BeNext Yumeshin : Notice of Acquisition of Shares of Nihon AXIS Co., Ltd.

April 1, 2022

Company name	BeNext-Yumeshin Group Co.
Name of Representative	Yutaka Nishida
Chairman and Representative Director, CEO
(Code: 2154 1st Section of TSE)
Contact	Hiroshi Sato
Board Director, CFO
Telephone Number	03-6672-4181

Notice of Acquisition of Shares of Nihon AXIS Co., Ltd.

At a meeting of the Board of Directors held on March 18, 2022, we resolved to acquire 100% of the shares of

Nihon AXIS Co., Ltd. ("Nihon AXIS"), and completed the payment on April 1, 2022, as stated below. The disclosure of this matter is omitted in part because it does not meet the Timely Disclosure Standards of the Tokyo Stock Exchange.

1. Reason for acquiring shares

To achieve the targets in the "BY2025", our medium-term management plan ending in 2025, our key issue is to grow the engineer staffing business, which is highly profitable and has continuous growth potential.

Nihon AXIS has provided support services including the dispatch of engineers to the National Research and Development Agencies as its major customers for many years. In recent years, Nihon AXIS has also entered into joint research agreements with Osaka University's Faculty of Engineering.

Demand for temporary staffing and contracting services for public institutions conducting frontier research is expected to remain high in the medium to long term. With this, we expect that this acquisition will lead to the expansion of new business domains for engineer staffing.

2.

Overview of Nihon AXIS

(1)Name	Nihon AXIS Co., Ltd.
(2)Address	13-8, Sotono2-chome, Hitachinaka-shi, Ibaraki
(3)Job Title / Name of Representative	Representative DirectorDaishiro Muto
(4)Business Activities	Dispatch of engineers and outsourcing of operations for research facilities Machinery and equipment installation work and maintenance
(5)Paid-in Capital	20,000 thousand yen
(6)Date of Incorporation	July 3, 1992
(7)Major shareholders and percentage of shares	Daishiro Muto 52.6%, and another
Listed companies and the companies concerned (8) Relationship with	Capital relationship	Not applicable
Personnel relationship	Not applicable
Business relationship	Not applicable

(9)Consolidated operating results and financial position of the company for the past three years
Fiscal year end	FYE Dec. 2019	FYE Dec. 2020	FYE Dec. 2021
Consolidated net assets	149 Millions of yen	191 Millions of yen	227 Millions of yen
Consolidated total assets	564 Millions of yen	593 Millions of yen	613 Millions of yen
Consolidated net assets per share	546,238 yen	702,633 yen	836,034 yen
Consolidated net sales	606 Millions of yen	688 Millions of yen	729 Millions of yen
Consolidated operating income	46 Millions of yen	58 Millions of yen	51 Millions of yen
Consolidated ordinary income	46 Millions of yen	57 Millions of yen	49 Millions of yen
Profit attributable to owners of parent	35 Millions of yen	43 Millions of yen	36 Millions of yen
Consolidated net income per share	128,538 yen	156,395 yen	133,401 yen
Dividend per share	−yen	−yen	−yen
Number of engineers	90 people

• 3. Outline of acquired company

  (1)Name	Daishiro Muto 52.6%, and another
  (2)Address	Hitachinaka-shi, Ibaraki
  (3) Relationship between a listed company and the individual concerned	Not applicable

• 4. Number of Shares Acquired, Acquisition Price, and Shareholdings Before and After Acquisition

  (1)Shares owned prior to the transaction	- shares (Number of voting rights: - units) (Percentage of voting rights: - %)
  (2)Shares acquired	272 shares of common stock （Number of voting rights：272）
  (3)Acquisition cost	Not disclosed
  (4)Shares owned after the transaction	272 shares （Number of voting rights：272） （Percentage of voting rights：100.0％）

• 5. Schedule

  (1)Date of resolution of the Board of Directors	March 18, 2022
  (2)Contract day	March 18, 2022
  (3)Effective date of the share transfer	April 1, 2022

• 6. Future Outlook

The impact of this incident on the Company's performance is immaterial.