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: 6676
June 7, 2023
To our shareholders:Hiroyuki Maki, President and CEO
Melco Holdings Inc.
11-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo

Notice of the 37th Annual General Meeting of Shareholders
You are hereby notified that the 37th Annual General Meeting of Shareholders of Melco Holdings Inc. (the“Company”) will be held as described below.
The Company takes measures for providing information in electronic format for this General Meeting of
Shareholders, and posts the matters subject to measures for electronic provision on the Company’s website inaccordance with Article 325-3 of the Companies Act. Please access the Company’s website by using the internet
address shown below to review the information.
Company’s website: https://melco-hd.jp/ir/zaimu/kabunushi_soukai.html (in Japanese)
The matters subject to measures for electronic provision are also available at the general meeting of shareholders
information material provision website, in addition to the Company’s website. If the matters subject to measures forelectronic provision are not available at the Company’s website, please access the following general meeting ofshareholders information material provision website.
General meeting of shareholders information material provision website: https://d.sokai.jp/6676/teiji/ (in Japanese)
Although the social impact of COVID-19 is coming to an end, the Company will hold this general meeting ofshareholders by implementing appropriate measures to prevent the spread of COVID-19.
We strongly encourage all shareholders to exercise their voting rights in advance in writing or via the Internet, etc.
as much as possible.
Please review the proposals shown in the Reference Documents for the General Meeting of Shareholders in the
Notice of the 37th Annual General Meeting of Shareholders posted on the Company’s website and the general
meeting of shareholders information material provision website, and exercise your voting rights by 5:45 p.m. on
Friday, June 23, 2023 (JST).
1. Date and Time: Monday, June 26, 2023, at 10:00 a.m. (JST) (Reception starts at 9:15 a.m.)
2. Venue:
Communication Space, Nagoya Headquarters of the Company, 9th Floor, Akamon-dori
Building,
30-20 Ohsu 3-chome, Naka-ku, Nagoya
3. Purpose of the Meeting
Matters to be reported
1. Reports on the business report, the consolidated financial statements, and the results of audit of theconsolidated financial statements by the Financial Auditor and the Board of Auditors for the 37th fiscal term(from April 1, 2022 to March 31, 2023)
2. Report on the non-consolidated financial statements for the 37th fiscal term (from April 1, 2022 to March
31, 2023)
Matters to be resolved
Proposal No. 1:
Partial Amendment to the Articles of Incorporation
Proposal No. 2:
Election of Nine (9) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)
Proposal No. 3:
Election of Three (3) Directors Who Are Audit and Supervisory Committee Members-1-

Proposal No. 4:

Election of Two (2) Substitute Directors Who are Audit and Supervisory Committee
Members
Proposal No. 5:
Determination of the Amount of Remuneration for Directors (Excluding Directors Who
are Audit and Supervisory Committee Members)
Proposal No. 6:
Determination of the Amount of Remuneration for Directors Who are Audit andSupervisory Committee Members
Proposal No. 7:
Payment of Bonuses to Officers
Proposal No. 8:
Presentation of Retirement Allowance to Retiring Directors and Retiring Auditors
4. Matters Excluded From Paper-Based Documents to Be Delivered to Shareholders Who Requested the
Delivery of Paper-Based Documents
Of the matters to be described in documents that describe matters subject to measures for electronic provision,
pursuant to the provisions of laws and regulations and the Articles of Incorporation, the Company has posted thefollowing matters on its website and the general meeting of shareholders information material provision website.
Therefore, the matters are not included in the paper-based documents to be delivered to shareholders whorequested the delivery of paper-based documents.
Consequently, the consolidated financial statements and the non-consolidated financial statements included inthose paper-based documents are part of the documents which were audited by the Financial Auditor in preparing
the financial audit reports, and by the Auditors in preparing the audit reports.
1. Consolidated statement of changes in net assets
2. Notes to consolidated financial statements
3. Non-consolidated statement of changes in net assets
4. Notes to non-consolidated financial statements- If you are attending on the date, you are kindly requested to present the voting form to the receptionist.
- Please note that in case of any changes in the matters subject to measures for electronic provision, the changes and the matter(s)before and after change will be posted on the websites on which such matters have been posted.
- Please review the slides describing the matters to be reported that will be distributed on the Company’s website later.

-2-

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

Partial Amendment to the Articles of Incorporation

1. Reasons for Proposal
The Company will make transition to a company with audit and supervisory committee from the perspective ofstrengthening the audit and supervision functions and expediting decision-making.
For this purpose, the Company will implement the new establishment of the provisions concerning the Audit andSupervisory Committee and the Audit and Supervisory Committee Members and the deletion of the provisions
concerning Auditors and the Board of Auditors, which are necessary for the transition to a company with audit
and supervisory committee, as well as newly establish the provisions that allow to delegate the decision on
important business execution to Directors, and establish the supplementary provisions as transitional measures
for the deletion of the provisions that exempt Auditors from liability.
The amendments to the Articles of Incorporation in this proposal will be effective at the conclusion of this general
meeting.
2. Details of Amendments
Details of amendments are as follows:(Underlined portions represent amendments)
Proposed Amendments
Chapter I
General Provisions
Article 1 to Article 3 (Unchanged)(Organs)
Article 4.
The Company establishes the following organs in addition to
the general meeting of shareholders and Directors.
1. Board of Directors
2. Audit and Supervisory Committee(Deleted)
3. Financial Auditor
Article 5 (Unchanged)
Chapter II
Shares
Article 6 to Article 11 (Unchanged)
Chapter III
General Meeting of Shareholders
Article 12 to Article 17 (Unchanged)
Chapter IV
Directors and the Board of Directors(Number of Directors)
Article 18.
(1) The number of Directors (excluding Directors who are
Audit and Supervisory Committee Members) of theCompany shall not exceed 15.
(Newly established)(2) The number of Directors of the Company who are Audit
and Supervisory Committee Members shall not exceed 5.
(Election of Directors)(Election of Directors)
Article 19.
Article 19.
(Newly established)(1) Directors who are Audit and Supervisory Committee
Members and other Directors shall be distinguished andelected separately in the general meeting of shareholders.
(1) The resolution of the election of Directors of the Company (2) (Unchanged)
requires the attendance of shareholders who account for
one third or more of the voting rights held by shareholders
who can exercise voting rights, and their majority vote.
Current Articles of Incorporation
Chapter I
General Provisions
Article 1 to Article 3 (Provisions omitted)(Organs)
Article 4.
The Company establishes the following organs in addition to
the general meeting of shareholders and Directors.
1. Board of Directors
2. Auditors
3. Board of Auditors
4. Financial Auditor
Article 5 (Provisions omitted)
Chapter II
Shares
Article 6 to Article 11 (Provisions omitted)
Chapter III
General Meeting of Shareholders
Article 12 to Article 17 (Provisions omitted)
Chapter IV
Directors and the Board of Directors(Number of Directors)
Article 18.
The number of Directors of the Company shall not exceed 15.

