Tranche Update on N Field Co., Ltd.'s Equity Buyback Plan announced on February 8, 2016.

N FIELD Co., Ltd. is principally engaged in the provision of living environments and home care services for people with a mental illness and the elderly. The Company operates a single business segment namely Home Service, and mainly provides its services to the people with mental illness. With the prescription of the attending physicians, the Company provides visited nursing service, including home care and necessary medical care service, to the people with mental illness. It also provides dwelling rental service, in which the Company initially searches properties for the tenants, and then signs lease agreements with the properties owners to become a lender, and with the cooperation of medical institutions, provides the properties to tenants. Additionally, it also provides visited care service, such as life support service.