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.

Securities Code: 6362
June 8, 2017
To our shareholders:Hiroji ISHIIPresident
Ishii Iron Works Co., Ltd.
26-11, 3-Chome, Tsukishima, Chuo-ku, TokyoNOTICE OF THE 151ST ORDINARY GENERAL MEETING OF SHAREHOLDERS
You are cordially invited to attend the 151st Ordinary General Meeting of Shareholders of Ishii Iron Works Co.,
Ltd. (the “Company”), which will be held as described below.
If you are unable to attend the meeting in person, you may exercise your voting rights by postal mail. Pleaseindicate your approval or disapproval of the proposals on the enclosed voting form after reviewing the attached
Reference Documents for the General Meeting of Shareholders, and return it by postal mail to reach us no later
than 5:20 p.m., Tuesday, June 27, 2017 (JST).
1. Date and Time: Wednesday, June 28, 2017 at 10:00 a.m. (JST)
2. Venue:Chuo-ku Kachidoki Community Hall 1F
5-1, 1-Chome, Kachidoki, Chuo-ku, Tokyo
3. Purposes:
Items to be reported:
1. Business Report and Consolidated Financial Statements for the 151st Term (from April 1, 2016 to March31, 2017), as well as the results of audit of the Consolidated Financial Statements by the Accounting
Auditor and the Audit and Supervisory Committee
2. Non-Consolidated Financial Statements for the 151st Term (from April 1, 2016 to March 31, 2017)
Items to be resolved:
Proposal 1:
Appropriation of Surplus
Proposal 2:
Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)
Proposal 3:
Final Payment of Retirement Benefits in Conjunction with Abolition of Retirement
Benefit Plan for Directors who are Audit and Supervisory Committee Members- 1 -Reference Documents for the General Meeting of Shareholders
Proposals and Reference Matters
Proposal 1:

Appropriation of Surplus

With respect to dividends, the Company seeks to return profits to shareholders stably while strengthening its
internal reserves for future growth.
Under this basic policy, the Company, in consideration of its business results for the fiscal year ended March 31,2017 and future business developments, proposes the distribution of the year-end dividends as follows:(1) Type of dividend property
Cash(2) Allocation of dividend property and total amount thereof¥50 per common share of the Company
Total amount of dividends: ¥184,313,750(3) Effective date of distribution of dividends of surplus
June 29, 2017

- 2 -Proposal 2:

Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)

The tenure of all four (4) directors (excluding Directors who are Audit and Supervisory Committee Members;
applicable to the rest of this proposal) will end at the conclusion of this General Meeting of the Shareholders.
Therefore, the Company proposes the election of four (4) Directors.
In addition, the Audit and Supervisory Committee has considered this proposal and given their consent.
The candidates for Director are as follows:No.

12Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)

Number of theCompany’s shares
ownedDec. 1969
Director of the Company
June 1973
Managing Director of the Company
Mar. 1977
Executive Director of the Company
Hiroji ISHII
Dec. 1978
Vice President of the Company
108,018(March 11, 1937)
Jan. 1979
President of the Company (present position)[Significant concurrent positions outside the Company]
President, IIW Engineering Co. Sdn. Bhd.
President, IIW Singapore Pte. Ltd.
Reasons for nomination as candidate for Director
Since assuming office of President of the Company in 1979, Hiroji Ishii has bettered profitability by leading
management and promoting innovation, and significantly contributed to improving business performance. TheCompany has re-nominated him as a candidate for Director based on the judgment that he is qualified as Director
because his experience and knowledge related to management he has accumulated as a top executive over many years
up until now is expected to help drive sustainable growth and increase the medium- and long-term value of theCompany.
Apr. 1978
Joined the Sumitomo Bank, Limited (current:
Sumitomo Mitsui Banking Corporation(SMBC))
Apr. 2006
General Manager, Financial Products Dept.,
SMBC
May 2007
Advisor of the Company
June 2007
Director of the Company
Managing Corporate Officer, Manager,
Business Management Department and General
Manager, Real Estate and Gas Business
Division of the Company
Yutaka FUJIMOTO
July 2008
Managing Director, Manager, Business
3,900(May 9, 1955)
Management Department and General
Manager, Real Estate and Gas Business
Division of the Company
Apr. 2012Managing Director, Manager, Business
Management Department and General
Manager, Real Estate Business Division of theCompany
July 2012
Executive Director, Manager, Business
Management Department and General
Manager, Real Estate Business Division of theCompany (present position)
Reasons for nomination as candidate for Director
Yutaka Fujimoto assumed office of Director of the Company in 2007 after he gained a wealth of experience in a wide
range of areas at Sumitomo Mitsui Banking Corporation. He has demonstrated his abilities in promoting corporate
strategy based on the medium term management plan and expanding the real estate business as executive officer. TheCompany has re-nominated him as a candidate for Director based on the judgment that he is qualified as Director
because he has such abundant experience and proven track record.

