This document has been translated from a part of the Japanese original for reference purposes only. In theevent of any discrepancy between this translated document and the Japanese original, the original shallprevail. The Company assumes no responsibility for this translation or for direct, indirect or any otherforms of damages arising from the translation.

Securities code: 7590
March 28, 2022
To Shareholders with Voting Rights:
Nobuo Takaoka
President & CEO
Takasho Co., Ltd.
489 Sakai, Kainan, Wakayama,JapanNOTICE OF
THE 42ND ANNUAL GENERAL MEETING OF SHAREHOLDERS
We hereby inform you that the 42nd Annual General Meeting of Shareholders (“the Meeting”) ofTakasho Co., Ltd. (the “Company”) will be held as described below.
In place of attending the Meeting, you can exercise your voting rights in writing or via the Internet, etc.
Please review the attached Reference Documents for the General Meeting of Shareholders, follow theinstructions below, and exercise your voting rights by 5:00 p.m. Japan time on Tuesday, April 12, 2022.
1. Date and Time:

Wednesday, April 13, 2022 at 11:00 a.m. Japan time(The reception desk is scheduled to open at 10:30 a.m.)

2. Place:

3F, Large Hall, Head Office of the Company
20-1, Minamiakasaka, Kainan, Wakayama, Japan

3. Meeting Agenda:
Matters to be reported:1. The Business Report and Consolidated Financial Statements for theCompany’s 42nd Fiscal Year (January 21, 2021 – January 20, 2022) andresults of audits of the Consolidated Financial Statements by theAccounting Auditor and the Audit & Supervisory Board
2. Non-consolidated Financial Statements for the Company’s 42nd Fiscal
Year (January 21, 2021 – January 20, 2022)
Proposals to be resolved:
Appropriation of Surplus
Proposal 1:Partial Amendments to the Articles of Incorporation
Proposal 2:
Election of One (1) Audit & Supervisory Board Member
Proposal 3:
4. Exercising Your Voting Rights:
Please refer to “Guide to Exercising Your Voting Rights” on page 3(available only in Japanese).

-1-Gifts for the shareholders attending the Meeting and the shuttle bus service between JR Kainan
Station and the venue of the Meeting will be cancelled.
In addition, the number of seats has been reduced to about 30 seats. Please note that you may not begranted entry even if you come to the venue.
We appreciate your understanding on the above matters.



If you are attending the Meeting in person, please submit the enclosed Voting Rights Exercise Format the reception desk.
For the purpose of conserving resources, please bring this “Convocation Notice” with you on the day.
Should the Business Report, the Consolidated Financial Statements, the Non-consolidated Financial
Statements or the Reference Documents for the General Meeting of Shareholders stated in theConvocation Notice of the Meeting require revisions, the revised versions will be posted on theCompany’s website (URL: https://takasho.co.jp/en).

-2-

Measures to Prevent the Spread of COVID-19
In order to prevent the spread of COVID-19 at the Meeting, we strongly encourage shareholders toexercise their voting rights beforehand in writing or via the Internet, etc., and to refrain from
attending the Meeting regardless of their health condition on the day.
On the day of the Meeting, we will take the following measures to prevent the spread of
COVID-19, and we ask for the understanding and cooperation of all shareholders.
Shareholders who are considering attending the Meeting are requested to attend only aftertaking measures to prevent infections to themselves and others, such as by wearing a face mask.
Shareholders who are not wearing a face mask on the day may be refused entry. In addition,
the Company’s staff will also be wearing face masks.

We will measure the body temperatures of attending shareholders, and those with a hightemperature or who seem to be unwell may be refused entry. In addition, in order to keep a
sufficient distance between seats, we have reduced the number of seats to about 30 seats. Please
note that you may not be granted entry even if you come to the venue.

The Meeting will be shorter time than in previous years, as it will be conducted smoothly andefficiently.

Gifts for shareholders attending the Meeting will be cancelled. In addition, the shuttle bus
service between JR Kainan Station and the venue of the Meeting will be cancelled.

In the event of any major change to the operation of the General Meeting of Shareholders due
to future circumstances, there will be an announcement on the Company’s website (URL:
https://takasho.co.jp/en).
[Regarding the post-meeting streaming of the Meeting]A video of the Meeting will be available online after the meeting.
You can watch it from the URL below from 3:00 p.m. Japan time on Friday, April 15, 2022.
*Available until: 3:00 p.m. Japan time, Friday, May 13, 2022
URL

https://takasho.co.jp/soukaimovie20220413-3-

Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal 1:

Appropriation of Surplus

With regard to the distribution of profits to shareholders, the Company’s basic policy is to promote greaterlinkage between the dividend amount and performance, in order to clarify its commitment to returning
profits to shareholders.
The dividend for the fiscal year under review will be ¥23 per share, and the total amount of dividends
will be ¥403,110,328, as originally planned.
In addition, the effective date of the dividend will be April 14, 2022.
Proposal 2:

Partial Amendments to the Articles of Incorporation

1. Reasons for the amendments(1) Regarding Article 2 (Purpose) of the current Articles of Incorporation, the Articles of Incorporationof the Company shall be amended as follows.
(i) Business purposes shall be added, in order to respond to the diversification of businessactivities going forward.
(ii) The information shall be organized and revised in accordance with the order in which thetypes of construction are listed in the “Appended Table to the Construction Business Act” ofthe Ministry of Land, Infrastructure, Transport and Tourism.
(2) The amended provisions stipulated in the proviso to Article 1 of the supplementary provisions of
the “Act Partially Amending the Companies Act” (Act No. 70 of 2019) will be enforced on
September 1, 2022. Accordingly, in order to prepare for the introduction of the system for theelectronic provision of documents for the general meeting of shareholders, etc., the Articles ofIncorporation of the Company shall be amended as follows.
(i) After the proposed amendments, Article 15, Paragraph 1 shall stipulate that information
contained in the reference documents for the general meeting of shareholders, etc. shall beprovided electronically.
(ii) After the proposed amendments, Article 15, Paragraph 2 shall lay down provisions to limit
the scope of matters to be included in the paper copy to be issued to shareholders who haverequested it.
(iii) The provisions related to the Internet disclosure and deemed provision of reference documents
for the general meeting of shareholders, etc. (Article 15 of the current Articles ofIncorporation) shall become unnecessary and shall therefore be deleted.
(iv) Supplementary provisions related to the effective date, etc. shall be established in line withthe above-mentioned establishment and deletion of the provisions.

-4-2. Details of the amendments
The details of the amendments are as follows.
(Amendments are underlined.)
Proposed Amendments

Current Articles of Incorporation(Purpose)
Article 2 The purpose of the Company is tooperate the following businesses:
1. Manufacturing, sales and construction oflandscaping and garden materials
2. Sales and construction of materials andproducts related to exterior design
3-17<Provisions omitted><Newly established>
18. Scaffolding and earthwork business<Newly established>
19. Sheet metal business<Newly established>
20. Electrical construction business
21. All operations incidental to each of thepreceding items(Purpose)
Article 2 The purpose of the Company is tooperate the following businesses:
1. Manufacturing and sales of landscaping
and garden materials
2. Sales of materials and products related toexterior design
3-17<Unchanged>
18. Construction business19. Scaffolding and earthwork business20. Steel structure construction business21. Sheet metal business
22. Landscaping business
23. Electrical construction business
24. All operations incidental to each of thepreceding items(Internet Disclosure of Reference Documents
for the General Meeting of Shareholders, Etc.)
Article 15 The Company may disclose
information pertaining to matters to be
described or indicated in the reference
documents for the general meeting ofshareholders, non-consolidated financial
statements, consolidated financial
statements, and business report via theInternet, in accordance with the provisionsof the Ordinance of the Ministry of Justice.

-5-<Deleted>Current Articles of Incorporation<Newly established>

Proposed Amendments(Measures for Electronic Provision, Etc.)
Article 15 The Company shall, whenconvening a general meeting ofshareholders, provide information
contained in the reference documents forthe general meeting of shareholders, etc.
electronically.
2. Among the matters to be provided
electronically, the Company may choose
not to include all or part of the matters
stipulated in the Ordinance of the Ministryof Justice in the paper copy to be issued toshareholders who have requested it by therecord date for voting rights.

<Newly established>

Supplementary provisions
1. The deletion of Article 15 (InternetDisclosure of Reference Documents for theGeneral Meeting of Shareholders, Etc.) ofthe Articles of Incorporation before theamendments and the establishment ofArticle 15 (Measures for ElectronicProvision, Etc.) of the Articles ofIncorporation after the amendments shallcome into effect on the date of enforcementof the amended provisions stipulated in theproviso to Article 1 of the supplementaryprovisions of the Act Partially Amendingthe Companies Act (Act No. 70 of 2019),
which is September 1, 2022 (the “EffectiveDate”).
2. Notwithstanding the provisions of thepreceding paragraph, Article 15 of theArticles of Incorporation before theamendments shall remain in force withrespect to a general meeting ofshareholders to be held on a date within six
months from the Effective Date.
3. These supplementary provisions shall bedeleted after six months from the Effective
Date or after three months from the date of
the general meeting of shareholders set
forth in the preceding paragraph,
whichever is later.

-6-Proposal 3: Election of One (1) Audit & Supervisory Board Member
Audit & Supervisory Board Member Noboru Hiramatsu will resign at the conclusion of the Meeting.
Accordingly, the Company proposes the election of one (1) Audit & Supervisory Board Member. As Mr.
Masaya Inoue will be elected as a substitute for Mr. Noboru Hiramatsu, his term of office will last until theexpiry of the term of office of the retiring Audit & Supervisory Board Member, pursuant to the provisionsof the Company’s Articles of Incorporation.
The Company has obtained the consent of the Audit & Supervisory Board with respect to this proposal.
The candidate for Audit & Supervisory Board Member is as follows:
Name(Date of birth)
Masaya Inoue(December 7, 1966)(Note)

Career summary, positions
and significant concurrent positions
April 1990
March 2020

Number ofshares of theCompany held

Joined The Sumitomo Bank, Ltd.
Joined the Company
Manager, Corporate Management Headquarters(current position)

There are no special interests between the candidate for Audit & Supervisory Board Member and theCompany.

-7-–