This document has been translated from a part of the Japanese original for the convenience ofnon-Japanese shareholders. In the event of any discrepancy between this translation and theJapanese original, the original shall prevail.
Securities identification code: 1980
June 7, 2016
To our shareholders:
Shohei Kitano
President and Director

DAI-DAN CO., LTD.
1-9-25 Edobori, Nishi-ku, Osaka-city
NOTICE OF THE 87TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
We would like to extend our heartfelt sympathies to all those affected by the Kumamoto Earthquake
as well as our wishes for a speedy recovery.
You are cordially invited to attend the 87th Ordinary General Meeting of Shareholders of DAI-DAN
CO., LTD. (the “Company”), which will be held as described below.
If you are unable to attend the meeting in person, you may exercise your voting rights by postal mail.
Please indicate your approval or disapproval of the proposals on the enclosed voting form after
reviewing the attached Reference Documents for the General Meeting of Shareholders, and return itby postal mail to reach us no later than 6:00 p.m., Tuesday, June 28, 2016 (Japan Standard Time).

Meeting Details
1. Date and time:

Wednesday, June 29, 2016 at 10:00 a.m. (Japan Standard Time)

2. Place:

7F Conference Room, Osaka Head Office
1-9-25 Edobori, Nishi-ku, Osaka-city

3. Purposes:
Items to be reported:
1. Business Report, Consolidated Financial Statements, and Non-Consolidated Financial
Statements for the 87th Term (from April 1, 2015 to March 31, 2016)
2. The results of audit of the Consolidated Financial Statements for the 87th Term by theAccounting Auditors and the Board of Corporate Auditors
Items to be resolved:
Proposal 1: Appropriation of surplus
Proposal 2: Election of one (1) Director
Proposal 3: Election of four (4) Corporate Auditors

1Reference Documents for the General Meeting of Shareholders
Proposals and Reference Matters
Proposal 1: Appropriation of surplus
The Company considers the return of profits to its shareholders to be its top management priority.
The Company adopts the basic policy of ensuring the stable and continuous payment of cash
dividends while establishing a sound financial position.
Taking into consideration the need to return profits commensurate with the strong performance inthe fiscal year, the Company proposes an ordinary dividend of 9 yen per share and a bonus dividendof 2 yen per share, as set forth below. The Company has already paid an interim dividend of 9 yen
per share; therefore, the annual dividend totals 20 yen per share (an increase of 2 yen from theprevious year).
1. Matters related to year-end dividends(1) Type of dividend property
Cash(2) Allocation of dividend property and total amount thereof
11 yen per common share of the Company (ordinary dividend: 9 yen; bonus dividend: 2 yen)
Total amount of dividends: 490,546,837 yen(3) Effective date of distribution of dividends of surplus
June 30, 20162Proposal 2:

Election of one (1) Director

The Company plans to appoint one (1) additional Director in order to further enhance theCompany’s management strengths. Accordingly, the Company proposes that one (1) Director beelected.
Pursuant to the Articles of Incorporation, the term of office of an additionally elected Director shallbe the same as the terms of incumbent Directors.
The candidate for Director is as follows:
Name(Date of birth)

Number oftheCareer summary, position and responsibilitiesCompany’s(significant concurrent positions outside the Company)
sharesowned

April 1980
April 2004
April 2008
October 2010

Tomoki Tateishi(October 21, 1957)

April 2011
April 2013

[New election]
May 2015

April 2016

Joined the Company.
Head of Design Department at
Nagoya Branch
Head of Sales Department 1 at
Nagoya Branch
Deputy Sales Coordination andManager of Sales Department 1 at
Nagoya Branch
Sales Coordination at Nagoya Branch
Deputy General Manager of Osaka
Head Office, Technical Development
Coordination
Corporate Officer, Deputy General
Manager of Osaka Head Office,Technical Development Coordination
Senior Corporate Officer, in charge ofCentral Japan Area, General Managerof Nagoya Branch (present position)

8,000Notes:
1. There is no special interest between the candidate and the Company.
2. The Company’s reason for nominating Tomoki Tateishi as a candidate for Director is as follows:
Tomoki Tateishi has worked in design, sales, and technical development department, served as
Deputy General Manager of Osaka Head Office, and currently serves as Senior Corporate Officerand General Manager of Nagoya Branch. As such, he has extensive operational experience andinsight in management in general. In view of these qualities, the Company believes that he will dulyperform his duties as Director.

