YAMASHITA HEALTH CARE HOLDINGS,INC.

In summary, based on the description in Part I, the Group operates as a holding company, providing management oversight and related services to its subsidiaries. With 8 consolidated subsidiaries, its core business is the sale of medical devices. This business comprises 5 fields: general equipment, general consumables, minimally invasive treatment, specialized products, and information and services, through which it sells medical devices and provides various services to medical institutions and other customers. In medical device manufacturing and sales, the Group manufactures and sells orthopedic implants, including its proprietary intramedullary fixation system Alexanail, and develops and sells ultrasound-based medical devices. The medical mall business leases premises to and manages healthcare-related facilities such as medical clinics, dispensing pharmacies, and day-service facilities. The medical device sales business comprises the same 5 fields and includes activities in minimally invasive treatment, such as endoscopy, surgical, and cardiovascular products, as well as information and services, including MEDiPlaza. Sales to external customers are concentrated mainly in the Japanese market.