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

Securities Code 7609
March 8, 2023
To our shareholders
Shinsuke Tsuchiya
President and COO
Daitron Co., Ltd.
6-11, Miyahara 4-chome, Yodogawa-ku, Osaka

Notice of the 71st Annual General Meeting of Shareholders
We are pleased to announce the 71st Annual General Meeting of Shareholders of Daitron Co., Ltd. (the “Company”),
which will be held as indicated below.
Regarding this Annual General Meeting of Shareholders, information to be referenced in the meeting (matters to beprovided electronically) are to be provided electronically as well as posted across the websites below. We ask thatyou please take the time to confirm the documents by accessing one of the listed websites below.
[Official Company Website]
https://www.daitron.co.jp/ir/meeting.html (in Japanese only)[Website of General Meeting of Shareholders Materials]
https://d.sokai.jp/7609/teiji/ (in Japanese only)[Tokyo Stock Exchange Website (TSE Listed Company Information Service)]https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese only)(Please access the above TSE website, enter “Daitron” in the “Issue (Company Name)” field or our securities code
“7609” in the “Code” field, select “Basic Information” and “Documents for Public Inspection/PR Information” inthat order, and then access the “Notice of Shareholders’ Meeting/Shareholders’ Meeting Materials” under“Documents for Public Inspection.”)To prevent the spread of the novel coronavirus disease (COVID-19), we recommend that you refrain fromcoming to this General Meeting of Shareholders, and that you exercise your voting rights in advance in writing(by postal mail) or via the internet, etc., as much as possible.
If you exercise your voting rights in advance in writing (by postal mail) or via the internet, etc., please review
the attached Reference Documents for the General Meeting of Shareholders and exercise your voting rights
in accordance with the instruction described below no later than the closing time of our daily business hours(5:30 p.m.) on Wednesday, March 29, 2023 (JST).
Furthermore, the Company will not provide souvenir gifts on the day and has decided to cancel theshareholders reception. We would appreciate your understanding.
1. Date and Time: Thursday, March 30, 2023, at 10:00 a.m. (Reception desk will open at 9:00 a.m.) (JST)
2. Venue:

The Company’s 6th floor Large Conference Room
6-11, Miyahara 4-chome, Yodogawa-ku, Osaka-1-

3. Purpose of the Meeting
Matters to be reported:
1. 71st fiscal year (January 1, 2022, through December 31, 2022)
Report on Business Report and Consolidated Financial Statements, as well as the audit results ofConsolidated Financial Statements by the financial auditor and the Board of Corporate Auditors
2. 71st fiscal year (January 1, 2022, through December 31, 2022)
Report on Non-consolidated Financial Statements
Matters to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Seven Directors
Proposal No. 3:
Election of Three Corporate Auditors
Proposal No. 4:
Election of Two Substitute Corporate Auditors
1. If you attend the meeting in person, please submit the voting form included along with this notice to the reception desk.
2. In the event of any modification to the electronic documents provided, a notice will be posted on each of the above listed websites,
as well as records of modified and unmodified versions of the documents.
3. Of the matters to be provided electronically, the following matters are not stated in the documents delivered to shareholders whorequest delivery of documents based on laws and regulations and the provisions of Article 19, Paragraph 2 of the Articles ofIncorporation (please note that, for this Annual General Meeting of Shareholders, documents will also be delivered to those who do
not request them).
Subsequently, the documents delivered to shareholders who request the delivery of physical documents are included as a part of the
documents audited by the Corporate Auditors when preparing the audit report.
・ “Basic Policy on Control of Company” in the Business Report・ “Consolidated Statement of Changes in Equity” in Consolidated Financial Statements
・ “Notes on Consolidated Financial Statements” in Consolidated Financial Statements
・ “Non-consolidated Statement of Changes in Equity” in Non-consolidated Financial Statements
・ “Notes on Non-consolidated Financial Statements” in Non-consolidated Financial Statements
4. Measures to prevent the spread of COVID-19(1) Requests to shareholders
・ We recommend that you refrain from coming to this General Meeting of Shareholders, and that you exercise your voting rights
in advance in writing (by postal mail) or via the internet, etc., as much as possible.
・ Due to the circumstances described above, the Company will not provide souvenir gifts to the attending shareholders and has
decided to cancel the shareholders reception that takes place after the General Meeting of Shareholders. We would appreciate
your understanding.
(2) For shareholders who are considering attending the meeting・ We ask the shareholders who are considering attending this General Meeting of Shareholders to check the status of infections
and make sure they feel well on the day of the General Meeting of Shareholders, and to take precautions to prevent infection
including wearing a mask at the venue.
・ As precautions to prevent infection, all the attending shareholders will be required to have their temperature measured and havetheir hands disinfected at the reception desk and wear a mask at the venue. Shareholders who have symptoms such as a fever of
37.5 degrees Celsius or above or a cough may be refused entry to the venue of this General Meeting of Shareholders.
(3) The Company’s precautions
・ The Company’s officers and staff will be wearing a mask at the venue.