3Proposal 3:

Election of four (4) Corporate Auditors

The tenures of all four (4) Corporate Auditors will expire at the close of this General Meeting ofShareholders. Therefore, the Company proposes that four (4) Corporate Auditors be elected.
The Board of Corporate Auditors has given its consent to this proposal.
The candidates for Corporate Auditors are as follows:

4

No.

Name(Date of birth)

Number oftheCareer summary and position
Company’s(Significant concurrent positions outside the Company)
sharesowned

April 1976

April 1996
February 1998
May 1999
June 2000
October 2001
January 2002

July 2003
Masaharu Takitani(April 22, 1953)
1[New election]＜Candidate for
Outside Corporate
Auditor＞

January 2006
February 2006
March 2007
October 2009
June 2012
December 2012

April 2014

Joined The Sanwa Bank, Ltd.
(Currently The Bank of TokyoMitsubishi UFJ, Ltd.).
General Manager of Koshien Branchof The Sanwa Bank, Ltd
Senior Manager of Second Finance
Department of The Sanwa Bank, Ltd.
General Manager of Uemachi Branchof The Sanwa Bank, Ltd.
Assistant Manager of Retail Credit
Office of The Sanwa Bank, Ltd.
Manager of Retail Credit Office(Tokyo) of The Sanwa Bank, Ltd.
General Manager of Retail Credit
Department (Tokyo) of The UFJ
Bank, Ltd.
General Manager of Internal Audit
Department (Tokyo) of The UFJ
Bank, Ltd.
Deputy Director General of The Bankof Tokyo-Mitsubishi UFJ, Ltd.
Manager of Accounting Departmentof ASAHIYA SHOTEN
Director, Manager of Accounting
Department of ASAHIYA SHOTEN
Director in charge of Finance andAccounting of ASAHIYA SHOTEN
Outside Corporate Auditor of Japan
Bridge Corporation
Outside Corporate Auditor of
Oriental Shiraishi Corporation(present position)
Outside Corporate Auditor of OSJB
Holdings Corporation (formerly,Japan Bridge Corporation) (presentposition)[Significant concurrent positions outside the Company]
Outside Corporate Auditor, OSJB Holdings Corporation
Outside Corporate Auditor, Oriental Shiraishi
Corporation

50No.

Name(Date of birth)

Number oftheCareer summary and position
Company’s(Significant concurrent positions outside the Company)
sharesowned

April 1981
April 2005

2

Hideshi Osaki(November 3, 1957)[New election]

April 2008
April 2010
May 2015

Joined the Company.
Manager of Administration
Department at Tokyo Head Office
Manager of Administration
Department at Osaka Head Office
Manager of Administration
Department at Kyushu Branch
Deputy General Manager of Kyushu
Branch, Manager of Administration
Department at Kyushu Branch(present position)

61,000No.

Name(Date of birth)

Career summary and position(Significant concurrent positions outside the Company)
April 1978
April 2003

June 2005

June 2007

June 2009

June 2010
Koji Kono(September 17, 1952)
3[New election]＜Candidate for
Outside Corporate
Auditor＞

April 2012

June 2012

April 2016

Joined Osaka Gas Co., Ltd.
General Manager of Industrial andcommercial Energy Business Unit,
Nambu Sales Dept. of Osaka Gas
Co., Ltd.
Associate Director, General Managerof Industrial and commercial Energy
Business Unit, Nambu Sales Dept. ofOsaka Gas Co., Ltd.
Executive Officer, General Managerof Industrial and commercial Energy
Business Unit, Energy Business
Development Dept. of Osaka GasCo., Ltd.
Executive Officer, General Managerof Pipeline Business Unit of Osaka
Gas Co., Ltd.
Director, Executive Officer, General
Manager of Pipeline Business Unit ofOsaka Gas Co., Ltd.
Director of Osaka Gas Co., Ltd., andDirector and Chairman of Creative
Techno-Solution Co., Ltd. (Currently
OGCTS Co., Ltd.)
Adviser of Osaka Gas Co., Ltd., andDirector and Chairman of Creative
Techno-Solution Co., Ltd. (Currently
OGCTS Co., Ltd.)Counselor of Osaka Gas Co., Ltd.
(present position)[Significant concurrent positions outside the Company]
Counselor, Osaka Gas Co., Ltd.

