Securities Code 9678
January 7, 2019
To Our Shareholders
1-19, Odori Higashi 3-chome
Chuo-ku, Sapporo, Hokkaido
060-0041, Japan

Tetsuo Kanamoto, President

Notification and Invitation to the 54th Regular General Meeting of the Shareholders
On behalf of the company, I would like to express our sincere appreciation for your continuing
support.
It is a pleasure to send you notification of the 54th Regular General Meeting of the Shareholders ofKanamoto Company, Ltd., which will be convened at the time and location indicated below.
If you are unable to attend the Meeting, please take a few moments to read the following reference
documents for the General Meeting of the Shareholders, and exercise your voting rights by using
either of the procedures indicated below.
[To exercise your shareholder voting rights in writing (by mail)]Shareholders who wish to exercise their voting rights using the Form for Exercising Voting Rights are requested
to use the enclosed form to cast an affirmative or negative vote regarding the resolutions presented for approval.
Please sign your voting form and return it to us by 5:00 p.m. on Monday, January 28, 2019 (Japan time).
[To exercise your shareholder voting rights by Internet]
Shareholders who wish to exercise their voting rights using the Internet are requested to exercise their voting
rights to cast an affirmative or negative vote regarding the resolutions presented for approval by 5:00 p.m. on
Monday, January 28, 2019 (Japan time).

◎Please refer to the Instructions When Exercising of Voting Rights Using the Internet, etc. provided below onPage 13 to 15.

1. Date and Time
2. Location

Tuesday, January 29, 2019, 10:00 a.m. (Reception desk will open from 9:00 a.m.)
11-1 Nishi, Kita 1-jo, Chuo-ku, Sapporo, Hokkaido, Japan
Royton Sapporo, 3rd Floor “Royton Hall”

3. Purpose and Topics of the Meeting
Matters to be reported
1. Report of Business Operations and the Consolidated Financial Statements, and the Report on
Results of the Audit by the Accounting Auditor and the Board of Corporate Auditors on theConsolidated Financial Statements, for the 54th Business Period (from November 1, 2017 to
October 31, 2018)
2. Report of the Company Financial Statements for the 54th Business Period (from November 1, 2017
to October 31, 2018)
Resolutions to be presented for Shareholder Approval
Resolution #1 Appointment of twelve (12) individuals to position of Director
Resolution #2

Appointment of four (4) individuals to position of Corporate Auditor－1－◎Exercise of voting rights by proxy
When you will exercise your voting rights by proxy, one (1) other shareholder with voting rights can attend theGeneral Meeting of the Shareholders as your representative. However, your proxy will be required to present
documentation to verify he/she has the authority to vote on your behalf.

◎When attending the General Meeting of the Shareholders on the scheduled date, please submit the enclosed Formfor Exercising Voting Rights at the reception desk on the meeting date.
◎As part of the documents to be provided to shareholders when issuing this notification to convene a Regular General
Meeting of the Shareholders, information pertaining to matters that should be disclosed in the Notes to theConsolidated Financial Statements and Notes to the Company Financial Statements will be provided to shareholders
in the form of documents available on Kanamoto’s Internet website [https://www.kanamoto.ne.jp] based on laws andregulations and Article 16 of Kanamoto’s Articles of Incorporation.
In addition to the matters described in the enclosed 54th Business Period Report of Business Operations, thematters that should be disclosed as Notes to the Consolidated Financial Statements and Notes to the Company
Financial Statements are included as well in the Consolidated Financial Statements and Company Financial
Statements that were audited when the Board of Corporate Auditors prepared its Audit Report and the Accounting
Auditor prepared its Audit Report, respectively.
In the event of revisions to the Reference Documents for the General Meeting of the Shareholders described below
and the Report of Business Operations or Consolidated Financial Statements and the Company Financial Statements
described in the 54th Business Period Report of Business Operations, the Company will publish the changes on its
Internet website [https://www.kanamoto.ne.jp].

