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: 6325
June 1, 2023
To our shareholders:
Mitsuo Matsumoto, Representative Director andPresident
Takakita Co., Ltd.
2828 Natsumi, Nabari City, Mie Prefecture, JAPAN

Notice of the 79th Annual General Meeting of Shareholders
We are pleased to announce the 79th Annual General Meeting of Shareholders of Takakita Co., Ltd. (the“Company”), which will be held as indicated below.
Additionally, instead of attending the meeting in person on the day, exercising of voting rights is possible in writing(by post) or through the internet. Please read the attached Reference Documents for the General Meeting of
Shareholders and exercise your voting rights no later than 5:10 p.m. on Wednesday, June 21, 2023 (JST).
1. Date and Time
2. Venue

Thursday, June 22, 2023 at 10:00 a.m. (JST) (reception opens at 9:00 a.m.)
Convention hall, 1st floor of Nabari Industry Promotion Center
822-2 Minamimachi, Nabari City, Mie Prefecture, JAPAN3. Purpose of the Meeting
Matters to be reported:
The Business Report and the Non-consolidated Financial Statements for the 79th fiscal year (from April 1,
2022, to March 31, 2023)
Matters to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Five Directors (Excluding Audit and Supervisory Committee Members)
Proposal No. 3:
Election of Three Directors Who Are Audit and Supervisory Committee Members
Proposal No. 4:
Election of Financial Auditor
In convening this General Meeting of Shareholders, the Company has taken measures for providing informationthat constitutes the content of Reference Documents for the General Meeting of Shareholders, etc. (matters forwhich measures for providing information in electronic format are to be taken) in electronic format, and has posted
the information on each of the following websites. Please access either of the websites to view the information.
The Company’s website:
https://www.takakita-net.co.jp/ (in Japanese)(From the above website, select “For Investors,” and then “Shareholders Meeting.”)
Website for posted informational materials for the general meeting of shareholders:
https://d.sokai.jp/6325/teiji/ (in Japanese)
TSE website (Listed Company Search):https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)(Access the TSE website by using the internet address shown above, enter “Takakita” in “Issue name (company
name)” or the Company’s securities code “6325” in “Code,” and click “Search.” Then, click “Basic information”
and select “Documents for public inspection/PR information.” Under “Filed information available for public
inspection,” click “Click here for access” under “[Notice of General Shareholders Meeting /Informational Materials
for a General Shareholders Meeting].”)-1-

- When attending the meeting in person, please hand in the enclosed voting form at the reception desk at the meeting venue.
- Paper-based documents stating Electronic Provision Measures Matters are sent to shareholders who have requested the delivery of
paper-based documents, however those documents do not include the following matters in accordance with the provisions of laws
and regulations and Article 17 of the Company’s Articles of Incorporation.
(i) “Matters Related to Share Acquisition Rights, Etc. of the Company” of the Business Report(ii) “System to Ensure the Properness of Operations and Operation Status of the System” of the Business Report(iii) “Statement of Changes in Equity” of the Non-consolidated Financial Statements(iv) “Notes to Non-consolidated Financial Statements”
Accordingly, the Business Report and the Non-consolidated Financial Statements described in the relevant documents are part of
documents that have been subjected to audit by the Financial Auditor to prepare the Financial Audit Report and the Audit andSupervisory Committee to prepare the Audit Report.
- Persons attending the General Meeting of Shareholders will not be offered any gifts. We ask for your understanding in this matter.
- If revisions to the contents of the Business Report, the Non-consolidated Financial Statements and the Reference Documents for
the General Meeting of Shareholders are required, the Company shall publish the amended matters on the Company’s website,
website for posted informational materials for the general meeting of shareholders and TSE website.

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Measures to Prevent the Spread of COVID-19
In order to prevent COVID-19 infections and the spread of the disease, we are holding this General Meeting of
Shareholders based on the policy below, with the safety of shareholders as the top priority. We ask for yourunderstanding and cooperation.
1. Proceedings on the day of the General Meeting of Shareholders and an overview of the Business Report will beavailable to view as a video on the Company’s website within a few days.
2. We ask shareholders attending the meeting to cooperate by wearing masks, using hand sanitizer provided at thevenue, and taking their temperature before entry.
3. The Company’s officers and staff members attending the General Meeting of Shareholders will be wearing
masks depending on circumstances.
4. In the event of any important changes to the General Meeting of Shareholders in response to the situation
going forward, the Company will publish a notification on its website.

