Notice of Third-Party Allotment of New Shares

Notice of Third-Party Allotment of New Shares

Toy Medical Co., Ltd. (Head office: Kumamoto City, Kumamoto Prefecture; President and CEO: Hidenori Takeshita; hereinafter referred to as "the Company") is pleased to announce that it has completed a third-party allocation of shares to Higin Venture No. 2 Investment Limited Partnership, which is managed by Higin Capital Co., Ltd. (Head office: Kumamoto City, Kumamoto Prefecture; Representative Director: Akira Yokoyama; hereinafter referred to as "Higin Capital").

◆Purpose of the third-party allocation of new shares
Our company operates under the management philosophy of "Exploring food and health, and supporting a brighter tomorrow for you." We have developed supplements and other products using our unique patented technology to suppress salt absorption, and have been selling them through e-commerce sites and drugstores.
This capital increase will allow us to combine our technological capabilities with the network and credit base of the Higo Bank Group to enhance products that utilize our salt absorption suppression technology. We aim to deepen our collaboration with major food manufacturers and suppliers and create new markets that have never existed before.

◆Overview of the underwriter
Name: Higin Venture No. 2 Investment Limited Partnership
General Partner: Higin Capital Co., Ltd.

◆ Overview of Higin Capital
Company Name: Higin Capital Co., Ltd.
Business activities: Investment and consulting services
Date of establishment: November 18, 1996
Head office location: 1-9-9 Shimotori, Chuo-ku, Kumamoto City
Representative: Teru Yokoyama
Capital: 100 million yen
Homepage:https://higincapital.co.jp/

◆Company Overview
Company Name: Toy Medical Co., Ltd.
Business activities: Development and sales of health foods and medical devices.
Date of establishment: October 9, 2013
Location: 48-1 Shishimizu, Tomiai-machi, Minami-ku, Kumamoto City, Kumamoto Prefecture
Representative: Hidenori Takeshita
Capital: 175 million yen

[Contact information for inquiries regarding this matter]
Toy Medical Co., Ltd. Contact Person: Tashiro
TEL: 096-342-6477 FAX: 096-342-6487
Mail：info@toymedical.jp