Freesia Macross Corporation authorizes a Buyback Plan.

FREESIA MACROSS CORPORATION is a Japan-based company primarily engaged in residential-related construction works. The Company has three business segments. The Manufacture and Supply division is engaged in the manufacture and sale of plastic extrusion machinery, civil engineering testing devices, cabinets for automated teller machines (ATMs), as well as paper, aluminum containers and food containers and others. The Housing-related division is engaged in the planning, investigation, design, construction, supervision and sale of log houses and Swedish houses; the manufacture, import and sale of furniture and related equipment; the waterproofing works, heat insulation works and other housing-related construction works, as well as the trade, leasing and management of real estate properties. The Investment and Distribution Service division is involved in the purchases and sale of computers, peripherals, parts and software, as well as other investment business.