-3-

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

Appropriation of Surplus

The Company regards return of profit to shareholders as an important managerial issue, and its basic policy is to
issue continual and stable dividends of an appropriate level for many years into the future through focusing its
efforts on strengthening the management foundation and enhancing shareholders’ equity.
Accordingly, in consideration of the operating results for the fiscal year, future business development and otherfactors, the Company proposes the payment of year-end dividends for the fiscal year and other appropriation of
surplus as follows.
1. Year-end dividends
The Company proposes to pay a year-end dividend for the fiscal year of ¥8 per share, which includes anordinary dividend of ¥5 per share and a commemorative dividend for the 110th anniversary of the Company’s
establishment of ¥3 per share.
Accordingly, including the interim dividend of ¥5, the annual dividend will total ¥13 per share.
(i) Type of dividend property
Cash(ii) Allotment of dividend property and their aggregate amount¥8 per common share of the Company(including an ordinary dividend of ¥5 and a commemorative dividend of ¥3)
The total dividends will be ¥88,750,264(iii) Effective date of dividends of surplus
June 23, 2023
2. Other appropriation of surplus
As for internal reserves, the Company proposes the following to strengthen the management foundation in
preparation for the business development in the future.
(i) Item of surplus to be decreased and amount of decrease
Retained earnings brought forward: ¥300,000,000(ii) Item of surplus to be increased and amount of increase
General reserve: ¥300,000,000-4-Proposal No. 2:

Election of Five Directors (Excluding Audit and Supervisory Committee Members)

At the conclusion of this meeting, the terms of office of all five Directors (excluding Audit and Supervisory
Committee Members; applicable to the rest of this proposal) will expire.
Therefore, the Company proposes the election of five Directors.
As for this proposal, the Audit and Supervisory Committee of the Company has judged that all the candidates for
Directors are eligible.
The candidates for Director are as follows:
Candidate
Name
No.
1
Mitsuo Matsumoto

Position in the Company

Representative Director and President
Director, Senior Managing Executive Officer
2
Ryo Masumitsu
Division Manager, Production and Engineering Division
Director, Executive Officer
3
Hirokatsu Nashihara
In charge of Bearing Department and Quality Assurance Office,and General Manager, Corporate Planning OfficeDirector, Executive Officer
4
Tatsuya Fujisawa
In charge of Overseas Sales Division, and Division Manager,
Domestic Sales Division
Executive Officer
5
Yasuhiro Fujiwara
General Manager, Engineering Department, Production andEngineering Division
Reelection: Candidates for reelection as Director
New: Candidates for new election as Director
Outside: Candidates for Outside Director
Independent: Independent offices based on the provisions of the stock exchange-5-

Reelection
Reelection
Reelection

Reelection

NewCandidate
No.

Name
(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1978
Oct. 2004
June 2005

1

2

Number of theCompany’s shares
ownedJoined the Company
General Manager, Sales Department
Director in charge of Trade Department, andMitsuo Matsumoto
General Manager, Sales Department(January 6, 1956)
June 2007
Director in charge of Technical Department andReelection
Trade Department, and General Manager, Sales
Department
65,000 shares
Years in office: 18
June 2008
Managing Director in charge of Agricultural
Machinery Department, and General Manager,
Attendance at Board of
Sales Department
Directors meetings
Apr. 2010
Managing Director in charge of Agricultural
16/16 meetings
Machinery Department
Apr. 2011
Representative Director and President (current
position)
Reasons for nomination as candidate for Director
The Company nominated Mitsuo Matsumoto as a candidate for Director in light of his leadership in management as
Representative Director and President and his performance in his role to facilitate the Company’s continuous
improvement of its corporate value through, for example, making important management decisions and overseeing
business execution, with the expectation that he will make further contributions in the future.
Apr. 1981
Joined the Company
July 2009
General Manager, Production Department
June 2011
Director, and General Manager, Production
Department
July 2013
Director, Division Manager, Production
Division, and General Manager, Production
Department, Headquarters Plant
June 2014
Director, Executive Officer, Division Manager,
Production Division, and General Manager,
Ryo Masumitsu
Headquarters Plant(June 12, 1958)
Oct. 2016
Director, Shandong Wuzheng Takakita
Stockbreeding Machinery Co., Ltd.
Reelection
June 2017
Director, Managing Executive Officer, and41,000 shares
Years in office: 12
Division Manager, Production Division
Apr. 2018
Director, Managing Executive Officer, andAttendance at Board of
Division Manager, Production and Engineering
Directors meetings
Division
16/16 meetings
Jan. 2021
Vice Chairman, Shandong Wuzheng Takakita
Stockbreeding Machinery Co., Ltd. (current
position)
June 2022
Director, Senior Managing Executive Officer,
and Division Manager, Production andEngineering Division (current position)
Significant concurrent positions outside the Company
Vice Chairman, Shandong Wuzheng Takakita Stockbreeding
Machinery Co., Ltd.
Reasons for nomination as candidate for Director
The Company nominated Ryo Masumitsu as a candidate for Director in light of his wealth of experience and broad
insight in the Company’s production division, with the expectation that he will make further contributions in the future.