－2－Reference Documents for the General Meeting of the Shareholders
Resolution #1 Appointment of twelve (12) individuals to position of Director
The term of office of fourteen (14) Company Directors will terminate at the conclusion of the Regular
General Meeting of the Shareholders. Therefore, the Company is requesting approval to appoint
twelve (12) individuals to the position of Director, lowering the number by two (2) to enhance theefficiency of the management system.
Information on the candidates for Director is provided below.
NomineenumberName

Position and duties at Kanamoto

Attribute of candidate

1

Kanchu Kanamoto

Chairman of the Board and Representative
Director

Reappointment

2

Tetsuo Kanamoto

President and CEO, Corporate Officer, General
Manager, Business Coordination
Headquarters

Reappointment

3

Hitoshi Narita

Director, Corporate Officer, Division Manager,
Management Planning Division

Reappointment

Director, Corporate Officer
Division Manager, Construction Equipment
Rental Division serving concurrently as
Regional Manager, Construction Equipment
Rental Division Hokkaido Regionand Manager in charge of Steel Sales Division
Director, Corporate Officer
Deputy Division Manager, Construction
Equipment Rental Division serving
concurrently as Division Manager, Used
Equipment Sales Division
Director, Corporate Officer, Division Manager,
Administration Division serving concurrently
as General Manager, Secretary Office

4

Tatsuo Kanamoto

5

Masakazu Hirata

6

Hiroyuki Isono

7

Manabu Nagasaki

Director, Corporate Officer

Reappointment

8

Yuichi Asano

Director, Corporate Officer, Division Manager,
Credit Management Division

Reappointment

9

Kazunori Hashiguchi

Director, Corporate Officer, Division Manager,
Human Resources Division serving
concurrently as General Manager, Market
Development Office

Reappointment

10

Susumu Naito

Outside Director

Reappointment

OutsideIndependent

11

Masayuki Oikawa

Outside Director

Reappointment

OutsideIndependent

12

Motoki Yonekawa

Outside Director

Reappointment

OutsideIndependent－3－

Reappointment

Reappointment

Reappointment

Nominee
numberName(Date of birth)

Kanchu Kanamoto(November 29,
1946)[Reappointment]
1

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
April 1973
November 1981
January 1990
April 1996
June 1998
January 2001
November 2016

Joined Kanamoto Co., Ltd.
Promoted to Director
Promoted to Executive Director
Promoted to Executive Vice President
Promoted to President and CEO
Promoted to Corporate Officer
Promoted to Chairman of the Board andRepresentative Director (Present position)[Main concurrent positions at other entities]
Chairman of the Board, Kanamoto (China) Investment Co., Ltd.

Number ofshares ofKanamoto stock
owned

488,200 shares[The reason that the Company has proposed Kanchu Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of Chairman of the Board and Representative Director of the Company. He has been
engaged in corporate management as a director of the Company for 37 years since November 1981 andfulfilled his duties appropriately. Based on the above facts, the Company has judged him to be suitable
as a director of the Company and has continued to appoint him as a candidate for director.
January 1983
September 2000

Tetsuo Kanamoto(May 21, 1960)[Reappointment]
2

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Kanto Region
April 2001
Promoted to Corporate Officer
November 2002
Division Manager, Construction Equipment
Rental Division
January 2004
Promoted to Director
June 2005
General Manager, Business Coordination
Headquarters (Present position)
April 2012
Promoted to Senior Corporate Officer
November 2014
Promoted to Senior Vice President andCorporate Officer
November 2016
Promoted to President and CEO and Corporate
Officer (Present position)[Main concurrent positions at other entities]
President and Representative Director, Toyo Industry Co., Ltd.
Chairman of the Board and Representative Director, Unite Co.,
Ltd.
Chairman of the Board and Representative Director, KG
Flowtechno Co., Ltd.
Chairman of the Board, KANAMOTO (HK) CO., LTD.
Representative Director, Kanamoto & JP Nelson Equipment (S)PTE. Ltd.

12,487 shares[The reason that the Company has proposed Tetsuo Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of President and CEO, and as well as the duties of the division manager of aBusiness Division. He has been engaged in corporate management as a director of the Company for 15
years since January 2004 and fulfilled his duties appropriately. Based on the above facts, the Company
has judged him to be suitable as a director of the Company and has continued to appoint him as a
candidate for director.
November 1981
January 2000

Hitoshi Narita(July 10, 1957)[Reappointment]
3

Joined Kanamoto Co., Ltd.
Division Manager, Business Planning Division(now Management Planning Division) (Present
position)January 2001
Promoted to Corporate Officer (Present
position)January 2004
Promoted to Director (Present position)[Main concurrent positions at other entities]
President and Representative Director, Kanatech Co., Ltd.