-2-

Reference Documents for the General Meeting of Shareholders
Proposals and reference information
Proposal No. 1:

Appropriation of Surplus

The Company has given consideration to matters including the business performance of the fiscal year and futurebusiness development, and it proposes to appropriate surplus for the 71st fiscal year as follows:
Year-end dividends(1) Type of dividend property
To be paid in cash.
(2) Allotment of dividend property and their aggregate amount¥70 per common share of the Company.
Total payment: ¥777,038,640.
As the Company has already paid an interim dividend of ¥45 per share, the annual dividend for the fiscal
year will be ¥115 per share.
(3) Effective date of dividends of surplus
March 31, 2023

-3-

Proposal No. 2:

Election of Seven Directors

At the conclusion of this Annual General Meeting of Shareholders, the terms of office of all Directors (sixDirectors) will reach their conclusions. Therefore, the Company proposes to increase the number of Directors by
one and to elect seven Directors in order to strengthen the system of management.
The nominees for the Directors are as follows
CandidateNo.

1

Number of the
Career summary, position, and responsibility within the
Company’s sharesCompanyowned(Significant concurrent positions outside the Company)
Apr. 1978
Joined the Company
Jan. 2000
General Manager of International Electronics
Sales Dept., International Operation
Mar. 2001
DirectorJan. 2002
General Manager, International Operation
Apr. 2003
Senior Corporate Officer
Dec. 2004
Vice General Manager of Electronics Operation
Head of Business Strategy Office
Apr. 2007
Deputy General Manager of Marketing & Sales
Division
Isayuki Mae
Jan. 2009
General Manager of Group Business Strategy(August 1, 1953)
Division
112,700
General Manager of Business Planning Dept.
Reassignment
Apr. 2009Managing Director
Mar. 2011
Appointed to President & CEO
Mar. 2013
President and Corporate Officer
Chief Operating Officer
Jan. 2017
President, M&S Company
Mar. 2021
Chairman and Representative Director (topresent)
Apr. 2021
Chief Executive Officer (to present)(Significant concurrent positions outside the Company)
Director, Chairman, Daitron Inc.
[Reasons for nomination as candidate for Director]
Over the years, Isayuki Mae has led discussions concerning the realization of Group-wide growth strategies, as well as
significant changes for the transformation of the Daitron Group. Since he has extensive experience, track record, andknowledge as a manager, the Company believes that he is competent to continue to lead the acceleration of businessexpansion within the Daitron Group and the realization of our goals, and nominates him as a candidate for a Director.
Name(Date of birth)-4-

CandidateNo.

2

Number of the
Career summary, position, and responsibility within the
Company’s sharesCompanyowned(Significant concurrent positions outside the Company)
Apr. 1984
Joined the Company
Apr. 2006
President, Daitron Inc.
Mar. 2013
Corporate Officer
Deputy General Manager of Marketing & Sales
Division
General Manager of Overseas Business
Development Dept.
Jan. 2014
General Manager of Machinery Operation
Head of Machinery Business Promotion Office
Shinsuke Tsuchiya(August 27, 1961)
Mar. 2015
General Manager of Overseas Business
20,839Operation, Marketing & Sales Division
ReassignmentJan. 2017
General Manager of Overseas Business
Operation, M&S Company
Jan. 2018
General Manager of Overseas Business
Advancement Division
Mar. 2019
Director
Apr. 2019
Senior Corporate Officer
Mar. 2021
President and COO (to present)
Apr. 2021
President and Corporate Officer (to present)
Chief Operating Officer (to present)[Reasons for nomination as candidate for Director]
Shinsuke Tsuchiya has spearheaded our global business strategies over the course of many years. Since he has extensive
experience, track record, and knowledge into the many changes in the management environment, the Company believes
that he is competent to continue to lead the acceleration of business expansion within the Daitron Group and therealization of our goals, and nominates him as a candidate for a Director.
Name(Date of birth)

