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 7, 2018
To our shareholders:Hiroji ISHIIPresidentIshii Iron Works Co., Ltd.
26-11, 3-Chome, Tsukishima, Chuo-ku, TokyoNOTICE OF THE 152ND ORDINARY GENERAL MEETING OF SHAREHOLDERS
You are cordially invited to attend the 152nd 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 26, 2018 (JST).
1. Date and Time: Wednesday, June 27, 2018 at 10:00 a.m. (JST)
2. Venue:Chuo-ku Tsukishima Social Education Center, 4F, Tsukishima Kumin Center1-1, 4-Chome, Tsukishima, Chuo-ku, Tokyo(Please note that the venue this year differs from last year)
3. Purposes:
Items to be reported:
1. Business Report and Consolidated Financial Statements for the 152nd Term (from April 1, 2017 to March31, 2018), 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 152nd Term (from April 1, 2017 to March 31, 2018)
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:
Election of Three (3) Directors Who Are Audit and Supervisory Committee Members
Proposal 4:
Payment of Retirement Benefits for a Retiring Director-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 31,2018 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: ¥184,307,350(3) Effective date of distribution of dividends of surplus
June 28, 2018-2-

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 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 CompanyMar. 1977
Executive Director of the CompanyDec. 1978
Vice President of the Company
Hiroji ISHII
110,718(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. The
Company 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. 1969
Joined the Company
Apr. 2000
Manager, Engineering Department of theCompany
June 2002
Director of the Company
Apr. 2003
Assistant Manager, Domestic Business Divisionof the Company
Apr. 2004
Assistant General Manager, Steel Structure
Business Division of the Company
July 2006
Corporate Officer and General Manager, SteelNobukazu OYAMA
10,500
Structure Business Division of the Company(January 29, 1947)
Apr. 2009
Corporate Officer and Executive General
Manager, Steel Structure Business Headquartersof the Company
July 2012Managing Director and Executive General
Manager, Steel Structure Business Headquartersof the Company
Apr. 2015
Managing Director and in charge of Steel
Structure Business Headquarters of theCompany (present position)
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.

-3-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
3Apr. 2015

4Note:

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 GeneralManager, Steel Structure Business Headquarters
and Executive General Manager, SalesHeadquarters 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 Headquartersof the Company (present position)

Number of theCompany’s shares
owned

8,936

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.
Apr. 1986
Joined the Sumitomo Bank, Limited (current:Sumitomo Mitsui Banking Corporation(SMBC))
Oct. 2011
General Manager of Taipei Branch, SMBCMasanobu NAKANISHI0(February 6, 1964)
Dec. 2014
General Manager of Hanoi Branch, SMBC
Apr. 2015
Country Head of Vietnam and General Managerof Hanoi Branch, Asia Pacific Division, SMBC
May 2018
Advisor of the Company (present position)
Reasons for nomination as candidate for Director
Masanobu Nakanishi has gained a wealth of experience in a wide range of areas in Japan and overseas since he joined
Sumitomo Bank, Limited (current: Sumitomo Mitsui Banking Corporation) in 1986. He has fully utilized hiscapabilities as a global human resource in appointments as the Taipei Branch General Manager, Hanoi Branch General
Manager, and the Country Head of Vietnam, Asia Pacific Division since 2011. He was then appointed as an advisor ofthe Company in May 2018, a position which he currently holds. The Company has nominated him as a candidate for
Director based on the judgment that he is qualified as Director because he has such abundant experience and a proventrack record.
There are no special interests between the Company and the above candidates for Director.

-4-Proposal 3:

Election of Three (3) Directors Who Are Audit and Supervisory Committee Members

At the conclusion of this meeting, the terms of office of all four (4) Directors who are Audit and Supervisory
Committee Members will expire. Therefore, the Company proposes the election of three (3) Directors who are
Audit and Supervisory Committee Members.
In addition, the consent of the Audit & Supervisory Committee has been obtained for this proposal.
Candidates for the role of Director who is an Audit and Supervisory Committee Member are as follows:No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1970
Apr. 2003

