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Notice Regarding Agreement to Acquire Fixed Assets

Nitto Denko Corporation (Headquarters: Osaka, Japan; President, COO: Tatsuya Akagi; hereinafter “Nitto”) announces that it has entered into a sale and purchase agreement to acquire fixed assets (land, building, etc.) owned by Sharp Corporation (Headquarters: Osaka, Japan; President CEO: Tetsuji Kawamura; hereinafter “Sharp”).

1. Background

Nitto’s Medium-Term Management Plan, announced in May 2026, identifies “Digital Interface” as one of its growth areas, with a particular focus on the semiconductor field. This acquisition is intended to support further growth in the semiconductor field, in which Nitto aims to achieve revenue of more than 100 billion JPY and an operating margin of more than 30% by FY2030. We have decided to acquire fixed assets of a factory owned by Sharp, to advance the commercialization of our next-generation thin substrates for semiconductor chip mounting, which employ our proprietary thin layer formation and circuit formation technologies.

2. Overview

a. Asset details: Land, building, etc. (Mie Prefecture, Japan)
b. Acquisition price: 22.2 billion JPY
c. Date of agreement: Nov 12, 2026
d. Scheduled date of ownership transfer: Dec 24, 2026

About Nitto (Nitto Denko Corporation)

Since its founding in 1918, Nitto has globally provided a wide range of products and services as a high-performance materials manufacturer, including optical materials used in display devices such as smartphones and automotive displays, advanced semiconductor materials, high-density printed circuit boards for data centers, medical-related products and services, and decarbonization solutions, based on its core technologies. Under its brand slogan, “Innovation for Customers,” Nitto aims to create indispensable value for society and contribute to a sustainable global environment and a prosperous human society.

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