ReYuu Japan Signs Basic Agreement to Acquire Shares in AiPro Inc. (Become Subsidiary)

We hereby announce that at a Board of Directors meeting held on July 2, 2026, we resolved to conclude a basic agreement for the acquisition of shares in AiPro Inc. and to make it a subsidiary.

This basic agreement does not unconditionally obligate the execution of the final agreement or the share acquisition. It is subject to the ongoing due diligence and negotiations toward the final agreement.

1. Reason for Share Acquisition

Our core business is in the reuse mobile-related sector, where we are working to expand the distribution of safe and secure reused mobile devices through the purchase, data erasure, cleaning, and sale of used mobile devices.

Furthermore, in the "Financial Results Briefing for the Second Quarter of Fiscal Year Ending October 2026" announced on June 12, 2026, we outlined a growth strategy to strengthen the reuse business value chain by integrating everything from securing used devices and parts to refurbishment, EC sales, corporate sales, and rentals through M&A of repair businesses and other companies. Specifically, we have identified improving device procurement capabilities, creating purchase opportunities from customers with whom we have contact through the repair business, recovering and reusing parts from irreparable devices, and strengthening the refurbishment and quality control systems for used devices as important measures.

In considering M&A and business alliances with repair businesses and other companies, we created a long list of potential candidates and directly approached them. In that process, we received a positive response from AiPro Inc., leading us to initiate preliminary information exchange and discussions with the company. Following subsequent deliberations, we have proceeded to discussions toward concluding this basic agreement.

AiPro Inc. operates a repair business for smartphones, tablets, PCs, game consoles, and other devices, as well as purchasing and selling used smartphones and PCs, and operating a franchise business. As of April 2026, the company operates 36 directly managed and franchised stores nationwide and possesses a business foundation that integrates repair, purchase, and sales through its store network.

We believe this has high affinity with our goal of strengthening the reuse business value chain, as it allows for the creation of customer touchpoints through the repair business, expansion of purchase opportunities for used devices, and utilization of refurbishment know-how. Through this transaction, we aim to create the following primary synergies by combining AiPro's repair business know-how and store network with our reuse mobile-related business:

【Primary Synergies to be Created by This Transaction】

1 Expansion of Sales Opportunities through Enhanced Device Procurement Capabilities

By leveraging AiPro's repair business and in-store purchasing functions, we will create purchase opportunities from customers with whom we have contact through the repair business, thereby expanding opportunities for procuring used devices and ensuring stable inventory. We also believe that the increased scope for handling devices intended for repair and refurbishment will lead to an expansion of inventory available for our existing sales channels such as EC sales, corporate sales, and rentals.

2 Strengthening of Refurbishment and Quality Control Systems

By utilizing AiPro's repair know-how and store resources, we will enhance the recovery and reuse of parts from irreparable devices and strengthen the refurbishment system for used devices. Furthermore, by complementing the quality control systems for inspection, repair, refurbishment, and pre-shipment checks, we will improve the supply capacity of safe and secure reused mobile devices.

For the reasons stated above, we have resolved to conclude a basic agreement for the acquisition of shares in AiPro Inc. and to make it a subsidiary.

2. Overview of AiPro Inc.

3. Overview of the Counterparty for Share Acquisition

4. Number of Shares to be Acquired, Acquisition Price, and Shareholding Status Before and After Acquisition

5. Schedule

6. Future Outlook

The impact of this transaction on our current fiscal year's performance is currently under review. However, we believe this transaction will contribute to the improvement of our profitability and corporate value in the medium to long term.