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
May 25, 2020
Dear Shareholders:
Kenji Miura,
President
TOKAI RIKA CO., LTD.
3-260 Toyota, Oguchi-cho, Niwa-gun, Aichi, Japan

Notice of the 73rd Ordinary General Meeting of Shareholders
You are cordially invited to attend the 73rd Ordinary General Meeting of Shareholders of TOKAI RIKA CO., LTD.
(the “Company”), which will be held as indicated below.
If you are unable to attend the meeting, you may exercise your voting rights in writing or by electronic means (theInternet, etc.). Please review the attached Reference Documents for the General Meeting of Shareholders andexercise your voting rights by 5:20 p.m. on Tuesday, June 9, 2020 (Japan Time).
1. Date and Time: Wednesday, June 10, 2020, at 10:00 a.m.
2. Venue:
Head Office of the Company
3-260 Toyota, Oguchi-cho, Niwa-gun, Aichi, Japan
3. Meeting Agenda
Reports
1. The Business Report, the Consolidated Financial Statements and Non-Consolidated Financial Statements
for the 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
Resolutions
Proposal No. 1
Appropriation of Surplus
Proposal No. 2
Partial Amendment to the Articles of Incorporation
Proposal No. 3
Election of Six (6) Directors
Proposal No. 4
Election of Two (2) Audit & Supervisory Board Members
Proposal No. 5
Payment of Bonuses to Directors
Proposal No. 6
Revision of Remuneration Amount for Outside Directors
Proposal No. 7
Determination of Remuneration for the Allotment of Transfer-Restricted Shares to
Directors (Excluding Outside Directors)--

Notes to Consolidated Financial Statements and Notes to Non-Consolidated Financial Statements are not included in the
documents (omitted from this translation) attached to this notice, but are posted on the Company’s website below (in Japaneseonly), pursuant to the provisions of laws and regulations and the Company’s Articles of Incorporation. The Consolidated Financial
Statements and Non-Consolidated Financial Statements audited by the Accounting Auditor and the Audit & Supervisory Board
include the Notes to Consolidated Financial Statements and Notes to Non-Consolidated Financial Statements posted on the
Company’s website, in addition to the documents (omitted from this translation) attached to this notice.
If there are any amendments to the Reference Documents for the General Meeting of Shareholders, the Business Report, theConsolidated Financial Statements, or the Non-Consolidated Financial Statements, the revised version will be posted on the
Company’s website below (in Japanese only):
Company’s Website: http://www.tokai-rika.co.jp/investors/-1-

Reference Documents for the General Meeting of Shareholders
Proposal No. 1

Appropriation of Surplus

The Company regards the interest of shareholders as an important management policy, and has a basic dividend
policy of determining the amount of dividends by comprehensively considering status of income, financial position
etc. as well as a target consolidated dividend payout ratio of 30% as a guide, while striving to maintain stabledividend payment.
Nevertheless, in view of actual earnings falling below the forecasts due to the spread of COVID-19, the Company
proposes to pay a year-end dividend for the 73rd fiscal year of ¥30 per share as follows, which is a decrease by ¥2
per share from the year-end dividend for the previous fiscal year.
Year-end dividends(1) Allotment of dividend property to shareholders and their aggregate amount¥30 per common share of the Company
Total payment: ¥2,737,491,000(2) Effective date of dividends of surplus
Thursday, June 11, 2020
Accordingly, the total amount of annual dividends for the 73rd fiscal year will be ¥62 per share (the consolidated
dividend payout ratio is 37%).

-2-

Proposal No. 2

Partial Amendment to the Articles of Incorporation

1. Reasons for amendment
In order to prepare for the expansion of the Company’s line of business and the future development of its
business in light of its present status and to clarify its purpose of business, it is intended to add and revise items
in Article 2 (Purpose) of the current Articles of Incorporation
2. Description of the amendment
The amendment is described below.
(The proposed amendment is underlined)
The Present Articles of Incorporation

Proposed 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

-3-

6.