-3-

Current Articles of Incorporation
Proposed Amendments(2) The election of Directors of the Company shall not be(3) (Unchanged)
resolved by cumulative vote.
(Directors’ Terms of Office)(Directors’ Terms of Office)
Article 20.
Article 20.
(1) The terms of office of Directors (excluding Directors who
The terms of office of Directors of the Company shall expire at
the conclusion of the Annual General Meeting of Shareholders
are Audit and Supervisory Committee Members) of theregarding the last fiscal year among fiscal years that end within
Company shall expire at the conclusion of the Annual
one year after the election
General Meeting of Shareholders regarding the last fiscal
year among fiscal years that end within one year after theelection.
(Newly established)(2) The terms of office of Directors of the Company who are
Audit and Supervisory Committee Members shall expire
at the conclusion of the Annual General Meeting of
Shareholders regarding the last fiscal year among fiscal
years that end within two years after the election.
(Newly established)(3) The terms of office of Directors of the Company who are
Audit and Supervisory Committee Members and were
elected as substitutes for Directors who were Audit andSupervisory Committee Members and retired before theexpiration of their terms of office shall expire at the
expiration of the terms of office of the retired Directors
who were Audit and Supervisory Committee Members.
(Newly established)(4) The effective period of the resolution of the election ofsubstitute Directors who are Audit and Supervisory
Committee Members and were elected under Article 329,
paragraph (3) of the Companies Act shall be until the
opening of the Annual General Meeting of Shareholders
regarding the last fiscal year among fiscal years that end
within two years after the election.
(President and CEO)(President and CEO)
Article 21.
Article 21.
The Board of Directors elects the Representative Director fromThe Board of Directors elects President and CEO by its
resolution.
among Directors (excluding Directors who are Audit andSupervisory Committee Members) by its resolution.
(Executive Director)(Executive Director)
Article 22.
Article 22.
The Board of Directors can appoint one Chairman of the Board
The Board of Directors can appoint one Chairman of the Boardof Directors, one President and COO, and several Executiveof Directors, one President and COO, and several Executive
Vice Presidents, Senior Managing Directors and Managing
Vice Presidents, Senior Managing Directors and Managing
Directors by its resolution from among Directors (excluding
Directors by its resolution.
Directors who are Audit and Supervisory Committee
Members).
Article 23 (Provisions omitted)
Article 23 (Unchanged)(Convocation notice of the Board of Directors)(Convocation notice of the Board of Directors)
Article 24.
Article 24.
(1) The convocation notice of the Board of Directors is sent
(1) The convocation notice of the Board of Directors is sentout to Directors and Auditors no later than three days priorout to Directors no later than three days prior to themeeting date. However, this period may be shortened into the meeting date. However, this period may becase of emergency.
shortened in case of emergency.
(2) With the consent of all Directors, the meeting of the Board(2) With the consent of all Directors and Auditors, theof Directors may be held without taking the convocation
meeting of the Board of Directors may be held without
procedure.
taking the convocation procedure.
(Newly established)(Delegation of the decision on important business execution)
Article 25.
The Board of Directors may delegate all or part of the decision
on important business execution (excluding matters listed in theitems of Article 399-13, paragraph (5) of the Companies Act)by its resolution under the provisions set forth in Article 39913, paragraph (6) of the Companies Act.

-4-

Current Articles of Incorporation(Omission of resolution by the Board of Directors)
Article 25.
The Company deems that the resolution has been passed by the
Board of Directors when the requirements set forth in Article
370 of the Companies Act are met.
(Board of Directors Regulations)
Article 26.
Matters regarding the Company’s Board of Directors shallcomply with the Board of Directors Regulations established by
the Board of Directors, unless otherwise provided in laws andregulations or the Articles of Incorporation.
(Remuneration for Directors)
Article 27.
Remuneration, bonuses, and other financial benefits Directors
receive from the Company as consideration for their executionof duties (hereinafter referred to as “benefits, etc.”) aredetermined by the resolution of the general meeting ofshareholders.
Article 28 to Article 29 (Provisions omitted)
Chapter V
Auditors and the Board of Auditors(Number of Auditors)
Article 30.
The number of Auditors of the Company shall not exceed 5.
(Election of Auditors)
Article 31.
The resolution of the election of Auditors of the Company
requires the attendance of shareholders who account for one
third or more of the voting rights held by shareholders who can
exercise voting rights, and their majority vote.
(Auditors’ Terms of Office)
Article 32.
(1) The terms of office of Auditors of the Company shall
expire at the conclusion of the Annual General Meeting of
Shareholders regarding the last fiscal year among fiscal
years that end within four years after the election.
(2) The terms of office of Auditors who were elected as
substitutes for Auditors who retired before the expirationof their terms of office shall expire at the expiration of theterms of office of the retired Auditors.
(Full-Time Auditors)
Article 33.
The Board of Auditors of the Company elects full-time
Auditors by its resolution.
(Convocation notice of the Board of Auditors)
Article 34.
(1) The convocation notice of the Board of Auditors of theCompany is sent out to Auditors no later than three days
prior to the meeting date. However, this period may be
shortened in case of emergency.
(2) With the consent of all Auditors, the meeting of the Board
of Auditors may be held without taking the convocation
procedure.

