Tranche Update on Yokota Manufacturing Co., Ltd.'s Equity Buyback Plan announced on August 18, 2023.

Yokota Manufacturing Co., Ltd. is a water related solutions company by developing, manufacturing and selling pumps and valves for business use. Its products are used in power plant, in varies plants such as steel, non-ferrous metal, semiconductor, electronics, industrial machinery, food, chemical and pharmaceutical, as well as in agricultural irrigation facilities, water and sewage facilities, and in aquarium. The Company also provides parts for maintenance, as well as periodic inspection work. The Company's products include self-friming volute pumps, degassing equipment, single suction volute pumps, large-size mixed-flow pumps, non-water hammer check valves and automatic control valves, among others.