Tranche Update on Tokyo Sangyo Co., Ltd.'s Equity Buyback Plan announced on July 5, 2021.

Tokyo Sangyo Co Ltd is a Japan-based company engaged in the electric power business, the chemical and environment business, the electronic precision equipment business and the life related business. The Company operates through four business segments. Electric Power segment is engaged in the provision of power generating equipment, power distribution equipment and other electric power related equipment. Chemical and Environment segment is engaged in the provision of plants and equipment for chemical, petroleum refining, pharmaceutical, textile, rubber, nonferrous metals and other industries. Electronic Precision Equipment segment is engaged in the provision of precision equipment, measuring devices, air conditioning and other related equipment. Life Related segment is engaged in the provision of water-saving automatic flusher, plastic bags and garbage collection bags. The Company is also engaged in the management and operation of buildings, and the real estate leasing business.