(Unchanged)

Proposal No. 3

Election of Six (6) Directors

At the conclusion of this Ordinary General Meeting of Shareholders, the terms of office of all thirteen (13)currently serving Directors will expire.
The Company wishes to make it the role of the Directors to work on management issues from a medium to longterm perspective and supervise the operation of business carried out by corporate officers pursuant to the businessstrategies and business plan and draw a greater distinction between the supervisory role and the executive role.
Accordingly, the Company proposes the election of six (6) Directors, lowering the number of Directors fromthirteen (13) to six (6).
Before submitting this proposal to this Ordinary General Meeting of Shareholders, the Nomination Committee,
which is chaired by an Outside Director, has deliberated and reported on the matter.
The candidates for Director are as follows:
Candidat
e No.

Name

1

New election

Hiroyoshi Ninoyu

2

Reelection

Koki Sato

3

Reelection

Kazuhiko Noguchi

4

Reelection

Hiroshi Nishida

5

Reelection

Yasushi Yamanaka

6

Reelection

Kei Fujioka

Current position
Executive Vice President
Director, Member of the Board, Executive Vice
President
Director, Member of the Board, Executive Vice
President
Director, Member of the Board, Corporate Officer
Outside Director
Independent Director
Outside Director
Independent Director-4-

Director, Member of the Board
Director, Member of the Board

Candidate
No.

Name
(Date of birth)

Career summary and position
Apr. 1984
Apr. 2017
Jan. 2020

1

Hiroyoshi Ninoyu(January 2, 1962)
New election

2

Koki Sato(March 19, 1960)
Reelection

3

Kazuhiko Noguchi(January 6, 1957)
Reelection

Number of theCompany’s shares
ownedJoined Toyota Motor Corporation
Managing Officer
Executive Vice President of the Company(current position)[Responsibility]
Quality control and management[Reasons for the nomination as a candidate for Director]
Hiroyoshi Ninoyu has long years of experience at Toyota,
having been engaged at overseas production divisions andproduction control divisions, and more recently in vehicle
production plant management. We request his election as
Director to have his abundant experience, expertise and insightreflected in the management of the Company.
Apr. 1982
Joined the Company
Jan. 2006
General Manager, Safety Engineering Division,
Safety Business Group
June 2008
Vice President of Quality Safety Systems
Company (currently TRQSS, Inc.)
June 2010
Director, Member of the Board of the Company
June 2011
Corporate Officer
June 2013
Managing Director, Member of the Board
June 2016
Senior Managing Director, Member of the
Board
June 2018
Director, Member of the Board, Executive Vice
President (current position)[Responsibility]
Engineering, Project Planning, Sales[Significant concurrent positions outside the Company]
Chairman of the Board of TRAM, Inc.
[Reasons for the nomination as a candidate for Director]
Koki Sato has insight appropriate for a representative director of
the Company and abundant experience and track record inbusiness management and overseas production bases mainly inSales and Safety Business Groups of the Company. We request
his election as Director to have his abundant experience,expertise and insight reflected in the management of theCompany.
Apr. 1979
Joined the Company
Jan. 2005
General Manager, Oguchi Production Division,
Switch Business Group
Jan. 2008
President of TRMI, Inc.
June 2011
Corporate Officer of the Company
June 2014
Managing Director, Member of the Board
June 2017
Senior Managing Director, Member of the
Board
June 2018
Director, Member of the Board, Executive Vice
President (current position)[Responsibility]
Production Engineering, Production[Reasons for the nomination as a candidate for Director]
Kazuhiko Noguchi has experience and track record inengineering and production related business groups andoverseas production bases, primarily in the Switch BusinessGroup of the Company. We request his election as Director tohave his abundant experience, expertise and insight reflected in
the management of the Company.

-5-

13,100 shares

15,100 shares

11,700 shares

Candidate
No.

Name
(Date of birth)

Career summary and position
Apr. 1983
Jan. 2011
Jan. 2015
June 2015
June 2018

4

Hiroshi Nishida(September 13, 1959)
Reelection

5

Yasushi Yamanaka(March 10, 1957)
Reelection
Outside Director
Independent Director

6

Kei Fujioka(December 23, 1953)
Reelection
Outside Director
Independent Director

Joined Toyota Motor Corporation
Senior Vice President of Toyota Motor Sales,
U.S.A., Inc.
Associate Director of the Company
Corporate Officer
Director, Member of the Board (current
position)Managing Officer
Corporate Officer (current position)

