September 27, 2018
NEWS RELEASE
Company:KYORIN Holdings, Inc.

Representative: Minoru Hogawa
Representative Director, President(Security Code: 4569, TSE 1st Sec.)Contact:Shuji Miyaki
Director, Corporate Communication
President OfficeTelephone:(0)3-3525-4707

Notice on Results and Completion of Acquisition of Treasury Stock through Off-Floor Trading for
Purchase of Treasury Stock (ToSTNeT-3) and Change to Major Shareholder

KYORIN Holdings, Inc. (the Company) announces that the following purchase was made with respect
to the acquisition of treasury stock announced yesterday (September 26, 2018).
The Company also announces that the said purchase completes the acquisition of treasury stock
carried out based on a resolution of the meeting of the Board of Directors held on September 26, 2018.
In addition, as a result of the acquisition of treasury stock described above, there was a change to oneof the major shareholders of the Company, which is the largest shareholder, on September 27, 2018.
Remarks
I. Results of acquisition of treasury stock
1. Reason for acquisition of treasury stock
To improve the capital efficiency and implement a flexible and agile capital policy in accordance withchanges in the business environment.
2. Terms and conditions for acquisition(1) Class of shares acquired: common shares of the Company(2) Total number of shares acquired: 16,574,000 shares(3) Acquisition price: 40,838,336,000 yen (2,464 yen per share)(4) Acquisition date: September 27, 2018
(5) Acquisition method: Purchase through off-floor trading for the purchase of treasury stock(ToSTNeT-3) at the Tokyo Stock Exchange(Reference) Details of resolution on the acquisition of treasury stock (related to the announcement madeon September 26, 2018)

(1) Class of shares to be acquired: common shares of the Company(2) Total number of shares to be acquired: 18,000,000 shares (upper limit)(Ratio of those shares to the total number of issued
shares (other than treasury stock): 24.09%)(3) Total amount of the acquisition price for the shares: 44,352,000,000 yen (upper limit)
II. Change to one of the major shareholders, which is the largest shareholder
1. Background of the change
In conjunction with the acquisition of treasury stock carried out by the Company through off-floor
trading for the purchase of treasury stock (ToSTNeT-3) described in I. above, the Company hasreceived a notice from one of the Company’s major shareholders, Teijin Limited, which is thelargest shareholder, that Teijin Limited had sold its holdings of 14,328,000 common shares of theCompany. As a result, a change has occurred to one of the major shareholders of the Company.
Details are as follows.
2. Outline of the subject shareholder(1) Name

Teijin Limited(2) Location

2-4, Nakanoshima 3-chome, Kita-ku, Osaka(3) Representative

Jun Suzuki, President and CEO, Representative Director of the Board(4) Business(5) Capital

Research, production, sales and other undertakings with regard tosynthetic fibers, chemicals, and other products
71,833 million yen (as of March 31, 2018)

3. Number of voting rights held by the relevant shareholder (number of shares owned) before the change andthe ratio to the number of voting rights of all shareholders

Before the change

Number of voting rights

Ratio to the number ofRanking(Number of sharesvoting rights of allamong largeowned)

shareholders*shareholders

19.20%

1st――

143,280 rights(as of August 31, 2018)(14,328,000 shares)

After the change―*Number of shares deducted from the total number of shares issued as shares without voting rights: 309,128
sharesTotal number of shares issued as of August 31, 2018: 74,947,628 shares

4. Future outlook
The change to a major shareholder, which is the largest shareholder, has no impact on theCompany’s business results.
End.