Certain Common Stock of TokyoTsushin, Inc. are subject to a Lock-Up Agreement Ending on 23-MAR-2021. These Common Stock will be under lockup for 89 days starting from 24-DEC-2020 to 23-MAR-2021. Details: In connection with this offer and the sale of underwriters by accepting purchase transactions, Sellers Minoru Togawa, Yuki Furuya and Shinnosuke Murano; YS Holdings Co., Ltd., a stock lender; In addition, the shareholders, monolice Co., Ltd. and SHINOSKAL GK, have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to March 23, 2021, which is the 90th day after the listing (starting of trading) date (including the day), they will not sell common stock without the prior written consent of the lead managing underwriter. Also, shareholders Ceres Inc., Ryuichi Terayama, Sun Eight PS1 Investment Business Association and Sun Eight OK Association have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to March 23, 2021, which is the 90th day after the listing (starting of trading) date (including the day), they will not sell common stock without the prior written consent of the lead managing underwriter. In addition, the Company has agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to June 21, 2021, which is the 180th day after the listing (trading start) date (including the day) will not issue common stock, issue securities that will be converted or exchanged for common stock, or issue securities that are entitled to acquire or receive common stock without the prior written consent of the lead managing underwriter.