Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event ofany discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Press release on June 26, 2024
Takamiya Co., Ltd.
Representative Director, President and Chairman: Kazumasa Takamiya
Listed on: Tokyo Stock Exchange Prime Market
Stock code: 2445

Notice Regarding Investment in Agrist Inc.
We are pleased to announce that today we have entered into a shareholder agreement regarding
investment with Agrist Inc., an agritech venture engaged in the development, manufacturing, andsales of agricultural AI and robotic harvesters.
1. Background and Purpose of the Investment
We have established the TAKAMIYA AGRIBUSINESS PARK in Hanyu City, Saitama Prefecture.
The purpose is to promote agriculture, educate agricultural practitioners, create an environment
for starting farming with minimal risk, and accelerate the development of new agricultural
technologies utilizing AI and robotics. Our goal is for this facility to become a comprehensive
agricultural park where everything about agriculture is understood, contributing to furtheradvancements in the agricultural sector.
Agrist Inc. operates an advanced farm in Higashikushira Town, Kagoshima Prefecture, where
they are advancing the development of harvesting robots, cultivation environment data
management, and AI-driven advanced environmental control technologies. Agrist Inc.'s
initiatives align closely with our efforts at TAKAMIYA AGRIBUSINESS PARK, and throughstrategic collaboration as partners, we anticipate enhancing the speed of both businesses.
Through this partnership, we aim to contribute to the development of Japanese agriculture andexplore new possibilities.
Purpose(1) Expanding sales of our high-performance greenhouse products
The Sustagram Farm package, which we co-sell with Agrist Inc. is an automated agricultural
system package utilizing robots and AI to achieve highly reproducible and profitable farming.
This package includes our high-performance agricultural greenhouse specifications, making itsuitable for individual and corporate farmers aiming to enter agriculture or enhance theirrevenue.
(2): Expanding the reach and scope of our agribusiness operations
By leveraging Agrist Inc.'s network, we can expand our sales reach to customers that werepreviously out of our reach, such as semiconductor manufacturers and regulatory authorities
with whom we have established relationships through robot development.
(3): Promoting and increasing awareness of TAKAMIYA AGRIBUSINESS PARKTAKAMIYA AGRIBUSINESS PARK not only encourages the development of new agriculturaltechnologies but also contributes to further advancements in agriculture. By utilizing AI androbots while proposing new agricultural approaches, we expect increased interest not only fromagricultural professionals but also from the media, thereby positively impacting the promotion ofinitiatives at TAKAMIYA AGRIBUSINESS PARK.

(4): Transferring harvesting AI and robot technology to a platform base
The AI camera integrated into Agrist Inc.'s harvesting robots uses AI to determine crop size anddistance to crops, enabling harvesting with robot arms. Plans are underway to incorporate
functions for automating movement within the farm. As Agrist Inc. develops AI through its
engineers, we anticipate the application of these technologies in other areas. Developments arealso underway for AI to determine optimal environmental settings inside greenhouses based on
accumulated data. These technologies can be applied to our temporary equipment inspection
and safety checks. Strengthening our relationship with Agrist Inc. is expected to lead to joint
development of AI and robot technologies, positively impacting our platform deployment.
2. Agrist Inc.'s Corporate Profile
Company Name

Agrist Inc.

Address

Tonda-higashi 1-47-1, Shintomi-cho, Koyu-gun, Miyazaki, JAPAN 889-1412

Date of Establishment

October 24th,2019
Development of agricultural software utilizing AI

Business Activities

Development of automated harvesting robots utilizing AI
Sales of smart farming packages

3. Future Outlook
The impact of this matter on the consolidated performance for the fiscal year ending March
31, 2025 is expected to be minor. We will promptly inform you of any matters that arise andrequire public disclosure in the future.
(End)