News Release Dated November 30, 2023
Company: Japan System Techniques Co., Ltd.
Representative: Takeaki Hirabayashi, President and CEO
Stock code: 4323, Tokyo Stock Exchange, Prime Market
Contact: Taku Hirabayashi, Director and Officer
Tel: +81-6-4560-1000

Notice of Acquisition of K-SHIP Co., Ltd.
The Board of Directors of Japan System Techniques Co., Ltd. (JAST) approved resolutions on November 30, 2023
concerning a basic agreement with a shareholder of K-SHIP Co., Ltd. for the purchase of K-SHIP stock in orderto make this company a subsidiary.
1. Reasons for the share purchase
K-SHIP is a provider of insurance services primarily to health insurance organizations. Operations include
verifications of applications for payments for judo therapy treatments, which are mainly inspections of items listed
in invoices, and outsourced invoicing services, health insurance administrative tasks, and other activities. K-SHIP
has the largest share and provides services to 175 health insurance organizations.
The JAST Group (JAST and its consolidated subsidiaries) is a comprehensive software development organizationthat has no affiliations with other corporate groups and a highly distinctive identity. The JAST Group has a systemsolutions business that always utilizes the latest advances in technology to serve an extremely broad range ofclients in terms of industries, technological fields, equity relationships and other characteristics. The medical big
data business was 8.6% of the JAST Group’s sales in the fiscal year that ended in March 2023. The group’s businessactivities are guided by the missions of making medical data an asset with value and using ICT for the digitaltransformation of health insurance operations. The objectives are to be a one-stop source of services for healthinsurers and a provider of services for the utilization of data. One of the JAST Group’s highest priorities is thegrowth of business value in this insurance services sector by increasing the group’s market share for more growthof medical big data at the group.
JAST is purchasing K-SHIP stock for the purposes of increasing the number of transactions and the volume of big
data in the health insurance market at all group companies. In addition, JAST plans to use the combination of theJAST Group’s ICT and digital transformation expertise and K-SHIP’s business operations know-how for theprovision of services with even greater value to health insurance organizations.
2. Profile of K-SHIP(1) Company name(2) Representative(3) Location(4) Established(5) Business(6) Fiscal year end(7) Employees(8) Main location(9) Share capital(10) Shares outstanding

K-SHIP Co., Ltd.
Yuta Nakamura, President and Representative Director
1-9-20 Hattorimotomachi, Toyonaka City 561-0851
April 1, 1989
Health insurance invoice processing and verifications, verifications of applications
for payments of judo therapy treatment expenses, health management business, andother activities
March 3167
Head office
55 million yen
1,100 shares

13. Profile of the seller of K-SHIP stock(1) NameYuta Nakamura(2) Address
Toyonaka City, Osaka(3) Relationships between JAST and Yuta Nakamura There are no capital, personnel or business relationships
Note: Mr. Nakamura plans to purchase all stock of the other K-SHIP shareholders before the scheduled sale ofK-SHIP stock to JAST on the date in the following schedule section. As a result, Mr. Nakamura plans toown 1,100 shares of K-SHIP stock and to be the only seller of this stock to JAST.
4. Number of shares to be acquired, acquisition cost and status of ownership before and after acquisition(1) Share ownership before acquisition(2) Number of shares to be acquired(3) Acquisition cost(4) Share ownership after acquisition

0 shares(No. of voting rights: 0)(Ownership ratio: 0%)
1,100 shares(No. of voting rights: 1,100)
The acquisition cost is to be determined by the mutual
agreement of the buyer and seller as stated in the basic
agreement.
JAST plans to disclose the acquisition cost after thecontract to purchase this stock is signed.
1,100 shares(No. of voting rights: 1,100)(Ownership ratio: 100%)

5. Schedule(1) Resolution of the Board of Directors(2) Signing of basic agreement(3) Signing of stock acquisition agreement(4) Stock acquisition dateNovember 30, 2023
November 30, 2023
January 2024 (tentative)
JAST plans to purchase the stock immediately after thestock acquisition agreement is signed.

6. Outlook
JAST is currently examining the effect of acquiring K-SHIP and making it a consolidated subsidiary on the JAST
Group’s financial condition and results of operations. An announcement will be made promptly if JAST determinesthat there is an effect that should be disclosed.

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