Apr. 2019
Jan. 2020[Responsibility]
General Manager, Business Administration Group[Reasons for the nomination as a candidate for Director]
Hiroshi Nishida has experience and track record in business of
the Company in general in addition to deep expertise in financeand accounting and business administration in general at Toyota
Motor Corporation and the Company. We request his election as
Director to have his abundant experience, expertise and insightreflected in the management of the Company.
Apr. 1979
Joined Nippondenso Co., Ltd. (currently
DENSO CORPORATION)
June 2005
Executive Director
June 2014
Senior Executive Director
June 2015
Director, Member of the Board of the Company(current position)
June 2015
Executive Vice President of DENSOCORPORATION (current position)[Significant concurrent positions outside the Company]
Executive Vice President of DENSO CORPORATION[Reasons for the nomination as a candidate for Outside
Directors]
Yasushi Yamanaka has abundant experience and knowledge inproduct development, not to mention corporate management ingeneral, at DENSO CORPORATION as well as experience andtrack record in its overseas production bases. We request hiselection as Outside Director to have his abundant experience,expertise and insight reflected in the management of theCompany.
Apr. 1977
Joined MITSUI-SOKO Co., Ltd.
June 2012
President and CEO
Oct. 2014
President and CEO of MITSUI-SOKO
HOLDINGS Co., Ltd.
June 2017
Director, Member of the Board of the Company(current position)
June 2017
Advisor of MITSUI-SOKO HOLDINGS Co.,
Ltd. (current position)[Significant concurrent positions outside the Company]
Advisor of MITSUI-SOKO HOLDINGS Co., Ltd.
[Reasons for the nomination as a candidate for Outside
Directors]
Kei Fujioka has abundant knowledge in corporate management
and other areas and abundant experience in logistics at MITSUISOKO HOLDINGS Co., Ltd. We request his election as Outside
Director to have his abundant experience, expertise and insightreflected in the management of the Company.

-6-

Number of theCompany’s shares
owned

9,800 shares

1,000 shares

0 shares(Notes)

1. Yasushi Yamanaka serves concurrently as Director of the Company and Executive Vice President of DENSOCORPORATION, which has a commercial relationship with the Company and also competes with the Company inbusiness related to automobile parts. There is no special interest between the other candidates and the Company.
2. Yasushi Yamanaka and Kei Fujioka are candidates for Outside Director. The Company registered each of them with theTokyo Stock Exchange and the Nagoya Stock Exchange as Independent Director pursuant to the rules of each Stock
Exchange and plans to reappoint each of them as Independent Director if they are reelected.
3. At the conclusion of this Ordinary General Meeting of Shareholders, the tenures of Yasushi Yamanaka and Kei Fujioka
as Outside Director will have been five (5) years and three (3) years, respectively.
4. Pursuant to the provision of Article 427, paragraph (1) of the Companies Act, the Company has concluded an agreementwith each of Yasushi Yamanaka and Kei Fujioka to limit their liability for damages under Article 423, paragraph (1) of
the Companies Act. The maximum amount of their liability for damages under this agreement is the minimum liability
amount provided for by Article 425, paragraph (1) of the same Act. If Mr. Yamanaka and Mr. Fujioka are reelected, theCompany plans to renew the aforementioned agreements with each of them.

-7-Proposal No. 4

Election of Two (2) Audit & Supervisory Board Members

Masakazu Goto and Takeshi Uchiyamada, Audit & Supervisory Board Members, will resign from office at theconclusion of this Ordinary General Meeting of Shareholders. Therefore, the Company proposes the election of two(2) Audit & Supervisory Board Members.
For the submission of this proposal to this Ordinary General Meeting of Shareholders, a prior consent of the Audit& Supervisory Board has been obtained.
The candidates for Audit & Supervisory Board Member are as follows:
Candidate
No.

Name(Date of birth)

Career summary and position
Apr. 1982

1

2(Notes)

1.
2.
3.

4.

