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: 7817
June 9, 2022
To our shareholders:
Tomohiko Kimura
President and Chief Executive Officer
PARAMOUNT BED HOLDINGS CO., LTD.
2-14-5 Higashisuna, Koto-ku, Tokyo, JapanNOTICE OF THE 40TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
The 40th Ordinary General Meeting of Shareholders of PARAMOUNT BED HOLDINGS CO., LTD. (the“Company”) will be held as described below.
In order to avoid the risk of the novel coronavirus disease (COVID-19), the Company recommends that theshareholders do not attend the General Meeting of Shareholders in person unless absolutely necessary and exercise
their voting rights in writing (by mail) or via the Internet.
Please review the attached Reference Documents for the General Meeting of Shareholders and exercise your voting
rights as described in Guide for exercise of voting rights, etc. (in Japanese only) by 5:00 p.m., Tuesday, June 28,2022 (Japan Standard Time).
1. Date and Time: Wednesday, June 29, 2022 at 10:00 a.m. (Japan Standard Time)(Reception opens at 9:00 a.m.)
2. Venue:
Head Office, Bldg. 2, 4F
2-14-5 Higashisuna, Koto-ku, Tokyo, Japan-

We will not prepare gifts for shareholders attending the General Meeting of Shareholders.
We appreciate your kind understanding.

3. Purposes:
Items to be reported:
1. Business Report and Consolidated Financial Statements for the 40th term (from April 1, 2021 to March 31,2022), 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 40th term (from April 1, 2021 to March 31, 2022)
Items to be resolved:
Proposal 1:
Partial Amendments to the Articles of Incorporation
Proposal 2:
Election of Five (5) Board Members (Excluding Board Members Who Are Audit andSupervisory Committee Members)
Proposal 3:
Election of Four (4) Board Members Who Are Audit and Supervisory Committee
Members
4. Other Items Relating to This Notice:(1) Approval will be assumed if you exercise your voting rights using the voting form without indicating
approval or disapproval for each proposal.
(2) Your vote via the Internet, etc. will take precedence if you exercise your voting rights both via the Internet,
etc. and by returning the voting form by postal mail.
(3) Your final vote will take precedence if you exercise your voting rights via the Internet, etc. more than once.
(4) Among the documents that should be submitted with this Notice, based on laws and regulations and Article
14 of the Articles of Incorporation, the following items are on the Company’s website(https://www.paramountbed-hd.co.jp) so they are not listed in the documents attached to this Notice.
(i) Notes to the Consolidated Financial Statements(ii) Notes to the Non-Consolidated Financial Statements-1-

Therefore, the documents attached to this Notice are a part of the Consolidated Financial Statements or
Non-Consolidated Financial Statements that were audited by the Accounting Auditor and Audit andSupervisory Committee in preparing audit reports.
- In the event that amendments are made to the Reference Documents for the General Meeting of Shareholders, Business Report,
Non-Consolidated Financial Statements or Consolidated Financial Statements, the amended versions will be made available on the
Company website (https://www.paramountbed-hd.co.jp).

Notice Concerning Measures against Novel Coronavirus Disease (COVID-19) infection• We will notify any major adjustments to the operation of the General Meeting of Shareholders due to theinfection status and announcement from the government, etc. preceding the day of the General Meeting of
Shareholders on the Company’s website (https://www.paramountbed-hd.co.jp).
• Alcohol-based hand sanitizer will be provided near the reception of the venue. The Company requests
shareholders to bring and wear a mask.
• Body temperature will be checked near the entrance of the venue. Anyone who has a fever or seems to be
unwell may be requested not to enter the venue.
• Body temperatures and health conditions of staff who are serving at the venue will have been checked, andthey will wear masks.
• In order to reduce the infection risks and ensure business continuity of the Company, the number of Board
Members attending the General Meeting of Shareholders may be reduced regardless of their healthconditions on the day of the General Meeting of Shareholders. Also, the Board Members who will attend theGeneral Meeting of Shareholders will wear masks.
• Explanations on the business report, Non-consolidated Financial Statements, Consolidated Financial
Statements, and audit report from the Audit and Supervisory Committee will be made brief in the General
Meeting of Shareholders in order to shorten the duration of the meeting to mitigate the risks of virus
infection.
• A video recording of a portion of the meeting will be uploaded on the Company website(https://www.paramountbed-hd.co.jp/ir/event/meeting) at a later date.

