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. The Company assumes noresponsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

Securities Code: 6995
June 10, 2020
Dear Shareholders:Hiroyoshi Ninoyu
President
TOKAI RIKA CO., LTD.
3-260 Toyota, Oguchi-cho, Niwa-gun, Aichi, Japan

Notice of Resolutions ofthe 73rd Ordinary General Meeting of Shareholders
We would like to express our appreciation for your continuous support.
The following matters were reported and resolved at the 73rd Ordinary General Meeting of Shareholders of TOKAI
RIKA CO., LTD. (the “Company”).
Reports
1. The Business Report, the Consolidated Financial Statements and Non-Consolidated Financial Statements forthe 73rd fiscal year (from April 1, 2019 to March 31, 2020)
2. The results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit &Supervisory Board
The contents of the above were duly reported.
Resolutions
Proposal No. 1:

Proposal No. 2:

Appropriation of Surplus
The proposal was approved and resolved as originally proposed. The year-end dividends forthe 73rd fiscal year were decided to be ¥30 per share. Accordingly, the total amount ofannual dividends for 73rd fiscal year were decided to be ¥62 per share.
Partial Amendment to the Articles of Incorporation
The proposal was approved and resolved as originally proposed.
The amendment is described below.
(The approved amendment is underlined.)

Before Amendment

After Amendment

Chapter 1 General Provisions

Chapter 1 General Provisions(Purpose)
Article 2. The purpose of the Company shall be to engage in the1.

(Purpose)
Article 2. (Unchanged)

following business activities:
Manufacture and sale of parts for automobiles

1.

Manufacture and sale of parts for automobiles,

2.

Manufacture and sale of general electrical equipment2.

industrial vehicles, and transport equipment
Manufacture and sale of general electrical and3.

and parts thereof
Manufacture and sale of general machinery and parts

3.

electronic equipment and parts thereof(Unchanged)

4.

thereof
Manufacture and sale of medical devices and parts

4.

(Unchanged)

5.

Provision of services, development of software, andthereof(To be newly established)5.

manufacture and sale of equipment and systems for
information communication

All businesses that are incidental to those mentioned
in the preceding items

6.

-1-(Unchanged)

Proposal No.3:

Election of Six (6) Directors
The proposal was approved and resolved as originally proposed. 5 candidates, namely,Messrs. Koki Sato, Kazuhiko Noguchi, Hiroshi Nishida, Yasushi Yamanaka, and Kei
Fujioka were reelected, and Mr. Hiroyoshi Ninoyu was newly elected as Members of theBoard and assumed office. Two Directors, namely, Mr. Yasushi Yamanaka and Mr. Kei
Fujioka are “Outside Directors”.

Proposal No. 4:

Election of Two (2) Audit & Supervisory Board Members
The proposal was approved and resolved as originally proposed. Mr. Masato Hotta and Mr.
Minoru Chida were newly elected as Audit & Supervisory Board Members and assumed
office. Mr. Minoru Chida is an “Outside Audit & Supervisory Board Member”.

Proposal No. 5:

Payment of Bonuses to Directors
The proposal was approved and resolved as originally proposed. It was decided to pay
bonuses to eleven (11) Directors, excluding Outside Directors, who were incumbent at theend of the 73rd fiscal year in the total amount of ¥131,965,000.

Proposal No. 6:

Revision of Remuneration Amount for Outside Directors
The proposal was approved and resolved as originally proposed. It was decided to revise theamount of remuneration for Outside Directors only, to “up to ¥4 million per month,” withoutchanging the total amount of remuneration for Directors (up to ¥40 million per month).

Proposal No. 7:

Determination of Remuneration for the Allotment of Transfer-Restricted Shares toDirectors (Excluding Outside Directors)
The proposal was approved and resolved as originally proposed. It was decided to set thetotal amount of monetary remuneration claim issued to Directors (excluding OutsideDirectors) as remuneration for the allotment of transfer-restricted shares at ¥40 million at
maximum per year. Therefore, the total number of transfer-restricted shares allotted toDirectors (excluding Outside Directors) of the Company at 40,000 shares shall be the upper
limit of the number of transfer-restricted shares allotted in each fiscal year.

-2-At the Board of Director’s meeting held after the conclusion of the General Meeting of Shareholders,
Representative Directors and Directors with special titles were elected and assumed their respective offices.
Accordingly, the Company’s new Directors and Corporate Officers, including Corporate Officers who assumed
their respective offices at 1st April, 2020, and with whom special titles assumed their respective offices as of today
are as follows.
Member of the Board and Audit & Supervisory Board Members
President, Member of the Board
Hiroyoshi Ninoyu
Member of the Board
Koki Sato
Member of the Board
Kazuhiko Noguchi
Member of the Board
Hiroshi Nishida
Member of the Board
Yasushi Yamanaka
Member of the BoardKei Fujioka
Standing Audit & Supervisory Board Member
Isaki SugiuraStanding Audit & Supervisory Board Member
Masato Hotta
Audit & Supervisory Board Member
Tadashi Yamashina
Audit & Supervisory Board Member
Minoru Chida
Audit & Supervisory Board Member
Yoshinori Yamada
Notes:
1. Yasushi Yamanaka and Kei Fujioka are Outside Directors.
2. Tadashi Yamashina, Minoru Chida and Yoshinori Yamada are Outside Audit & Supervisory Board Members.
Corporate Officers
President
Hiroyoshi Ninoyu *Executive Vice President
Koki Sato*
Executive Vice President
Kazuhiko Noguchi*
Corporate OfficerYoshihiro Tanaka
Corporate Officer
Hideki Ono
Corporate Officer
Shigeru Hayashi
Corporate Officer
Kazuhiro Ikai
Corporate Officer
Toshiki Nogami
Corporate Officer
Toshiki Akita
Corporate Officer
Koki Imaeda
Corporate Officer
Hiroshi Nishida*
Corporate Officer
Yoshihiro Kondo
Corporate Officer
Masahiko Sato
Corporate Officer
Taketoshi Sakurai
Note: The asterisk (*) indicates that the officer doubles as a Member of the Board of Directors.

-3-