RYODEN Acquires All Shares of TOPAS electronic AG, Making it a Subsidiary

RYODEN Corporation is pleased to announce that it has acquired all shares of TOPAS electronic AG (Headquarters: Hanover, Federal Republic of Germany; hereinafter referred to as "TOPAS") and made it a consolidated subsidiary in July 2026. This move aims to strengthen the growth foundation of our overseas business by acquiring a customer base and technical support capabilities in the European market.

▶ Background and Reasons for Share Acquisition

In our medium-to-long-term management plan, we position market acquisition through strategic investments, both domestically and internationally, as one of our key management strategies. Specifically, in our overseas strategy, we are promoting the "Out to Out" business, which involves globally deploying solutions cultivated in East Asia, such as environmental control, AI, and robotics, and introducing products and technologies procured overseas into local markets through our group's overseas bases. Our policy is to strengthen our business foundation that responds to customer needs in each region, and by leveraging our group's product lineup, technical support capabilities, and solution proposal power, we aim to develop our overseas bases into hubs for business creation, not just sales functions. Against this backdrop, this acquisition is a crucial initiative for promoting our European strategy and achieving business growth by utilizing the local customer base and technical support capabilities.

TOPAS, based in Hanover, Germany, provides semiconductors to various sectors in Europe, including industrial equipment, telecommunications, medical, and measurement & control. In the system and service domain, the company offers solutions and maintenance/support services related to unified communications*. TOPAS has built a long-standing transaction base with European customers and its strengths lie in its technical support capabilities, customer responsiveness, and relationships with suppliers. Through this share acquisition, we aim to expand business opportunities in the European market by combining TOPAS's customer base and sales/technical support functions in Europe with our group's procurement capabilities, solution proposal power, and private brand product offerings in Japan, Asia, and the United States. Furthermore, we will expand our group's product lineup and solutions to TOPAS's existing customers, and connect our group's suppliers and technical resources to the European market, thereby driving global business growth.

*Unified Communications: A foundational technology that integrates dispersed communication methods such as phone, email, chat, and web conferencing into a single platform, enabling communication through optimal means regardless of time or location.

▶ Overview of TOPAS

(1) Company Acquired

TOPAS electronic AG

(2) Location

Großer Kolonnenweg 18C3, D-30163, Hannover, Germany

(3) Representative

Ulf Zell

(4) Business Description

Sales of semiconductors to the industrial equipment, telecommunications, medical, and measurement & control sectors in Europe, as well as system and service business related to unified communications.

(5) Establishment

1978: Established as TOPAS GmbH 1984: Name changed to TOPAS electronic Vertriebsgesellschaft mbH 2018: Organizational change to TOPAS electronic AG

(6) Capital

€750,000

(7) Ownership Percentage After Acquisition

100%

(8) Contract Signing Date

June 29, 2026

(9) Share Acquisition Date

July 1, 2026

(10) Acquisition Price

Not disclosed

(11) Latest Sales Revenue

€18,080 thousand (Fiscal year ending June 2025)

▶ Summary of Accounting Treatment

This transaction falls under "acquisition" in business combination accounting. The allocation of acquisition costs and the amortization periods for goodwill and intangible fixed assets are currently under review.

▶ Future Outlook

Following the share acquisition, we will build a collaborative structure with our group while respecting the business foundation, customer relationships, and supplier relationships that TOPAS has cultivated. We will promote proposals combining our group's electronic devices, private brand products, systems, and services to TOPAS's existing customer base, and aim to expand business opportunities in the European market by mutually leveraging our group's procurement capabilities in Japan, Asia, and the United States with TOPAS's customer touchpoints and technical support capabilities in Europe.

▶ Contact Information for Inquiries Regarding This Matter

About RYODEN Corporation

RYODEN's purpose is to "shape "excitement" through the power of connecting people and technology," and towards the realization of an "Excellent Company Co-creating the Future," we continuously evolve into a company that can be proud of the world by creating value with all stakeholders through our corporate activities. We fuse new technologies from our network of over 2,000 partner companies to create solutions for the future. Furthermore, based on the technologies of our core businesses in FA systems, thermal & building systems, and electronics, we address social issues such as smart agriculture, medical IT, and decarbonization, and innovate the future beyond with new ideas.

Representative: Katsuyuki Tomizawa, President and Representative Director Established: April 22, 1947 Head Office Location: Koji-cho Kosai Building 10F, 5-1 Koji-cho, Chiyoda-ku, Tokyo 102-0083 Official HP: https://www.ryoden.co.jp/

<Contact for Media Inquiries> https://www.ryoden.co.jp/inquiry/pr