JMDC : (Progress of disclosure matters)Notice of Additional Acquisition of Shares in Real World Data

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

July 20, 2022

To whom it may concern

Company name: JMDC Inc.

Representative: Yosuke Matsushima, President and CEO

(TSE Prime Market, Stock Code: 4483)

Contact: Yuta Yamamoto,

Vice President and CFO (E-mail: [e-mail])

(Progress of disclosure matters)

Notice of Additional Acquisition of Shares in Real World Data

JMDC Inc. (the "Company") announces that at the meeting of its Board of Directors held on July 20, 2022, the Company resolved to make acquire additional shares of Real World Data Co., Ltd. ("Real World Data"). The details are as follows.

1. Overview of additional acquisition of shares

As announced in the "Notice of Acquisition of Shares in Real World Data (to Make It JMDC's Subsidiary)" on July 12, 2022, the Company has resolved to acquire 92.67% of the shares of Real World Data Corporation and make it a subsidiary of the Company. The Company will now acquire an

additional 7.33% of the remaining shares to make it a wholly owned subsidiary.

2. How to acquire shares

With respect to funds for this acquisition, the Company plans to use funds it has on hand and borrow

from financial institutions. Details of borrowings will be disclosed as soon as they become definite.

3. Overview of the subsidiary to be transferred

(1)	Name	Real World Data Co., Ltd.
(2)	Location	76, Nakano-cho,Marutamachi-sagaru,Ogawa-dori,Nakagyo-ku,
Kyoto-shi
(3)	Name and position of	Yasuko Oita, Representative Director
the representative
(4)	Business lines	Establishment of various databases (information on

diagnosis/treatment and school, infant, and pregnant women health

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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

		examinations, etc.)
(5)	Capital	90 million yen
(6)	Establishment	July 21, 2015
	Major shareholders and	Several individuals and two domestic corporations
	the ratio of their
(7)	The ratio of shareholding is not to be disclosed due to the intention
shareholdings
	of the parties concerned.
	(as of March 31, 2022)
		Capital		Not applicable
		relationship
	Relationship between	Human		Not applicable
	the listed company and	relationship
(8)	the company
Business		Not applicable
	concerned	relationship
	(as of March 31, 2022)
	Applicability of
		being related		Not applicable
		parties
(9)	Consolidated financial results and financial conditions of the company concerned during the
past three years
Term for the settlement of	Term ended March		Term ended March	Term ended March
accounts	2020			2021	2022
	Net assets	¥1,250 million		¥1,205 million	¥815 million
	Total assets	¥1,387 million		¥1,321 million	¥928 million
	Net assets per share	¥744,832.95		¥718,112.06	¥485,890.98
	Net sales	¥614 million		¥568 million	¥568 million
	Operating profit	¥87 million		−¥50 million	−¥337 million
	Ordinary profit	¥90 million		−¥43 million	−¥337 million
	Net profit for the current term	¥70 million		−¥44 million	−¥389 million
	Net profit per share	¥42,030.88		−¥26,445.14	−¥232,109.17
	Dividend per share	―		―	―

4. Overview of parties from which shares are acquired

The Company will acquire shares from one domestic corporation, but will not be disclosed due to

the intention of the parties concerned. There is no capital, personal, business or other relationship with the parties concerned. In addition, they are not related parties of the Company.

5. Number of shares to be acquired, acquisition price, and shares owned before and after the acquisition

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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

		Number of shares	1,556
	(1)	owned before the
	(Percentage of voting rights held: 92.67%)
		transfer
	(2)	Number of shares to be	123
	acquired	(Percentage of voting rights held: 7.33%)
	(3)	Acquisition price	The acquisition price will not be disclosed due to the intention of
	the parties concerned.
		Number of shares	1,679
	(4)	owned after the
	(Percentage of voting rights held:100.00%)
		transfer
6.	Schedule
	(1)	Resolution of the Board of Directors	July 20, 2022
	(2)	Conclusion of a share transfer agreement	July 20, 2022
	(3)	Transfer of shares		July 29, 2022 (planned)
7.	Future outlooks

The impact of the additional acquisition of shares on its consolidated financial results for the term ending March 2023 is still under examination, but the Company believes that it will contribute to enhancing the corporate value of the JMDC Group in the medium and long run. In the future, if there arises a need for appropriate disclosure, the Company will disclose relevant information swiftly.

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