7,000 shares[The reason that the Company has proposed Hitoshi Narita as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Management Planning Division. He has been engaged
in corporate management as a director of the Company for 15 years since January 2004 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as a directorof the Company and has continued to appoint him as a candidate for director.

－4－Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
April 1994
April 2001
January 2003
April 2003
April 2005

Tatsuo Kanamoto(February 2, 1962)[Reappointment]

January 2007
February 2012
February 2014
February 2016

4

April 2016
November 2016

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Kinki-Chubu Region
Promoted to Corporate Officer (Present
position)
Regional Manager, Construction Equipment
Rental Division Tohoku Region
Regional Manager, Construction Equipment
Rental Division Hokkaido Region (Present
position)
Promoted to Director (Present position)
Promoted to Deputy Division Manager,
Construction Equipment Rental Division
General Manager, Steel Sales Division
Manager in charge of Steel Sales Division(Present position)
Regional Manager, Construction Equipment
Rental Division Kanto & Koshinetsu Region
Division Manager, Construction Equipment
Rental Division (Present position)

Number ofshares ofKanamoto stock
owned

90,000 shares[The reason that the Company has proposed Tatsuo Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Construction Equipment Rental Division and thegeneral manager of the Steel Sales Division. He has been engaged in corporate management as adirector of the Company for 12 years since January 2007 and fulfilled his duties appropriately. Based on
the above facts, the Company has judged him to be suitable as a director of the Company and has
continued to appoint him as a candidate for director.
January 1975
April 1997

Masakazu Hirata(March 20, 1950)

January 2001

[Reappointment]
5
July 2001
January 2006

Joined Kanamoto Co., Ltd.
Deputy Division Manager, Construction
Equipment Rental Division Hokkaido Region,
serving concurrently as Regional Coordination
Manager, Repair and Maintenance Hokkaido
RegionPromoted to Corporate Officer
Deputy Division Manager, Construction
Equipment Rental Division, serving
concurrently as Division Manager, Used
Equipment Sales Division (Present position)
General Manager, Quality Assurance Office
Promoted to Director (Present position)

22,000 shares[The reason that the Company has proposed Masakazu Hirata as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Used Equipment Sales Division and the Repair andMaintenance divisions. He has been engaged in corporate management as a director of the Company for
13 years since January 2006 and fulfilled his duties appropriately. Based on the above facts, theCompany has judged him to be suitable as a director of the Company and has continued to appoint him
as a candidate for director.
December 2005

Hiroyuki Isono(August 31, 1951)[Reappointment]
6

May 2006
November 2006
January 2007
November 2016

Joined Kanamoto Co., Ltd.
Division Manager, Administration Division(Present position)
Promoted to Corporate Officer (Present
position)
General Manager, Office of the President
Promoted to Director (Present position)
General Manager, Secretary Office (Present
position)

25,300 shares[The reason that the Company has proposed Hiroyuki Isono as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Administration Division. He has been engaged incorporate management as a director of the Company for 12 years since January 2007 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as a directorof the Company and has continued to appoint him as a candidate for director.

－5－Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)

Number ofshares ofKanamoto stock
owned

September 1986
April 2005

Manabu Nagasaki(November 29,
1963)[Reappointment]
7

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Tohoku Region
January 2006
Promoted to Corporate Officer (Present
position)January 2007
Promoted to Director (Present position)
May 2010
Regional Manager, Construction Equipment
Rental Division Kanto Region
November 2013
Regional Manager, Construction Equipment
Rental Division Kanto and Shinetsu Region
April 2016
Regional Manager, Construction Equipment
Rental Division Kyushu Region[Main concurrent positions at other companies]
Representative Director and President, NISHIKEN CO., LTD.