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Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1986
Mar. 20173

4

5

Notes:

Number of theCompany’s shares
ownedJoined The Nanto Bank, Ltd.
General Manager of Private Banking
Department
Apr. 2018
Director, Supervising General Manager ofNanto Lease Co., Ltd.
Hirokatsu Nashihara
Oct. 2018
Seconded to the Company(June 22, 1963)
Assistant General Manager, Corporate Planning
OfficeReelection
June 2019
Executive Officer, General Manager, Internal
2,600 shares
Audit Office, General Manager, Quality
Years in office: 3
Assurance Office, and Assistant General
Manager, Corporate Planning OfficeAttendance at Board of
Oct.
2019
Executive
Officer, General Manager, Quality
Directors meetings
Assurance
Office, and Assistant General
16/16 meetings
Manager, Corporate Planning Office
June 2020
Director, Executive Officer in charge of
Bearing Department and Quality Assurance
Office, and General Manager, Corporate
Planning Office (current position)
Reasons for nomination as candidate for Director
The Company nominated Hirokatsu Nashihara as a candidate for Director in light of his insight in finance andaccounting gained from many years of service at a financial institution, and broad experience in the Company’s
corporate planning division, etc., with the expectation that he will make further contributions in the future.
Apr. 1994
Joined the Company
Apr. 2019
General Manager, Honshu Sales Department,
Tatsuya Fujisawa
Domestic Sales Division(August 12, 1971)
June 2019
Executive Officer, Division Manager, Domestic
Sales Division, and General Manager, Honshu
Reelection
Sales Department
17,400 shares
June 2021
Director, Executive Officer, in charge ofYears in office: 2
Overseas Sales Division, Division Manager,
Domestic Sales Division, and General Manager,
Attendance at Board ofHonshu Sales Department
Directors meetings
Apr. 2023
Director, Executive Officer, in charge of
16/16 meetings
Overseas Sales Division, Division Manager,
Domestic Sales Division (current position)
Reasons for nomination as candidate for Director
The Company nominated Tatsuya Fujisawa as a candidate for Director in light of his wealth of experience and broad
insight in the Company’s sales divisions, with the expectation that he will make further contributions in the future.
Apr. 1995
Joined the Company
Yasuhiro Fujiwara
Apr. 2021
General Manager, Engineering Department,(September 12, 1970)
Production and Engineering Division
5,000 shares
June 2022
Executive Officer, and General Manager,
New
Engineering Department, Production andEngineering Division (current position)
Reasons for nomination as candidate for Director
The Company nominated Yasuhiro Fujiwara as a candidate for Director in light of his wealth of experience and broad
insight in the Company’s engineering division, with the expectation that he will make further contributions in the future.
1. There is no special interest between any of the candidates for Director and the Company.
2. To enable candidates for Director to sufficiently fulfill the role expected of them when executing their duties and to
attract competent human resources, the Company has entered into a directors and officers liability insurance (“D&Oinsurance”) policy as provided for in Article 430-3, paragraph (1) of the Companies Act with an insurance company,
with all Directors as the insureds. Providing this proposal is approved in its original form, if each candidate is elected
and assumes the office as Director, the Company plans to include every such Director as an insured in this insurance
policy. The outline of the contents of this policy is as per that shown in Business Report “3. Matters Related to Company-7-

Officers (3) Outline of Content of Directors and Officers Liability Insurance Policy.” Note that the Company intends torenew this insurance policy in July 2023.

-8-

Proposal No. 3:

Election of Three Directors Who Are Audit and Supervisory Committee Members

At the conclusion of this meeting, the terms of office of three Directors who are Audit and Supervisory Committee
Members Atsuki Matsumura, Tsunehiro Oki and Taishi Mukai will expire.
Therefore, the Company proposes the election of three Directors who are Audit and Supervisory Committee
Members.
In addition, the consent of the Audit and Supervisory Committee has been obtained for this proposal.
The candidates for Director who is an Audit and Supervisory Committee Member are as follows:
Candidate
No.