Number of theCompany’s shares
ownedJoined Toyota Motor Co., Ltd. (currently
Toyota Motor Corporation)
Jan. 2010
General Manager, North America Division
Jan. 2011
General Manager, Europe Division
Jan. 2014
Associate Director of the Company
June 2015
Corporate Officer
June 2018
Director, Member of the Board (current
Masato Hotta
position)(July 11, 1959)
7,300 shares[Reasons for the nomination as a candidate for Audit &New election
Supervisory Board Member]
Masato Hotta has abundant experience in overseas divisions andoverseas bases of Toyota Motor Corporation and abundant
experience and expertise mainly regarding Project Planning at
the Company where he held key positions including Director forlong years. We request his election as Audit & Supervisory
Board Member to have his abundant experience, expertise andinsight reflected in the management of the Company.
Apr. 1993
Joined Toyota Motor Corporation
Jan. 2019
General Manager, Advanced Body Technology
Development Division
July 2019
General Manager, Body Technology
Development Division (current position)[Significant concurrent positions outside the Company]
General Manager, Body Technology Development Division of
Minoru Chida
Toyota Motor Corporation(November 27, 1968)[Reasons for the nomination as a candidate for Outside Audit &New election
0 shares
Outside Audit & Supervisory Supervisory Board Member]
While Minoru Chida has no experience of direct involvement inBoard Member
the management of the company, he has been involved for longyears in the area of vehicle interior development and design at
Toyota Motor Corporation, and he has technical experience,expertise and insight in that area. We request his election as
Outside Audit & Supervisory Board Member to have hisabundant experience, expertise and insight reflected in the
management of the Company.
There is no special interest between any of the candidates and the Company.
Minoru Chida is a candidate for Outside Audit & Supervisory Board Member.
Minoru Chida is a management executive officer of Toyota Motor Corporation (Specified Affiliated Business Operator).
Mr. Chida has also received remuneration, etc. from Toyota Motor Corporation during the past two (2) years, and is
expected to continue to receive them.
If Minoru Chida is elected, the Company plans to conclude an agreement, pursuant to the provision of Article 427,
paragraph (1) of the Companies Act, with Mr. Chida to limit his liability for damages under Article 423, paragraph (1) of
the same Act. The maximum amount of his liability for damages under this agreement will be the minimum liability
amount provided for by Article 425, paragraph (1) of the same Act.

-8-

Proposal No. 5:

Payment of Bonuses to Directors

The Company proposes to pay bonuses to eleven (11) Directors, excluding Outside Directors, who were incumbent
at the end of the 73rd fiscal year in the total amount of ¥131,965,000 in consideration of the business performancefor the 73rd fiscal year and other factors.
Before submitting this proposal to the Ordinary General Meeting of Shareholders, the Remuneration Committee,
which is chaired by an Outside Director, has deliberated and reported on the matter.

Proposal No. 6

Revision of Remuneration Amount for Outside Directors

The amount of remuneration for Directors of the Company was approved to be up to ¥40 million per month(including ¥1 million for Outside Directors) at the 68th Ordinary General Meeting of Shareholders held on June 10,
2015.
As the responsibilities and expected roles of Outside Directors are increasing, Outside Directors are becoming themain constituent members of the Nomination Committee and the Remuneration Committee, both advisoryorganizations for the Board of Directors. Accordingly, as their roles in the Company have increased, it is intended
to revise the amount of remuneration for Outside Directors only, to “up to ¥4 million per month,” without changing
the total amount of remuneration for Directors (up to ¥40 million per month).
While there are thirteen (13) Directors now (including two (2) Outside Directors), if Proposal No. 3 is approved as
proposed, there will be six (6) Directors (including two (2) Outside Directors).

-9-

Proposal No. 7

Determination of Remuneration for the Allotment of Transfer-Restricted Shares to Directors(Excluding Outside Directors)

