May 18, 2018

Notice Concerning Partial Amendments to the Articles of Incorporation
Nikon Corporation (the “Company”) hereby announces that it has resolved at the Board of Directors’
meeting held today, to propose the partial amendments to the Articles of Incorporation at the 154th Annual
General Shareholders’ Meeting which is to be held on June 28, 2018.
1. Reasons for the Amendments
The Company has long considered corporate governance to be an important managerial challenge and has
been making efforts to strengthen necessary systems. The Company is striving to achieve sustainable growthof the Nikon Group and enhancement of its corporate value over the medium-to-long term, by further
improving management efficiency and transparency as well as strengthening the supervisory function overmanagement. For example, in 2001, the Company introduced the executive officer system, and in 2016, theCompany transitioned to a company with an Audit and Supervisory Committee.
The Company has decided to set forth a new provision for its Articles of Incorporation, whereby thePresident of the Company will be appointed from among its Officers. This decision is aimed at clarifying
how the Company understands the roles and responsibilities of its Officers, and clarifying that the position ofthe President, who is most responsible for overall management of the Company, is not that of a Director butthat of an Officer. In connection with this, the Company will partially amend the provision regarding thechairman of general shareholders’ meetings and the Directors with Executive Power in its Articles ofIncorporation.
Please be advised that the Company has changed the term of office of its Officers which used to commenceon the day of the Board of Directors’ meeting that is held immediately after the conclusion of the Annual
General Shareholders’ Meeting and end on the day of the conclusion of the Annual General Shareholders’Meeting that is held in the following year, to one year from April of each year to March of the following year,
effective from the year ending March 31, 2019. This change is intended to make the term of office of theOfficers coincide with the period of the Company’s business year so that the Officers’ duties andresponsibilities for managing and carrying out the Company’s business are more clarified.
2. Description of the Amendments
The Amendments are as described in the Appendix.
3. Schedule
Date of the Annual General Shareholders’ Meeting held to approve the amendments to the Articles ofIncorporation: June 28, 2018 (planned)
Effective date of the amendments to the Articles of Incorporation: June 28, 2018 (planned)

Appendix(Amendments are underlined.)
Current Articles of Incorporation

Proposed Amendments

Article 1 - Article 14 (Provision omitted)

Article 1 - Article 14 (Unchanged)(Chairman)
Article 15.
The President shall act as chairman of General
Shareholders’ Meetings. If there is no president or in
the event of an accident, another Director shall act aschairman in the order previously determined by theBoard of Directors.

(Chairman)
Article 15.
The President and Director shall act as chairman ofGeneral Shareholders’ Meetings. If there is noPresident and Director or in the event of an accident,
another Director shall act as chairman in the orderpreviously determined by the Board of Directors.

Article 16 - Article 18 (Provision omitted)

Article 16 - Article 18 (Unchanged)

Chapter IV. DIRECTORS AND BOARD OF
DIRECTORS

Chapter IV. DIRECTORS AND BOARD OF
DIRECTORS

Article 19 - Article 22 (Provision omitted)

Article 19 - Article 22 (Unchanged)(Representative Directors and Directors with
Executive Power)
Article 23.
The Board of Directors may elect one (1) Chairmanof the Board and one (1) President from among
Directors who are not Audit and Supervisory
Committee Members when necessary by resolution.
2. (Provision omitted)
3. (Provision omitted)(Representative Directors and Directors with
Executive Power)
Article 23.
The Board of Directors may elect one (1) Chairmanof the Board from among Directors who are not Audit
and Supervisory Committee Members whennecessary by resolution.
2. (Unchanged)
3. (Unchanged)

(New)
(New)

Article 24 - Article 33 (Provision omitted)(Executive Officers)
Article 24.
The Officers shall be elected by resolution of theBoard of Directors.
2. The Board of Directors may elect the President
from among the Officers, and may elect other
Officers with Executive Power.
Article 25 - Article 34 (Unchanged)

END