2025-11-13 updated

Announcement regarding the risk of irrecoverability or delayed collection of claims

CYBERDYNE Inc. (the “Company”) hereby announces a risk of irrecoverability or delayed collection has arisen with respect to the loan to LeyLine GmbH (Germany; hereinafter “LeyLine”). LeyLine was excluded from the scope of consolidation in February 2025. The only claim the Company holds against LeyLine is the aforementioned loan; the Company has no other loans, receivables, guarantees, or similar obligations related to LeyLine.

1. Outline of the debtor

Trade name:: LeyLine GmbH
Address:: State of North Rhine-Westphalia (NRW), Federal Republic of Germany
Representative:: Midori Moriwaki
Business description:: Operation of PETRONAS MIE Racing Honda Team, etc.
Relationship with the Company:: LeyLine was excluded from the scope of consolidation in February 2025. As of today, there are no capital or personnel relationships with the Company, and LeyLine does not qualify as a related party.

2. Background to the risk of irrecoverability of or delayed collection

While LeyLine was a consolidated subsidiary, the Company provided loans as working capital. Recently, delays were observed in partial repayments, prompting reminders and a review of the situation. As a result, the Company confirmed that delays in the repayment schedule may occur due to LeyLine’s business and cash-flow conditions.

3. Type and amount of claims

Loans: €1,444 thousand (approximately ¥252 million)
(Percentage of consolidated net assets for the fiscal year ended March 2025: 0.01%)
Note: Other than the above loan, the Company has no other loan receivables, other receivables, guarantees, etc., to LeyLine

4. Impact on the business performance

In the second quarter of the fiscal year ending March 2026, ¥252 million was recorded as an allowance for doubtful accounts under finance costs.

5. Outlook

LeyLine has indicated its intention to repay, and the Company will continue collection in line with a repayment plan to be discussed. In parallel, the Company will consider and take appropriate measures as necessary, including legal actions, to protect its receivables. The Company will promptly disclose any material developments as they arise.

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