Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail. The
Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arisingfrom the translation.

(Stock Exchange Code 4633)
March 5, 2021
To Shareholders with Voting Rights:
Kotaro Morita
Representative Director,
President & CEO

SAKATA INX CORPORATION
1-23-37 Edobori, Nishi-ku, Osaka

NOTICE OF THE 143RD
ANNUAL GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our appreciation for your continued support and patronage.
We are pleased to announce the 143rd Annual General Meeting of Shareholders of SAKATA INXCORPORATION (the “Company”). The meeting will be held for the purposes as described below.
If you will not be attending the meeting in person, 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, and exercise your voting rights by 5:30 p.m. on Thursday, March 25, 2021, Japan time.
(The Voting Rights Exercise Form and the Reference Documents are available in Japanese only.)
1. Date and Time:

Friday, March 26, 2021 at 10:00 a.m. Japan time
(Registration will begin at 9:00 a.m.)

2. Place:

SAKATA INX CORPORATION Osaka Head Office
1-23-37 Edobori, Nishi-ku, Osaka

3. Meeting Agenda:
Matters to be reported:
1. The Business Report, Consolidated Financial Statements for the Company’s
143rd Fiscal Year (January 1, 2020 - December 31, 2020) and results of audits
by the Accounting Auditor and the Audit & Supervisory Board of theConsolidated Financial Statements
2. Non-consolidated Financial Statements for the Company’s 143rd Fiscal Year
(January 1, 2020 - December 31, 2020)
Proposals to be resolved:
Proposal 1:
Distribution of Surplus
Proposal 2:
Election of 9 Directors

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When attending the meeting, please submit the enclosed Voting Rights Exercise Form at the reception desk.
Of the documents to be included in the Notice, “Notes to the Consolidated Financial Statements” and “Notes to the Nonconsolidated Financial Statements” are posted on the Company’s website (http://www.inx.co.jp/ir/about) (Japanese only)
pursuant to provisions of laws, regulations and Article 16 of the Articles of Incorporation of the Company and therefore
are not included in the documents attached to the Notice. Accordingly, the Consolidated Financial Statements and theNon-consolidated Financial Statements set forth in the documents attached to the Notice are parts of the Consolidated
Financial Statements and the Non-consolidated Financial Statements audited by the Accounting Auditor and the Audit &Supervisory Board Members in preparing the accounting audit report and the audit report, respectively.
Revisions to the Reference Documents for the General Meeting of Shareholders, Business Report, Non-consolidated
Financial Statements or Consolidated Financial Statements will be posted on the Company’s website(http://www.inx.co.jp/). (Japanese only)
Please note that souvenirs will not be provided to the attendees at the meeting.

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Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal 1:
Distribution of Surplus
The Company proposes the distribution of surplus as follows:
1.

Year-end dividend
The Company’s basic policy is to distribute dividends in a stable and continuous manner upon
comprehensively taking into account matters including internal reserves for strengthening thecorporate structure and future business development.
Based on this policy, the Company proposes year-end dividend for this fiscal year as follows:(1) Type of dividend property:
Cash(2) Allotment of dividend property and its total amount
15 yen per share of the Company’s common stock (total dividend of 876,278,040 yen).
As a result, combined with the interim dividend of 15 yen per share paid on September 4, 2020,
the annual dividend will be 30 per share.
(3) Effective date of the distribution of dividends of surplus:
March 29, 2021

2.

Other matters regarding the distribution of surplus
The Company proposes to retain internal reserves as follows to strengthen the managementfoundation in preparation for future business development:(1) Item and amount of surplus to be increased:
General reserve:
1,200,000,000 yen(2) Item and amount of surplus to be decreased:
Retained earnings brought forward: 1,200,000,000 yen-3-Proposal 2:

Election of 9 Directors

At the conclusion of this meeting, the terms of office of all 8 Directors will expire. Therefore, theCompany proposes the election of 9 Directors, increasing the number of Directors by 1 to enhance themanagement system.
The details of the candidates for Director are as follows:
No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 1979

Joined the Company

April 2004

General Manager, 1st R&D Dept., Corporate
R&D Div.

June 2007

Director, based in Chicago

June 2009
Kotaro Morita(October 17, 1955)

Director, In charge of International
Operations Dept.

June 2011

Managing Director, In charge ofInternational Operations Dept.

(Male)

June 2013

Representative Director (current position),
President

March 2018

President & CEO (current position)

1

Number of theCompany’s
shares held:

61,528(Significant concurrent positions)
Chairman and President, THE INX GROUP LIMITED
Chairman, INX International Ink Co.
Reason for appointment as candidate for Director
Mr. Kotaro Morita has been serving as Representative Director, President from 2013, and Representative
Director, President & CEO from 2018. As a management executive, he has led the Group with strong
leadership, and has played an appropriate role in promoting the Group’s sustainable growth and improvementof corporate value over the medium to long term. The Company believes that he is qualified to continue
making important management decisions and supervising the execution of business for the Company based on
his abundant experience and extensive knowledge and insight.
April 1985

Joined the Company

June 2007

General Manager, 2nd R&D Dept.,
Corporate R&D Div.