–

[The reason that the Company has proposed Manabu Nagasaki as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the manager responsible for the associated companies. He has been engaged incorporate management as a director of the Company for 12 years since January 2007 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as a directorof the Company and has continued to appoint him as a candidate for director.
Yuichi Asano

September 2000
April 2003

(February 22,
1955)[Reappointment]
8

January 2009

Joined Kanamoto Co., Ltd.
Promoted to Corporate Officer (Present
position)
Division Manager, Credit Management Division
serving concurrently as General Manager,
Auditing Office and General Manager, Legal
Office (Present position)
Promoted to Director (Present position)

3,000 shares[The reason that the Company has proposed Yuichi Asano as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Credit Management Division. He has been engaged
in corporate management as a director of the Company for 10 years since January 2009 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as a directorof the Company and has continued to appoint him as a candidate for director.
January 2012

April 2012

Kazunori Hashiguchi(March 28, 1960)[Reappointment]

November 2013

9February 2016
November 2018

Joined Kanamoto Co., Ltd. and appointed
Corporate Officer (Present position)
Assistant to General Manager, Business
Coordination Headquarters
Promoted to Director (Present position)
Division Manager, Information Products
Division (Present position)
Division Manager, Market Development
Division (now General Manager, Market
Development Office) (Present position)
Manager in charge of Construction Equipment
Rental Division Event Marketing Division
serving concurrently as Manager in charge of
New Products Office
Manager in charge of Information Products
Division
Division Manager, Human Resources Division(Present position)

500 shares[The reason that the Company has proposed Kazunori Hashiguchi as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the assistant general manager of a Business Division and the division managerof the Information Products Division and the Market Development Division. He has been engaged incorporate management as a director of the Company for 7 years since January 2012 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as a directorof the Company and has continued to appoint him as a candidate for director.

－6－Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
April 1990
November 2011
May 2012

Susumu Naito(July 4, 1967)[Reappointment][Candidate for
Outside Director][Independent

March 2013
January 2016
January 2017

Officer]10June 2018

Number ofshares ofKanamoto stock
owned

Joined ORIX Corporation
General Manager, Electric Power Business
Department, ORIX Corporation
General Manager, Electric Power Business
Department, ORIX Corporation
Promoted to President, ORIX Electric Power
Corporation
General Manager, Sales Department I, ORIX
Corporation
Trustee, Deputy Head, Tokyo Sales
Headquarters, General Manager, Sales
Department I, ORIX Corporation
Trustee, Deputy Head, Eastern Japan Sales
Headquarters, ORIX Corporation (Present
position)
President and Representative Director, ORIX
Food Supply Corporation
Outside Director, Kanamoto Co., Ltd. (Present
position)
Director, Hyakugo Leasing Company Limited(Present position)–[The reason that the Company has proposed Susumu Naito as a candidate for Outside Director]
Since he has successively held responsible positions in ORIX Corporation, and furthermore, has gained
experience of management of its subsidiary, he can use his extensive experience and knowledge
cultivated to contribute to the management of the Company and provide appropriate advice from a
broad viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,” set
forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo Securities
Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of Susumu Naito as an“independent officer” as provided by the rules etc. of both exchanges.

Masayuki Oikawa(May 9, 1967)[Reappointment][Candidate for
Outside Director][Independent
Officer]
11

July 1997
April 2006
March 2009
November 2012
January 2017

Joined ORIX Corporation
Branch Manager, Kashiwa Branch Office, ORIX
Corporation
Branch Manager, Koriyama Branch Office,
ORIX Corporation
Branch Manager, Shizuoka Branch Office, ORIX
Corporation
Hokkaido Block General Manager, EasternJapan Sales Headquarters, ORIX Corporation(Present position)
Outside Director, Kanamoto Co., Ltd. (Present
position)[The reason that the Company has proposed Masayuki Oikawa as a candidate for Outside Director]
Although he has not participated in corporate management, as he has successively held responsible
positions in ORIX Corporation, he can use his extensive experience and knowledge cultivated tocontribute to the management of the Company and provide appropriate advice from a broad viewpoint
concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,” set
forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo Securities
Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of Masayuki Oikawa asan “independent officer” as provided by the rules etc. of both exchanges.

