Tranche Update on Mammy Mart Corporation's Equity Buyback Plan announced on November 14, 2019.

Mammy Mart Corporation is a Japan-based company mainly engaged in the operation of supermarket business. The Supermarket segment is mainly engaged in the sale of fresh food products, processed foods, prepared foods, daily necessities and others, the processing of fresh food products, as well as the provision of cleaning and maintenance services for the Company's supermarket stores. The others business is involved in the warm bath business and funerary business.