Proposed Amendments(Omission of resolution by the Board of Directors)
Article 26.
The Company deems that the resolution has been passed by the
Board of Directors if the requirements set forth in Article 370of the Companies Act are met.
(Board of Directors Operational Regulations)
Article 27.
Matters regarding the Company’s Board of Directors shallcomply with the Board of Directors Operational Regulations
established by the Board of Directors, unless otherwise
provided in laws and regulations or the Articles ofIncorporation.
(Remuneration for Directors)
Article 28.
Remuneration, bonuses, and other financial benefits Directors
receive from the Company as consideration for their executionof duties are determined by the resolution of the general
meeting of shareholders, distinguishing Directors who are
Audit and Supervisory Committee Members and other
Directors.
Article 29 to Article 30 (Unchanged)(Deleted)-5-(Deleted)(Deleted)(Deleted)(Deleted)(Deleted)

Current Articles of Incorporation(Board of Auditors Regulations)
Article 35.
Matters regarding the Company’s Board of Auditors shallcomply with the Board of Auditors Regulations established by
the Board of Auditors, unless otherwise provided in laws andregulations or the Articles of Incorporation.
(Remuneration for Auditors)
Article 36.
Remuneration for Auditors of the Company is determined by
the resolution of the general meeting of shareholders.
(Exemption of Auditors from Liability)
Article 37.
In accordance with the provisions of Article 426, paragraph (1)of the Companies Act, the Company may exempt Auditors(including those who have been an Auditor) from liability fordamage caused by failure to perform their duties by the
resolution of the Board of Directors to the extent provided bylaws and regulations.
(Liability Limitation Agreement for Auditors)
Article 38.
In accordance with Article 427, paragraph (1) of the Companies
Act, the Company may conclude an agreement with Auditors tolimit liability for damage caused by failure to perform theirduties. However, the limit of liability under this agreement
shall be the amount provided by laws and regulations.
(Newly established)(Newly established)(Newly established)(Newly established)

Chapter VI
Calculation
Article 39 to Article 42 (Provisions omitted)(Newly established)

Proposed Amendments(Deleted)(Deleted)(Deleted)(Deleted)

Chapter V
Audit and Supervisory Committee(Full-Time Audit and Supervisory Committee Members)
Article 31.
The Audit and Supervisory Committee may elect full-time
Audit and Supervisory Committee Members by its resolution.
(Convocation notice of the Audit and Supervisory Committee)
Article 32.
(1) The convocation notice of the Audit and Supervisory
Committee is sent out to Audit and Supervisory
Committee Members no later than three days prior to themeeting date. However, this period may be shortened incase of emergency.
(2) With the consent of all Audit and Supervisory Committee
Members, the meeting of the Audit and Supervisory
Committee may be held without taking the convocation
procedure.
(Audit and Supervisory Committee Regulations)
Article 33.
Matters regarding the Audit and Supervisory Committee of theCompany shall comply with the Audit and Supervisory
Committee Regulations established by the Audit andSupervisory Committee, unless otherwise provided in laws andregulations or the Articles of Incorporation.
Chapter VI
Calculation
Article 34 to Article 37 (Unchanged)(Supplementary Provisions)
The Company may exempt Auditors (including those who havebeen an Auditor) from liability for damage under Article 423,
paragraph (1) of the Companies Act related to acts they
committed before the conclusion of the 37th Annual General
Meeting of Shareholders by the resolution of the Board of
Directors to the extent provided by laws and regulations.

-6-

Proposal No. 2:

Election of Nine (9) Directors (Excluding Directors Who Are Audit and Supervisory Committee
Members)

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee, and the terms of office of all thecurrent Directors (11 Directors) expire at the time when the amendments to the Articles of Incorporation become
effective.
Therefore, the Company proposes the election of nine (9) Directors (excluding Directors who are Audit andSupervisory Committee Members. The same applies throughout this proposal.).
This proposal shall be effective on the condition that the amendments to the Articles of Incorporation in Proposal No.
1 “Partial Amendment to the Articles of Incorporation” become effective.
The candidates for Director are as follows:
Candidate
No.
1
2
3
4
5
6
7

Hiroyuki Maki
Yoshimasa Nagase
Manabu Yano
Chisato Nakayama
Tamio Matsuo
Iwao Tsusaka
Daisuke Maki

President and CEO
Director
Director–
Executive Vice President
Director
Director

8

Hiroyuki Miyajima–

9

Kumiko Otsuka

–

Name

Current position in the Company

Reelection: Candidate for Director to be reelected
New election: Candidate for Director to be newly elected
Outside: Candidate for outside Director
Independent: Candidate for independent officer as defined by the stock exchange-7-

Reelection
Reelection
Reelection
New election
Reelection
Reelection
Reelection
New election
OutsideIndependent
New election
OutsideIndependent

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Aug. 2004

1

Number of theCompany’s shares
owned

Representative Director of Melco AssetManagement Limited
Nov. 2006
Representative Director of Melco AssetManagement Pte. Ltd.
Oct. 2007
Representative Director of MAM PTE. LTD.
June 2011
Director of the Company
June 2014
President and CEO (current position)
May 2018
President and CEO of Buffalo Inc. (current
position)
Hiroyuki Maki
May 2020
President and CEO of Buffalo IT Solutions Inc.
(November 15, 1980)
Oct. 2020
President and CEO of Melco Financial
Reelection
Holdings Inc.
635,415
May 2021
President and CEO of BIOS Corporation
Attendance at meetings of the May 2022
Director of Shimadaya Corporation (current
Board of Directors
position)
15/15 meetings
June 2022
Outside Board Member of Saison Information
Systems Co., Ltd. (current position)
June 2023
Outside Director of Kawasaki Kisen Kaisha,Ltd. (scheduled)[Significant concurrent positions outside the Company]
President and CEO of Buffalo Inc.
Director of Shimadaya Corporation
Outside Board Member of Saison Information Systems Co., Ltd.
Outside Director of Kawasaki Kisen Kaisha, Ltd. (scheduled)
Reasons for nomination as a candidate for Director
Hiroyuki Maki succeeded the position of President and CEO of the Company from the founder, and has been focusingon permeating the founder’s management philosophy of Melco values and developing a strong business foundation. He
also has been concurrently serving as President of a core operating company, Buffalo Inc., since May 2018, andimplementing management while demonstrating his own actions. The Company has judged that his management skills
are indispensable to the Company group (the “Group”), and therefore has nominated him as a candidate for Director.

