This document has been translated from a part of the Japanese original for reference purposes only. In the eventof any discrepancy between this translated document and the Japanese original, the original shall prevail. The
Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages
arising from the translation.
Securities Code: 8622
May 30, 2023
(Start date of measures for electronic provision: May 29, 2023)
To Those Shareholders with Voting Rights
Katsunori Kobayashi
President and Representative Director
Mito Securities Co., Ltd.
1-1, Koishikawa 1-chome, Bunkyo-ku,
Tokyo, JapanNOTICE OF CONVOCATION OF
THE 78th ORDINARY GENERAL MEETING OF SHAREHOLDERS
We are pleased to inform that the 78th Ordinary General Meeting of Shareholders of Mito Securities Co., Ltd.
(the “Company”) will be held as described below.
For the convocation of this General Meeting of Shareholders, the Company takes measures for electronic
provision and posts the matters subject to measures for electronic provision on the following websites on the Internet
as the “Notice of Convocation of the 78th Ordinary General Meeting of Shareholders” and “Other Matters Subject to
Measures for Electronic Provision (Matters Excluded from Paper-based Documents).”
Company’s website: https://www.mito.co.jp/ (available only in Japanese)
Please access the above website and select “About Mito Securities,” “For Individual Investors,” and “About theGeneral Meeting of Shareholders” to view the information.
The matters subject to measures for electronic provision are also posted on the following website on the Internet.
TSE website (Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do
Please access the TSE website (Listed Company Search), perform a search by entering the issue name “MitoSecurities” or the code “8622,” and select “Basic information” and “Documents for public inspection/PR
information” to confirm the information.
“Internet Convocation” Website: https://s.srdb.jp/8622/ (in Japanese only)

If you do not attend the meeting, you can exercise your voting rights using the Form or via the Internet, so please
review the Reference Documents for the General Meeting of Shareholders included in the matters subject tomeasures for electronic provision, and then please exercise your voting rights by 5:00 p.m., Monday, June 26, 2023
by either returning the Voting Rights Exercise Form with your selections or voting via the “Smart Exercise” or thewebsite exclusively prepared for the exercise of voting rights (https://soukai.mizuho-tb.co.jp/).
1. Date and Time:

Tuesday, June 27, 2023 at 10:00 a.m. (The reception desk will open at 9:00 a.m.)

2. Place:

Meeting Room, 7F, Mito Branch of the Company
1

6-10, Minamimachi 2-chome, Mito-shi, Ibaraki, Japan
3. Agenda of the Meeting:
Matters to be reported: The Business Report and the Financial Statements for the 78th Fiscal Term(from April 1, 2022 to March 31, 2023)
Proposals to be resolved:
Proposal No. 1: Appropriation of Surplus
Proposal No. 2: Election of Seven Directors (excluding Directors who are Audit and Supervisory
Committee Members)
4. Guide for Shareholders when Voting:
Please review the “Guide for Shareholders when Voting” on pages 3 through 6.
* For those attending, please present the enclosed Voting Rights Exercise Form at the reception desk on arrival at the meeting.
* When it is necessary to modify the matters subject to measures for electronic provision, the matters after modification will be
posted on each of the websites where such matters are posted.
* Only this Notice of Convocation is sent to shareholders who have not requested the paper copy.
* The paper copy including the matters subject to measures for electronic provision is sent to shareholders who have requested apaper copy.
* From among the matters required to be described on the paper copy including the matters subject to measures for electronic
provision, Matters Concerning Systems to Ensure the Appropriateness of the Operations and Establishment of Such Systems, theStatement of Changes in Net Assets, and the Notes to Financial Statements are shown on each of the websites on the Internet inaccordance with laws and regulations and the provisions of Article 15 of the Articles of Incorporation of the Company, and are notstated in the paper-based documents sent to shareholders who requested delivery of such documents in paper copy. Therefore, thepaper copy including the matters subject to measures for electronic provision is a part of the subject audited by the Audit andSupervisory Committee and Accounting Auditor during the preparation of the Audit Reports.
The Company’s website: https://www.mito.co.jp/

2

Guide for Shareholders when Voting
Voting with a Smartphone
You can log in to the voting website for the exercise of voting rights without entering the “proxy code” or“password.”
For details, please see page 4.
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

Voting with a PC
Exercise of voting rights with a PC is only possible by accessing the website exclusively prepared for the exercise
of voting rights below.
For details, please see page 5.
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

Website for the exercise of voting rights: https://soukai.mizuho-tb.co.jp/
Voting in Writing
Please indicate your vote for or against each of the proposals on the enclosed Voting Rights Exercise Form andmail the Form. If there is no indication of approval or disapproval for a proposal on the Form, your vote for the
proposal shall be counted as approval.
For details, please see page 5.
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

If You Attend the Meeting
Please bring the enclosed Voting Rights Exercise Form with you and present it at the reception desk on arrival at
the meeting.
* You can exercise your voting rights by authorizing one other shareholder with voting rights to act as yourproxy. However, please understand that you must submit to the Company a document evidencing his/her powerof representation.
Tuesday, June 27, 2023 at 10:00 a.m.
Date and time of(The reception desk will open at 9:00 a.m.)
the meeting3