Apr. 1983
Dec. 2003
July 2009
Apr. 2011
Mar. 2013
Hajimu Mouri(September 9, 1960)
Mar. 2015
Reassignment
3

Jan. 2017
Jan. 2019

Joined the Company
General Manager of System Administration
Dept.
Head of Audit Office
General Manager of Finance Dept., Business
Administration DivisionCorporate Officer
Deputy General Manager of Business
Administration Division
Senior Corporate Officer
General Manager of Business Administration
Division (to present)
Corporate Officer
General Manager of Personnel and General
Affairs Dept., Business Administration Division
Director (to present)
Senior Corporate Officer
Senior Managing Executive Officer (to present)

25,400Mar. 2019
Apr. 2019
Apr. 2021[Reasons for nomination as candidate for Director]
Over the years, Hajimu Mouri has been in charge of the administrative department and has provided precise internalguidance to optimize and strengthen corporate governance. Since he has extensive experience, track record, andknowledge, the Company believes that he is competent to continue to enhance the corporate value of the Daitron Groupin response to the need for a higher level of corporate governance due to changes in the external environment andnominates him as a candidate for a Director.

-5-Candidate
No.

4

5

Number of the
Career summary, position, and responsibility within the
Company’s sharesCompanyowned(Significant concurrent positions outside the Company)
Nov. 1973
Joined Tohmatsu Awoki & Co. (currently
Deloitte Touche Tohmatsu LLC)
Sep. 1977
Registered as a certified public accountant (topresent)
July 1991
President and Representative Director of
Yasutoshi Kimura
Tohmatsu Consulting Co., Ltd. (Currently(April 3, 1949)
ABeam Consulting Ltd.)[Candidate for Outside Director]
July 1995
Senior Partner of Tohmatsu & Co. (currently
6,000
Deloitte Touche Tohmatsu LLC)
Reassignment
Sep. 1999
Established KIMURA Certified Public
OutsideAccountants., Director (to present)
IndependentMar. 2000
Outside Corporate Auditor of the Company
Mar. 2007
Outside Director of the Company (to present)(Significant concurrent positions outside the Company)
Director of KIMURA Certified Public Accountants., Director
Outside Director (Member of the Audit Committee), sinops Inc.
[Reasons for nomination as candidate for Outside Director and summary of expected roles]
Since Yasutoshi Kimura has extensive experience and highly professional knowledge as a certified public accountant,
the Company expects that he will be able to continue to provide beneficial opinions and advice about the managementof the Daitron Group and nominates him as a candidate for an Outside Director. If he is appointed, the Company plans
to involve him as a member of the Nomination and Compensation Committee to provide an objective and neutral
standpoint in the selection of the Company’s director candidates and in the determination of director compensationand other matters.
Apr. 1985
Registered as attorney-at-law (to present)
Mar.
1989
Established
Toru Wada Law Firm, Director
Toru Wada
Feb. 2003
Established and co-chaired Phoenix Law(March 23, 1955)
Offices (to present)[Candidate for Outside Director]
Mar. 2003
Outside Corporate Auditor of the Company
1,000
ReassignmentMar. 2017
Outside Director of the Company (to present)
Outside(Significant concurrent positions outside the Company)
Independent
Co-chaired Phoenix Law Offices
External Auditor, OUG Holdings, Inc.
[Reasons for nomination as candidate for Outside Director and summary of expected roles]
Since Toru Wada has extensive experience and highly professional knowledge as an attorney-at-law, the Company
expects that he will be able to continue to provide beneficial opinions and advice about the management of the DaitronGroup and nominates him as a candidate for an Outside Director. Mr. Wada has never in the past been involved in the
management of a company except as an outside officer. However, the Company judges he will appropriately fulfill
duties as an Outside Director based on the above reasons. If he is appointed, the Company plans to involve him as amember of the Nomination and Compensation Committee to provide an objective and neutral standpoint in the selectionof the Company’s director candidates and in the determination of director compensation and other matters.
Name(Date of birth)-6-

Candidate
No.

