Hinoki wood products; for instance, chopsticks, shoe rack, dish, etc. In order to reach the target group as much as possible, Hinoki Wood has planned for the distribution via online, offline and its

products made from hinoki wood such as chopsticks, shoe racks, saucers, food and etc. to reach widest target group as much as possible. There are plans for distribution channels both online, offline and

etc. to reach widest target group as much as possible. There are plans for distribution channels both online, offline and through distributors. From public relations on various media channels and

distribution channels both online, offline and through distributors. From public relations on various media channels and selling products to test the market around December 2018, it was found that the product

there is any change in exercise price and exercise ratio under the circumstances as defined by the notifications of Capital Market Supervisory Board. The Company may adjust the exercise price and exercise

installments after the maturity of the loan repayment period (February 2014 – January 2015) and the Company requested to negotiate with Mahachai Group to adjust the loan repayment conditions 3 times as follows

(MACO-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase

-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase

Warrants Adjustment of Warrants The Company will be required to adjust the exercise price and/or ratio upon the occurrence of any of the following events; (1) in case of a change in par value of the

has to adjust the transaction retrospectively. This revised standard does not have any impact on the financial statements as the Management has considered and decided to continue accounting for such