Tranche Update on Takeei Corporation's Equity Buyback Plan announced on January 19, 2017.

TAKEEI CORPORATION mainly operates in waste recycling businesses. The collection and transportation business includes the collection and transportation of construction industrial waste materials, mainly from construction sites in Tokyo metropolitan area to intermediary treatment plants. The intermediate process business involves the activities of filtering, foreign body removal, shredding and compressing, among others. The recycling business consists of classification of waste materials. The Other businesses include transshipment of waste materials, and the operation in final disposal sites. As of March 31, 2013, the Company had 12 subsidiaries and four associated companies. It also involves in the production and supply of fuel for biomass power generation, as well as the electric power retail business.