-8-

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1981
Apr. 2006

2

Number of theCompany’s shares
ownedJoined Daiwa Securities Co., Ltd.
Nagoya Branch Officer of Daiwa Securities
SMBC Co., Ltd.
Sept. 2008
International Planning & Administration
Officer
Apr. 2009
Senior Executive Officer
Apr. 2011
Executive Managing Director of Daiwa
Securities Co., Ltd.
Yoshimasa Nagase
Deputy Head of Sales Division and Corporate(November 3, 1957)
Officer
Apr. 2013
Senior Executive Managing Director and Head
Reelectionof Product Solution Division0
Apr. 2015
Senior Executive Managing Director of Daiwa
Attendance at meetings of the
Securities Group Inc.
Board of Directors
Representative Senior Executive
15/15 meetings
Managing Director and Compliance Officer of
Daiwa Securities Co. Ltd.
Apr. 2019
Representative Director of J&You Corporation.
(current position)
July 2020
Director of Buffalo IT Solutions Inc.
June 2021
Director of the Company (current position)[Significant concurrent positions outside the Company]
Representative Director of J&You Corporation.
Reasons for nomination as a candidate for Director
Yoshimasa Nagase has a background of participating in management of a corporate group as Representative Senior
Executive Managing Director and Compliance Officer of Daiwa Securities Co., Ltd. and in other positions, andtherefore has wide-ranging experience, a good track record, and insight, including in compliance and IR. The Company
has judged that his abundant experience, a good track record, and insight will help improve the Group’s corporate
value, and therefore has nominated him as a candidate for Director.

-9-Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1993
Jan. 2002
Nov. 2004
May 2018

3

4

Number of theCompany’s shares
ownedJoined Melco Inc. (currently Buffalo Inc.)
Joined Prime Network Inc.
Joined Buffalo Inc.
Director and Manager of Corporate
Management Division
Manabu Yano
Dec. 2018
Director of toConnect, Inc. (current position)(January 11, 1970)
Dec. 2020
Managing Director of Buffalo Inc. (current
Reelection
position)
1,100
June 2022
Director of the Company (current position)
Attendance at meetings of the June 2023
Outside Board Member of Saison Information
Board of Directors
Systems Co., Ltd. (scheduled)
11/11 meetings[Significant concurrent positions outside the Company]
Managing Director of Buffalo Inc.
Director of toConnect, Inc.
Outside Board Member of Saison Information Systems Co., Ltd.
(scheduled)
Reasons for nomination as a candidate for Director
Manabu Yano has a background of participating in corporate management of the Group, such as launching andsupervising new businesses and companies in Japan and abroad, as well as M&As, as department executive, Director,
and a person serving in other positions at Buffalo Inc., and therefore has abundant knowledge. The Company has
judged that such knowledge and experience will help improve the Group’s corporate value, and therefore has nominatedhim as a candidate for Director.
Apr. 1987
Joined Brother Industries, Ltd.
Dec. 2001
Joined OASIS Patent Firm
Mar. 2008
Joined Buffalo Inc.
Apr. 2017
General Manager of Legal Division of the
Chisato Nakayama
Company (current position)(March 4, 1965)
0Apr. 2021
General Manager of Audit Division (current
New election
position)
May 2021
Director of Buffalo Inc.
[Significant concurrent positions outside the Company]
None
Reasons for nomination as a candidate for Director
Chisato Nakayama has participated in the acquisition of rights for intellectual property and the conflict resolution in
Japan and overseas as an intellectual property professional (patent attorney) at an international patent firm and theGroup, has worked on the promotion of compliance and the improvement of governance at the Group as the General
Manager of the Legal Division of the Company, and therefore has abundant knowledge. The Company has judged thatsuch knowledge and experience will help improve the Group’s corporate value, and therefore has nominated her as a
candidate for new Director.

- 10 -

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Feb. 2001
May 2005
June 2007

5

6

Number of theCompany’s shares
ownedJoined Melco Inc. (currently Buffalo Inc.)
Director of Buffalo Inc.
Director and General Manager ofTamio Matsuo
Administrative Headquarters of the Company(January 14, 1954)
May 2013
Executive Vice President and CEO
June 2014
Executive Vice President (current position)
Reelection
2,955
June 2014
Outside Director of Shimadaya Corporation
Attendance at meetings of the Nov. 2015
Outside Director of DigiOn, Inc.
Board of Directors
May 2016
Executive Vice President of Buffalo Inc.
15/15 meetings
Apr. 2018
Director of Shimadaya Corporation[Significant concurrent positions outside the Company]
None
Reasons for nomination as a candidate for Director
Tamio Matsuo has deep insight in areas of management planning, administration, and compliance, and has beensupervising the Group’s overall administrative functions for many years with his outstanding ability in organizational
management and supervision. The Company has judged that such knowledge and experience will help improve theGroup’s corporate value, and therefore has nominated him as a candidate for Director.
Oct. 1992
Head of Iwao Tsusaka Certified Public
Iwao Tsusaka
Accountant Office (current position)(May 28, 1957)
Oct. 1999
Auditor of Buffalo Inc. (currently the
Reelection
Company)
8,654
June 2004
Director of the Company (current position)
Attendance at meetings of the [Significant concurrent positions outside the Company]
Board of Directors
Head of Iwao Tsusaka Certified Public Accountant Office
15/15 meetings
Reasons for nomination as a candidate for Director
Iwao Tsusaka has been conducting business as an independent certified public accountant for many years and hasabundant experience and expertise. As a Director of the Company, he also has been helping to enhance the effectivenessof the Company’s Board of Directors by actively making remarks. With an expectation that he will continue to actively
contribute to management from perspectives of accounting and taxes in particular, the Company has nominated him as a
candidate for Director.

- 11 -

Candidate
No.

