Tranche Update on Nissin Corporation's Equity Buyback Plan announced on May 9, 2023.

NISSIN CORPORATION is a company mainly engaged in the logistics and tourist business. The Company operates in three business segments. The Logistics segment provides international intermodal transportation, international logistics, air cargo transportation, harbor transportation, motor carrier, warehousing and yard operation services. The Tourist segment is involved in the tourist business mainly for business travel through its subsidiary. The Real Estate segment is engaged in sale and broker of real estate, as well as leasing of land and building from the viewpoint of effective use of owned assets.