Nihon Nohyaku : Matters Concerning the Controlling Shareholder, etc.

To whom it may concern	June 25, 2024
Company name:	NIHON NOHYAKU CO., LTD.
Representative:	Hiroyuki Iwata, Representative
	Director, President
	(Stock Exchange Code: 4997, Prime
Contact:	Market of the Tokyo Stock Exchange)
Masaki Yoshioka, General Manager of
	General Affairs & Legal Department
	(TEL: [phone])

Matters Concerning the Controlling Shareholder, etc.

NIHON NOHYAKU CO., LTD. (hereinafter referred to as the "Company") hereby announces the following matters concerning the controlling shareholder, etc., which is the Company's parent company, ADEKA Corporation.

1. Trade name, etc. of the parent company, controlling shareholder (excluding parent company), or other affiliated company

					(As of March 31, 2024)
		Percentage of voting rights (%)	Financial instruments
Company name	Attribute				exchange, etc. on which the
Directly	Indirectly	Total
		issued shares are listed
		held	held
ADEKA Corporation	Parent company	51.07	0.00	51.07	Prime Market of Tokyo Stock
Exchange, Inc.

2. Positioning of the listed company in the corporate group of the parent company, etc. and other relationships between the listed company and the parent company, etc.

ADEKA Corporation is the Company's parent company that holds 51.07% of the Company's voting rights. The Company has no business dependency on the aforementioned company, and therefore ensures independence as a listed company in the basic management policy and everyday business activities, etc.

(Status of concurrently serving officers)		(As of June 25, 2024)
Position	Name	Position in the parent company,	Reason for assumption of the office
etc. or its group companies
Director	Akio Kohri	Advisor	Requested for assuming the office
(part-time)
		of Director who provides the
Director		Representative Director and	Company with opinions and advice
Haruhiko Tomiyasu	Senior Managing Operating	on the Company's management.
(part-time)
	Officer

3. Matters concerning transactions with the controlling shareholder, etc.

ADEKA Corporation is a supplier of raw materials in manufacturing of the Company's products, and the conditions, etc. are the same as those of other general business partners.

4. Status of implementation of measures to protect minority shareholders in conducting transactions, etc. with the controlling shareholder

The Company conducts transactions with the parent company, ADEKA Corporation, under fair and appropriate conditions and procedures similar to those of other general corporations, and therefore recognizes that the interests of minority shareholders will not be harmed. The Company will continue to work to protect minority shareholders.