12

Number of theCompany’s shares
ownedJoined the Company
Manager, Procurement Group, Domestic
Business Division of the Company
Feb. 2006
Manager, Production Group, Steel Structure
Business Division of the Company
Masanori SUZUKI
3,200(January 27, 1947)
July 2006
Administration Officer of the Company
June 2007
Full-time Auditor of the Company
June 2016
Director (Full-time Audit and Supervisory
Committee Member) of the Company (presentposition)
Reasons for nomination as candidate for Director who is an Audit and Supervisory Committee Member
Masanori Suzuki has engaged consistently in the tank plant engineering and construction business since he joined theCompany and has extensive knowledge and experience cultivated in the areas of production and engineering. He has
sufficiently fulfilled his duties since his appointment as a full-time Auditor and Director who is a full-time Audit andSupervisory Committee Member of the Company since 2007. The Company has nominated him as a candidate forreelection as a Director who is an Audit and Supervisory Committee Member based on the judgment that he will use hisknowledge and experience in the future for appropriate auditing and supervision.
Apr. 1968
Joined Showa Denko K.K.
Mar. 2000
Director, Chief Manager, Corporate Relations
Center and Manager, General Affairs Group,Showa Denko K.K.
Mar. 2004
Managing Director and Managing CorporateOfficer, Showa Denko K.K.
Jan. 2008
Representative Director and Senior Managing
Norikuni IMOTO
Corporate Officer, Showa Denko K.K.
800
(August 20, 1945)
Jan. 2011
Director, Showa Denko K.K.
Mar. 2011
Special Advisor, Showa Denko K.K.
June 2013
Outside Auditor of the Company
June 2015
Outside Director of the Company
June 2016
Outside Director (Audit and Supervisory
Committee Member) of the Company (presentposition)
Reasons for nomination as candidate for Outside Director who is an Audit and Supervisory Committee Member
Norikuni Imoto has extensive knowledge and experience as management with appointments that include Representative
Director of Showa Denko K.K. He has sufficiently fulfilled his duties since his appointment as Outside Auditor, Outside
Director and Outside Director who is an Audit & Supervisory Committee Member of the Company since 2013. The
Company has nominated him as a candidate for reelection as an Outside Director who is an Audit and Supervisory
Committee Member based on the judgment that he will provide the proper guidance and advice in the overallmanagement of the Company from his broad point-of-view in the future.

-5-No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1977

3Notes:Number of theCompany’s shares
owned

Prosecutor, Tokyo District Public Prosecutors
OfficeJuly 2008
Trial Manager, Supreme Public Prosecutors
OfficeJan. 2009
Chief Public Prosecutor, Chiba District Public
Prosecutors Office
Apr. 2010
Chief Public Prosecutor, Yokohama District
Public Prosecutors OfficeJan. 2012
Superintending Prosecutor, Sapporo High
Public Prosecutors OfficeJan. 2014
Superintending Prosecutor, Nagoya High Public
Hiroshi KAWAMURA
Prosecutors Office500(January 16, 1952)
Mar. 2015
Outside Auditor, Asahi Glass Co., Ltd. (presentposition)
Apr. 2015
Professor, Faculty of Law at Doshisha
University (present position)
June 2015
Outside Auditor of the Company
June 2016
Outside Director (Audit and Supervisory
Committee Member) of the Company (presentposition)[Significant concurrent positions outside the Company]
Outside Auditor, Asahi Glass Co., Ltd.
Professor, Faculty of Law at Doshisha University
Reasons for nomination as candidate for Outside Director who is an Audit and Supervisory Committee Member
Hiroshi Kawamura has extensive knowledge and experience in legal affairs and as a university professor, and he has
sufficiently fulfilled his duty since his appointment as Outside Auditor and Outside Director who is an Audit &Supervisory Committee Member of the Company since 2015. The Company has nominated him as a candidate forreelection as an Outside Director who is an Audit and Supervisory Committee Member based on the judgment that hewill provide the proper guidance and advice in strengthening compliance and corporate governance in the future.
Although he has not been directly involved in business management, the Company believes that he is capable ofproperly performing his duties as an Outside Director who is an Audit and Supervisory Committee Member for theabove reasons.
1. There are no special interests between the Company and the above candidates for a Director who is an Audit andSupervisory Committee Member.
2. Norikuni Imoto and Hiroshi Kawamura are candidates for Outside Director.
3. Norikuni Imoto and Hiroshi Kawamura are currently Outside Directors of the Company. Norikuni Imoto will have
served for three (3) years and Hiroshi Kawamura for two (2) years at the conclusion of this General Meeting ofShareholders.
4. Pursuant to the provisions set forth in the Articles of Incorporation, the Company has entered into agreements limiting
liabilities with Masanori Suzuki, Norikuni Imoto and Hiroshi Kawamura that limits the maximum amount of their
liability to compensate for damages due to a failure to perform their duties. The agreements will be maintained if thereelections of each candidate for Outside Director of the Company are approved at this General Meeting of Shareholders.
The limit of liability under these agreements is the amount prescribed in the laws and regulations.
5. In accordance with the rules of the Tokyo Stock Exchange, the Company has designated Norikuni Imoto and Hiroshi
Kawamura as independent officers and registered with the exchange. If their elections are approved at this General
Meeting of Shareholders, the Company will maintain this declaration.

-6-Proposal 4:

Payment of Retirement Benefits for a Retiring Director

The Company shall pay retirement benefits in line with the tenure of Yutaka Fujimoto, who will retire as Director
at the conclusion of this General Meeting, in the range equivalent to the defined standards stipulated by theCompany. The Company requests the specific amount, payment period, method and other details of the payment beleft up to deliberation among the Board of Directors.
The career summary for the retiring Director is as follows:
NameYutaka FUJIMOTO

June 2007
July 2008
July 2012

Career summary
Director of the Company
Managing Director of the Company
Executive Director of the Company
to present-7-