TRANSLATION FOR RE
EFERENCE ONLYOMarch 9, 2015
5
For Immediaate Release
Comppany Name
Repre
esentative
Inquiriies

Aplix IP Holdings Corpooration
Ryu Koriyyama, CEO & Representativ
ve Director(Code: 37727, TSE Mothhers)
Ryu Koriyyama, CEO & Representativ
ve Director(Tel: 050-3786-1715)

Notic
ce Concerning Issua
ance of Ne
ew Shares, Conclusiion of Stocck Acquis
sitionAgreeement and Issuance of D-1 thrrough D-3 Subscripttion Rightss to Sharees andAgreem
ment to Ac
cquire Sub
bscription Rights to Shares (Taarget Issuue Programm “TIP”
subjecct to issue
er’s approv
val for exeercise)
The Compa
any announcces that it pas
ssed a resolu
ution at the Bo
oard of Directtors meeting on March 9, 2015 toisssue new sha
ares via priva
ate placemen
nt through De
eutsche Bankk AG, London
n Branch (herreinafter referred to as“new“shares”) and Aplix IP
P Holdings Co
orporation’s D
D-1 through D-3
D subscripttion rights to shares (hereeinafterreferredrto ass “subscriptionn rights to shares”) and too conclude a Stock Acquissition Agreem
ment and Agreeement toAcquireA
Subsscription Righhts to Shares (Target Issue
e Program “TTIP” subject to issuer’s appproval for exercise*) withDeutsche
DBannk AG, Londo
on Branch onn condition off the registrattion statemen
nt taking effecct pursuant too theFinancial
F
Insttruments andd Exchange Act.
A An overviiew is as folloows.

1.
1 Overview oof subscriptio
on<Overview<off new shares issuance>(1) Paayment date
March 25, 2015
Nuumber of neww
(2)
00 common sshares
200,00shhares issued(3) Isssue price
1,515 yen per sharreAm
mount of fundds295,05(4)
51,000 yen (NNote 1)
proocuredSuubscription orrThroug(5)
gh private pla
acement
alllotment methhod(6) Allottee
Deutscche Bank AG
G, London Bra
anch 200,000
0 shares
The Company planns to conclude a Stock Acquisition Agrereement conc
cerning
the new shares witth Deutsche BankB
AG, Lonndon Branchh after the reg
gistration(7) Ottherstatemment takes efffect in accord
dance with the Financial Innstruments andaExcha
ange Act (hereeinafter referrred to as “Stoock Acquisitioon Agreemennt”).
(Note(1) The amount of fu
unds procured
d is the total aamount to bee paid in for th
he new sharees less appro
oximateisssuance expenses.
<Overview<off the issuancee of subscripttion rights to shares>(1) Allotment date
March 25, 2015
1,500,000 units
umber ofNu
D-1 series subsccription rights to shares 50
00,000 units(2) suubscription rigghts
D-2 series subsccription rights to shares 50
00,000 units
to shares issueed
D-3 series subsccription rights to shares 50
00,000 units
Total amount:a3,1555,000 yen (DD-1 series subbscription righhts to sharess: 2.34(3) Isssuance priceyen peer unit; D-2 seeries subscrip
ption rights too shares: 2.022 yen per unit; D-3
series subscription rights to sha
ares: 1.95 yenn per unit)(4) Nuumber of dilutive 1,500,000 shares ((One share per one unit of subscriptionn rights to shaares)

Note:
N
This press release is provided to share inforrmation about Aplix busin
ness activities, and it is nnot intended to solicit inve
estment in Aplix shares. WhileW
the materials may describe information suc
ch as forecasts related toofu
uture business performan
nce, this information has been created based on the judgment of Aplix at tthe time the materials we
ere created. As a result, Aplix offers no guaranteee that the conditions described will come to pass,
and any of the informationn described is subject to change without notice in the future.

