Tranche Update on Maruka Machinery Co. Ltd.'s Equity Buyback Plan announced on October 12, 2016.

Maruka Corporation, formerly MARUKA MACHINERY CO., LTD., is a Japan-based company principally engaged in the sale of industrial machinery and construction machinery. The Company operates in two business segments. The Industrial Machinery segment is engaged in the provision of numerical control (NC) lathes, machining centers, press, plastic injection molding machine, bearing and others. The Construction Machinery segment sells cranes and other construction machines, consisting of cranes, earth akers, pile punching machine, aerial work vehicles and others. The Company is also engaged in the operation of insurance agencies.