6

Number of the
Career summary, position, and responsibility within the
Company’s sharesCompanyowned(Significant concurrent positions outside the Company)
Apr. 1981
Joined Sharp Corporation
Jan. 2002
General Manager of System LCD Division,
Mobile LCD Business Dept.
May 2005
General Manager of Mobile LCD BusinessAkihiko Imaya
Dept.
(June 18, 1958)
Sep. 2008
General Manager of Mobile Business[Candidate for Outside Director]
Development Dept.
–
Apr. 2009
General Manager of Personal Solution Business
Reassignment
Development Dept.
OutsideApr. 2013
Executive Officer
IndependentOct. 2016
General Manager of Structural Reform Dept.,
Display Device Company
Feb. 2018
Vice President, Display Device Company
Mar. 2021
Outside Director of the Company (to present)[Reasons for nomination as candidate for Outside Director and summary of expected roles]
Since Akihiko Imaya has a wide range of knowledge based on his extensive experience as a manager of the other global
operating company, the Company expects he will be able to continue to provide beneficial opinions and advice about
the management of the Daitron Group and nominates him as a candidate for an Outside Director.
Name(Date of birth)

Apr. 1979
Mar. 2005
Dec. 2006
Feb. 20117

Notes:

Joined Hioki E.E. Corporation
Executive Officer, Director of ATE Dept.
Executive Officer, Director of R&D Dept.
Director, Executive Officer, Director of R&D
Kazutoshi Hosoya
Dept.
(January 1, 1955)[Candidate for Outside Director] Jan. 2013
Director, Managing Director Executive Officer,–
Director of R&D Dept.
Newly appointed
May 2013
Director, Managing Director Executive Officer,
OutsideDirector of R&D Dept. and Head of Corporate
Independent
Planning OfficeJan. 2017
Appointed to President
Jan. 2021
Director
Feb. 2021
Special Advisor to the Company (to present)[Reasons for nomination as candidate for Outside Director and summary of expected roles]
Since Kazutoshi Hosoya have served for many years as a manager of a global manufacturer in a business field similar toours, the Company expects that he will be able to accurately assess the management environment of the Daitron Groupand industry trends and provide beneficial opinions and advice based on his highly professional knowledge inmanufacturing, and nominates him as a candidate for an Outside Director.
1. There is no special interest between any of the candidates for Director and the Company.
2. Yasutoshi Kimura, Toru Wada, Akihiko Imaya, and Kazutoshi Hosoya are the candidates for Outside Director position.
Furthermore, the Company has submitted a “Notification of Independent Officers” to the Tokyo Stock Exchange, Inc.
designating Yasuhisa Kimura, Toru Wada, and Akihiko Imaya as independent officers, and will continue to designate themas independent officers if their reappointment is approved and passed. Furthermore, Kazutoshi Hosoya satisfies therequirements for an independent officer as provided for by the Tokyo Stock Exchange, Inc., and if he assumes the officeof independent officer, the Company plans to submit notification to the aforementioned exchange concerning his
designation as an independent officer.
3. Yasutoshi Kimura, Toru Wada, and Akihiko Imaya are currently Outside Directors of the Company, and their terms ofoffice will total 16 years, 6 years, and 2 years, respectively at the conclusion of this Annual General Meeting of
Shareholders. Yasutoshi Kimura and Toru Wada have previously served as Outside Corporate Auditors of the Company.
4. Yasutoshi Kimura is an Outside Director (member of the Audit Committee) of sinops Inc., however sinops Inc. is not a
specified related party of the Company.
5. Toru Wada is an External Auditor of OUG Holdings, Inc., however, OUG Holding, Inc. is not a specified related party of
the Company.
6. The Company has entered into a contract with Yasutoshi Kimura, Toru Wada, and Akihiko Imaya to limit their liability
for damages under Article 423, Paragraph (1) of the Companies Act, pursuant to Article 427, Paragraph (1) of the said Act.
The maximum amount of liability for damages under such a contract is the amount stipulated in laws and regulations, andif the reappointment of the three directors is approved and passed, the Company plans to continue such a contract with the-7-three appointed members. If the election of Kazutoshi Hosoya is approved, the Company plans to enter into a similar
liability limitation agreement with him.
7. In accordance with provisions of Article 430-3, Paragraph (1) of the Companies Act, the Company has entered into a
directors and officers liability insurance policy with an insurance company. The insureds in the insurance policy do notbear any of the premiums. The insurance policy covers legal damages that may arise due to the insured assuming
responsibilities for the execution of duties as a corporate officer or being subjected to a claim for damages related to thesaid liability. However, in order not to impair the appropriateness of duty execution by the insured, the policy does notcover damages arising from performance of an illegal act with full knowledge of its illegality. If each candidate is elected
and assumes the office of Director, he/she will be included as an insured in the insurance policy. Also, we plan to upholdthese terms at the time of the next update.

