Tranche Update on Taikisha Ltd.'s Equity Buyback Plan announced on August 10, 2023.

Taikisha Ltd is principally engaged in the environmental systems business and painting systems business. The Company operates in two business segments. The Environmental Systems segment offers general air-conditioning facilities for offices, schools, hotels, stores, research institutes, theaters, halls, hospitals and residential homes, as well as the industrial air-conditioning facilities for clean rooms in factories that manufacture semiconductors, electronic components, precision machinery, pharmaceuticals, foodstuffs and others. The Painting Systems segment provides the painting facilities for factories that manufacture vehicle bodies, bumpers, railway vehicles, construction vehicles and airplanes.