－7－–Nominee
numberName(Date of birth)
Motoki Yonekawa
December 22,
1946[Reappointment][Candidate for
Outside Director][Independent
Officer]

12

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
May 1985
April 1996
April 2007
September 2011
January 2016

Number ofshares ofKanamoto stock
owned

Vice President, Sapporo Hokuyu Hospital
President, Sapporo Hokuyu Hospital of Medical
Corporation Hokuyukai
Chairperson, Specified Medical Corporation
Hokuyukai
Chairperson, Social Medical Corporation
Hokuyukai (Present position)
Outside Director, Kanamoto Co., Ltd. (Present
position)–[The reason that the Company has proposed Motoki Yonekawa as a candidate for Outside Director]
Although he has not participated in corporate management, he can use his experience and knowledge as
an executive at a medical institute, which is in an industry different to that in which the Company
operates, to contribute to the management of the Company and provide appropriate advice from a broad
viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,” set
forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo Securities
Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of Motoki Yonekawa asan “independent officer” as provided by the rules etc. of both exchanges.

(Notes) 1. There are no special interests between the candidates for Director and the Company.
2. Susumu Naito, Masayuki Oikawa, and Motoki Yonekawa are candidates for Outside Director.
3. The terms of office of Motoki Yonekawa, Susumu Naito and Masayuki Oikawa as Outside Director of the Company will havebeen three years, two years, and two years respectively at the conclusion of the Regular General Meeting of the Shareholders.
4. To enable its outside director to sufficiently demonstrate the role expected of them, the Company has set forth a provision in
its Articles of Incorporation that enables the Company to enter into a contract (Contract of Limitation of Liability) with each
Outside Director to the effect that, when circumstances correspond to the requirements provided in laws and regulations
concerning liability for damages under Article 423 paragraph (1) of the Companies Act, said liability for damages shall belimited to the total maximum liability for damages provided in laws and regulations, and at the present time the Company hasentered into a Contract for Limitation of Liability with each Outside Director. The Company plans to continue these contracts if
the reappointment of Susumu Naito, Masayuki Oikawa, and Motoki Yonekawa is approved.
5. The details of “criteria for judging the independence of outside directors” set forth by the Company are stated on Page 9.

－8－

[Criteria for Judging the Independence of Outside Directors]
The Company has established the following Criteria for Judging the Independence of Outside Directors:(1)

A person who is not a director involved in executing business operations, an executive officer, corporate officer,
manager, auditor, or other employee of the Company or a consolidated subsidiary, or has not been executing
business at the Company or a consolidated subsidiary within the previous ten years;(2)

A person who is not a business partner who has received payments from the Company or a consolidated
subsidiary or made payments to the Company or a consolidated subsidiary within the most recent three fiscal
years equivalent to more than 2% of either of the party’s consolidated sales, or a person who is not currently
executing business at that company or has done so within the past three years;(3)

A person who is not a specialist, such as a consultant, accounting professional or legal profession (or if thespecialist is an institution, a person belonging to said institution) who received monetary or othercompensation, other than director compensation, equivalent to 10 million yen or more per year on average fromthe Company within the last three fiscal years, or has received payments from the Company or any of its
consolidated subsidiaries equivalent to 2% or more of the office’s total sales;(4)

A person who is not a spouse or relative within the second degree of kinship of, a director, an executive officer
or corporate officer of the Company, or a consolidated subsidiary, or a person deemed to be insufficiently
independent based on the conditions stipulated in (2) or (3) above;(5)

A person who is not a major shareholder of the Company holding 10% or more of the current total voting rights
or a person executing the business of a major shareholder;(6)

A person who is not a director, corporate auditor, accounting advisor, executive officer, or corporate officer of acompany that accepts directors or auditors from the Company or a consolidated subsidiary, its parent company,or subsidiary; or(7)

A certified public accountant (or certified tax accountant) or staff, partner, or employee of the auditing
corporation (or certified tax accounting firm) serving as the Company’s or a consolidated subsidiary’s
accounting auditor or accounting advisor, or a person who has been in charge of auditing operations for theCompany or a consolidated subsidiary within the past three years.

