On May 15, 2023, TACHI-S Co., Ltd. announced in its press release that it has decided to oppose the proposal submitted by Strategic Capital, Inc. for the General Meeting of Shareholders to be held on June 20, 2023. The company opposes the proposal as it believes this is not appropriate from the perspective of realizing stable and continuous management and sustainable growth of the Company, improving corporate value and maximizing the common interests of the shareholders.