October 2008 General Manager, 3rd R&D Dept., Corporate
R&D Div.

Yoshiaki Ueno
(December 22, 1961)(Male)
2

June 2014

Director (current position), Commissioned as
General Manager, Corporate R&D Div.
(current position)

June 2015

In charge of Purchasing Div.

July 2016

In charge of Purchasing Div. and Marketing& New Business Development Div.

March 2018

Executive Officer, In charge of Purchasing
Div. and Marketing & New Business
Development Div.

July 2018

In charge of Purchasing Div. (current
position)

March 2019

Managing Executive Officer (current
position)

19,541

Reason for appointment as candidate for Director
Mr. Yoshiaki Ueno has held many important positions in the research and development division. As an
incumbent Director, Managing Executive Officer, he has played an appropriate role in promoting the Group’s
sustainable growth and improvement of corporate value over the medium to long term. The Company believes
that he is qualified to continue making important management decisions and supervising the execution ofbusiness for the Company based on his abundant experience and extensive knowledge and insight.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 1980

Joined the Company

April 2003

General Manager, Technical Service &Development Dept., Newspaper Ink Div.

September
2004

General Manager, Technical Service &Development Dept., Graphic Arts Div.

June 2006

General Manager, Production Technology
Div., concurrently, General Manager,
Technical Service & Development Dept.,
Offset Ink Div.

Number of theCompany’s
shares held:

October 2008 Concurrently, General Manager, Technical
Service & Development Dept., Newspaper
Ink Div.
April 2011

General Manager, Production Technology
Div., concurrently, Plant Manager, Osaka
Plant

June 2011

Associate Director

June 2012

Director, Commissioned as General
Manager, Production Technology Div.
(current position)

Masaki Nakamura(October 24, 1956)(Male)
3

33,051

October 2012 Commissioned as General Manager,
Environment & Quality Div.
April 2015

Director, In charge of Environment &Quality Div.

March 2016

Managing Director, In charge ofEnvironment & Quality Div.

March 2018

Director (current position), Managing
Executive Officer, In charge of Environment& Quality Div. (current position)

March 2020

Senior Managing Executive Officer (current
position)

Reason for appointment as candidate for Director
Mr. Masaki Nakamura has held many important positions in the production technology division and thetechnical service & development division. As an incumbent Director, Senior Managing Executive Officer, he
has played an appropriate role in promoting the Group’s sustainable growth and improvement of corporate
value over the medium to long term. The Company believes that he is qualified to continue making importantmanagement decisions and supervising the execution of business for the Company based on his abundant
experience and extensive knowledge and insight.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 1981

Number of theCompany’s
shares held:

Joined the Company

July 2003

Branch Manager, Shikoku Branch Office

June 2006

General Manager, Osaka Sales & Marketing
Dept., Newspaper Ink Div.

July 2008

General Manager, Tokyo Sales & Marketing
Dept., Newspaper Ink Div.

June 2009

General Manager, Newspaper Ink Div.

January 2010 Concurrently, General Manager, Offset Ink
Div.

Hitoshi Nakamura(November 1, 1957)(Male)
4

June 2012

Associate Director

June 2013

Director, In charge of Offset Ink Div.,
Commissioned as General Manager,
Newspaper Ink Div.

June 2014

Director, In charge of Newspaper Ink Div.,
Commissioned as General Manager, Offset
Ink Div.

March 2016

Managing Director, In charge of Newspaper
Ink Div.

September
2016

In charge of Newspaper Ink Div. and Offset
Ink Div.

June 2017

In charge of Printing Solution Div.,
Newspaper Ink Div. and Offset Ink Div.

March 2018

Director (current position), Managing
Executive Officer

March 2019

In charge of Newspaper Ink Div., Offset Ink
Div., Printing Solution Div. and Sales
Administration Div.

31,359January 2020 In charge of Information Media Business(current position), In charge of Printing
Solution Div. and Sales Administration Div.
March 2020

Senior Managing Executive Officer (current
position)January 2021 In charge of Sales Administration Div.
(current position)
Reason for appointment as candidate for Director
Mr. Hitoshi Nakamura has held many important positions in the newspaper ink division and the offset ink
division. As an incumbent Director, Senior Managing Executive Officer, he has played an appropriate role inpromoting the Group’s sustainable growth and improvement of corporate value over the medium to long term.
The Company believes that he is qualified to continue making important management decisions andsupervising the execution of business for the Company based on his abundant experience and extensive
knowledge and insight.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 1983

Joined the Company

March 2008

General Manager, International Operations
Dept.

