Tranche Update on Ito Yogyo Co., Ltd's Equity Buyback Plan announced on February 10, 2022.

ITO YOGYO CO., LTD. is a company mainly engaged in the manufacture and sale of secondary concrete products. The Company operates in three business segments. The Concrete-related Business segment is engaged in the provision of road-related products, bicon pipes, bicon manholes, rubber joint, environment-related products and others. The Building Equipment-related Business segment is engaged in the sale, installation and maintenance of building equipment-related machinery, with a focus on the air conditioning equipment. The Real Estate-related Business segment is engaged in the leasing and management of condominiums and parking lots.