- 1 -shares as a resultof this issuance

(5)

(6)

Amount of funds
procured

2,847,405,000 yen (Note 2)

Exercise price andcondition ofrevision ofexercise price

Initial exercise priceD-1 series subscription rights to shares: 1,800 yen
D-2 series subscription rights to shares: 1,900 yen
D-3 series subscription rights to shares: 2,000 yen
On or after September 25, 2015, the Company may revise the exercise priceby resolution of its Board of Directors if necessary to procure funds. Upon
passing such a resolution, the Company shall give notification to this effect(hereinafter referred to as “notification of revision of exercise price”) topersons holding the subscription rights to shares (hereinafter referred to as“holders of subscription rights to shares”), and on the trading day (refers today on which trading session takes place on the Tokyo Stock Exchange(hereinafter referred to as the “TSE”) following the day on which such
notification was given (hereinafter referred to as the “notification date”), theexercise price will be revised to an amount equal to 90% of the closing price of
the Company’s common shares in ordinary trading at the TSE on thenotification date (or the trading day immediately preceding the notification
date if the notification date is not a trading day) rounded down to the nearest
whole yen (provided, however, that if the exercise price after such revision
would be less than the lower limit to exercise price (which is initially 1,515 yen
for D-1 series subscription rights to shares, D-2 series subscription rights toshares and D-3 series subscription rights to shares respectively and will be
adjusted in accordance with the provisions of Article 11 of the terms andconditions of the issuance of each), the exercise price shall be the lower limit
to exercise price. The Company may not make such revision in the following
cases.
(i) If a material fact concerning the Company’s business, etc. provided for inArticle 166, Paragraph 2 of the Financial Instruments and Exchange Act
has not been disclosed in accordance with Paragraph 4 of said articleexists.
(ii) If it is less than six (6) months since the Company gave previous
notification of revision of exercise price(iii) If such revision is within the exercise period stated in 3(1) below.

(8)

Subscription or
allotment method
Allottee(9)

Other(7)D-1 series subscription rights to shares:
No upper limit to exercise price
Lower limit to exercise price: 1,515 yen
D-2 series subscription rights to shares:
No upper limit to exercise price
Lower limit to exercise price: 1,515 yen
D-3 series subscription rights to shares:
No upper limit to exercise price
Lower limit to exercise price: 1,515 yen

Through private placement
Deutsche Bank AG, London Branch
The Company plans to conclude an Agreement to Acquire Subscription
Rights to Shares with Deutsche Bank AG, London Branch (hereinafterreferred to as “Agreement to Acquire Subscription Rights to Shares”) on
condition of the registration statement taking effect in accordance with theFinancial Instruments and Exchange Act. The Agreement to Acquire
Subscription Rights to Shares will stipulate that Deutsche Bank AG, London
Branch is allowed to exercise the subscription rights to shares only if theCompany approves exercise of the subscription rights to shares and only
within a period of twenty (20) trading days commencing from the date ofarrival of such approval for exercise and within the prescribed limit set for thenumber of shares indicated in such approval for exercise (Target Issue
Program “TIP” subject to issuer’s approval for exercise*).
Transfer of the subscription rights to shares shall require the authorization of
the Company’s Board of Directors.

Note: This press release is provided to share information about Aplix business activities, and it is not intended to solicit investment in Aplix shares. While the materials may describe information such as forecasts related tofuture business performance, this information has been created based on the judgment of Aplix at the time the materials were created. As a result, Aplix offers no guarantee that the conditions described will come to pass,and any of the information described is subject to change without notice in the future.

- 2 -(Note 2) The amount of funds procured is the sum total of the total amount to be paid in for the subscription rights
to shares and the value of the property to be contributed when the subscription rights to shares are exercised, lessapproximate issuance expenses. If the exercise price is revised or adjusted, the amount of funds procured may
increase or decrease. If the subscription rights to shares are not exercised within the exercise period and if theCompany cancels acquired subscription rights to shares, the amount of funds procured will decrease.
Please see the Japanese version of this release for further details.

Disclaimer: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original
and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct,
indirect or any other form of damage arising from the translation.

Note: This press release is provided to share information about Aplix business activities, and it is not intended to solicit investment in Aplix shares. While the materials may describe information such as forecasts related tofuture business performance, this information has been created based on the judgment of Aplix at the time the materials were created. As a result, Aplix offers no guarantee that the conditions described will come to pass,
and any of the information described is subject to change without notice in the future.

- 3 -