- 3 -No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1969
Apr. 2000
June 2002
Apr. 2003
Apr. 2004

Nobukazu OYAMA(January 29, 1947)

July 2006
Apr. 20093
July 2012

Apr. 2015

Joined the Company
Manager, Engineering Department of theCompany
Director of the Company
Assistant Manager, Domestic BusinessDivision of the Company
Assistant General Manager, Steel Structure
Business Division of the Company
Corporate Officer and General Manager, Steel
Structure Business Division of the Company
Corporate Officer and Executive General
Manager, Steel Structure Business
Headquarters of the Company
Managing Director and Executive General
Manager, Steel Structure Business
Headquarters of the Company
Managing Director and in charge of Steel
Structure Business Headquarters of theCompany (present position)

Number of theCompany’s shares
owned

9,800

Reasons for nomination as candidate for Director
Nobukazu Oyama has engaged consistently in the tank plant engineering and construction business since he joined theCompany and demonstrated his excellent abilities, especially in engineering areas. Since he assumed office of Directorof the Company in 2002, he has exercised leadership as executive officer and contributed greatly to expanding thebusiness. The Company has re-nominated him as a candidate for Director based on the judgment that he is qualified as
Director because he has such abundant experience and proven track record.

- 4 -No.

Name
(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1996
May 2006
June 2006

Apr. 2009
Hiroaki ISHII(February 20, 1969)
July 2012
4Apr. 2015

Joined Shimizu Corporation
Advisor of the Company
Director of the Company
Corporate Officer and Assistant General
Manager, Steel Structure Business Division ofthe Company
Corporate Officer, Assistant Executive General
Manager, Steel Structure Business
Headquarters and Executive General Manager,
Sales Headquarters of the Company
Managing Director, Assistant Executive
General Manager, Steel Structure Business
Headquarters and Executive General Manager,
Sales Headquarters of the Company
Managing Director, Executive General
Manager, Steel Structure Business
Headquarters of the Company (presentposition)

Number of theCompany’s shares
owned8,136

Reasons for nomination as candidate for Director
Hiroaki Ishii has significantly contributed to expanding the business, serving as executive officer in charge of the sales
section of the tank plant engineering and construction business in Japan and overseas since he assumed office ofDirector in 2006. Since 2015, he has driven the business forward with his powerful leadership as Executive General
Manager of the Steel Structure Business Headquarters. The Company has re-nominated him as a candidate for Director
based on the judgment that he is qualified as Director because he has such abundant experience and proven trackrecord.
Note:

There are no special interests between the Company and the above candidates for Director.

- 5 -Proposal 3:

Final Payment of Retirement Benefits in Conjunction with Abolition of Retirement Benefit
Plan for Directors Who are Audit and Supervisory Committee Members

The Company resolved at the Board of Directors’ Meeting held on February 9, 2017 to abolish the retirement
benefits for Directors who are Audit and Supervisory Committee Members at the conclusion of this General
Meeting of the Shareholders.
As part of this abolition, the Company proposes the final payment of retirement benefits in-line with the tenure ofeach of the four (4) Directors who are Audit and Supervisory Committee Members in the range equivalent to thedefined standards stipulated by the Company at the conclusion of this General Meeting of the Shareholders.
Furthermore, the Company requests the payment period be upon resignation of each Director who is an Audit andSupervisory Committee Member, and specific amount, method, and other details of the payment be left up todeliberation among Directors who are Audit and Supervisory Committee Members.
The career summary for the Directors who are Audit and Supervisory Committee Members to receive finalpayment of retirement benefits are as follows:
Name
Masanori SUZUKI

June 2007
June 2016

Norikuni IMOTO

June 2015
June 2016

Shigeo KIFUJI

Hiroshi KAWAMURA

Dec. 2003
June 2004
June 2016
June 2015
June 2016

Career summary
Auditor of the Company
Director (Full-time Audit and Supervisory Committee Member) of the Company
to present
Outside Director of the Company
Outside Director (Audit and Supervisory Committee Member) of the Company
to present
Provisional Auditor of the Company
Outside Auditor of the Company
Outside Director (Audit and Supervisory Committee Member) of the Company
to present
Outside Auditor of the Company
Outside Director (Audit and Supervisory Committee Member) of the Company
to present- 6 -