Kamigumi makes consolidated subsidiary Japan Port Industry a wholly owned subsidiary

February 27, 2026

Company name: Kamigumi Co., Ltd. Representative: Yoshihiro Fukai, President &

Representative Director Stock code: 9364, TSE Prime Market

Inquiries: Takashi Iwashita, Manager, Public

Relations Department (Tel. +81-78-271-5110)

Kamigumi Co., Ltd. (Head Office: Chuo-ku, Kobe, Hyogo Prefecture; President & Representative Director: Yoshihiro Fukai; "Kamigumi" hereinafter) is pleased to announce that it has acquired additional shares of its consolidated subsidiary, Japan Port Industry Co., Ltd. (President & Representative Director: Mitsugu Okada), in which Kamigumi previously held a 70% stake, thereby making it a wholly owned subsidiary.

1. Purpose of the share acquisition

   One of the basic principles of the Kamigumi Group's Medium-Term Management Plan 2030 is to "Increase the market shares and resilience of domestic core businesses." In line with this principle, Kamigumi is striving to strengthen its market competitiveness.

   Japan Port Industry Co., Ltd. has strong technical capabilities and an outstanding track record in storage and transport operations in the frozen and refrigerated temperature ranges. Making it a wholly owned subsidiary will accelerate management decision-making and strengthen cooperation within the Group and help further grow the existing cold-chain business.

2. Overview of the subsidiary subject to the acquisition

   1. Location: 16, Uozakihamamachi, Higashinada-ku, Kobe, Hyogo Prefecture

   2. Representative: Mitsugu Okada, President & Representative Director

   3. Lines of business: Operation of frozen and refrigerated warehouses and related businesses, freight forwarding services.

   4. Paid-in capital: 100 million yen

   5. Established: June 25, 1973

   6. Major shareholders and share ownership ratios:

      Kamigumi Co., Ltd. (70%) WELLNEO SUGAR Co., Ltd. (15%)

      MEGMILK SNOW BRAND Co., Ltd. (15%)

   7. Website: https://www.kobe-jpi.co.jp/

3. Overview of share acquisition counterparties

   1. Name: WELLNEO SUGAR Co., Ltd.

   2. Location: Sumisei Nihonbashi-Koamicho Building, 14-1 Nihonbashi-Koamicho,

      Chuo-ku, Tokyo

   3. Representative: Koji Yamamoto, President & Representative Director

   4. Lines of business: Production and sales of sugar and other foodstuffs.

1. Name: MEGMILK SNOW BRAND Co., Ltd.

2. Location: 1-1 Naebocho 6-chome, Higashi-ku, Sapporo, Hokkaido

3. Representative: Masatoshi Sato, President & Representative Director

4. Lines of business: Manufacturing and selling cow's milk, milk products, and other foods, among others.