-8-

Proposal No. 3:

Election of Three Corporate Auditors

At the conclusion of this Annual General Meeting of Shareholders, the terms of office of all Corporate Auditors(three auditors) will reach their conclusions. Therefore, the Company proposes the election of three new Corporate
Auditors.
In addition, the consent of the Board of Corporate Auditors has been obtained for this proposal.
The nominees for Corporate Auditor are as follows.
Candidate
No.

Name(Date of birth)

Career summary, and position in the Company(Significant concurrent positions outside the Company)

Number of theCompany’s shares
owned

Apr. 1981
Dec. 2004
Apr. 2007
Jan. 2009
Apr. 2012

1

Joined the Company
General Manager of Accounting Dept.
Head of Audit Office
Assigned to Daitron Inc. (U.S.A.)
General Manager of Business Administration
Dept., Marketing & Sales Division
Minoru Ujihara
Jan. 2013
General Manager of Business Management(December 7, 1958)
3,200
Dept., Business Administration Division
Mar. 2014
Administration Officer
Reassignment
July 2014
General Manager of Management System
Dept., Business Administration Division
Mar. 2015
Deputy General Manager of Business
Administration Division
Mar. 2019
Standing Corporate Auditor of the Company (topresent)[Reasons for nomination as candidate for Corporate Auditor]
Minoru Ujihara is well versed in the company’s business practices and has a wealth of experience, track record, andknowledge from his wide range of work experience in the accounting department at the head office, businessadministration department, systems department, overseas offices, and the audit department. The Company believes that
he is competent to conduct effective audits of increasingly sophisticated and complex internal operations and nominates
him as a candidate for a Corporate Auditor.
Oct. 2000

2

Registered as attorney-at-law (to present)
Joined Takahiko Inoue Law Office
Noriko Kitajima
Feb. 2003
Joined Phoenix Law Offices(October 25, 1974)
Jan. 2012
Co-Chairman of the same law firm (to present)[Candidate for Outside
Mar. 2017
Outside Corporate Auditor of the Company (toCorporate Auditor]–
present)(Significant concurrent positions outside the Company)
Reassignment
Co-chaired Phoenix Law Offices
OutsideOutside Director (Member of the Audit Committee), SANKYO
Independent
KASEI CORPORATION
Outside Corporate Auditor, Daiei Kankyo Co., Ltd.
[Reasons for nomination as candidate for Outside Corporate Auditor]
Since Noriko Kitajima has extensive experience and highly professional knowledge as an attorney-at-law, the Company
believes that she will be able to continue to provide beneficial opinions and advice about the audit of the Daitron Groupand nominates her as a candidate for an Outside Corporate Auditor. Noriko Kitajima has never in the past been involvedin the management of a company except as an outside officer. However, the Company judges she will appropriately
fulfill duties as an Outside Corporate Auditor based on the above reasons.

-9-Candidate
No.

Name
(Date of birth)

Career summary, and position in the Company(Significant concurrent positions outside the Company)
Oct. 1987

3

Notes:

1.
2.

3.
4.

5.

6.

