Amended Securities Report – 72nd Fiscal Period (2023/04/01 – 2024/03/31)

Hakuto Co., Ltd. Amended Securities Report – 72nd Fiscal Period (2023/04/01 – 2024/03/31)

This report is an amended securities report submitted by Hakuto Co., Ltd. pursuant to the Financial Instruments and Exchange Act, containing financial condition and operating performance information for the 72nd fiscal period (April 1, 2023 to March 31, 2024). The company has filed this amended report due to identified accounting errors or disclosure omissions in the originally submitted securities report.

The main corrections are as follows:

- Correction of retained earnings at the beginning of the period due to incorrect application of revenue recognition timing under accounting policies. - Revision of current-period revenue and net income resulting from misapplication of revenue recognition criteria for specific orders. - Adjustment of impairment loss amounts on fixed assets following a reassessment of assumptions used in impairment testing. - Additional disclosures and numerical corrections regarding transactions with affiliated companies.

As a result of these corrections, net income for the period has been downwardly revised by ¥320 million from the initially reported figure. Equity has also been adjusted downward by ¥280 million. However, the impact on operating cash flow is limited, and there is no adverse effect on the company's liquidity.

The company is strengthening its internal control systems and enhancing collaboration with its accounting auditors to prevent recurrence. This amendment reflects a commitment to financial transparency and reliability, and the company requests understanding from shareholders and investors.

Going forward, the company will continue to prioritize governance improvements and transparency in management.