Tranche Update on Janis Ltd.'s Equity Buyback Plan announced on March 26, 2018.

Janis Ltd. is a Japan-based company mainly engaged in the manufacture and sale of sanitary equipment. The Company is engaged in the manufacture and sale of sanitary ware products, including closet bowls, urine basins, wash-basins and water basins; toilet seats, including toilet seats with warm water washers, toilet seats with heaters and general toilet seats; counters, including water basins with counter and water basins with cabinets; accessories, including paper holders, towel rings, storage rack and others. The Company is also engaged in the manufacture and sale bathroom vanities and dressing tables, and water taps.