7

8

Name
(Date of birth)

Career summary, position and responsibility in the Company

Number of theCompany’s shares
ownedJuly 2008
President and CEO of Coma-systems Co., Ltd.
May 2010
President and CEO of MNBI Inc.
Nov. 2010
Joined the Company
Daisuke Maki
Mar. 2011
Director of Makis Inc. (current position)(June 23, 1982)
June 2012
Joined Buffalo Inc.
May 2013
DirectorReelection
500,895
Feb. 2018
CEO of Buffalo Americas Inc.
Attendance at meetings of the May 2018
Director of Buffalo Inc.
Board of Directors
July 2020
Director of Buffalo Americas Inc.
15/15 meetings
June 2021
Director of the Company (current position)[Significant concurrent positions outside the Company]
Director of Makis Inc.
Reasons for nomination as a candidate for Director
Daisuke Maki is the second son of the founder; he has inherited the founder’s technological gift and served as an
executive in the Development Department and has been an officer of an overseas subsidiary of Buffalo Inc. The
Company has judged that such knowledge and experience will help improve the Group’s corporate value in the future,and therefore has nominated him as a candidate for Director.
Mar. 1984
Joined BIC CAMERA INC.
Apr. 1996
Director; Store Manager, Main Store
June 2002
Director; Director General, Sales
Mar. 2005
Representative Director and Senior Executive
Officer; Director General, Merchandise
Nov. 2005
Representative Director and President
Sept. 2020
Vice Chairman
Hiroyuki Miyajima(October 24, 1959)
Jan. 2021
Adviser of animate Holdings Inc.
Nov. 2021
Independent Director of the Board of ZMP Inc.
0
New election
Jan. 2022
Outside Director of SEICHO, Inc. (current
Outsideposition)Independent
Apr. 2022
Outside Director of HONGO TSUJI M&A
SOLUTION (current position)
May 2023
Director of KYUSHU HIGHTECH Co., ltd.
(scheduled)[Significant concurrent positions outside the Company]
Outside Director of SEICHO, Inc.
Outside Director of HONGO TSUJI M&A SOLUTION
Reasons for nomination as a candidate for outside Director and overview of expected roles
Hiroyuki Miyajima has a background of participating in management of companies as President of BIC CAMERA INC.
and in other positions, and therefore has abundant experience, track record, and insight. With the expectation that hewill help significantly improve corporate value and strengthen the management supervision function of the Group byoffering beneficial opinions and guidance on the Group’s management from an objective and professional point ofview, based on such abundant experience, track record, and insight, the Company has nominated him as a candidate for
new outside Director.

- 12 -

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1991
Apr. 1994

9(Notes) 1.
2.

3.

4.

5.

6.

7.

Number of theCompany’s shares
ownedJoined The Fuji Bank, Limited
Joined Otsuka Kagu, Limited, General Manager
of Corporate Planning Office
Mar. 1996
Director and General Manager of Corporate
Planning Division and Sales Administration
Division
July 1998
Director and General Manager of General
Planning Division and Accounting Division
July 2002
Director and Senior General Manager ofMerchandising Division and General Manager
Kumiko Otsuka
of Public Relations Division(February 26, 1968)
Apr. 2004
Advisor0
July 2005
Representative Director of Qualia Consulting,
New election
LimitedOutsideIndependent
Jan. 2007
Managing Director of Frontier Management
Inc.
Mar. 2009
President and Representative Director of
Otsuka Kagu, Limited
July 2014
DirectorJan. 2015
President and Representative Director
Dec. 2020
Representative Director of Qualia Consulting,
Limited (current position)[Significant concurrent positions outside the Company]
Representative Director of Qualia Consulting, Limited
Reasons for nomination as a candidate for outside Director and overview of expected roles
Kumiko Otsuka has a background of participating in management of companies as Representative Director andPresident of Otsuka Kagu, Limited and in other positions, and therefore has abundant experience, track record, andinsight. With the expectation that she will help significantly improve corporate value and strengthen the management
supervision function of the Group by offering beneficial opinions and guidance on the Group’s management from an
objective and professional point of view, based on such abundant experience, track record, and insight, the Company
has nominated her as a candidate for new outside Director.
There are no special interests between each candidate and the Company.
Descriptions in the parts of the candidates’ “Career summary, position and responsibility in the Company” and “Significant
concurrent positions outside the Company” include their position and responsibility at present or during the past ten years
as executive at Makis Inc., a parent company, etc. of the Company, if applicable.
Mr. Maki plans to retire from the position of Member of the Board of Saison Information Systems Co., Ltd. at theconclusion of the Annual General Meeting of Shareholders of Saison Information Systems Co., Ltd. to be held in June
2023.
Mr. Miyajima and Ms. Otsuka meet the requirements for an independent officer specified by the Tokyo Stock Exchange
and Nagoya Stock Exchange; the Company therefore has appointed them as independent officer and submitted notification
to both exchanges.
The Company has entered into a directors and officers liability insurance contract stipulated in Article 430-3, paragraph(1) of the Companies Act with an insurance company, which will cover damage that may be incurred by Directors of theCompany as a result of assuming responsibility for the execution of their duties or receiving claims related to the pursuitof such responsibility. If the candidates are appointed and assume the office of Director, they will become the insured
under the insurance contract. The content of the insurance contract will be the same at the next renewal.
The Company has entered into an agreement which limits liability for damages pursuant to the provisions of Article 423,
paragraph (1) of the Companies Act (the “liability limitation agreement”) with Mr. Tsusaka and Mr. Maki (Daisuke). The
limit of liability under the agreement shall be the amount provided for as the minimum liability amount by Article 425,
paragraph (1) of the Companies Act. If their re-election is approved, the Company plans to continue the agreement witheach of them. In addition, if the election of Mr. Miyajima and Ms. Otsuka is approved, the Company plans to enter into
the liability limitation agreement with each of them. The limit of liability under the agreement shall be the amount provided
for as the minimum liability amount by Article 425, paragraph (1) of the Companies Act.
In the Japanese original of the career summary for Mr. Miyajima, “(current position)” is indicated for his position for May
2023. However, this was revised and translated as “(scheduled)” in the English version of this notice to accurately reflect
the information as of the date the notice was prepared. Mr. Miyajima assumed the office of Director of KYUSHU- 13 -

HIGHTECH Co., ltd. on June 1, 2023. In addition, this note has been added only to the English version of this notice anddoes not appear in the Japanese original.

