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

Press release on March 25, 2024
Takamiya Co., Ltd.
Representative Director, President and Chairman: Kazumasa Takamiya
Listed on: Tokyo Stock Exchange Prime Market
Stock code: 2445

Notice Regarding Land Acquisition for Takamiya Lab. East Construction
We would like to inform you that our company has acquired a plot of land measuring 55,766.87
square meters in Block B of the Fujioka Interchange West Industrial Park, located in Shinozuka,Fujioka City, Gunma Prefecture, today. Additionally, following Takamiya Lab. West in the Kansai region,
we will establish "Takamiya Lab. East" at the acquired site. Takamiya Lab. West, our platform's flagshipfacility, is operated to allow customers to fully experience the allure of our platform. This facility
implements mechanisms for the fastest possible handling of temporary equipment and quality
management of customer assets through fixed-point cameras, as well as conducts exploration ofsafety and efficiency through image analysis and data analytics. Takamiya Lab. East will be ourcompany's first facility to feature multiple functions, including "Base," "Logistics Warehouse,""Manufacturing," and "Safety Training." Through this complex facility, we aim to expand the customer
service offerings of the Takamiya platform, increase our presence in the industry, and strengthen thefoundation of our platform business.

1. The reason for acquisition
The increasing number of users of our platform business service, OPE-MANE, has made itchallenging to maintain an adequate supply system at our existing Base. Particularly in the Kantoregion, there is high demand for our services, and we anticipate this demand will continue togrow in the future. In order to further improve convenience and service quality, we have decided
to establish a new base.
We will also establish an efficient product distribution network in the Kanto region. With theaim of comprehensive service improvement, including shortened delivery times and reduced
transportation costs, we will open a factory with an integrated logistics warehouse.
(a) Improvement of Convenience for OPE-MANEThe new facility to be constructed on the acquired land will consolidate the inspection andmaintenance of temporary equipment, which was previously conducted at various surrounding
Bases. It will serve as a central equipment supply hub and hub function for the Kanto region'svarious Bases. On the other hand, the surrounding Bases will focus primarily on supplying
equipment to customers and will establish a system to accommodate the increasing number of
OPE-MANE users and improve service convenience.
Furthermore, in the maintenance operations of temporary equipment, we will actively conductresearch on AI, IoT, and automation to strive for energy efficiency, labor-saving, and personnelreduction.

(b) Factory with Integrated Logistics Warehouse
We will establish a factory that will serve as the final process in the production process,focusing on our core product, the Iq System. This will also be our company's first factory to havean attached product warehouse. By coordinating with our main factory, Gunma Factory locatedin Kiryu City, Gunma Prefecture, we aim to build an efficient product distribution network in theKanto region. Through comprehensive service improvement measures such as shortening
delivery times and reducing transportation costs, we will work towards improving productivity
and profitability.
(c) The synergistic effect of "manufacturing," "management," and "logistics" integration
By integrating the functions of "manufacturing," "management," and "logistics" within thepremises, we will establish a system to maintain high quality in the delivery and maintenance,inspection, and repair processes of temporary equipment owned by OPE-MANE users. This
setup will also enable swift supply to each Base in the Kanto region, maximizing convenience forOPE-MANE users.
Additionally, it will serve as a key relay point for temporary equipment logistics from the Kanto
region to the Hokuriku-Shinetsu region.
(d) Complex Safety Experience Training Facility
At Takamiya Lab. East, we will conduct "Safety and Health Sensory Education" for various
industries, including but not limited to the scaffolding and construction sectors, as well asmanufacturing. Safety training in the construction and scaffolding industries primarily focuses on
sensory education and practical exercises for hazards such as falls from heights, falling and flying
objects. In addition to these, as a "Complex Safety Experience Training Facility," we plan to offer
unique safety sensory education specific to facilities with manufacturing capabilities, such as
simulations of hazards like rotating body entanglements and pinching hazards. Our goal is toestablish a facility that promotes safety beyond industry boundaries.
2. Details of Land Acquisition(a) Name: Fujioka Interchange West Industrial Park(b) Location: Shinozuka, Fujioka City, Gunma Prefecture(c) Site Area: 55,766.87 square meters(d) Land Use Zoning: Industrial Use Area(e) Acquisition Cost: 1,282 million yen(f) Scheduled Opening Date: April 2025
3. The impact of land acquisition on this fiscal year's performance
The impact of this matter on our consolidated financial results for the Fiscal Year Ending March
31, 2024, is expected to be minor. Should there be any material information that arises in thefuture, we will promptly disclose it.
(End)