Nagase & Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director and President: Kenji Asakura; hereinafter 'NAGASE') will, as of April 1, 2023, complete the integration (hereinafter 'the Integration') of its subsidiaries, Hayashibara Co., Ltd. (Head office: Okayama; Representative Director: Naoki Yasuba; hereinafter 'Hayashibara') and the bio-related business of Nagase ChemteX Corporation (Head office: Osaka; President and CEO: Satoru Fujii; hereinafter 'Nagase ChemteX').

In the Integration, Hayashibara will inherit Nagase ChemteX bio-related business operated at its Fukuchiyama Plant (Fukuchiyama, Kyoto). Through the Integration, the NAGASE Group will unify its biotechnologies and grow its bio-related business, which is positioned as a key field in the Group's medium-term management plan ACE 2.0, as a long-term core business of the Group.

Having set forth its Vision 'We will contribute to a sustainable world where people live with peace of mind,' the NAGASE Group will make every effort to realize this vision by strengthening its bio-related business.

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