-2-

Reference Documents for the General Meeting of Shareholders
Proposals and Reference Information
Proposal 1:

Partial Amendments to the Articles of Incorporation

1. Reasons for proposal
Since the revised provisions provided for in the proviso to Article 1 of the Supplementary Provisions of the Act
Partially Amending the Companies Act (Act No. 70 of 2019) are to be enforced on September 1, 2022, theCompany proposes to make the following changes to its Articles of Incorporation in preparation for the
introduction of the system for providing informational materials for the general meeting of shareholders inelectronic format.
(1) Article 14, paragraph 1 in “Proposed amendments” below will stipulate that the Company shall takemeasures for providing information that constitutes the content of reference documents for the general
meeting of shareholders, etc. in electronic format.
(2) Article 14, paragraph 2 in “Proposed amendments” below will establish the provision to limit the scopeof the items to be stated in the paper-based documents to be delivered to shareholders who requested thedelivery of paper-based documents.
(3) Since the provisions for Internet Disclosure and Deemed Provision of Reference Documents for the
General Meeting of Shareholders, Etc. (Article 14 of the current Articles of Incorporation) will no longer
be required, they will be deleted.
(4) Accompanying the aforementioned establishment and deletion of provisions, supplementary provisions
regarding the effective date, etc. will be established.
2. Details of the amendments
The details of the amendments are as follows.
(Underlined parts indicate the amendments)
Proposed amendments

Current Articles of Incorporation(Internet Disclosure and Deemed Provision of Reference
Documents for the General Meeting of Shareholders, Etc.)
Article 14
When the Company convenes a general meeting ofshareholders, if it discloses information that is to be stated orpresented in the reference documents for the general meeting ofshareholders, business report, non-consolidated financial
statements and consolidated financial statements through theInternet in accordance with the provisions prescribed by the
Ministry of Justice Order, it may be deemed that the Company
has provided this information to shareholders.
(Newly established)(Deleted)(Measures, etc. for Providing Information in Electronic Format)
Article 14
1. When the Company convenes a general meeting ofshareholders, it shall take measures for providing
information that constitutes the content of reference
documents for the general meeting of shareholders, etc. inelectronic format.
2. Among items for which the measures for providing
information in electronic format will be taken, theCompany may exclude all or some of those items
designated by the Ministry of Justice Order fromstatements in the paper-based documents to be delivered toshareholders who requested the delivery of paper-based
documents by the record date of voting rights.

-3-

Current Articles of Incorporation
Supplementary Provisions(Newly established)

Proposed amendments
Supplementary Provisions(Transitional Measures for Providing Informational Materials for
the General Meeting of Shareholders in Electronic Format)
1. The amendment to the Articles of Incorporation pertaining
to Article 14 shall be effective from September 1, 2022,
which is the date of enforcement of the revised provisions
provided for in the proviso to Article 1 of the
Supplementary Provisions of the Act Partially Amending
the Companies Act (Act No. 70 of 2019) (hereinafterreferred to as the “Date of Enforcement”).
2. Notwithstanding the provision of the preceding paragraph,
Article 14 of the Articles of Incorporation (Internet
Disclosure and Deemed Provision of Reference Documents
for the General Meeting of Shareholders, Etc.) shall remain
effective regarding any general meeting of shareholders
held on a date within six months from the Date of
Enforcement.
3. These Supplementary Provisions shall be deleted on thedate when six months have elapsed from the Date of
Enforcement or three months have elapsed from the date of
the general meeting of shareholders in the preceding
paragraph, whichever is later.

-4-

Proposal 2:

Election of Five (5) Board Members (Excluding Board Members Who Are Audit andSupervisory Committee Members)

At the time of the conclusion of this General Meeting, the terms of office of all five (5) Board Members (excluding
Board Members who are Audit and Supervisory Committee Members; hereafter the same shall apply in this
Proposal) will expire. Therefore, the Company proposes the election of five (5) Board Members.
Moreover, although this proposal has been considered by the Audit and Supervisory Committee, it has expressed its
opinion to the effect that it has no objections.
The candidates for Board Member are as follows:
No.
1
2
3

Name
Kyosuke Kimura
Tomohiko Kimura
Izumi Sato

Reelection
Reelection
Reelection

4

Toshiyuki Hatta

Reelection

5

Yosuke Kimura

Reelection

Position and responsibilities in the Company
Chairperson
President and Chief Executive Officer
Senior Managing Director
Member of the Board, General Manager of General Affairs
Department
Member of the Board, General Manager of Finance Department
and Information System Department

-5-

No.

