December 16, 2021

80, Oshimada-machi,Nagano-shi,381-2287 Japan

SHINKO ELECTRIC INDUSTRIES CO., LTD.

Stock exchange code: 6967, TSE 1st Section

Notice Regarding Application for Selection of New Market Segment "Prime

Market" on the Tokyo Stock Exchange

NAGANO, Japan, December 16, 2021 - SHINKO ELECTRIC INDUSTRIES CO., LTD. (SHINKO) received an initial assessment result from the Tokyo Stock Exchange (TSE) on July 9, 2021, regarding the listing criteria for the new market segments, which confirmed that SHINKO fulfilled the requirements for listing on the "Prime Market" in the new market segments.

Based on these results, the Board of Directors resolved at its meeting held on December 16,

2021 to select to list on the "Prime Market" and to submit the relevant applications.

Going forward, SHINKO will adhere to the prescribed procedures stipulated in the TSE application schedule.

Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

CONTACT: Public & Investor Relations Dept.,

Corporate Planning Div.

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Shinko Electric Industries Co. Ltd. published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 06:48:08 UTC.