June 22, 2017
To: Shareholders,Company name: Tamagawa Holdings Co., Ltd.
Representative name: Toru Masuzawa, President
Contact: Katsuya Kubo, Finance and Accounting Division
Tel: 03-6435-6933

Partial Corrections of the Matters Listed in the Notice of Convocation

We apologize that there are some corrections to be done to the matters listed in our “Notice ofthe 49th Annual Meeting of Shareholders.”

Such corrections shall be posted on the Website.

Correction parts (underlined)

I. “Notice of the 49th Annual Meeting of Shareholders” p.28
5. Notes for the Consolidated Balance Sheet<Before correction>(snip)
c. The balance of outstanding lease fee for the above shall be 1,197,402,000 yen.

(2) Accumulated depreciation amount of tangible fixed asset: 1,187,465,000 yen

<After correction>(snip)
c. The balance of outstanding lease fee for the above shall be 1,197,402,000 yen.
(2) Guaranteed debt
Our group undertakes debt guaranty for advance payment reimbursement debt, etc.
incurred by the contractor for the lease company before delivery of the Property forconstruction of the power plant.
Guaranteed
Amount of debt guarantyWest Energy Solution Inc.

1,117,800,000yen

264,600,000yen
KCCS Mobile Engineering Co., Ltd.
Details of the lease agreement for the above shall be as listed in “Table of Consolidated
Notes 11. Other notes.”(3) Accumulated depreciation amount of tangible fixed asset: 1,187,465,000yen

II. “Notice of the 49th Annual Meeting of Shareholders” p.37
4.

Notes for the Balance Sheet<Before correction>(2) Debt guaranty
We undertake debt guaranty for the loan from the financial institution and the balance ofoutstanding lease fee for the lease company as follows.
Tamagawa Energy Co., Ltd.
396,742,000 yen
GP Energy Co., Ltd.
132,729,000 yen
GP Energy 3 Co., Ltd.
774,540,000 yen
GP Energy 5 Co., Ltd.
422,862,000 yen
Total
1,726,873,000 yen<After correction>(2) Debt guaranty①We undertake debt guaranty for the loan from the financial institution and the balance ofoutstanding lease fee for the lease company as follows.
Tamagawa Energy Co., Ltd.
GP Energy Co., Ltd.
GP Energy 3 Co., Ltd.
GP Energy 5 Co., Ltd.
Total

396,742,000 yen
132,729,000 yen
774,540,000 yen
422,862,000 yen
1,726,873,000 yen②We and our subsidiary, GP Energy 2 Co., Ltd. undertake debt guaranty for advancepayment reimbursement debt, etc. incurred by the contractor for the lease company before
delivery of the Property for construction of Goto City mega solar plant.

Guaranteed

Amount of debt guaranty
1,117,800,000yen

West Energy Solution Inc.

(Additional information)
We undertake debt guaranty for the lease agreement entered into by our subsidiary,
GP Energy 2 Co., Ltd. for construction of such plant as follows.
Amount of debt
Lease agreement date
Lease starting dateguaranty
2,934,000,000yen
Jan 15, 2017
April 2018 (planned)③We and our subsidiary, GP Energy 6 Co., Ltd. undertake debt guaranty for advancepayment reimbursement debt, etc. incurred by the contractor for the lease company before
delivery of the Property for construction of Noboribetsu City mega solar plant.
Guaranteed

Amount of debt guaranty

KCCS Mobile Engineering Co., Ltd.

264,600,000yen(Additional information)
We undertake debt guaranty for the lease agreement entered into by our subsidiary,GP Energy 6 Co., Ltd. for construction of such plant as follows.
Amount of debt guaranty
Lease agreement date
Lease starting date
711,000,000yen

Oct 31, 2016

August 2017 (planned)

III. “Notice of the 49th Annual Meeting of Shareholders” p.41
10. Notes for important subsequent events<Before correction>(Debt guaranty for installment payment of installment sale agreement of the consolidatedsubsidiary)(snip)
The fixed asset was purchased on April 3, 2017 under such installment sale agreement
and total amount of our debt guaranty for installment payment of the limited liability company,
GP Energy B is 1,280,000,000yen.
<After correction>(Debt guaranty and execution of loan for installment payment of installment sale agreement of
the consolidated subsidiary)(snip)
The fixed asset was purchased on April 3, 2017 under such installment sale agreement
and total amount of our debt guaranty for installment payment of the limited liability company,
GP Energy B is 1,280,000,000yen.
In addition, the down payment of 200,000,000 was paid on April 28, 2017, and the balanceなお、of the debt guaranty is 1,080,000,000yen.
The following amount has been loaned to the subsidiary limited liable company, GPEnergy B as the payment fund for such down payment.
Loan amount

216,000,000yen

Interest

1.5%

Loan execution date

April 27, 2017

Repayment due

March 31, 2020