Mitsubishi Pencil Co., Ltd. (Head Office: Shinagawa-ku, Tokyo; President: Shigehiko KAZUHARA) announces that, at a Board of Directors meeting held today, it has resolved on the basic policy to integrate its sales subsidiaries through a merger, with Mitsubishi Pencil Tokyo Sales Co., Ltd. (hereinafter "Tokyo Sales") as the surviving company and Mitsubishi Pencil Hokkaido Sales Co., Ltd., Mitsubishi Pencil Tohoku Sales Co., Ltd., and Mitsubishi Pencil Saitama Sales Co., Ltd. as the dissolved companies, effective January 1, 2027. The integration (hereinafter "this integration") aims to optimize the Group's sales structure, further strengthen marketing functions integrated with sales activities, improve management efficiency, and thereby enhance the overall sales and market strategy capabilities of the Group. The Board also resolved that the surviving company, Tokyo Sales, will change its corporate name. This integration and the name change are scheduled to be implemented following necessary corporate approvals at the affected subsidiaries, execution of the merger agreement, shareholder meeting resolutions, and other prescribed procedures. 1. Purpose of the Integration and Name Change The Mitsubishi Pencil Group has established "Vision 2036 (Long-Term Vision)," targeting the company's 150th anniversary in 2036, and is advancing its "Medium-Term Management Plan 2025–2027" to achieve this vision. Under one of its key strategies—"Sustaining Growth in the Writing Instruments Business and Promoting Diversification"—the Group is actively working to expand its business value. At the same time, the market environment surrounding the Group is changing rapidly. The Company believes that further strengthening of its sales structure is essential to enhance market development through expanded marketing capabilities, improve proposal and customer service capabilities, increase productivity, and achieve cost optimization. Through this integration, the Company will centralize sales, cu