Statement Regarding Certain Media Reports Concerning YAMADA HOLDINGS

Today, Nihon Keizai Shimbun reported on a business integration between YAMADA HOLDINGS CO., LTD (the “Company”) and EDION Corporation. However, the reports are not based on any announcement by the Company. While it is true that the Company is considering a business integration with EDION Corporation, no specific matters have been decided at this time. The Company is scheduled to approve the matter