June 2014

Associate Director

July 2015

General Manager, Finance & Accounting
Div.

March 2016

Director (current position)

Number of theCompany’s
shares held:

In charge of Information Systems Div. andInternational Operations Dept. andCommissioned as General Manager, Finance& Accounting Div.
Toshihiko Fukunaga
March 26, 1961
(Male)
5

March 2017

In charge of Information Systems Div.,
Finance & Accounting Div. and International
Operations Dept.

March 2018

Executive Officer, In charge of Information
Systems Div., Finance & Accounting Div.
and International Operations Dept.

20,500

October 2018 In charge of Corporate Planning Div.,
Information Systems Div. and Finance &Accounting Div.
March 2019

Senior Executive Officer (current position),
In charge of Corporate Planning Div.,
Information Systems Div., Finance &Accounting Div. and Public & Investor
Relations Div.

March 2020

In charge of Corporate Planning Div.,
Information Systems Div. and Finance &Accounting Div. (current position)

Reason for appointment as candidate for Director
Mr. Toshihiko Fukunaga has served many important positions in the finance and accounting division and theinternational operations division. As an incumbent Director, Senior Executive Officer, he has played an
appropriate role in promoting the Group’s sustainable growth and improvement of corporate value over the
medium to long term. The Company believes that he is qualified to continue making important management
decisions and supervising the execution of business for the Company based on his abundant experience andextensive knowledge and insight.

*
Yuichi Kataura(June 26, 1965)

April 1988

Joined the Company

April 2009Manager, International Operations Dept.,
based in Chicago

March 2013

General Manager, 1st R&D Dept., Corporate
R&D Div.

July 2015

General Manager, International Operations
Dept.

March 2018

Executive Officer (current position)(Male)
6

8,822

October 2018 General Manager, Corporate Planning Div.
(current position)
Reason for appointment as candidate for Director
Mr. Yuichi Kataura has served many important positions in the research and development division, theinternational operations division and the corporate planning division. As an Executive Officer, he has played an
appropriate role in promoting the Group’s sustainable growth and improvement of corporate value over the
medium to long term. The Company believes that he is qualified to make important management decisions andsupervising the execution of business for the Company based on his abundant experience and extensive
knowledge and insight.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 1976

Admitted to the bar (Osaka Bar Association)

April 1976

Joined Takebayashi Law Office (currently
TAKEBAYASHI / HATA / NAKAGAWA /FUKUSHIMA LAW OFFICE)

Number of theCompany’s
shares held:

January 1993 Partner Attorney, TAKEBAYASHI / HATA /NAKAGAWA / FUKUSHIMA LAWOFFICE (current position)
Katsumi Nakagawa(October 4, 1949)(Male)
7

April 2002

Governor, Japan Federation of Bar
Associations and Vice President, Osaka Bar
Association

June 2008

Outside Audit & Supervisory Board Member,the Company

June 2014

Outside Director, the Company (current
position)

0(Significant concurrent positions)
Partner Attorney, TAKEBAYASHI / HATA / NAKAGAWA /FUKUSHIMA LAW OFFICE
Reason for appointment as candidate for Outside Director
Although Mr. Katsumi Nakagawa has never been involved in corporate management except as outside director
and outside Audit & Supervisory Board member, he has expert knowledge in the field of corporate legal affairs
and abundant experience as an attorney. The Company believes that he will be able to perform his management
supervisory function from an independent and fair standpoint based on his past experience as the Company’s
Outside Audit & Supervisory Board Member and Outside Director.
Mr. Katsumi Nakagawa is an incumbent Outside Director of the Company, and he will have served for 6 years
and 9 months at the conclusion of this meeting since taking office.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions

Number of theCompany’s
shares held:

October 1973 Joined Asahi & Co. (currently KPMG AZSA
LLC)

Yasumi Katsuki(November 29, 1947)(Male)
8

September
1977

Registered as a certified public accountant

August 1995

Representative Partner, Asahi Audit Corp.
(currently KPMG AZSA LLC)

May 2001

Senior Executive, Osaka Office Managing
Partner, Asahi Audit Corp.

