Hibiki Path Advisors (“Hibiki” or “We”), a value-oriented engagement investor, sent Request Letter to the Board of Directors of Tomoe CORPORATION (1921) on 12 September 2025, requesting a fundamental review of its Medium-Term Management Plan and the establishment of a Special Committee.

This document does not constitute an offer, recommendation or solicitation to buy or sell any security or enter into any other transaction. Hibiki does not purport to provide any investment, financial, legal or other expert advice or recommendation in this document.

English：Letter to Tomoe CORPORATION

English：BUSINESS WIRE press release

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