- 14 -

Proposal No. 3:

Election of Three (3) Directors Who Are Audit and Supervisory Committee Members

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee.
Therefore, the Company proposes the election of three (3) Directors who are Audit and Supervisory Committee
Members.
The Company has obtained the consent to this proposal from the Board of Auditors.
This proposal shall be effective on the condition that the amendments to the Articles of Incorporation in Proposal No.
1 “Partial Amendment to the Articles of Incorporation” become effective.
The candidates for Director who is an Audit and Supervisory Committee Member are as follows:
Candidate
Name
No.
1
Masanao Tsuzuki

Current position in the Company
Full-Time Auditor

2

Shogo Kimura

Outside Auditor

3

Jun Kamiya

Outside Director

New election
New election
OutsideIndependent
New election
OutsideIndependent

New election: Candidate for Director to be newly elected
Outside: Candidate for outside Director
Independent: Candidate for independent officer as defined by the stock exchange
Candidate
No.

Name(Date of birth)
Masanao Tsuzuki(October 19, 1955)
New election

1

Career summary, position and responsibility in the Company
July 1992
May 2005
May 2014
June 2016

Joined Melco Inc. (currently Buffalo Inc.)
Director of Buffalo Inc.
Auditor of Buffalo Inc. (current position)
Full-Time Auditor of the Company (current
position)[Significant concurrent positions outside the Company]
Auditor of Buffalo Inc.

Number of theCompany’s shares
owned

3,204

Attendance at meetings of theBoard of Directors
15/15 meetings
Reasons for nomination as a candidate for Director who is Audit and Supervisory Committee Member
Masanao Tsuzuki has been in charge of the areas of product development, quality control and technological support andserved as Director and General Manager at Buffalo Inc. for many years, and therefore has abundant experience and agood track record. He is currently auditing management of the Company as Full-Time Auditor of the Company. With an
expectation that he will continue to audit management of the Company based on his abundant experience and a goodtrack record, the Company has nominated him as a candidate for new Director who is Audit and Supervisory Committee
Member.

- 15 -

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1997

2

Number of theCompany’s shares
owned

Assistant Professor of Sugiyama Jogakuen
University
Apr. 1999
Assistant Professor of School of Economics ofNagoya University
Apr. 2000
Assistant Professor of Graduate School of
Economics
Apr. 2004
Professor of Graduate School of Economics(current position)
Apr. 2012
Dean of Graduate School of Economics
Dean of School of Economics
Apr. 2015
Trustee
Shogo Kimura
Vice President (current position)(October 26, 1962)
Apr. 2017
Director of Development Office (current
position)
Director of Financial Strategy Section (current
New election
position)0
OutsideJune 2017
Director of Maki Makoto Foundation (current
Independent
position)
Apr. 2020
Chancellor’s Adviser of Tokai National Higher
Attendance at meetings of the
Education and Research System (current
Board of Directors
position)
14/15 meetings
July 2020
Auditor of The University of Nagoya Press
June 2021
Outside Auditor of the Company (current
position)[Significant concurrent positions outside the Company]
Vice President of Nagoya University
Professor of Graduate School of Economics
Director of Development OfficeDirector of Financial Strategy Section
Chancellor’s Adviser of Tokai National Higher Education andResearch System
Director of Maki Makoto Foundation
Reasons for nomination as a candidate for outside Director who is Audit and Supervisory Committee Member andoverview of expected roles
Shogo Kimura has not been involved in management of a company, but has deep knowledge on accounting as auniversity professor specializing in accounting studies, has experience of serving as Vice President and Trustee of
Nagoya University, and currently is auditing management of the Company as outside Auditor of the Company. With an
expectation that he will continue to audit management of the Company based on his deep expertise and knowledge fromthe position independent from management of the Company, the Company has nominated him as a candidate for new
outside Director who is Audit and Supervisory Committee Member.

- 16 -

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1981
Oct. 1995

3(Notes) 1.
2.
3.
4.
5.

6.

Number of theCompany’s shares
ownedJoined Brother Industries, Ltd.
Director & President of Brother International
Corporation (Canada) Ltd.
Apr. 1999
General Manager of Business Machines
Jun Kamiya
Division of Brother Sales, Ltd.
(February 11, 1959)
June 2001
Director
June 2003
Director & Managing Executive Officer
June 2005
Representative Director & President
New election
Apr. 2008
Executive Officer of Brother Industries, Ltd.
0
OutsideDec. 2009
Representative Director & Chairman of Xing
IndependentInc.
Apr. 2010
Group Managing Executive Officer of Brother
Attendance at meetings of theIndustries, Ltd.
Board of Directors
June
2014
Director & Managing Executive Officer
11/11 meetings
June 2022
Outside Director of the Company (current
position)[Significant concurrent positions outside the Company]
None
Reasons for nomination as a candidate for outside Director who is Audit and Supervisory Committee Member andoverview of expected roles
Jun Kamiya has a background of participating in management of a corporate group as Director & Managing Executive
Officer of Brother Industries, Ltd. and officer of its domestic and overseas group companies, and therefore has abundant
experience, a good track record, and insight. Currently, he has been actively making remarks in the Board of Directors
as outside Director of the Company, offering beneficial opinions and guidance on the Group’s management from an
objective and professional point of view. With an expectation that he will continue to audit management of theCompany based on his abundant expertise, a good track record and knowledge from the position independent frommanagement of the Company, the Company has nominated him as a candidate for new outside Director who is Audit
and Supervisory Committee Member.
There are no special interests between each candidate and the Company.
Mr. Kimura is currently outside Auditor of the Company, and his term of office as outside Auditor will have been two
years as of the conclusion of this general meeting.
Mr. Kamiya is currently outside Director of the Company, and his term of office as outside Director will have been one
year as of the conclusion of this general meeting.
The Company has notified the Tokyo Stock Exchange and Nagoya Stock Exchange of Mr. Kimura and Mr. Kamiya as
independent officers specified by both exchanges.
The Company has entered into a directors and officers liability insurance contract stipulated in Article 430-3, paragraph(1) of the Companies Act with an insurance company, which will cover damage that may be incurred by Directors of theCompany as a result of assuming responsibility for the execution of their duties or receiving claims related to the pursuitof such responsibility. If the candidates are appointed and assume the office of Director who is Audit and Supervisory
Committee Member, they will become the insured under the insurance contract. The content of the insurance contract willbe the same at the next renewal.
The Company has entered into an agreement which limits liability for damages pursuant to the provisions of Article 423,
paragraph (1) of the Companies Act (the “liability limitation agreement”) with Mr. Tsuzuki and Mr. Kimura. The limit ofliability under the agreement shall be the amount provided for as the minimum liability amount by Article 425, paragraph(1) of the Companies Act. If their election is approved, the Company plans to enter into an agreement with each of themthat has the same content as this agreement. The Company has also entered into an agreement which limits liability fordamages with Mr. Kamiya. The limit of liability under the agreement shall be the amount provided for as the minimum
liability amount by Article 425, paragraph (1) of the Companies Act. If his election is approved, the Company plans tocontinue the agreement with him.