If Proposal No. 6 “Revision of Remuneration Amount for Outside Directors” is approved as proposed, the amountof remuneration for Directors of the Company will be up to ¥40 million per month (including up to ¥4 million for
Outside Directors).
As a part of reviewing the remuneration system for Directors, the Company would like to allot transfer-restricted
shares to Directors (excluding Outside Directors) of the Company as described below for the purpose ofencouraging efforts for enhancing the medium- and long-term corporate value of the Company, and promoting
management in which executives carry a stronger sense of responsibility share the same perspective asshareholders.
It is thus intended to set the total amount of monetary remuneration claim issued as remuneration for the allotmentof transfer-restricted shares at ¥40 million at maximum per year, which is considered to be appropriate in light of
the above purposes. The amount of monetary remuneration claim to be issued will be determined within the above
limit at a meeting of the Board of Directors upon deliberation and report by the Remuneration Committee
established as an advisory organization for the Board of Directors for the purpose of enhancing independence andtransparency of decisions at meetings of the Board of Directors.
If Proposal No. 3 is approved as proposed, the number of Directors (excluding Outside Directors) subject to theallotment of such shares is four (4).
Specific Description and the Upper Limit of the Number of Transfer-Restricted Shares Allotted to Directors(excluding Outside Directors)
1. Allotment of Transfer-Restricted Shares and Payment Therefor
The Company will issue monetary remuneration claim as remuneration for the allotment of transfer-restricted
stocks within the above annual limit to Directors (excluding Outside Directors) in accordance with a resolutionof a meeting of the Board of Directors of the Company, and each Director will receive allotment of transferrestricted shares through contribution in kind of the whole of the said monetary remuneration claim.
The paid-in amount for transfer-restricted shares will be determined at a meeting of the Board of Directors of
the Company on the basis of the closing price of common shares of the Company at the Tokyo Stock Exchangeon the business day immediately preceding the date of the resolution of the meeting of the Board of Directors
on the issuance or disposal of the said shares (or the nearest trading day preceding the date of the resolution if
no trading is reported on the immediately preceding day) within the range in which the paid-in amount is notparticularly advantageous to Directors subscribing for the said transfer-restricted shares.
The said monetary remuneration claim will be issued on the condition that Directors (excluding Outside
Directors) of the Company have agreed to contribution in kind referred to above and entered into an agreementon the allotment of transfer-restricted shares that contains what is described in 3 below.
2. Total Number of Transfer-Restricted Shares
The total number of transfer-restricted shares allotted to Directors (excluding Outside Directors) of theCompany at 40,000 shall be the upper limit of the number of transfer-restricted shares allotted in each fiscal
year.
If, however, a stock split (including allotment of common shares of the Company without contribution) or
stock merger of common shares of the Company is conducted on or after the date of the resolution of this
proposal, or if an adjustment is otherwise equivalently required of the total number of transfer-restricted sharesallotted, the total number of the said transfer-restricted shares may be reasonably adjusted.
3. Description of an Agreement on the Allotment of Transfer-Restricted Shares
An agreement on the allotment of transfer-restricted shares entered into between the Company and Directors towhom transfer-restricted shares are allotted pursuant to a resolution of the Board of Directors of the Company
shall include the following.
(1) Description of Transfer Restriction
Directors to whom transfer-restricted shares are allotted shall not transfer, pledge, mortgage, donate,bequeath or otherwise dispose of transfer-restricted shares allotted to the said Directors (hereinafter- 10 -

