providing theinformation in this release as of this date and does not undertake any obligation to update any
statements contained in it as a result of new information, future events or otherwise. This
release constitutes neither an offer to sell nor a solicitation to buy any securities.