Tranche Update on Maezawa Kasei Industries Co., Ltd.'s Equity Buyback Plan announced on May 31, 2019.

MAEZAWA KASEI INDUSTRIES CO.,LTD. is engaged in the manufacture and sale of water- and sewerage-related products and plastic products. The Company operated in three business segments. The Plumbing Equipment segment mainly manufactures and sells water and sewage-related products, including vinyl chloride invert masses and fittings. The Water Treatment segment mainly designs, constructs, and maintains and manages large-scale merged treatment septic tanks and industrial wastewater treatment facilities. The Plastic Molding segment manufactures and sells housing equipment products and plastic products.