Group Structure

Andersen Institute of Bread & Life Co., Ltd.

Hiroshima ANDERSEN Co.,Ltd.

ANDERSEN Co., Ltd.

MERMAID BAKERY PARTNERS Co.,Ltd.

TAKAKI BAKERY Co., Ltd.

TAKAKI FOODSERVICE PARTNERS Co., Ltd.

ANDERSEN SERVICE Co., Ltd.

JEAN-PAUL HÉVIN JAPON Co., Ltd.

TAKAKI RETAIL OPERATION Co., Ltd.

TAKAKI LOGISTICS SERVICE Co., Ltd.

TAKAKI TRADING OF HIROSHIMA Co., Ltd.

Andersen America Inc.

ANDERSEN BAKERY EUROPE A/S

MERMAID BAKERY PARTNERS HONG KONG Ltd.

TAKAKI BAKERY HONG KONG Ltd.