Name(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1977
Oct. 2004
June 2006

1

2

Number of theCompany’s shares
ownedJoined the Company
General Manager, General Affairs Department
Director, General Manager, General Affairs
Department
June 2014
Director, Executive Officer, Division Manager,
Corporate Administration Division
Atsuyoshi Oki
June 2015
Director, Managing Executive Officer, and(February 15, 1955)
48,000 shares
Division Manager, Corporate Administration
Division
New
June 2017
Director, Senior Managing Executive Officer,
and Division Manager, Corporate
Administration Division
Apr. 2021
Senior Managing Director in charge ofCorporate Administration Division (current
position)
Reasons for nomination as candidate for Director
The Company nominated Atsuyoshi Oki as a candidate for Director who is an Audit and Supervisory Committee
Member in light of his wealth of experience and broad insight in the Company’s administration divisions of accounting,finance, human resources and general affairs, with the judgment that he will contribute to securing soundness andappropriateness and improving transparency in the Company’s management decision making.
Nov. 1977
Joined Asahi & Co. (current KPMG AZSA
LLC)
Sept. 1981
Registered as a certified public accountant
Tsunehiro Oki
July 1992
Partner of Asahi Shinwa & Co. (current KPMG
(November 11, 1952)
AZSA LLC)
May 2001
Representative Partner of Asahi & Co. (current
Reelection
KPMG AZSA LLC)
OutsideJuly 2010
Partner of KPMG AZSA LLC
Independent– shares
July 2015
Oki Certified Public Accountant & Tax
Accountant Office (current position)
Years in office: 4June 2016
Outside Director of IWATSU ELECTRIC CO.,LTD. (current position)
Attendance at Board of
June
2016
OutsideAudit & Supervisory Board Member of
Directors meetings
Utoc
Corporation
16/16 meetings
June 2019
Outside Director (Audit and Supervisory
Committee Member), the Company (current
position)
Reasons for nomination as candidate for Outside Director and outline of the role expected to be filled
Tsunehiro Oki possesses expert knowledge and wealth of experience as a certified public accountant with seasoned
knowledge of finance and accounting and he uses this insight and many years of experience to provide the Company’s
management with various advice and opinions.
The Company therefore requests his reelection as an Outside Director.
If he is elected as an Outside Director, the Company expects him to leverage his insight and many years of experience
as a certified public accountant to provide auditing and supervision of the execution of duties and governance systemfrom an objective standpoint independent from Company management and from the perspective of an expert,
particularly in finance and accounting, and to contribute to securing soundness and appropriateness and improving
transparency in the Company’s management decision making.

-9-Candidate
No.

Name
(Date of birth)
Taishi Mukai(January 1, 1970)

Career summary, and position and responsibility
in the Company
Apr. 1999
Jan. 2018

Reelection
OutsideIndependent

June 2022

Registered as an attorney at law (Osaka Bar
Association)
Partner at Takashina & Partners Law Office(current position)
Outside Director (Audit and Supervisory
Committee Member), the Company (current
position)

Number of theCompany’s shares
owned– sharesYears in office: 1

3Notes:

Attendance at Board of
Directors meetings
12/12 meetings
Reasons for nomination as candidate for Outside Director and outline of the role expected to be filled
Taishi Mukai possesses expert knowledge and wealth of experience as an attorney at law with a seasoned knowledge ofcorporate law, and he uses this insight and many years of experience to provide the Company’s management withvarious advice and opinions.
The Company therefore requests his reelection as an Outside Director.
If he is elected as an Outside Director, the Company expects he will provide auditing and supervision of legality
regarding the Company’s management decisions and governance system from an independent, objective perspective,
and contribute to improving transparency, by drawing on his experience and knowledge from many years as a lawyer,
his objective position independent from management, and in particular, his specialist perspectives regarding the law.
While he has no experience in corporate management, the Company judged that for the reasons above, he will be able
to carry out his duties as Outside Director appropriately.
1. There is no special interest between the candidates for Director who are Audit and Supervisory Committee Members andthe Company.
2. Tsunehiro Oki and Taishi Mukai are candidates for Outside Director.
3. The Company has submitted notification to both Tokyo Stock Exchange, Inc. and Nagoya Stock Exchange, Inc. that
Tsunehiro Oki and Taishi Mukai have been designated as independent officers as provided for by those exchanges, and if
their reelection is approved, the Company plans for their designation as independent officers to continue.
4. Pursuant to the provisions of Article 427, paragraph (1) of the Companies Act, the Company has entered into agreementswith Tsunehiro Oki and Taishi Mukai to limit their liability for damages under Article 423, paragraph (1) of theCompanies Act. The maximum amount of liability for damages under this agreement is the minimum liability amountprovided for under laws and regulations, and if they are reelected, the Company plans to renew the agreements withthem. If the election of Atsuyoshi Oki is approved, the Company plans to enter into a limited liability agreement of thesame content with him.
5. To enable candidates for Director who are Audit and Supervisory Committee Members to sufficiently fulfill the role
expected of them when executing their duties and to attract competent human resources, the Company has entered into a
directors and officers liability insurance (“D&O insurance”) policy as provided for in Article 430-3, paragraph (1) of theCompanies Act with an insurance company, with all Directors who are Audit and Supervisory Committee Members as
the insureds. Providing this proposal is approved in its original form, if each candidate is elected and assumes the officeas Director who is an Audit and Supervisory Committee Member, the Company plans to include every such Director
who is an Audit and Supervisory Committee Member as an insured in this insurance policy. The outline of the contentsof this policy is as per that shown in Business Report “3. Matters Related to Company Officers (3) Outline of Content of
Directors and Officers Liability Insurance Policy.” Note that the Company intends to renew this insurance policy in July2023.

- 10 -

Proposal No. 4:

Election of Financial Auditor

The Company’s Financial Auditor, KPMG AZSA LLC, will resign from its position as the term will expire at theconclusion of this meeting. Therefore, the Company proposes to elect a new Financial Auditor.
In addition, this proposal is based on the decision of the Audit and Supervisory Committee.
Further, reasons for the nomination of ARK LLC as a candidate for Financial Auditor by the Audit and Supervisory
Committee are as follows. The current Financial Auditor has continued auditing of the Company’s accounts for theextended period of 60 years, and the Financial Auditor requested an increase of the audit fee due to increased audit
man-hours. At this opportunity, the appointment of a new Financial Auditor was considered. As a result of acomprehensive candidate selection with viewpoints of expectation for an audit with a new perspective suitable to
the Company’s business scale, reasonableness of audit fees, efficiency, independence, specialty, and quality
controlling systems, it was judged that ARK LLC is eligible for Financial Auditor of the Company as it holds asystem in place to ensure that financial audits are performed properly.
The candidate for Financial Auditor is as follows:

Name
OfficeHistory

Summary(May 1, 2023)
ARK LLC
1-23-3 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan
Apr. 1975
Establishment of Kinki Daiichi Audit Corporation
Establishment of Hijiribashi Audit Corporation
Aug. 1982
Establishment of Meiji Audit Corporation
Mar. 2004
Establishment of ARK & Co.
Jan. 2016
Meiji Audit Corporation and ARK & Co. merged and changed the name of the
new company to ARK Meiji Audit & Co.
July 2016
ARK Meiji Audit & Co. merged with Hijiribashi Audit Corporation.
July 2019
Name changed to ARK LLC.
July 2020
ARK LLC merged with Kinki Daiichi Audit Corporation.
Capital¥50 million
Constituent
Representative Partner: 8
members
Partners: 37
CPAs: 58
Assistant CPAs: 42
USCPA: 1
Assistant USCPA: 1
Other Professionals: 4
Administrative Staff: 19
Other: 13
Total: 183
108 companies
Number of
relatedcompanies- 11 -

Reference: Skill matrix of the Board of Directors following the General Meeting of Shareholders
If Proposals No. 2 and No. 3 are approved as drafted, the skill matrix of the Board of Directors will be as follows.

Name

Mitsuo Matsumoto

Ryo Masumitsu
Hirokatsu Nashihara
Tatsuya Fujisawa
Yasuhiro Fujiwara
Atsuyoshi Oki

Tsunehiro Oki

Eiji Hattori

Taishi Mukai

Position

Representative Director
and President
Nomination andRemuneration
Committee Member
Director
Senior Managing
Executive Officer
Director
Executive Officer
Director
Executive Officer
Director
Executive Officer
Director(Full-time Audit andSupervisory Committee
Member)Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member
Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member
Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member

Knowledge, experience, and abilities possessed by Directors
Risk
Overall
Legal/
Finance/ Human ManageDevelopMarketingbusiness
GoverAccoun- Resources ment/
ment//SalesmanagenanceInternal/Laborting
Production
mentControl

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- 12 -〇