June 27, 2016
Company name: Tokuyama Corporation
Representative: Hiroshi Yokota,President and Representative Director(Code No. 4043, First Section TSE)
Contact: Taro Kobayashi, General Manager
Corporate Communications & Investor Relations Dept.
TEL: +81-3-5207-2552

Notice concerning the Completion of Payment for an Issuance of Class Shares by Third-Party
Allotment, the Coming into Effect of Decreased in Capital Stock and Legal Capital Surplus

Tokuyama Corporation (hereinafter referred to as the “Company”, “Tokuyama” or “we”) hereby announces
that, as of today, the payment for the issuance of the Class A shares, which was announced in the “Noticeconcerning Issuance of Class Shares by Third-Party Allotment, Partial Amendments to the Articles ofIncorporation, Reduction of Amounts of Capital Stock, Legal Capital Surplus and Legal Retained Earnings,
Appropriation of Surplus, and Reduction of Capital Stock and Legal Capital Surplus Concurrent withIssuance of Shares” dated May 12, 2016, has been completed, and the Class A shares were issued.
In addition, the Company also announces that, with the issuance, the decreases in capital stock and legal
capital surplus which were announced in the above press release have come into effect.
I. Issuance of Class A Shares
1. Overview of Issuance of the Class A Shares(1)

Payment dateJune 27, 2016

(2)

Number of shares issued

20,000 shares(3)

Issued price

1,000,000 yen per share(4)

Amounts of procurement
funds

(5)
(6)

20,000,000,000 yen

Capital stock and legal capital

Capital stock

10,000,000,000 yen (500,000 yen per share)

surplus increased

Legal capital surplus 10,000,000,000 yen (500,000 yen per share)

Subscription and allotment

Allotted by a third party allotment method.

method (Allottee)

Japan Industrial Solutions Fund I

20,000 sharesWith this completion of the payment for an issuance of Class A shares, the election of Mr. Hiroshi Akao tothe external director, which was approved at the 152nd ordinary general meeting of shareholders held on June24, 2016, has formally taken effect.

2. Changes in the Total Number of Issued Shares by a Third Party Allotment and Amount of Capital Stock
Total number of issued

Total number of issued

Amount of Capital Stockcommon sharesClass A Shares(Note)

Before the issuance349,671,876 shares

0 shares10,000,000,000 yen

After the issuance349,671,876 shares

20,000 shares

20,000,000,000 yen(Note) As indicated below, although the decrease in capital stock has come into effect, the amount ofcapital stock after the issuance as indicated above is the amount before the decrease in capital stock
comes into effect.

II. Decrease in Capital Stock and Legal Capital Surplus
1. Decrease in Capital Stock and Increase in Other Capital Surplus
Based on the provision of Article 447, Paragraph 1 of the Companies Act, the Company decreased capitalstock by 10,000,000,000 yen and transferred the total amount of the capital stock decrease to other capitalsurplus.
2. Decrease in Legal Capital Surplus and Increase in Other Capital Surplus
Based on the provision of Article 448, Paragraph 1 of the Companies Act, the Company decreased legal
capital surplus by 10,000,000,000 yen and transferred the total amount of the legal capital surplus to othercapital surplus.
After the decreases in capital stock and legal capital surplus as indicated above came into effect, theCompany’s capital stock, legal capital surplus and other capital surplus became 10,000,000,000 yen, 0 yen and
39,200,222,346 yen, respectively.