Press release

October 15, 2018
Company name: Nishimoto Co., Ltd.
Representative: Takayuki Kanai, President(Stock code: 9260, Tokyo Stock Exchange First Section)
Contact: Atsuhiko Kimura, Director and CFO(Phone +81-3-6870-2015)

Notice on Merger between Consolidated Subsidiaries and Trade Name Change ofConsolidated Subsidiary
At a Board of Directors Meeting held on October 15, 2018, Nishimoto Co., Ltd. resolved to merge
Nishimoto Trading Co., Ltd. with Wismettac Foods, Inc., both of which are consolidated subsidiaries ofours, and change the trade name of the post-merger surviving company Nishimoto Trading Co., Ltd. toWismettac Foods Co., Ltd., and the General Meetings of Shareholders of both companies on the same
day passed a resolution on this merger.
Since the merger will be between consolidated subsidiaries wholly owned by the Company, we partiallyomitted items and contents to be disclosed.

1. Purpose of merger and trade name change
In the Group, as subsidiaries in Japan, Nishimoto Trading Co., Ltd. pursued Asian food global
business, as well as the amenities and retail business, while Wismettac Foods, Inc. pursued
agricultural and seafood products trading business.
The operating environment for foods has been changing rapidly as evidenced by food technology
evolution and the diversification of food distribution and food supply formats. We decided to merge theabove-mentioned two subsidiaries with the aim of building an organization able to flexibly addresschanges through the concentration of business resources and staff sharing by turning the previous
two-company business platform into a single corporate entity/organization.
We are in the process of sequentially changing the names of our consolidated group subsidiaries toones using the term "Wismettac," the common brand for the Group, starting with our overseas
subsidiaries. We will further foster a sense of unity as the Group and deliver increased brand value by
using the Group common brand for the names of our domestic subsidiaries in Japan.
2. Outline of merger and trade name change(1) Merger format
An absorption-type merger in which Nishimoto Trading Co., Ltd. will be the surviving company withWismettac Foods, Inc. being dissolved(2) Trade name change for the surviving company

Effective January 1, 2019, Nishimoto Trading Co., Ltd. will change its trade name to Wismettac
Foods Co., Ltd.
Current trade name: Nishimoto Trading Co., Ltd.
Future trade name: Wismettac Foods Co., Ltd.

(3) Schedule
The Board of Directors meeting thatapproved the proposed merger (NishimotoCo., Ltd. and its subsidiaries)
The Board of Directors meeting that passed
a resolution on the trade name change(Nishimoto Co., Ltd.)The merger agreement was entered into
The General Meeting of Shareholders thatapproved the proposed merger agreement(subsidiaries)
The date on which the merger and tradename change are scheduled to be
implemented (the date of coming into effect)

October 15, 2018
October 15, 2018

October 15, 2018
October 15, 2018

January(planned)

1,2019(4) Allotment due to the merger
As the merger in question will be between wholly-owned subsidiaries of Nishimoto Co., Ltd., nonew shares will be issued, no paid-in capital increase will take place and no merger grant will bepaid.
(5) Handling of new share subscription rights and bonds with share subscription rights of the company
to be dissolved
Not applicable

3. Profiles of the merging companies (as at December 31, 2017)
Surviving company(1) Trade nameNishimoto Trading Co., Ltd.
(2) Headquarters
4-1-38, Isobedori, Chuo-ku,
Kobe-shi, Hyogo, Japan(3) Name and title of Yoshiro Susaki, Chairman
Representative
Takayuki Kanai, President(4) Principal
activities

business

Importing and exporting, sales
and marketing of foods,agriculturalandseafoodproducts, livestock products,
daily necessities and various

Company to be dissolved
Wismettac Foods, Inc.
3-10-5, Nihonbashi, Chuo-ku,
Tokyo, Japan
Yoshiro Susaki, Chairman
Takayuki Kanai, Vice Chairman
Hiroshi Tsujikawa, President
Importing and exporting, sales
and marketing of foods,agriculturalandseafoodproducts, livestock products,
daily necessities and various

goods(5) Paid-in capital(6) Date of founding(7) Fiscal year ending(8) Major shareholder andshareholding ratio(9) Financial position andbusiness performance
Net assets
Total assets
Net assets per share
Net sales
Operating income
Ordinary income
Net income
Net income per sharegoods
80 million yen

30 million yen

October 1, 2010
December 31 of each year
Nishimoto Co., Ltd., 100%

October 8, 1998
December 31 of each year
Nishimoto Co., Ltd., 100%

Year ended December 2017

Year ended December 2017

2,963 million yen
19,734 million yen
1,852,476.25 yen
11,677 million yen
607 million yen
171 million yen
93 million yen
58,549.65 yen

6,616 million yen
10,920 million yen
11,027,737.77 yen
46,419 million yen
373 million yen
382 million yen
221 million yen
368,346.03 yen

4. Post-merger status
Effective January 1, 2019, the planned merger date, surviving company Nishimoto Trading Co., Ltd.
will change its trade name to Wismettac Foods Co., Ltd., and Yoshiro Susaki will be appointed as
Chairman and Hiroshi Tsujikawa as President, both serving as representatives (RepresentativeDirectors). No change will be made to the post-merger surviving company's headquarters address,
principal business activities, paid-in capital and fiscal year.
5. Future outlook
Because the planned merger will take place on January 1, 2019, it will not affect the Company's
forecasts on its consolidated and non-consolidated financial results for the year ending December
2018.