Number of theCompany’s shares
ownedJoined Tohmatsu Awoki & Sanwa (currently
Deloitte Touche Tohmatsu LLC)
Aug. 1991
Registered as a certified public accountant (topresent)
Satoshi Nakayama
June 2007
Partner of Deloitte Touche Tohmatsu (currently(September 2, 1962)
Deloitte Touche Tohmatsu LLC)
[Candidate for Outside
July 2020
Established Satoshi Nakayama Certified Public
Corporate Auditor]–
Accountant Office, Director (to present)
Newly appointed
Established Kyorisshi Audit Corporation,
OutsideSenior Partner (to present)
Independent(Significant concurrent positions outside the Company)
Director of Satoshi Nakayama Certified Public Accountant
OfficeSenior Partner of Kyorisshi Audit Corporation[Reasons for nomination as candidate for Outside Corporate Auditor]
Since Satoshi Nakayama has extensive experience and highly professional knowledge as a certified public accountant,
the Company believes that he will be able to provide beneficial opinions and advice about the audit of the DaitronGroup and nominates him as a candidate for an Outside Corporate Auditor. Satoshi Nakayama has never in the past
been involved in the management of a company except as an outside officer. However, the Company judges he willappropriately fulfill duties as an Outside Corporate Auditor based on the above reasons.
There is no special interest between any of the candidates for Corporate Auditor and the Company.
Noriko Kitajima and Satoshi Nakayama are both candidates for Outside Corporate Auditor. The Company has submitted
a “Notification of Independent Officers” to the Tokyo Stock Exchange, Inc. designating Noriko Kitajima as anindependent officer, and will continue to designate her as an independent officer if her reappointment is approved.
Furthermore, Satoshi Nakayama also satisfies the requirements for an independent officer as provided for by the Tokyo
Stock Exchange, Inc., and if he assumes the office of independent officer, the Company plans to submit notification to theaforementioned exchange concerning his designation as an independent officer.
Noriko Kitajima is currently an Outside Corporate Auditor of the Company, and her term as a Corporate Auditor will be
six years at the conclusion of this Annual General Meeting of Shareholders.
Noriko Kitajima is an Outside Director (member of the Audit Committee) of SANKYO KASEI CORPORATION and an
Outside Corporate Auditor of Daiei Kankyo Co., Ltd. Any of these companies are not a specified related party of theCompany.
The Company has entered into a contract with Noriko Kitajima to limit her liability for damages under Article 423,
Paragraph (1) of the Companies Act, pursuant to Article 427, Paragraph (1) of the said Act. The maximum amount ofliability for damages under the said contract is the amount stipulated in laws and regulations, and if her reappointment isapproved, the Company plans to continue the said contract with her. If the election of Satoshi Nakayama is approved, theCompany plans to enter into a similar liability limitation agreement with him.
In accordance with provisions of Article 430-3, Paragraph (1) of the Companies Act, the Company has entered into a
directors and officers liability insurance policy with an insurance company. The insureds in the insurance policy do notbear any of the premiums. The insurance policy covers legal damages that may arise due to the insured assuming
responsibilities for the execution of duties as a corporate officer or being subjected to a claim for damages related to thesaid liability. However, in order not to impair the appropriateness of duty execution by the insured, the policy does notcover damages arising from performance of an illegal act with full knowledge of its illegality. If each candidate is elected
and assumes the office of Auditor, he/she will be included as an insured in the insurance policy. Also, we plan to upholdthese terms at the time of the next update.

- 10 -

Proposal No. 4:

Election of Two Substitute Corporate Auditors

The Company proposes the election of two substitute Corporate Auditors to be ready to fill a vacant position should
the number of Corporate Auditors fall below the number required by laws and regulations.
The candidates for substitute Corporate Auditors are as follows: Hideki Sakai is a candidate for substituteCorporate Auditor for Minoru Ujihara, who will assume the office of Corporate Auditor if the third proposal“Election of Three Corporate Auditors” is approved, Shunsaku Yagi is a candidate for substitute Outside Corporate
Auditor for Noriko Kitajima and Satoshi Nakayama, who will serve as an Outside Auditor if the same proposal isapproved.
The election of substitute Corporate Auditor will be valid until the time of the commencement of the next annual
general meeting of shareholders. However, the validity of the election can be nullified by resolution of the Boardof Directors if the consent of the Board of Corporate Auditors has been obtained; provided, however, that thisapplies only in the time before assuming office as Corporate Auditor.
In addition, the consent of the Board of Corporate Auditors has been obtained for this proposal.
Candidate
No.