Name
(Date of birth)

Career summary, position, responsibilities and significant concurrent
positions outside the Company
Apr. 1979
Aug. 1979
Oct. 1982
Sept. 1987
Apr. 1991
Apr. 1997
Apr. 2009

1

2

Number of theCompany’s shares
ownedJoined Paramount Bed Co., LTD.
Member of the Board of Paramount Bed Co., LTD.
Member of the Board of the Company
Senior Managing Director of Paramount Bed Co., LTD.
Senior Executive Director of Paramount Bed Co., LTD.
Executive Vice President of Paramount Bed Co., LTD.
President and Chief Executive Officer of Paramount Bed
Kyosuke KimuraCo., LTD.
(September 20, 1950)
1,819,236 sharesFeb. 2011
President and Chief Executive Officer of the Company
Apr. 2020
Chairperson of the Company (present position)
Reelection
Apr. 2020
Chairperson of Paramount Bed Co., LTD. (present
position)
June 2021
Outside Member of the Board of YUASA TRADING
CO., LTD. (present position)[Significant concurrent position outside the Company]
Chairperson of Paramount Bed Co., LTD.
Outside Member of the Board of YUASA TRADING CO., LTD.
[Reasons for nomination as candidate for Board Member]
Kyosuke Kimura has been a Board Member and Representative Director of the Company and the subsidiaries of theGroup for many years and has engaged in the corporate management. The Company has selected him as a candidate
again based on his plentiful experience and achievements.
Apr. 2008
Joined Paramount Bed Co., LTD.
June 2010
Corporate Officer, Deputy Director of Business Strategy
Planning Division of Paramount Bed Co., LTD.
Apr. 2011
Corporate Officer, Director of Global Business Divisionof Paramount Bed Co., LTD.
Oct. 2011
Corporate Officer of the Company
June 2014
Senior Corporate Officer of the Company
June 2015
Member of the Board of Paramount Bed Co., LTD.
Tomohiko Kimura
Apr. 2016
Senior Managing Director of Paramount Bed Co., LTD.
(July 17, 1977)
1,755,827 shares
June 2018
Senior Managing Director of the Company
Reelection
June 2019
Senior Executive Director of the Company
June 2019
Senior Executive Director of Paramount Bed Co., LTD.
Apr. 2020
President and Chief Executive Officer of the Company(present position)
Apr. 2020
President and Chief Executive Officer of Paramount Bed
Co., LTD. (present position)[Significant concurrent position outside the Company]
President and Chief Executive Officer of Paramount Bed Co., LTD.
[Reasons for nomination as candidate for Board Member]
Tomohiko Kimura has been primarily responsible for the Business Strategy Planning and Global Business Divisions. He
has worked as Senior Managing Director of Paramount Bed Co., LTD. from 2016, and has worked as Senior Managing
Director of the Company from 2018, as Senior Executive Director from 2019, and as President and Chief Executive
Officer from April 2020. The Company has selected him as a candidate again based on his plentiful experience andachievements in the Group.

-6-

No.

Name
(Date of birth)

Career summary, position, responsibilities and significant concurrent
positions outside the Company
Apr. 1980
Apr. 20093

