The transactions pursuant to the joint share transfer described in this press release involve securities of aJapanese company. The joint share transfer is subject to disclosure requirements of Japan that are different fromthose of the United States. Financial information included in this document, if any, was excerpted from financial
statements prepared in accordance with foreign accounting standards that may not be comparable to thefinancial statements of United States companies.
It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal
securities laws, since the issuer is located in Japan and some or all of its officers and directors reside outside ofthe United States. You may not be able to sue a Japanese company or its officers or directors in a Japanese court
for violations of the U.S. securities laws. It may be difficult to compel a Japanese company and its affiliates tosubject themselves to a U.S. court’s judgment. You should be aware that the issuer may purchase securities
otherwise than under the joint share transfer, such as in the open market or through privately negotiatedpurchases.
This document has been translated from the Japanese-language original for reference purposes only. In the eventof any conflict or discrepancy between this document and the Japanese-language original, the Japaneselanguage original shall prevail in all respects.

May 11, 2021
To whom it may concern:

Company Name:

Maruka Corporation

Representative:

Kunihiko Iida
President and Representative Director(Tokyo Stock Exchange Securities Code: 7594)
Contact:

Naoto Shimabayashi
Executive Officer, Head ofAdministration Division(Tel: 06-6450-6823)

Company Name:

Furusato Industries, Ltd.

Representative:

Ryohei FurusatoPresident and Representative Director(Tokyo Stock Exchange Securities Code: 8087)
Contact:

Taketsugu Fujii
Director, General Manager of theAdministration Headquarters(Tel: 06-6946-9605)

1

(Amendment to Matters Disclosed)
Notification Regarding Integration of Maruka Corporation and Furusato Industries,
Ltd. through Establishment of Joint Holding Company (Share Transfer)
As announced in the “Notification Regarding Integration of Maruka Corporation and Furusato Industries, Ltd. throughEstablishment of Joint Holding Company (Share Transfer)” dated May 7, 2021, Maruka Corporation (“Maruka”) andFurusato Industries, Ltd. (“Furusato”) have reached an agreement with respect to the establishment of MARUKA
FURUSATO Corporation, which will be the wholly owning parent company of both companies (the “Joint HoldingCompany”), through a joint share transfer (the “Share Transfer”) scheduled to become effective on October 1, 2021 (the“Integration”). As of May 7, 2021, pursuant to the resolution of the respective meetings of the Boards of Directors ofMaruka and Furusato held on May 7, 2021, both companies have entered into an agreement on management integration
concerning the Integration (the “Integration Agreement”), and have prepared a share transfer plan regarding the ShareTransfer (the “Share Transfer Plan”).
In order to change the record date for the extraordinary general meeting of shareholders of Maruka, Maruka resolved
at the meeting of its Board of Directors today to change the record date for the convocation of such extraordinary general
meeting of shareholders to June 10, 2021, as described below:

Changes (changes are underlined)<Omitted>2.
(1)

Summary of the Share Transfer
Schedule of the Share Transfer(Before change)
Record date for the ordinary general meeting ofMarch 31, 2021 (Wed)shareholders (Furusato)
Meeting of board of directors for approval of theMay 7, 2021 (Fri) (Today)
Integration Agreement and the Share Transfer Plan(both companies)
May 7, 2021 (Fri) (Today)
Conclusion of the Integration Agreement andpreparation of the Share Transfer Plan (bothcompanies)
Public notice of the record date for the extraordinary (Scheduled on) May 18, 2021 (Tue)general meeting of shareholders (Maruka)
Record date for the extraordinary general meeting of (Scheduled on) June 2, 2021 (Wed)shareholders (Maruka)
Ordinary general meeting of shareholders for(Scheduled on) June 21, 2021 (Mon)approval of the Share Transfer Plan (Furusato)
Extraordinary general meeting of shareholders forapproval of the Share Transfer Plan (Maruka)

2(Scheduled on) July 16, 2021 (Fri)Date of delisting of stocks (both companies)(Scheduled on) September 29, 2021 (Wed)Incorporation and registration of the Joint Holding
Company (Effective date)Listing of shares of the Joint Holding Company(Scheduled on) October 1, 2021 (Fri)(Scheduled on) October 1, 2021 (Fri)(After change)
Record date for the ordinary general meeting ofMarch 31, 2021 (Wed)shareholders (Furusato)
Meeting of board of directors for approval of theMay 7, 2021 (Fri) (Today)
Integration Agreement and the Share Transfer Plan(both companies)
May 7, 2021 (Fri) (Today)
Conclusion of the Integration Agreement andpreparation of the Share Transfer Plan (bothcompanies)
Public notice of the record date for the extraordinary (Scheduled on) May 26, 2021 (Wed)general meeting of shareholders (Maruka)
Record date for the extraordinary general meeting of (Scheduled on) June 10, 2021 (Thu)shareholders (Maruka)
Ordinary general meeting of shareholders for(Scheduled on) June 21, 2021 (Mon)approval of the Share Transfer Plan (Furusato)
Extraordinary general meeting of shareholders for(Scheduled on) July 16, 2021 (Fri)approval of the Share Transfer Plan (Maruka)
Date of delisting of stocks (both companies)(Scheduled on) September 29, 2021 (Wed)Incorporation and registration of the Joint Holding
Company (Effective date)Listing of shares of the Joint Holding Company(Scheduled on) October 1, 2021 (Fri)<Omitted>3(Scheduled on) October 1, 2021 (Fri)