Tranche Update on Funai Soken Holdings Incorporated's Equity Buyback Plan announced on August 23, 2023.

Funai Soken Holdings Incorporated is a Japan-based company mainly engaged in the provision of management consulting business, related logistics business and other services. The Company operates through three business segments. The Management Consulting segment provides consulting services in the fields of real estate, medical, nursing, automobile-related, amusement, restaurant, education, manufacture, energy, information communication technology, human resource development, finance, marketing, office structure. The Logistics segment is engaged in the provision of logistic consulting service, operation business, cost reduction and other logistics trading for logistics industry. The Other segment provides information technology (IT) consulting, contact center consulting, direct recruiting, and system development services.