This exchange offer is made for the securities of a foreign company. The offer is subject todisclosure requirements of a foreign country that are different from those of the United States.
Financial statements included in the document, if any, have been prepared in accordance withforeign accounting standards that may not be comparable to the financial statements of UnitedStates companies.
It may be difficult for you to enforce your rights and any claim you may have arising un der
the federal securities laws, since the issuer is located in a foreign country, and some or all ofits officers and directors may be residents of a foreign country. You may not be able to sue aforeign company or its officers or directors in a foreign court for violations of the U.S.
securities laws. It may be difficult to compel a foreign company and its affiliates to subject
themselves to a U.S. court's judgment.
You should be aware that the issuer may purchase securities otherwise than under the excha nge
offer, such as in open market or privately negotiated purchases.
This document has been translated from the Japanese-language original for reference purposes
only. While this English translation is believed to be generally accurate, it is subject to, a nd
qualified by, in its entirety, the Japanese-language original. Such Japanese-language original
shall be the controlling document for all purposes.

June 24, 2024
To Our Shareholders:
Inageya Co., Ltd.
Yoshikazu Motosugi
Representative Director andPresident
Securities code: 8182
To Contact: Kazushige Hamura
Senior Managing Director(TEL 042-537-5111)
Corrections to Consolidated Financial Report for the Fiscal Year Ended March 31, 2024 (JapaneseGAAP) (Corrections and Numerical Data Corrections)
We hereby inform you that our “Consolidated Financial Report for the Fiscal Year Ended March 31, 2024 ”
published on May 10, 2024, have been partially corrected.
The corrected version below includes a few numerical data corrections.
1. Corrections
In relation to the sale of our subsidiary, Welpark Co., Ltd. (“Welpark”), explained in “Notice Regarding
100% Acquisition of Welpark Co., Ltd. by Welcia Holdings Co., Ltd., Changes in Subsidiary at InageyaCo., Ltd. (share transfer) and receipt of special dividend from such Subsidiary, as well as Recognition ofExtraordinary Income” dated April 18, 2024, among all accounting treatment, deferred tax liabilities of
1,231 million yen and income taxes-deferred of 1,231 million yen in the consolidated financial statements,
which were planned to be recorded in the first quarter of the fiscal year ending March 31, 2025, will be
newly recorded in the fiscal year ending March 31, 2024. As a result, this year’s net profit attributable toshareholders of the parent company has been corrected from 1,728 million yen to 497 million yen. Inaddition, as we had planned to record the same in the earnings forecast for the second quarter of the fiscal
year ending March 2025, we have revised the forecast separately today and revised the consolidated
earnings forecast of net profit attributable to shareholders of the parent company for the second quarter ofthe fiscal year ending March 25 upward.

2. Reason of Corrections
In the financial statements for the fiscal year ended March 31, 2024, the accounting treatment related tothe transfer of shares of Welpark to Welcia Holdings Co., Ltd. (“Share Transfer”) , which was the cause of
the corrections, have been confirmed with our accounting auditor, Gyosei & Co, and we did not factor in
the posting of deferred tax liabilities as a subsequent event in the financial statements. We also received an
unqualified opinion in the auditor report of the accounting auditor in accordance with the Companies Act
dated May 17, 2024, and proceeded with preparations for holding the annual general meeting ofshareholders.
Meanwhile, we plan to appoint Deloitte Touche Tohmatsu LLC (“Tohmatsu”) as accounting auditor fromthe fiscal year ending March 2025, and Tohmatsu has been reviewing our financial statements and Gyosei’saudit report in preparation for the hand off. During the process, in June, Tohmatsu proposed that theaccounting treatment for the sale of shares should be recorded in the financial statements for the fiscal year
ending March 2024 in accordance with the 本則 rather than as a subsequent event, and we discussed with
Gyosei and Tohmatsu the necessity of correcting the recording of the deferred tax liabilities. During thediscussion, Gyosei informed us on June 17, 2024, that, after a review by its head office, although it shouldhave been recorded based on its initial view that it was a subsequent event, from the materia lity viewpoint,
it changed its opinion to say that it would not be necessary to correct the financial statements.
On the same day, Tohmatsu informed us that (i) its view remains that the recording should be corrected,(ii) if would be a major fallacy not to make the corrections based on Gyosei’s opinion—i.e., it should havebeen recorded but correction to the financial statements would not be necessary from the materialityviewpoint, to the financial statements which received an unqualified opinion from an accounting auditor,and (iii) it would not accept the appointment agreement to serve as our new accounting firm if nocorrections are made, because not correcting them would cause the opening balance to be off by 1,231
million yen, which will impact its auditing and other activities in the subsequent fiscal periods.
Based on the foregoing, both accounting firms shared a view that recording the deferred tax liabilities in
the fiscal year ending March 31, 2024, is the proper accounting treatment, and we also determined it to be
the correct measure on June 19, 2024, and hereby make the corrections based on the discussion with theaccounting firms and the fact that the contract was entered into on April 18, 2024. The amount added asincome tax-deferred is planned to be deducted in the second quarter of the fiscal year ending March 31,
2025, which means that the overall results through the fiscal years ending March 31, 2024, and March 31,
2025, will remain the same.
END