－9－Resolution #2 Appointment of four (4) individuals to position of Corporate Auditor
Among the six (6) currently serving Corporate Auditors, the term of office for Eichu Kanamoto,
Naoyuki Yokota, Kiyohiro Tsuji and Koji Soga, will terminate at the conclusion of the Regular General
Meeting of the Shareholders. The Company is requesting approval to appoint four (4) individuals tothe position of Corporate Auditor.
The Company has obtained the consent of the Board of Corporate Auditors for this proposal.
Information on the candidate for Corporate Auditor is provided below.
NomineenumberName

Position at Kanamoto

Attribute of candidate

1

Eichu Kanamoto

Standing Corporate Auditor

Reappointment

2

Naoyuki Yokota

Standing Corporate Auditor

Reappointment

3

Noriaki Ikushima–New
appointment

Independent

4

Katsunori Matsushita–New
appointment

Independent－10－

Nominee
numberName(Date of birth)

Employment history and position at Kanamoto(Main concurrent positions at other entities)
June 1975
January 1990
May 1996

Eichu Kanamoto(July 26, 1949)[Reappointment]

January 2001
January 2003
April 2003

1
December 2005

January 2007

Joined Kanamoto Co., Ltd.
Promoted to Director, Regional Manager,
Construction Equipment Rental Division
Tohoku Region
Division Manager, Credit Management Division
serving concurrently as General Manager,
Auditing Office
Promoted to Corporate Officer
Promoted to Director
Division Manager, Administration Division
serving concurrently as Manager in charge of
Credit Management Division and Manager incharge of Auditing Office
Manager in charge of Administration Division
and Credit Analysis Section, Credit
Management Division serving concurrently as
Chair, Internal Control Project teamStanding Corporate Auditor (Present position)

Number ofshares ofKanamoto stock
owned

308,800 shares[The reason that the Company has proposed Eichu Kanamoto as candidate for Corporate Auditor]
He has fulfilled his duties appropriately by auditing the management status based on his extensive
experience and knowledge cultivated since his appointment as director. Based on the above facts, theCompany has judged him to be suitable as a corporate auditor of the Company and has continued toappoint him as a candidate for corporate auditor.
April 1979
January 2004

Naoyuki Yokota(July 20, 1954)[Reappointment]

April 2006
April 2009

2

January 2011

Joined Hokuyo Sogo Bank, Ltd. (now North
Pacific Bank, Ltd.)
Branch Manager, Docho Branch serving
concurrently as Manager, Docho Annex Sub
Branch, North Pacific Bank, Ltd.
Branch Manager, Fukagawa Branch, North
Pacific Bank, Ltd.
Branch Manager, Shiroishi-chuo Branch, North
Pacific Bank, Ltd.
Standing Corporate Auditor (Present position)–[The reason that the Company has proposed Naoyuki Yokota as candidate for Corporate Auditor]
Although he has not participated in corporate management, he has fulfilled his duties appropriately byauditing the financial status based on his extensive experience and knowledge cultivated in the financial
field. Based on the above facts, the Company has judged him to be suitable as a corporate auditor of theCompany and has continued to appoint him as a candidate for corporate auditor.
July 1977
April 2001
April 2003

Noriaki Ikushima(June 7, 1952)

April 2005

[New
appointment][Independent
Officer]3

April 2007
April 2009
May 2015
May 2015
March 2018

Entered the service of Sapporo City Hall
Director, Citizen Affairs Department, Chuo
Ward Office, City of Sapporo
Director, Finance Department, Finance
Bureau, City of Sapporo
Director General, City Administration
Promotion Office, General Affairs Bureau, Cityof Sapporo
Director General, General Affairs Bureau, Cityof Sapporo
Vice Mayor, City of Sapporo
Resigned as Vice Mayor, City of Sapporo
Secretary General, the Eighth Asian WinterGames Committee
Resigned as Secretary General, the Eighth
Asian Winter Games Committee[The reason that the Company has proposed Noriaki Ikushima as candidate for Outside Corporate
Auditor]
Although he has not participated in corporate management, he can use his extensive experience andknowledge from his involvement in administration and management through his participation inmunicipal government to contribute to the auditing system of the Company and provide appropriate
advice from a broad viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of “independent officer” provided by the rules etc. of the Tokyo Stock
Exchange and Sapporo Securities Exchange, the exchanges on which Kanamoto’s shares are listed. If his
appointment is approved, the Company plans to notify him as an “independent officer.”

