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: 1980
June 6, 2018
To our shareholders:
Ichiro Fujisawa
President and Director
DAI-DAN CO., LTD.
1-9-25 Edobori, Nishi-ku, Osaka-city

NOTICE OF THE 89TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
You are cordially invited to attend the 89th Ordinary General Meeting of Shareholders of DAI-DAN CO., LTD.
(the “Company”), which will be held as described below.
If you are unable to attend the meeting in person, you may exercise your voting rights by postal mail. Pleaseindicate your approval or disapproval of the proposals on the enclosed voting form after reviewing the attached
Reference Documents for the General Meeting of Shareholders, and return it by postal mail to reach us no later
than 6:00 p.m., Wednesday, June 27, 2018 (Japan Standard Time).
1. Date and Time: Thursday, June 28, 2018 at 10:00 a.m. (Japan Standard Time)
2. Place:
8F Ballroom “Naniwa,” Swissotel Nankai Osaka
5-1-60 Namba, Chuo-ku, Osaka-city(Please note that the venue is different from the previous year.)
3. Purposes:
Items to be reported:
1. Business Report, Consolidated Financial Statements, and Non-Consolidated Financial Statements for the89th Term (from April 1, 2017 to March 31, 2018)
2. The results of audit of the Consolidated Financial Statements for the 89th Term by the Accounting
Auditors and the Board of Corporate Auditors
Items to be resolved:
Proposal 1:
Appropriation of surplus
Proposal 2:
Election of one (1) Director-1-Reference Documents for the General Meeting of Shareholders
Proposals and Reference Matters
Proposal 1:

Appropriation of surplus

The Company considers the return of profits to its shareholders to be its top management priority. The Company
adopts the basic policy of ensuring the stable and continuous payment of cash dividends while establishing a soundfinancial position.
Taking into consideration the need to return profits commensurate with the strong performance in the fiscal year,
the Company proposes an ordinary dividend of 23 yen per share and a bonus dividend of 10 yen per share, as set
forth below.
With an effective date of October 1, 2017, the Company conducted a two-to-one consolidation of common shares.
As the interim dividend (11.50 yen per share) with the record date of September 30, 2017 is equivalent to 23 yen
per share when calculated based on the number of shares existing after the share consolidation, the annual dividend
for the fiscal year will be 56 yen per share. When calculated based on the number of shares existing after the shareconsolidation, the annual dividend for the previous year was equivalent to 46 yen per share. Accordingly, theannual dividend per share for the fiscal year is 10 yen higher than that for the previous year.
Matters related to year-end dividends(1) Type of dividend property
Cash(2) Allocation of dividend property and total amount thereof
33 yen per common share of the Company (ordinary dividend: 23 yen; bonus dividend: 10 yen)
Total amount of dividends: 735,623,361 yen(3) Effective date of distribution of dividends of surplus
June 29, 2018-2-

Proposal 2:

Election of one (1) Director

The Company plans to appoint one (1) additional Director in order to further enhance the Company’s management
strengths. Accordingly, the Company proposes that one (1) Director be elected.
Pursuant to the Articles of Incorporation, the term of office of the additionally elected Director shall be until theexpiry of the terms of incumbent Directors.
The candidate for Director is as follows:
Name(Date of birth)

Career summary, position and responsibilities (significant concurrent
positions outside the Company)
Apr. 1986
Apr. 2013

Yasuo Kamei(November 27, 1962)

Apr. 2014

New election

Apr. 2018

Joined the Company
Manager of Accounting Department, General Administration
DivisionManager of Administration Department at Tokyo HeadOfficeCorporate Officer, Head of General Administration Division,and Manager of International Affairs Office(present position)

Number of theCompany’s shares
owned

1,500

[Reasons for nomination as candidate for Director]
Yasuo Kamei has long experience of Accounting Department. Based on the fact that he currently responds quickly to changes in thebusiness environment as the person in charge of general administration departments, we have determined that he is qualified torealize sustainable growth and improvement of corporate value of the Company, and we propose his election as a Director.
Note: There is no special interest between the candidate and the Company.

-3-