7

Number oftheCompany’s
sharesowned0No.

Name(Date of birth)

Career summary and position(Significant concurrent positions outside the Company)
April 1972
March 1997
April 2001

June 2002

October 2004
January 2005

March 2005

4

Yoshimitsu Nishiuchi(October 8, 1949)

July 2005
April 2008

[New election]
April 2009

April 2010

April 2011
October 2011

April 2014

May 2015

Joined the Company.
Manager of Technical Department 3
at Tokyo Head Office
Technical Development Coordinationand Manager of TechnicalManagement Department at Tokyo
Head OfficeDirector, Deputy General Manager ofTokyo Head Office, TechnicalDevelopment Coordination andManager of Technical Management
Department
Director, Head of TechnicalConstruction Division
Director, Head of TechnicalConstruction Division and Managerof Purchase Department
Director, Head of TechnicalConstruction Division
Managing Director, Head ofTechnical Construction Division
Director, Executive Corporate
Officer, in charge of East Japan Area,
and General Manager of Tokyo HeadOfficeDirector, Senior Executive Corporate
Officer, in charge of East Japan Area,
and General Manager of Tokyo HeadOfficeDirector, Senior Executive Corporate
Officer, Head of General
Administration Division
Chief Executive Corporate Officer,
in charge of Special Missions
Chief Executive Corporate Officer,
Head of Technical Construction
DivisionChief Executive Corporate Officer, incharge of Technical Construction
Division
Corporate Officer in charge ofTechnical Construction Division(present position)

8

Number oftheCompany’sshares
owned

48,100Notes:1. There is no special interest between the candidates and the Company.
2. Masaharu Takitani will resign as Outside Corporate Auditor of Oriental Shiraishi Corporation asof the close of the said company’s Ordinary General Meeting of Shareholders, which will beheld on June 14, 2016. He will resign as Outside Corporate Auditor of OSJB Holdings
Corporation as of the close of the said company’s Ordinary General Meeting of Shareholders,which will be held on June 29, 2016.
3. Upon the approval of the candidates, the Company will, pursuant to Article 427, Paragraph 1 ofthe Companies Act, conclude limited liability agreements with them so as to limit their liabilityfor damages as provided in Article 423, Paragraph 1 of the Companies Act. The maximum
amount of the liability for damages shall be up to the total of the amounts specified in Article
425, Paragraph 1 of the Companies Act.
4. (1) The Company’s reason for nominating Masaharu Takitani as a candidate for Outside
Corporate Auditor is as follows: Masaharu Takitani has extensive experience in a financial
institution for many years, and he has broad insight as a company director. The Companybelieves that he will use these qualities to strengthen the Company’s auditing system.
(2) The Company’s reason for nominating Hideshi Osaki as a candidate for Corporate Auditor isas follows: Hideshi Osaki has extensive operational experience in general administration formany years, and he has considerable insights into finance and accounting. In view of thesequalities, the Company believes that he will duly perform his duties as Corporate Auditor of theCompany.
(3) The Company’s reason for nominating Koji Kono as a candidate for Outside Corporate
Auditor is as follows: Koji Kono has extensive experience and deep insight in business
management. The Company believes that he will use these qualities to strengthen theCompany’s auditing system.
(4) The Company’s reason for nominating Yoshimitsu Nishiuchi as a candidate for Corporate
Auditor is as follows: Yoshimitsu Nishiuchi has insights in the general management andadministration of construction operations as he has worked primarily in technical development
department and served as Head of Technical Construction Division and Head of General
Administration Division. In view of these qualities, the Company believes he will duly perform
his duties as Corporate Auditor of the Company.
5. Masaharu Takitani fulfills the requirements for Independent Officer as defined by the Tokyo
Stock Exchange. If his election is approved, the Company intends to register him as IndependentOfficers.

9