Tranche Update on Paris Miki Holdings Inc.'s Equity Buyback Plan announced on February 10, 2017.

PARIS MIKI HOLDINGS Inc. is a Japan-based holding company principally engaged in the eyewear retail business. The Company operates in two business segments. The Japan segment is engaged in the retail of eyewear in domestic market, the manufacture of eyewear frames, general construction business and interior finishing business, the support of medical business, the insurance agency business and others. The Overseas segment is engaged in the retail of eyewear in overseas markets and the operation of ophthalmology facilities.