Name(Date of birth)

Career summary, and position in the Company(Significant concurrent positions outside the Company)

Apr. 1990
Joined the Company
Hideki Sakai
6,100(July 19, 1967)
May 2022
Head of Audit Office (to present)[Reasons for nomination as candidate for substitute Corporate Auditor]
Since Hideki Sakai has been engaged in internal audit work for many years and has extensive business experience, agood track record and knowledge, the Company believes that he is competent to perform an audit appropriately andnominates him as a candidate for a substitute Corporate Auditor.

1

Oct. 1971

2

Notes:

Number of theCompany’s shares
owned

1.
2.
3.

4.

Registered as a certified tax accountant (topresent)
Oct. 1972
Joined Tohmatsu Awoki & Co. (currently
Deloitte Touche Tohmatsu LLC)
Shunsaku Yagi
Sep. 1978
Registered as a certified public accountant (to(March 8, 1945)
present)[Candidate for substitute Outside
Aug. 1983
Established Certified Public Accountant Tax–
Corporate Auditor]
Accountant, Shunsaku Yagi & Associates, Inc.,
Director (to present)
OutsideMar. 2007
Outside Corporate Auditor of the Company (toIndependent
present)(Significant concurrent positions outside the Company)
Certified Public Accountant Tax Accountant, Shunsaku Yagi &Associates, Inc., Director[Reasons for nomination as candidate for substitute Outside Corporate Auditor]
Since Shunsaku Yagi has extensive experience and highly professional knowledge as a certified public accountant, theCompany believes that he will be able to provide beneficial opinions and advice about the audit of the Daitron Groupand nominates him as a candidate for a substitute Outside Corporate Auditor. Shunsaku Yagi has never in the past been
involved in the management of a company except as an outside officer. However, the Company judges he willappropriately fulfill duties as an Outside Corporate Auditor based on the above reasons. Currently operating as an
Outside Corporate Auditor of the Company, his term of office will total 16 years at the conclusion of this Annual
General Meeting of Shareholders. As of the conclusion of this Annual General Meeting of Shareholders, he will beretiring from his position as an Outside Corporate Auditor due to the expiration of his term of office.
There is no special interest between any of the candidates for substitute Corporate Auditor and the Company.
Shunsaku Yagi is a candidate for substitute Outside Corporate Auditor.
If Hideki Sakai and Shunsaku Yagi assume the office of Corporate Auditor, the Company plans to enter into an agreementwith them pursuant to the provisions of Article 427, Paragraph (1) of the Companies Act to limit their liability for damages
under Article 423, Paragraph (1) of the same Act. The maximum amount of liability for damages under this agreement is
the amount provided for under laws and regulations.
In accordance with provisions of Article 430-3, Paragraph (1) of the Companies Act, the Company has entered into a
directors and officers liability insurance policy with an insurance company. The insureds in the insurance policy do notbear any of the premiums. The insurance policy covers legal damages that may arise due to the insured assuming- 11 -

responsibilities for the execution of duties as a corporate officer or being subjected to a claim for damages related to thesaid liability. However, in order not to impair the appropriateness of duty execution by the insured, the policy does notcover damages arising from performance of an illegal act with full knowledge of its illegality. If Hideki Sakai andShunsaku Yagi assume the office of Corporate Auditor, both of them will be included as insureds in the insurance policy.
5. The Company has submitted a “Notification of Independent Officers” to the Tokyo Stock Exchange, Inc. designating
Shunsaku Yagi as an independent officer. Upon his appointment as an Outside Corporate Auditor, the Company plans toregister him again as an independent officer with the exchange.

- 12 -

[Reference]

Skill Matrix for Each Director After the Conclusion of the General Meeting

If the second proposal “Election of Seven Directors” is approved as is, the specialization and experience of each
Director will be as follows.
Human
Name/Item

Business

Finance andOverseas

Legal and Risk Resources andResearch andmanagement

Accounting

Business

Management

Development

Personnel

Sales

Development
Isayuki Mae

●

●

●

Shinsuke Tsuchiya

●

●

●

●

Hajimu Mouri
Yasutoshi Kimura

●

●

●

●
●

Toru Wada
Akihiko Imaya●●

Kazutoshi Hosoya●●- 13 -