－11－

–

Nominee
numberName(Date of birth)

Employment history and position at Kanamoto(Main concurrent positions at other entities)
April 1983
October 2008
May 2010

KatsunoriMatsushita(July 25, 1959)

January 2011

[New
appointment][Independent

April 2013

Officer]June 2014

4

June 2016
June 2018

Number ofshares ofKanamoto stock
owned

Joined Hokkaido Sogo Bank, Ltd. (now North
Pacific Bank, Ltd.)Manager, Planning Section II, Management
Planning Department, North Pacific Bank, Ltd.
Deputy General Manager, Management
Planning Department serving concurrently asManager, Planning Section II, North PacificBank, Ltd.
Branch Manager, Sapporo Nishi Branch serving
concurrently as Manager, Sapporo Medical
University Hospital Sub Branch, North PacificBank, Ltd.
General Manager, Corporate Business
Department, Head Office, North Pacific Bank,
Ltd.
Executive Officer, Deputy Head Office Manager,
North Pacific Bank, Ltd.
Director, North Pacific Bank, Ltd.
Audit & Supervisory Board Member, North
Pacific Bank, Ltd. (Present position)–[The reason that the Company has proposed Katsunori Matsushita as candidate for Outside Corporate
Auditor]He has successively held responsible positions in North Pacific Bank, Ltd., can use his extensive
experience and knowledge cultivated in the corporate management and financial field to contribute to
the auditing system of the Company and provide appropriate advice from a broad viewpoint concerning
the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of “independent officer” provided by the rules etc. of the Tokyo Stock
Exchange and Sapporo Securities Exchange, the exchanges on which Kanamoto’s shares are listed. If his
appointment is approved, the Company plans to notify him as an “independent officer.”(Notes) 1. There is no special interest between any of the candidates for Corporate Auditor and the Company.
2. Noriaki Ikushima and Katsunori Matsushita are candidates for Outside Corporate Auditor.
3. To enable its Outside Corporate Auditors to sufficiently demonstrate the role expected of them, the Company has set forth aprovision in its Articles of Incorporation that enables the Company to enter into a contract (Contract of Limitation of Liability)with each Outside Corporate Auditor to the effect that, when circumstances correspond to the requirements provided in laws
and regulations concerning liability for damages under Article 423 paragraph (1) of the Companies Act, said liability fordamages shall be limited to the total maximum liability for damages provided in laws and regulations, and at the present time
the Company has entered into a Contract for Limitation of Liability with each Outside Corporate Auditor. The Company plans toenter into a limited liability agreement with Noriaki Ikushima and Katsunori Matsushita, if the appointment of them isapproved.

－12－

Guidance on Methods for Exercise of Voting Rights
The right to vote at the general meeting of shareholders is an important right enabling all shareholders to participate
in the Company’s management. Please refer to the information below and exercise your voting right using one of thethree methods below.
Attending the General Meeting of the Shareholders
Please submit the Form for Exercising Voting Rights at the reception desk (it does not need to besealed).
Date and time of the Meeting: Tuesday, January 29, 2019, 10:00 a.m.
Mailing the Form for Exercising Voting Rights
Please mail the Form for Exercising Voting Rights after indicating your approval or disapproval of eachresolution on the form.
Deadline: To be returned by Monday, January 28, 2019, 5:00 p.m.
Guidance on filling in the Form for Exercising Voting Rights
Please indicate your approval ordisapproval of each resolution here.

[Resolution]
If you approve all candidates, put a circle in “approval”
box.
If you disapprove all candidates, put a circle in“disapproval” box.
If you disapprove of some candidates, put a circle in“approval” box, and write the candidates’ number ofwhom you disapprove in the parenthesis.
The login ID and temporary password
needed to exercise voting rights via theInternet are noted here.

* If attending the meeting on the scheduled date, exercising the voting right via mail or the Internet,
etc. is unnecessary.
Exercise of voting rights using the Internet, etc.
Please access the voting rights exercise site (https://evote.tr.mufg.jp/), and input your votes
separately to approve or reject each proposal.
Deadline: Monday, January 28, 2019, 5:00 p.m.
Please refer to the following pages for details.

