Tranche Update on Space Shower Networks Inc.'s Equity Buyback Plan announced on February 28, 2022.

Space Shower Skiyaki Holdings Inc, formerly known as Space Shower Networks Inc, is a Japan-based company engaged in business activities using a variety of content, the operation of businesses that center on music content, such as operating specialized music channels, hosting music events, and distributing music software, as well as contract production of music videos and live videos. The Company operates through three business segments. The Media segment consists of the pay broadcasting business that operates Space Shower TV and Space Shower TV Plus, the on-demand business that operates Space Shower on Demand, and video production business. The Live Content segment consists of event business, live house business, management business, agent business, alliance business, and entertainment cafe business. The Solutions segment consists of distribution business, fan club business, and e-commerce and merchandiser (EC/MD) business.