referred to as “Allotted Shares”) to any third party during the period from the day on which Allotted
Shares are delivered to the day on which they resign from the position of Director, Audit & Supervisory
Board Member or Corporate Officer of the Company (hereinafter referred to as the “Transfer Restriction
Period”) and cease to hold any of these positions (hereinafter referred to as the “Transfer Restriction”).
(2) Removal of Transfer Restriction
The Company will remove Transfer Restriction at the expiration of the Transfer Restriction Period for all
Allotted Shares on the condition that Directors to whom transfer-restricted shares are allotted continue tobe in any position of Director, Audit & Supervisory Board Member or Corporate Officer until the day on
which the first Ordinary General Meeting of Shareholders is held after the start of the Transfer Restriction
Period.
If, however, a relevant Director resigns from the position of Director, Audit & Supervisory Board Memberor Corporate Officer of the Company and cease to hold any of these positions by the day immediately
preceding the day on which the first Ordinary General Meeting of Shareholders of the Company after thestart of the Transfer Restriction Period is held for a reason found to be justifiable by the Board of Directorsof the Company, the number of Allotted Shares for which Transfer Restriction is removed and the time atwhich Transfer Restriction is removed shall be reasonably adjusted as required.
(3) Acquisition Gratis of Transfer-Restricted Shares
If a Director to whom transfer-restricted shares are allotted resigns from the position of Director, Audit &Supervisory Board Member or Corporate Officer and cease to hold any of these positions by the day
immediately preceding the day on which the first Ordinary General Meeting of Shareholders of theCompany after the start of the Transfer Restriction Period is held, the Company will necessarily acquire
the Allotted Shares without consideration.
If there are some Allotted Shares for which Transfer Restriction has not been removed pursuant toprovisions for reasons for removal of Transfer Restriction in (2) above when the Transfer Restriction
Period has expired, the Company will also necessarily acquire them without consideration.
(4) Handling of Transfer Restriction upon Organizational Restructuring, etc.
If, during the Transfer Restriction Period, a proposal pertaining to a merger agreement under which theCompany is the non-surviving company or a stock exchange agreement, stock transfer plan or any otherorganizational restructuring under which the Company becomes a wholly owned subsidiary of anothercompany is approved by the General Meeting of Shareholders of the Company (or the Board of Directors
if, however, an approval by the General Meeting of Shareholders of the Company is not required for thesaid organizational restructuring, etc.) (provided, however, that the effective date of the said organizational
restructuring, etc. shall fall before the date when the Transfer Restriction Period has expired; hereinafterreferred to as “Time of Organizational Restructuring Approval”) and if Directors to whom transferrestricted shares have been allotted retire from the position of Director, Audit & Supervisory Board
Member or Corporate Officer and cease to hold any of these positions upon the said organizational
restructuring, etc., the Company will remove Transfer Restriction, by a resolution of the Board of Directorsof the Company, for a certain number of Allotted Shares reasonably specified in light of the period fromthe start of the Transfer Restriction Period to the date of approval of the said organizational restructuring,etc. before the effective date of the said organizational restructuring, etc.
At the Time of Organizational Restructuring Approval, the Company will necessarily acquire Allotted
Shares for which Transfer Restriction has not been removed on the business day immediately preceding
the effective date of the said organizational restructuring, etc. without consideration on that day.
(Reference)
The Company plans to allot transfer-restricted shares equivalent to those described above to Corporate Officersof the Company sometime after the conclusion of this Ordinary General Meeting of Shareholders.

- 11 -

(Reference)
Remuneration system for Directors upon Approval of Proposals No. 7

Under the new remuneration system of the Company, remuneration for Directors will be composed of“monthly remuneration (fixed remuneration),” “stock remuneration with transfer-restricted shares (medium- tolong-term incentives), and “cash bonus (short-term incentives).” The percentages of monthly remuneration,
cash bonus, and stock remuneration with transfer-restricted shares will be set to be approximately 60%, 10%
and 30%, at the standard amounts.
Neither cash bonus nor stock remuneration will be issued to Outside Directors, who have a role to monitor andsupervise management from an independent position.
The monthly remuneration, cash bonus, and stock remuneration for Directors will be determined by the Boardof Directors upon deliberation and report by Outside Directors and competent Directors at the Remuneration
Committee.

- 12 -

Information
Information on Corporate Officers
The Corporate Officers to be in office following the conclusion of this Ordinary General Meeting of
Shareholders comprise four (4) of the Director candidates listed on pages 8 to 12, namely Hiroyoshi Ninoyu,
Koki Sato, Kazuhiko Noguchi, and Hiroshi Nishida, and the ten (10) individuals listed below.
Name

Current position and responsibilities and significant concurrent positions outside the Company

Yoshihiro Tanaka

Corporate Officer, General Manager, Purchasing Group, and General Manager, Production
Center

Hideki Ono

Corporate Officer, General Manager, Quality Assurance Center

Shigeru Hayashi

Corporate Officer, General Manager, Production Engineering Center

Kazuhiro Ikai

Corporate Officer[Significant concurrent positions outside the Company]
President, TRAM Inc.; Chairman of the Board, TAC Manufacturing, Inc.; Chairman of theBoard, TRIN Inc.; Chairman of the Board, TRMI Inc.; and Chairman of the Board, TRQSS,
Inc.

Toshiki Nogami

Corporate Officer, General Manager, Security Business Group

Toshiki Akita

Corporate Officer, General Manager, Switch Business Group

Koki Imaeda

Corporate Officer, General Manager, Research & Development Center

Yoshihiro Kondo

Corporate Officer, General Manager, Safety Business Group and General Manager, Toyota
Plant

Masahiko Sato

Corporate Officer, General Manager, Sales Group[Significant concurrent positions outside the Company]
Chairman of the Board of Tokairika (Jiangsu) Automotive Parts Co., Ltd

Taketoshi Sakurai

Corporate Officer, General Manager, Electronics Center- 13 -