Tranche Update on Tokai Electronics Co.,Ltd.'s Equity Buyback Plan announced on November 4, 2020.

TOKAI ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the sale of various electronic components and related products. The Company operates through five business segments. The Kanto & Koshinetsu Company segment, the Chubu & Kansai First Company segment, and the Chubu & Kansai Second Company segment are engaged in the sale of various electronic components and related products, the maintenance and management of real estate and various equipment, as well as the provision of comprehensive solution proposals such as system and system proposals. The Overseas Solution Company segment is engaged in the sale of products mainly in China, the United States and Southeast Asia. The System Solution Company segment is engaged in the systems business, as well as the development and sale of software and provision of other services.