Tranche Update on Fudo Tetra Corporation's Equity Buyback Plan announced on May 11, 2018.

Fudo Tetra Corporation is a Japan-based company mainly engaged in the construction work-related business. The Company operates in four business segments. The Civil Construction segment is engaged in the construction of ordered civil works. The Foundation Improvement segment is engaged in the construction of ordered foundation improvement work. The Block segment is engaged in the leasing of steel formworks for wave-absorbing and foot protection use. The Others segment is engaged in the provision of insurance agency services.