4

Number of theCompany’s shares
ownedJoined Paramount Bed Co., LTD.
Corporate Officer, Director of Sales Division of
Paramount Bed Co., LTD.
June 2010
Member of the Board, Director of Sales Division of
Paramount Bed Co., LTD.
Oct. 2011
Member of the Board of the Company
June 2013
Senior Managing Director of the Company
June 2013
Senior Managing Director, Director of Sales Division of
Paramount Bed Co., LTD.
Izumi Sato
(March 24, 1958)
Apr. 2015
Senior Managing Director, General Manager of
16,443 shares
Corporate Planning Department of the Company
Reelection
Apr. 2015
Senior Managing Director of Paramount Bed Co., LTD.
Oct. 2015
Senior Managing Director of the Company (present
position)
Apr. 2020
Senior Managing Director and Chief Strategy Officer ofParamount Bed Co., LTD.
Apr. 2022
Senior Managing Director of Paramount Bed Co., LTD.
(present position)[Significant concurrent position outside the Company]
Senior Managing Director of Paramount Bed Co., LTD.
[Reasons for nomination as candidate for Board Member]
Izumi Sato has been primarily responsible for the Sales and Corporate Planning Divisions, and from 2010 he has
worked as a Board Member of Paramount Bed Co., LTD., from 2011 he has worked as a Board Member of theCompany and from 2013 he has worked as Senior Managing Director. The Company has selected him as a candidate
again based on his plentiful experience and achievements in the Group.
Apr. 1984
Joined Paramount Bed Co., LTD.
June 2011
Corporate Officer, General Manager of Human Resource
Department and Public and Investor Relations
Department of Paramount Bed Co., LTD.
Oct. 2011
Corporate Officer, General Manager of Human Resource
Department and Public and Investor Relations
Department of the Company
June 2018
Corporate Officer, General Manager of General Affairs
Department and Human Resource Department of theCompany
Toshiyuki Hatta
June 2018
Corporate Officer, Executive Director of Administration(December 21, 1961)
Division of Paramount Bed Co., LTD.
6,558 shares
June 2019
Member of the Board, General Manager of General
Reelection
Affairs Department and Human Resource Department of
the Company
June 2019
Member of the Board, Executive Director of
Administration Division of Paramount Bed Co., LTD.
(present position)
July 2020
Member of the Board, General Manager of General
Affairs Department of the Company (present position)[Significant concurrent position outside the Company]
Member of the Board, Executive Director of Administration Division of
Paramount Bed Co., LTD.
[Reasons for nomination as candidate for Board Member]
Toshiyuki Hatta has been primarily responsible for the Human Resource and Public and Investor Relations
Departments. He has worked as Corporate Officer of the Company and Paramount Bed Co., LTD. from 2011, and has
worked as a Board Member from 2019. The Company has selected him as a candidate again based on his plentiful
experience and achievements in the Group.

-7-

No.

Name
(Date of birth)

Career summary, position, responsibilities and significant concurrent
positions outside the Company
Apr. 2013
June 2015

5

Notes:

Number of theCompany’s shares
ownedJoined Paramount Bed Co., LTD.
Corporate Officer, Deputy Director of TechnicalEngineering Division of Paramount Bed Co., LTD.
Apr. 2017
Corporate Officer, Director of Technical Engineering
Division of Paramount Bed Co., LTD.
June 2017
Member of the Board, Director of Technical Engineering
Division of Paramount Bed Co., LTD.
Apr. 2018
Member of the Board, Executive Director of Financeand System Administration Division of Paramount Bed
Yosuke KimuraCo., LTD. (present position)(October 10, 1980)
743,150 shares
June 2019
Corporate Officer, General Manager of FinanceReelection
Department and Information System Department of theCompany
June 2020
Chief Financial Officer and Member of the Board,
General Manager of Finance Department andInformation System Department of the Company(present position)[Significant concurrent position outside the Company]
Member of the Board, Executive Director of Finance and System
Administration Division of Paramount Bed Co., LTD.
[Reasons for nomination as candidate for Board Member]
Yosuke Kimura has been primarily responsible for the Technical Engineering and Finance and System Administration
Divisions. He has worked as Corporate Officer and a Board Member of Paramount Bed Co., LTD. from 2015 and 2017,
respectively, and has worked as Corporate Officer and a Board Member of the Company from 2019 and 2020,
respectively. The Company has selected him as a candidate again based on his experience and achievements in theGroup.
1. There is no special interest between each of the candidates and the Company.
2. The Company has entered into a directors and officers liability insurance policy based on Article 430-3, Paragraph 1 of
the Companies Act with an insurance company. The policy covers a certain amount of losses in cases where an insured
bears expenses of litigation arising from the performance of duties as a director or officer and pays an amount of
indemnification or settlement money to a third party or company.
The insureds in the directors and officers liability insurance policy are Board Members, Auditors, and Corporate Officersof the Company and its subsidiaries, and the premiums for all insureds are fully borne by the Company. If the election ofeach candidate is approved, each of them will continue to be included in the policy as an insured. The Company plans torenew the policy with the same details during their terms of office.

-8-

Proposal 3:

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

At the time of the conclusion of this General Meeting, the terms of office of all four (4) Board Members who are
Audit and Supervisory Committee Members will expire. Therefore, the Company requests the election of four (4)Board Members who are Audit and Supervisory Committee Members.
In addition, this proposal has obtained the consent of the Audit and Supervisory Committee.
Candidates for the role of Board Members who are Audit and Supervisory Committee Members are as follows.
No.
1

Kenji Ouchi

Name
New election

2

Yukari Oka

Reelection

3

Masaki Sato

Reelection

4

Yoshikazu Goto

Reelection

Position and responsibilities in the Company
Corporate Advisor
Unaffiliated member of the Board (Audit and Supervisory
Committee Member)
Unaffiliated member of the Board (Audit and Supervisory
Committee Member)
Unaffiliated member of the Board (Audit and Supervisory
Committee Member)

-9-

No.