- 17 -

(Reference) Skill Matrix (to be applied after this general meeting of shareholders)
The skill matrix of the Directors, which will apply upon approval of Proposal No. 2 and Proposal No. 3 as proposed,
is as follows.

Name

Director who
is not Audit
andSupervisory
Committee
MemberDirector who
is Audit andSupervisory
Committee
MemberHiroyuki
Maki
Yoshimasa
NagaseManabuYano
ChisatoNakayama
Tamio
MatsuoIwao
Tsusaka
Daisuke
Maki
Hiroyuki
Miyajima
KumikoOtsukaMasanao
Tsuzuki
Shogo
KimuraJun
KamiyaIT-related
Knowledge in theindustry
Experience

Businessmanagement

Sales
Marketing

●

●

●

●

●

●

Finance
Accounting

Technology

IR

M&A

●
●

●

●
●

●
●

Compliance

●
●

●
●

●

●

●

●

●
●

●

●

●

●

●

●

●

●

●

●

●
●

●
●

●

●

●

- 18 -

Proposal No. 4:

Election of Two (2) Substitute Directors Who are Audit and Supervisory Committee Members

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee.
Therefore, the Company proposes the election of two (2) substitute Directors who are Audit and Supervisory
Committee Members to provide against a case where the number of Directors who are Audit and Supervisory
Committee Members falls short of the number stipulated by laws and regulations.
Among the candidates for substitute Directors who are Audit and Supervisory Committee Members, the Company
proposes the election of Iwao Tsusaka as a substitute for Director who is Audit and Supervisory Committee Member(excluding outside Director), and Kumiko Otsuka as a substitute for outside Director who is Audit and Supervisory
Committee Member.
If they assume the office of Director who is Audit and Supervisory Committee Member, their terms of office will be
the predecessor’s remaining period.
The effect of this election may be canceled by the resolution of the Board of Directors with the consent of the Audit
and Supervisory Committee only before assuming the office.
The Company has obtained the consent to this proposal from the Board of Auditors.
This proposal shall be effective on the condition that the amendments to the Articles of Incorporation in Proposal No.
1 “Partial Amendment to the Articles of Incorporation” become effective.
The candidates for substitute Director who is Audit and Supervisory Committee Member are as follows:
Candidate
Name
No.
1
Iwao Tsusaka
2

Kumiko Otsuka

Current position in the Company
Director

New election
New election
OutsideIndependent–

New election: Candidate for Director to be newly elected
Outside: Candidate for outside Director
Independent: Candidate for independent officer as defined by the stock exchange
Candidate
No.

Name(Date of birth)Iwao Tsusaka(May 28, 1957)
New election

1

Career summary, position and responsibility in the Company
Head of Iwao Tsusaka Certified Public
Accountant Office (current position)
Oct. 1999
Auditor of Buffalo Inc. (currently theCompany)
June 2004
Director of the Company (current position)[Significant concurrent positions outside the Company]
Head of Iwao Tsusaka Certified Public Accountant Office

Number of theCompany’s shares
owned

Oct. 1992

8,654

Attendance at meetings of theBoard of Directors
15/15 meetings
Reasons for nomination as a candidate for substitute Director who is Audit and Supervisory Committee Member
Iwao Tsusaka has been conducting business as an independent certified public accountant for many years and hasabundant experience and expertise. He has also served as Director of the Company for many years. The Company has
judged that he can serve immediately as Director who is Audit and Supervisory Committee based on his knowledge andexperience, and nominated him as a candidate for a substitute Director who is Audit and Supervisory Committee
Member.

- 19 -

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company
Apr. 1991
Apr. 1994

2(Notes) 1.
2.
3.

4.

5.

Number of theCompany’s shares
ownedJoined The Fuji Bank, Limited
Joined Otsuka Kagu, Limited, General Manager
of Corporate Planning Office
Mar. 1996
Director and General Manager of Corporate
Planning Division and Sales Administration
Division
July 1998
Director and General Manager of General
Planning Division and Accounting Division
July 2002
Director, Senior General Manager ofKumiko Otsuka
Merchandising Division and General Manager(February 26, 1968)of Public Relations Division
Apr. 2004
Advisor0
July 2005
Representative Director of Qualia Consulting,
New election
LimitedOutsideJan. 2007
Managing Director of Frontier Management
Independent
Inc.
Mar. 2009
President and Representative Director of
Otsuka Kagu, Limited
July 2014
DirectorJan. 2015
President and Representative Director
Dec. 2020
Representative Director of Qualia Consulting,
Limited (current position)[Significant concurrent positions outside the Company]
Representative Director of Qualia Consulting, Limited
Reasons for nomination as a candidate for substitute outside Director who is Audit and Supervisory Committee Member
and overview of expected roles
Kumiko Otsuka has a background of participating in management of companies as Representative Director andPresident of Otsuka Kagu, Limited and in other positions, and therefore has abundant experience, track record, andinsight. The Company has judged that she can serve immediately as outside Director who is Audit and Supervisory
Committee based on her abundant experience, a good track record and knowledge, and nominated her as a candidate fora substitute outside Director who is Audit and Supervisory Committee Member.
There are no special interests between each candidate and the Company.
Ms. Otsuka is a candidate for substitute outside Director.
Ms. Otsuka meets the requirements for an independent officer specified by the Tokyo Stock Exchange and Nagoya Stock
Exchange; the Company therefore has appointed her as independent officer and submitted notification to both exchanges.
If she assumes the office of Director who is Audit and Supervisory Committee Member, she will continue to be an
independent officer.
The Company has entered into a directors and officers liability insurance contract stipulated in Article 430-3, paragraph(1) of the Companies Act with an insurance company, which will cover damage that may be incurred by Directors of theCompany as a result of assuming responsibility for the execution of their duties or receiving claims related to the pursuitof such responsibility. If the candidates assume the office of Director who is Audit and Supervisory Committee Member,they will become the insured under the insurance contract. The content of the insurance contract will be the same at thenext renewal.
The Company has entered into an agreement which limits liability for damages pursuant to the provisions of Article 423,
paragraph (1) of the Companies Act (the “liability limitation agreement”) with Mr. Tsusaka. The limit of liability under
the agreement shall be the amount provided for as the minimum liability amount by Article 425, paragraph (1) of theCompanies Act. If he assumes the office of Director who is Audit and Supervisory Committee Member, the Company
plans to continue this agreement with him. If Ms. Otsuka assumes the office of Director who is not Audit and Supervisory
Committee Member under Proposal No. 2, the Company plans to enter into an agreement which limits liability for damages
with her. The limit of liability under the agreement shall be the amount provided for as the minimum liability amount by
Article 425, paragraph (1) of the Companies Act. If she assumes the office of Director who is Audit and Supervisory
Committee Member, the Company plans to continue this agreement with her.

