Yamae Hisano and Toy Medical form a capital and business alliance, officially beginning collaboration in the food sector.

Yamae Hisano Co., Ltd.
TOY MEDICAL Ltd.

NEWS RELEASE
January 29, 2021

Yamae Hisano and Toy Medical form a capital and business alliance.

Full-scale collaboration begins in the food sector.

Yamae Hisano Co., Ltd. (Headquarters: Fukuoka City, Fukuoka Prefecture, President & COO: Reito Omori, hereinafter "Yamae Hisano"), a Kyushu-based intermediate distribution company, has entered into a capital and business alliance agreement with Toy Medical Co., Ltd. (President & CEO: Hidenori Takeshita, Headquarters: Kamimashiki District, Kumamoto Prefecture, hereinafter "Toy Medical"), which develops supplements and other products using salt absorption suppression technology, and has decided to subscribe to new shares issued by Toy Medical through a third-party allocation.

◆ Reasons for the capital and business alliance
Toy Medical is an innovative company that has developed the world's first "salt excretion" technology (which adsorbs salt contained in food and excretes it from the body). This patented technology, established through joint research with Kumamoto University, makes it possible to reduce salt intake and contribute to improving quality of life (QOL). Supplements are already being sold on e-commerce sites and in drugstores. By combining Toy Medical's technological capabilities with Yamae Hisano's customer base and sales network, we can provide new added value to food-related businesses, which led to this capital and business alliance.

◆ Main details of the capital and business alliance
(1) Details of the capital alliance
Yamae Hisano will subscribe to 200 shares of Toy Medical's common stock issued through a third-party allocation (representing 2.6% of the total outstanding shares as voting rights).

◆ Main details of the capital and business alliance
(1) Details of the capital alliance
Yamae Hisano will subscribe to 200 shares of Toy Medical's common stock issued through a third-party allocation (representing 2.6% of the total outstanding shares as voting rights).

(2) Details of the business alliance
① Business development in the food business
Leveraging Yamae Hisano's stable customer base and sales network, we will fully expand the distribution of Toy Medical's products to food-related businesses.
② Strengthen product appeal
We will use the funds raised through a third-party allocation of shares to strengthen Toy Medical's product capabilities by developing new products and obtaining functional food labeling.

◆ Overview of Yamae Kuno
(1) Company name: Yamae Hisano Co., Ltd.
(2) Business activities: Wholesale and logistics of food products (including raw materials), alcoholic beverages, animal feed, timber and building materials.
(3) Date of establishment: April 27, 1950
(4) Head office address: 2-13-34 Hakata Station East, Hakata Ward, Fukuoka City
(5) Representative: Reito Omori, President and COO
(6) Capital: 2,974 million yen

◆ Overview of Toy Medical
(1) Company name: Toy Medical Co., Ltd.
(2) Business activities: Development and sales of medical devices, health foods, and beauty products.
(3) Date of establishment: October 9, 2013
(4) Head office location: 750-1 Toyoaki, Mifune-machi, Kamimashiki-gun, Kumamoto Prefecture
(5) Representative: Hidenori Takeshita, President and Representative Director
(6) Capital: 75 million yen

*For more details regarding this release: (https://prtimes.jp/main/html/rd/p/000000007.000063699.html)