Shin Nippon Air Technologies Co. Ltd. authorizes a Buyback Plan.

Shin Nippon Air Technologies Co., Ltd. is a Japan-based company engaged in the design, supervision and subcontract of air conditioning equipment, cooling and heating equipment, ventilation, environment conservation products, heat and humidity regulators, dust collectors, sterilization equipment, water supply and drainage, sanitary equipment as well as electric equipment. The Company’s Equipment Work business segment is engaged in the air condition works and the maintenance business, construction cooperation and related delivery of equipment and materials, among others.