Name
(Date of birth)

Career summary, position, responsibilities and significant concurrent
positions outside the Company
Apr. 1982
Apr. 20091

2

3

Number of theCompany’s shares
ownedJoined Paramount Bed Co., LTD.
Corporate Officer, Executive Director of Finance andKenji Ouchi
System Administration Division of Paramount Bed Co.,
(January 12, 1959)
LTD.
- sharesOct. 2011
Corporate Officer, General Manager of FinanceNew election
Department of the Company
June 2019
Corporate Advisor of the Company (present position)[Reasons for nomination as candidate for Board Member who is an Audit and Supervisory Committee Member]
Kenji Ouchi has been primarily responsible for administrative divisions mainly in the Corporate Strategy and Finance
Departments. He has worked as a Corporate Officer of the Company from 2011, as well as an Auditor of subsidiaries of
the Company. The Company has selected him as a candidate based on his plentiful experience and achievements in theGroup.
Mar. 1995
Completed The Legal Training and Research Institute ofJapan
Apr. 1995
Registered as an attorney-at-law
Yukari Oka
June 2007
Unaffiliated Auditor of Paramount Bed Co., LTD.
(April 26, 1963)- shares
Apr. 2011
Unaffiliated Auditor of the Company
June 2015
Unaffiliated member of the Board of the Company
Reelection
June 2016
Unaffiliated member of the Board of the Company(Audit and Supervisory Committee Member) (present
position)[Reasons for nomination as candidate for Outside Board Member who is an Audit and Supervisory Committee Member
and outline of expected roles]
Yukari Oka has built up specialized knowledge and high principles as a lawyer. The Company has selected her as a
candidate again so she can use that judgment to strengthen the Company’s compliance management and corporate
governance structure. While she does not have direct corporate management experience, for the above reasons theCompany has determined that she can appropriately fulfill her duties as an Outside Board Member.
June 1973
Joined Nishikata Audit Corporation (Currently Deloitte
Touche Tohmatsu LLC)
Mar. 1976
Registered as a Certified Public Accountant
Nov. 1986
Partner, Nishikata Audit Corporation
Masaki Sato
July 1993
Senior Partner, Tohmatsu & Co. (Currently Deloitte(September 17, 1947)- shares
Touche Tohmatsu LLC)
Dec. 2012
Left Deloitte Touche Tohmatsu LLC
Reelection
June 2015
Unaffiliated Auditor of the Company
June 2016
Unaffiliated member of the Board of the Company(Audit and Supervisory Committee Member) (present
position)[Reasons for nomination as candidate for Outside Board Member who is an Audit and Supervisory Committee Member
and outline of expected roles]
Masaki Sato is a Certified Public Accountant and has high principles based on many years of experience in accounting
audits. The Company has selected him as a candidate again so he can use those principles to strengthen the Company’s
corporate governance structure. While he does not have direct corporate management experience, for the above reasons
the Company has determined that he can appropriately fulfill his duties as an Outside Board Member.

- 10 -

No.

Name(Date of birth)

Career summary, position, responsibilities and significant concurrent
positions outside the Company
Apr. 1980

4

Notes:

Number of theCompany’s shares
ownedJoined Ministry of International Trade and Industry(Currently, Ministry of Economy, Trade and Industry)
Aug. 2003
Director, Standards Development and Planning Division,
Industrial Science and Technology Policy andEnvironment Bureau, Ministry of Economy, Trade andIndustry
June 2004
Director, Small and Medium Enterprise Agency/
Engineering Division, Ministry of Economy, Trade andIndustry
July 2008
Deputy Director-General, Manufacturing Industries
Bureau, Ministry of Economy, Trade and Industry
Yoshikazu Goto
Apr. 2010
Deputy Director-General, Manufacturing Industries(October 30, 1955)
Bureau, Ministry of Economy, Trade and Industry- sharesOct. 2012
Professor, Department of Materials Engineering, School
Reelectionof Engineering, The University of Tokyo
June 2015
Unaffiliated member of the Board of the Company
Oct. 2017
Vice-President, General Director of Technical ResearchInstitute of Japan Society for the Promotion of Machine
Industry
June 2018
Unaffiliated member of the Board of the Company(Audit and Supervisory Committee Member) (present
position)Mar. 2022
External Director of Sodick Co., Ltd. (present position)[Significant concurrent position outside the Company]
External Director of Sodick Co., Ltd.
[Reasons for nomination as candidate for Outside Board Member who is an Audit and Supervisory Committee Member
and outline of expected roles]
Yoshikazu Goto has spent many years primarily in the affairs of economic administration for industrial promotion
focused on companies’ manufacturing and has plentiful experience and broad insights regarding industrial-academic
collaboration and research. In order to have him use his insights in the management of the Company and to further
strengthen the Company’s corporate governance structure, the Company has selected him as a candidate again. While hedoes not have direct corporate management experience, for the above reasons the Company has determined that he canappropriately fulfill his duties as an Outside Board Member.
1. There is no special interest between each of the candidates and the Company.
2. Yukari Oka, Masaki Sato, and Yoshikazu Goto are candidates for Outside Board Member.
3. Yukari Oka is currently an Outside Board Member of the Company and her tenure in office as an Outside Board
Member at the time of the conclusion of this General Meeting of Shareholders will be seven (7) years (her tenure in
office as an Outside Board Member who is an Audit and Supervisory Committee Member will be six (6) years).
4. Masaki Sato is currently an Outside Board Member of the Company and his tenure in office as an Outside Board
Member who is an Audit and Supervisory Committee Member at the time of the conclusion of this General Meeting of
Shareholders will be six (6) years.
5. Yoshikazu Goto is currently an Outside Board Member of the Company and his tenure in office as an Outside Board
Member at the time of the conclusion of this General Meeting of Shareholders will be seven (7) years (his tenure in
office as an Outside Board Member who is an Audit and Supervisory Committee Member will be four (4) years).
6. The Company has concluded limited liability agreements with Yukari Oka, Masaki Sato, and Yoshikazu Goto who are
Outside Board Members, as specified in Article 423, Paragraph 1 of the Companies Act, based on Article 427, Paragraph
1 of the Companies Act and in the Company’s Articles of Incorporation, limiting liability to the minimum liability
amount as specified in Article 425, Paragraph 1 of the Companies Act. If these three (3) candidates’ reelection isapproved, the Company intends to continue these agreements.
7. The Company has entered into a directors and officers liability insurance policy based on Article 430-3, Paragraph 1 of
the Companies Act with an insurance company. The policy covers a certain amount of losses in cases where an insured
bears expenses of litigation arising from the performance of duties as a director or officer and pays an amount of
indemnification or settlement money to a third party or company.
The insureds in the directors and officers liability insurance policy are Board Members, Auditors, and Corporate Officersof the Company and its subsidiaries, and the premiums for all insureds are fully borne by the Company. If the election ofeach candidate is approved, each of them will continue to be included in the policy as an insured. The Company plans torenew the policy with the same details during their terms of office.

- 11 -

8. The Company has specified Yukari Oka, Masaki Sato, and Yoshikazu Goto as Independent Officers as specified by
Tokyo Stock Exchange, Inc. and has registered them with the same Exchange. If the reelection of these three (3)candidates is approved, the Company plans for their appointments as Independent Officers to continue.

- 12 -

[Reference] List of Board Members if Proposals 2 and 3 are Approved and Their Skill Matrix
A list of members of the Board and the Audit and Supervisory Committee if Proposals 2 and 3 are approved andadopted and their expertise are as follows.
The areas of expertise that are particularly expected based on each Board Member candidate’s experience to dateare marked with ●. Note that the matrix does not show all insight or experiences they may have.
Name of Board
Membercandidate

Kyosuke
KimuraTomohiko
KimuraIzumi Sato
Toshiyuki
Hatta
YosukeKimuraPosition in the Company

Chairperson
President and Chief Executive
Officer
Senior Managing Director

Corporate
management,
businessstrategy

Finance,accounting●

Production,technology,
quality

●
●

●

●
●

Board Member

●
●

●

●

●

●

●

- 13 -

Global●●Board Member

Board Member
Kenji Ouchi (Full-time Audit and Supervisory
Committee Member)
Outside Board Member
Yukari Oka (Audit and Supervisory Committee
Member)Outside Board Member
Masaki Sato (Audit and Supervisory Committee
Member)Outside Board Member
Yoshikazu(Audit and Supervisory Committee
Goto
Member)Human
Legal affairs, resources,
compliance labor, talentdevelopment●●