May 2006

Headquarter Executive, KPMG AZSA LLC

June 2010Retired from KPMG AZSA LLC on reachingretirement age

July 2010

Certified Public Accountant, Katsuki CPA
Office (current position)

June 2011

External Audit & Supervisory Board
Member, West Japan Railway Company(current position)

June 2011

Outside Audit & Supervisory Board Member,the Company

June 2013

External Director, Sumitomo Seika
Chemicals Company, Limited (current
position)

March 2016

Outside Director, the Company (current
position)

0(Significant concurrent positions)Certified Public Accountant, Katsuki CPA Office
External Audit & Supervisory Board Member, West Japan
Railway Company
External Director, Sumitomo Seika Chemicals Company,
LimitedReason for appointment as candidate for Outside Director
Although Mr. Yasumi Katsuki has never been involved in corporate management except as outside director andoutside Audit & Supervisory Board member, he is well versed in finance and accounting and has deep insightand extensive experience as a certified public accountant. The Company believes that he will be able toperform his management supervisory function from an independent and fair standpoint based on his pastexperience as the Company’s Outside Audit & Supervisory Board Member and Outside Director.
Mr. Yasumi Katsuki is an incumbent Outside Director of the Company, and he will have served for 5 years at
the conclusion of this meeting since taking office.

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No.

Name
(Date of birth)

Career summary, positions, responsibilities and significant
concurrent positions
April 2017

Professor, Faculty of Data Science, Shiga
University (current position)

April 2017

Councillor, Educational Research Council,
Shiga University

August 2017

Vice-chairperson, Shiga Prefecture ICT
Promotion Forum

April 2018

Visiting researcher, Graduate School of
Medicine, Kyoto University (current
position)

April 2018

Visiting Professor, The Institute of Statistical
Mathematics

April 2018

Part-time lecturer, Disaster Prevention
Research Institute, Kyoto University (current
position)

Shizue Izumi(March 18, 1964)

August 2018

Data Analysis Advisor, Otsu City Municipal
Office, Shiga Prefecture (current position)(Female)April 2019

Professor, Graduate School of Data Science,
Shiga University (current position)

August 2019

Lecturer for educational program, Statistical
Research and Training Institute, Ministry ofInternal Affairs and Communications

September
2019

Regional Member of Screening Committee
for “Idea Contest 2019 for Regional
Revitalization Policies Contest” by Office for
Promotion of Regional Revitalization,
Cabinet Office

March 2020

Outside Director, the Company (current
position)

9

Number of theCompany’s
shares held:

0(Significant concurrent positions)
Professor, Faculty of Data Science, Shiga University
Professor, Graduate School of Data Science, Shiga University
Reason for appointment as candidate for Outside Director
Although Ms. Shizue Izumi has never been involved in corporate management except as outside director andoutside Audit & Supervisory Board member, she has accumulated remarkable track record mainly in the area ofdata science through her career as a professor at Faculty of Data Science and Graduate School of Data Scienceof Shiga University. She also has experience and insight as an expert at administrative agencies. The Company
believes that she will be able to provide opinions and suggestions that would benefit the Company’s
management and perform her management supervisory function from an independent and fair standpoint basedon her abundant experience and extensive insight.
Ms. Shizue Izumi is an incumbent Outside Director of the Company, and she will have served for 1 year at theconclusion of this meeting since taking office.
Notes:

1. An asterisk (*) indicates a newly appointed candidate for Director.
2. There are no special interests between the candidates and the Company.
3. Mr. Katsumi Nakagawa, Mr. Yasumi Katsuki, and Ms. Shizue Izumi are candidates for Outside Director.
4. To attract competent personnel as outside directors, the Company has stipulated in its Articles of Incorporationthat it may conclude agreements to limit their liability for damages to the Company within the range of laws andregulations. The Company has signed liability limitation agreements with Mr. Katsumi Nakagawa, Mr. Yasumi
Katsuki, and Ms. Shizue Izumi, who are the incumbent Outside Directors of the Company. If their election isapproved, the Company plans to renew the said agreements with each one of them.
The maximum amount of liability for damages under the liability limitation agreement is the amount specified bylaws and regulations.
5. Mr. Katsumi Nakagawa, Mr. Yasumi Katsuki, and Ms. Shizue Izumi are the Company’s incumbent Outside
Directors, and the Company has submitted notification to Tokyo Stock Exchange, Inc. that they have been
designated as independent officers as provided for by the aforementioned exchange. If their election is approved,
they will continue to serve as independent officers as provided for by the aforementioned exchange. Ms. Shizue
Izumi is a professor of Shiga University. Although the Company has paid a donation, etc. to the said university- 10 -

regarding an agreement concerning collaboration and cooperation with the said university, the amount of the
donation for this fiscal year is 1 million yen, which will not affect her independence.
6. The Company has entered into a contract of directors and officers liability insurance with an insurance company.
This insurance contract covers damages arising from liability borne by the insured persons in the course of
execution of their duties or claims pertaining to the pursuit of such liability.
When the election of each candidate for Director is approved at the meeting, the Company plans to include eachof them as insured persons in the insurance contract and renew the said contract with the above details during theirterm of office.

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