－13－Instructions When Exercising of Voting Rights Using the Internet, etc.
Please exercise your voting rights using the Internet, etc. by accessing the exclusive site for exercise of voting rights
specified by the Company (hereafter, voting rights exercise site) and voting after confirming the instructions below.
If you have any questions, please contact “Inquiries concerning system environment, etc.” (Help Desk), described
below.
If attending the meeting on the scheduled date, exercising the voting right via mail or the Internet, etc. is
unnecessary.
1. Voting rights exercise site
Voting rights exercise site: https://evote.tr.mufg.jp/(1) Exercise of voting rights using the Internet, etc. can only be completed by accessing the exclusive site forexercise of voting rights from a personal computer or smartphone. (However, administration is halted daily
from 2:00 a.m. until 5:00 a.m.)(2)

Shareholders may be unable to use the voting rights exercise site depending on their Internet use
environment, including when using a firewall with an Internet connection, when using a computer on whichanti-virus software has been installed and when using a proxy server.

(3)

Voting rights exercised by the Internet, etc. will be accepted until 5:00 p.m. on Monday, January 28, 2019
(Japan time). Shareholders are encouraged to exercise their votes promptly.

2. Procedure for exercise of voting rights using the Internet, etc.
(1)

Use the Login ID and temporary password recorded on the Form for Exercising Voting Rights to access thevoting rights exercise site, and follow the instructions on the screen to input your votes separately to approveor reject each proposal.

(2)

To prevent unlawful (“disguised”) computer access by a person other than shareholders, and prevent thecontents of voting rights that have been exercised from being falsified, shareholders will be requested tochange the “temporary password” on the voting rights exercise site. Your understanding and cooperation are
appreciated.

(3)

Shareholders will be notified of their new Login ID and temporary password each time a General Meeting of
the Shareholders is convened.

3. Administration when voting rights are exercised two or more times(1)

When a shareholder exercises voting rights by both mailing in the Form for Exercising Voting Rights andusing the Internet, etc., the Company will consider the voting rights exercised using the Internet, etc. to be
the effective voting rights.

(2)

When a shareholder exercises voting rights several times using the Internet, etc., the Company will consider
the most recently exercised voting rights to be the effective voting rights.

4. Charges incurred when accessing the voting rights exercise site
Shareholders are responsible for all communication charges (provider connect charges, communication fees, etc.)
incurred when accessing the voting rights exercise site.
Please make inquiries to the help desk below with any questions.
< Inquiries concerning system environment, etc. >Mitsubishi UFJ Trust and Banking Corporation Transfer Agent Div. (Help Desk)
Telephone 0120-173-027 (Hours: 9:00-21:00, toll-free service in Japan only)－14－

To institutional investors
The Company participates in electronic proxy voting platform for institutional investors operated by ICJ Inc.

－15－

Guide Map to the Venue for the 54th Regular General Meeting of the Shareholders

JR Hakodate
Main Line
SapporoPrefectural

Botanic Gardens

OfficeSapporo

The Clock

The TV

Tower

Exit 1

Royton Sapporo

Nishi 11 Chome

Location:

Odori Park
Subway Tozai Line

MainStreet

Main Street(Odori)(Odori)Tower

Hokkaido

University

Subway Toho Line

Hokkaido

Subway Nanboku Line

Nitori Culture Hall

Ishiyama Street

Sapporo11-1 Nishi, Kita 1-jo, Chuo-ku, Sapporo, Hokkaido, Japan
Royton Sapporo, 3rd Floor “Royton Hall”
Telephone (011) 271-2711 (Front Desk)<Nearest stations>
Subway Tozai Line West 11-chome Station Turn left after emerging
from Exit 1 at street level; the hotel is about 3 minutes on footJR Hokkaido Sapporo Station about 6 minutes by taxi<Your cooperation is requested>
We ask that attendees please use public transportation facilities
because parking will not be provided at the hotel. Your cooperation
is appreciated.

1-19, Odori Higashi 3-chome, Chuo-ku, Sapporo, Hokkaido 060-0041, Japan