- 20 -

Proposal No. 5:

Determination of the Amount of Remuneration for Directors (Excluding Directors Who are
Audit and Supervisory Committee Members)

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee.
The amount of remuneration for Directors of the Company that has been used until today is ¥300,000,000 or lower
per year, which was approved by the Extraordinary General Meeting of Shareholders held on June 27, 2003. Due tothe transition to a company with audit and supervisory committee, the Company decided to abolish that amount anddetermine a new amount of remuneration for Directors (excluding Directors who are Audit and Supervisory
Committee Members), and proposes the amount be ¥300,000,000 or lower per year (including ¥50,000,000 or lower
per year for outside Directors).
While previously the Company had proposed to the general meeting of shareholders that bonuses be paid to officers
separately from the established amount of remuneration for Directors and the general meeting of shareholders had
resolved it, the amount of remuneration proposed to this general meeting shall include the amount of bonuses forofficers.
In addition, the Company proposes that this amount of remuneration exclude employees’ portion in salary andbonuses of Directors who concurrently serve as employees.
This proposal is decided by the Board of Directors upon deliberation by the Remuneration Committee, which wasestablished voluntarily by the Company, considering the business size of the Company, the officer remuneration
system and its level of payment, the current number of officers and the future trends, and is considered appropriate.
The current number of Directors is eleven (including four outside Directors), and if Proposal No. 1 “Partial
Amendment to the Articles of Incorporation” and Proposal No. 2 “Election of Nine (9) Directors (Excluding Directors
Who Are Audit and Supervisory Committee Members)” are approved and resolved as proposed, the number of
Directors (excluding Directors who are Audit and Supervisory Committee Members) relevant to this proposal will
be nine (including two outside Directors).
This proposal shall be effective on the condition that the amendments to the Articles of Incorporation in Proposal No.
1 “Partial Amendment to the Articles of Incorporation” become effective.

- 21 -

Proposal No. 6:

Determination of the Amount of Remuneration for Directors Who are Audit and Supervisory
Committee Members

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee.
Therefore, the Company proposes the amount of remuneration for Directors who are Audit and Supervisory
Committee Members be ¥50,000,000 or lower per year.
This proposal is decided comprehensively considering the business size of the Company, the officer remuneration
system and its level of payment, and the current number of officers, and is considered appropriate.
If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” and Proposal No. 3 “Election of Three (3)Directors Who Are Audit and Supervisory Committee Members” are approved and resolved as proposed, the number
of Directors who are Audit and Supervisory Committee Members relevant to this proposal will be three.
This proposal shall be effective on the condition that the amendments to the Articles of Incorporation in Proposal No.
1 “Partial Amendment to the Articles of Incorporation” become effective.

- 22 -

Proposal No. 7:

Payment of Bonuses to Officers

Taking into account the business results, etc. for the fiscal year under review, the Company proposes to pay bonuses
to Directors in a total amount of ¥15,840,000. Among the eleven Directors in office as of the end of the fiscal year
under review, the payment will be made to three executive Directors.
The Company also proposes the specific amount to be paid to each Director be left to the resolution of the Board of
Directors.
This proposal is decided by the Board of Directors upon deliberation by the Remuneration Committee, which wasestablished voluntarily, considering comprehensively the business results, etc. of the Company during the fiscal year
under review, and is considered appropriate.

- 23 -

Proposal No. 8:

Presentation of Retirement Allowance to Retiring Directors and Retiring Auditors

If Proposal No. 1 “Partial Amendment to the Articles of Incorporation” is approved and resolved as proposed, theCompany makes the transition to a company with audit and supervisory committee. Therefore, the Company
proposes to present the following Directors and Auditors who will retire due to the expiration of their terms of officeat the conclusion of this general meeting of shareholders with retirement allowance within an appropriate amount inaccordance with a certain standard set by the Company in order to reward them for their service during their termsof office.
The Company also proposes the specific amount and the timing and method of presentation be left to the Board of
Directors in the case of the retiring Directors, and to the discussion of Directors who are Audit and Supervisory
Committee Members in the case of the retiring Auditors.
This proposal requests approval for aggregating the amounts of the allowances recorded for each fiscal year during
the term of office in accordance with the officer retirement allowance regulations and paying an amount within theaggregated amount, and the content is considered appropriate.
The career summary of the retiring Directors and the retiring Auditors is as follows:
Name
Kenichi Fukuhara
Ichiro Hirata
Shigeru Sasaki
Jun Kamiya
Masanao Tsuzuki
Takehiko Inoue
Shinji Shibagaki
Masashi Kitamura
Shogo Kimura

June 2019
June 2019
June 2021
June 2022
June 2016
June 2020
June 2019
June 2019
June 2021

Career summary
Outside Director of the Company (current position)
Outside Director of the Company (current position)
Outside Director of the Company (current position)
Outside Director of the Company (current position)
Full-Time Auditor of the Company (current position)
Full-Time Auditor of the Company (current position)
Outside Auditor of the Company (current position)
Outside Auditor of the Company (current position)
Outside Auditor of the Company (current position)- 24 -