www.nippn.co.jp/ir/ir_news/detail/__icsFiles/afieldfile/2022/03/28/20220328.pdf

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株式会社ニップンによるオーケー食品工業株式会社の完全子会社化に関するお知らせ

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This document announces that Nippon Flour Mills Co., Ltd. has concluded a stock exchange agreement to fully acquire Okay Foods Co., Ltd. Both companies' boards of directors have made this decision, and Okay Foods is expected to be fully acquired on July 25, 2022, following approval at its shareholders' meeting on June 23, 2022. This stock exchange will allow Nippon Flour Mills to efficiently utilize Okay Foods' management resources and enable swift decision-making, aiming for sustainable growth for both companies.