Notice Concerning Determination of Issue Price, Disposition Price and Selling
Price and Other Matters relating to Issuance of New Shares, Disposition ofTreasury Shares and Secondary Offering of Shares
November 20, 2018
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Kanamoto Co., Ltd.
The First Section of the Tokyo Stock Exchange; Sapporo Stock Exchange
9678
URL https://www.kanamoto.co.jp/en/
Tetsuo Kanamoto, President and CEO
Nobuhito Utatsu, Director & Senior Executive Corporate Officer, DivisionManager, Accounting Division and General Manager, Public Relations Office+81-11-209-1631

Kanamoto Co., Ltd. (the “Company”) has determined the issue price, the disposition price, the selling price and othermatters relating to the issuance of new shares, the disposition of treasury shares and the secondary offering of sharesof the Company, which were resolved at the meeting of the Board of Directors held on November 12, 2018, as set
forth below:
1.

Issuance of New Shares by way of Public Offering in Japan(1) Issue Price (offer price)¥3,288 per share(2) Total Amount of theIssue Price¥7,398,000,000(3) Amount to be Paid

¥3,152.40 per share(4) Total Amount to be Paid
(5) Amount of Stated Capitaland Additional Paid-in
Capital to be Increased(6) Payment Date

¥7,092,900,000
The amount of stated capital to beincreased¥3,546,450,000

The amount of the additional
paid-in capital to be increased¥3,546,450,000
Wednesday, November 28, 2018

Note: The Underwriters shall purchase for sale the shares at the amount to be paid and offer them at the issue
price (offer price).

Note: This press release does not constitute an investment solicitation for any securities for sale. This press release has been prepared for thepurpose of publicly announcing that the Company has resolved matters relating to the issuance of new shares, disposal of treasury shares, thesecondary offering of its shares and the issuance of new shares by way of third-party allotment, and not for the purpose of soliciting investment
or engaging in any other similar activities within or outside Japan.This press release does not constitute an offer of investment in nor solicitation
for purchase of its shares of common stock within the United States or elsewhere.
The Company has not, and will not, registered any of its shares of common stock under the U.S. Securities Act of 1933 or any relevant securities
law of any state. The securities may not be offered or sold in the United States absent registration or an exemption from registration
requirements under the U.S. Securities Act of 1933. No offer of securities for sale in the United States will be made in connection with theabove-mentioned transactions.

2.

Disposition of Treasury Shares by way of Public Offering in Japan(1) Disposition Price (offerprice)¥3,288 per share(2) Total Amount of theDisposition Price¥2,466,000,000(3) Amount to be Paid¥3,152.40 per share(4) Total Amount to be Paid

¥2,364,300,000(5) Payment Date

Wednesday, November 28, 2018

Note: The Underwriters shall purchase for sale the shares at the amount to be paid and offer them at thedisposition price (offer price).

3.

Secondary Offering of Shares of the Company by way of Over Allotment(1) Number of Shares to be Sold450,000 shares(2) Selling Price¥3,288 per share(3) Total Amount of the SellingPrice¥1,479,600,000(4) Delivery Date
4.

Thursday, November 29, 2018

Issuance of New Shares by way of Third-Party Allotment(1) Amount to be Paid

¥3,152.40 per share(2) Total Amount to be Paid
(3) Amount of Stated Capitaland Additional Paid-in
Capital to be Increased(4) Payment Date(Maximum) ¥1,418,580,000
The amount of stated capital to beincreased(Maximum) ¥709,290,000

The amount of the additional
paid-in capital to be increased(Maximum) ¥709,290,000
Wednesday, December 19, 2018

Note: This press release does not constitute an investment solicitation for any securities for sale. This press release has been prepared for thepurpose of publicly announcing that the Company has resolved matters relating to the issuance of new shares, disposal of treasury shares, thesecondary offering of its shares and the issuance of new shares by way of third-party allotment, and not for the purpose of soliciting investment
or engaging in any other similar activities within or outside Japan.This press release does not constitute an offer of investment in nor solicitation
for purchase of its shares of common stock within the United States or elsewhere.
The Company has not, and will not, registered any of its shares of common stock under the U.S. Securities Act of 1933 or any relevant securities
law of any state. The securities may not be offered or sold in the United States absent registration or an exemption from registration
requirements under the U.S. Securities Act of 1933. No offer of securities for sale in the United States will be made in connection with theabove-mentioned transactions.

<References>
1. Calculation of Issue Price (offer price), Disposition Price (offer price) and Selling Price(1)

Price Calculation Date andPrice(2)

Discount Rate

Tuesday, November 20, 2018

¥3,3903.01%

2. Number of New Shares to be Offered by way of Public Offering
2,250,000 shares of common stock of the Company
Of the above shares offered, 518,900 shares will be sold to foreign investors in foreign markets primarily inEurope and Asia (excluding the United States and Canada).
3. Syndicate Cover Transaction Period
From Friday, November 23, 2018 to Wednesday, December 12, 2018
4. Use of Proceeds
The proceeds from the offerings, which are estimated to be a maximum of 10,825,280,000 yen, are to be used, inthe fiscal year ending October 2019, the fiscal year ending October 2020 and the fiscal year ending October 2021,for part of the repayment of debt including the Company's installment obligations related to the acquisition ofrental equipment through installment payment transactions etc. during the fiscal year ending October 2019. Until
used as set forth above, the Company intends to invest the unused portion of the net proceeds in investment-grade
debt or other similar instruments.
See the notice entitled “Notice Concerning Issuance of New Shares, Disposition of Treasury Shares
and Secondary Offering of Shares” on November 12, 2018 for more details.

- End -Note: This press release does not constitute an investment solicitation for any securities for sale. This press release has been prepared for thepurpose of publicly announcing that the Company has resolved matters relating to the issuance of new shares, disposal of treasury shares, thesecondary offering of its shares and the issuance of new shares by way of third-party allotment, and not for the purpose of soliciting investment
or engaging in any other similar activities within or outside Japan.This press release does not constitute an offer of investment in nor solicitation
for purchase of its shares of common stock within the United States or elsewhere.
The Company has not, and will not, registered any of its shares of common stock under the U.S. Securities Act of 1933 or any relevant securities
law of any state. The securities may not be offered or sold in the United States absent registration or an exemption from registration
requirements under the U.S. Securities Act of 1933. No offer of securities for sale in the United States will be made in connection with theabove-mentioned transactions.