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2020-11-24 updated

With regards to acquisition of fixed assets

At the meeting today, CYBERDYNE Board of Directors has resolved to acquire fixed assets detailed below.

1 Reason of the acquisition
CYBERDYNE and its consolidated subsidiaries (the “Group”) determined to construct Cybernics A Building (tentative name) as a base to promote the creation of innovative medical industry on the land that the Group made an announcement on August 26, 2014. The building will assume the role to accelerate research and development, business development and business alliance simultaneously in order to drive the creation of “Cybernics Industry”.

2 Outline of the construction plan

3 Schedule

4 Prospects
CYBERDYNE does not regard the impact of this announcement towards the consolidated financial results of fiscal year ending March 31, 2021 to be material. However if there is anything that should be disclosed in the future in relation to the announcement, CYBERDYNE will disclose it as soon as possible.

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