November 18, 2016

To whom it may concern
Company name: Broadleaf Co., Ltd.
(Code No.: 3673 First Section of the Tokyo Stock Exchange)
Notice of Share Split and Partial Amendment of the Articles of Incorporation and Revision ofDividend Forecast (Substantive Increase in Dividends) Associated with the Share Split
Boradleaf Co., Ltd. (“the Company”) announces that a meeting of its Board of Directors held on November 18,
2016 resolved to conduct a share split as well as partially amend the Articles of Corporation and revise thedividend forecast (substantive increase in dividends) in association with the share split. Details are as follows.

1. Purpose of the share split
The purpose of the share split is to increase the liquidity of the Company’s shares and expand the investor
base by reducing the amount per investment unit.
2. Overview of the share split(1) Method of split
The Company will spilt its shares of common stock held by shareholders stated or recorded in theshareholder register at a rate of two shares for every one share, with December 16, 2016 as the record
date.
(2) Number of shares to increase due to the split(i) Total number of shares issued before the share split
24,474,200(ii) Number of shares to increase due to the split this time
24,474,200(iii) Total number of shares issued after the share split
48,948,400(iv) Total number of authorized shares after the share split
160,000,000* (i) through (iii) above could change due to the exercise of share subscription rights.
(3) Change of the amount of capital stock
The amount of capital stock will remain unchanged at the occasion of the share split this time.
3. Schedule of the split (plan)(1) Date of public notice of the record date(2) Record date(3) Effective date

December 1, 2016
December 16, 2016
December 17, 2016

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4. Adjustment to the exercise price of share subscription rights
Associated with the share split this time, the Company will make an adjustment to the exercise price ofshare subscription rights per share from December 17, 2016 as follows.

Name of share subscription rights

Exercise price before
adjustment

Exercise price after
adjustment

First series of share subscription rights (resolvedon March 24, 2010)

500 yen

250 yenThird series of share subscription rights (resolvedon April 30, 2014)

1,611 yen

806 yen

5. Adjustment to the total number of own shares to acquire
The Company will make an adjustment to the total number of its own shares that it is able to acquire, which
was stated in the “Notice of Decision of Matters Pertaining to the Acquisition of Own Shares” published on
October 28, 2016, and change the upper limit on the number of shares to purchase from 1,350,000 shares
to 2,700,000 shares from December 17, 2016, the effective date of the share split this time.
6. Partial amendment of the Articles of Incorporation associated with the share split(1) Partial amendment of the Articles of Incorporation associated with the share split
Associated with the share split this time, the Company will change the total number of authorized shares inArticle 6 of its Articles of Incorporation effective December 17, 2016 based on a resolution of the Board ofDirectors meeting pursuant to the provisions of Article 184, Paragraph 2 of the Companies Act.
(2) Content of the amendment of the Articles of Incorporation
Current Articles of Incorporation(Total number of authorized shares)
Article 6: The total number of authorized shares ofthe Company shall be 80,000,000.

(New establishment)(Amended parts are underlined)
After amendment(Total number of authorized shares)
Article 6: The total number of authorized shares of
the Company shall be 160,000,000.
Supplementary provision
The amendment in Article 6 shall come into force onDecember 17, 2016. This supplementary provision
shall be deleted on the effective date.

7. Dividend forecast
The Company will set the year-end dividend forecast for the fiscal year ending December 31, 2016 stated in
the “Summary of Financial Statements for the Fiscal Year Ended December 31, 2015 [Japanese GAAP](Non-consolidated)” published on February 10, 2016 as follows.
We will not make an adjustment due to the share split this time to the year-end dividend forecast for thefiscal year ending December 31, 2016 and set it at 12.50 yen. This means that the year-end dividend will
increase from 12.50 yen in the previous forecast to 25.00 yen after the revision if it is converted to the yearend dividend forecast per share before the share split, and this is substantively an increase in dividends of
12.50 yen.

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Annual dividend per shareEnd of Q2
Previous forecast(Announced on February 10,2016)

Year-end

12.50 yen(ordinary dividend)

12.50 yen

5.00 yen(ordinary dividend)(commemorative dividend)

12.50 yen

Revised forecast(Converted to dividends(ordinary dividend)-(25.00 yen

before the share split)(ordinary dividend))

Total
30.00 yen(ordinary dividend +commemorative dividend)(42.50 yen (ordinary dividend+ commemorative dividend))

12.50 yen
Results in the current(ordinary dividend)fiscal year

5.00 yen--

12.50 yen

12.50 yen

25.00 yen(ordinary dividend)(ordinary dividend)(ordinary dividend)(commemorative dividend)

Results in the previous
fiscal year
(ended December 31, 2015)

End of Message

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