Voting with a Smartphone
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

STEP 1: Read the QR code
Read the “Log-in QR code for the website for the exercise of voting rights for smartphones” shown on thebottom right of your Voting Right Exercise Form with a smartphone or a tablet.
STEP 2: Select the method for the exercise of voting rights
The screen of the website for the exercise of voting rights will open.
Select the method for the exercise of voting rights.
STEP 3: Select your vote for or against each of the proposals
Follow the directions on the screen to select your vote for or against each of the proposals.
Follow the directions on the screen to complete your votes.
With “Smart Exercise,” only ONE vote can be entered. When you change your vote after the exercise, please
access the voting website for PCs*, log in with the “proxy code” and “password” noted on your Voting Rights
Exercise Form, and re-exercise your voting rights.
* By reading the QR code again, you are navigated to the voting website for PCs.
* “QR code” is a registered trademark of DENSO WAVE INCORPORATED.
You can also access “Smart Exercise” from “Internet Convocation.”
If you select the “Smart Exercise” button on “Internet Convocation,” the camera on your device will be activated.
You can access “Smart Exercise” by taking a photo with the camera of the QR code on the Voting Rights Exercise
Form.
Access from here

4

Voting with a PC
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

Exercise of voting rights via the Internet is only possible by accessing the website designated by the Company
exclusively for the purpose of exercising voting rights (https://soukai.mizuho-tb.co.jp/).
STEP 1: Access the voting website for the exercise of voting rights* Search the website as follows at a search site,
Exercise of voting rights Mizuho

Searchor
go directly to the website below for the exercise of voting rights.
https://soukai.mizuho-tb.co.jp/
STEP 2: Log in to the website
Enter the “proxy code” noted on your Voting Rights Exercise Form andclick “Next.”
STEP 3: Change your password
Enter your temporary password in the top box and a new password in thesecond box before clicking “Register.”
Next, please enter your vote for or against each of the proposals following
the directions on the screen.
Voting in Writing
Deadline for voting

The votes must be received by 5:00 p.m., Monday, June 26, 2023

Please indicate your vote for or against each of the proposals on the enclosed Voting Rights Exercise Form andreturn the Form so that it will be received by the deadline for voting.
Please indicate your vote for or against each of the proposals
here.
[Proposal 1]
If yes:If no:[Proposal 2]

Please circle the “Yes” column.
Please circle the “No” column.

If yes for all
candidates:
If no for all
candidates:
If no for somecandidatesPlease circle the “Yes” column.

5

Please circle the “No” column.
Please circle the “Yes” column and fill in
the number of each of the candidates you
are voting against.

For Inquiries
If you have any questions regarding the use of PCs, etc. in exercising your vote via the Internet, please inquire thefollowing desk:
Mizuho Trust & Banking Co., Ltd.
Stock Transfer Agency Department[Internet Help Dial]
Phone: 0120-768-524 (toll-free within Japan only) (9:00 a.m. to 9:00 p.m. on weekdays)(Attention)*

If you exercise your voting rights redundantly, both in writing by postal mail and via the Internet, only thevotes via the Internet shall be deemed to be valid. If you exercise your voting rights more than once, yourmost recent votes shall be deemed to be valid.

*

The password (including the new password you register at login) is effective only for the meeting. A new
password will be issued for the next meeting.

*

Any expenses incurred to access the Internet shall be borne by shareholders.

Platform for the Electronic Exercise of Voting Rights (for Institutional Investors)
Nominee shareholders such as trust and custody service banks (including standing proxies) may use the platform
for the electronic exercise of voting rights operated by ICJ Inc., provided that they apply for the use of that
platform in advance.

6Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal No. 1: Appropriation of Surplus
Matters related to the year-end dividend:
Shareholder returns of the Company are based on its management philosophy of making the best efforts forshareholders, and the Company makes it a basic policy to distribute dividends in line with a payout ratio ofaround 50% in consideration of business continuity, the status of net assets, and other management decisions.
Based on the above-mentioned policies, the Company wishes to propose a year-end dividend of ¥20.0 per
share for the term. The total annual dividend for the term will be ¥22.0 per share combined with the interim
dividend of ¥2.0.
(1) Types of dividend properties
Cash(2) Matters related to distribution of dividend properties and the amount¥20 per common share of the Company
Aggregate dividend amount: ¥1,302,424,080(3) Effective date of the dividend from surplus
June 28, 2023
At the meeting of the Board of Directors held on January 20, 2023, the Company resolved as follows
regarding the dividend from surplus for the period of the Sixth Mid-Term Management Plan (from the fiscal
year ended March 31, 2023 to the fiscal year ending March 31, 2025). The Company considers the return ofprofits to shareholders as one of its most important management issues and would like to express its gratitude toshareholders for their support. Therefore, in consideration of the current status of net assets, the Company has
decided to set the minimum annual dividend per share for each fiscal year at ¥20.0. The Company will work toenhance its corporate value by further improving its earnings structure as well as capital efficiency.

7

Proposal No. 2: Election of Seven Directors (excluding Directors who are Audit and Supervisory
Committee Members)
The terms of office of all seven Directors (excluding Directors who are Audit and Supervisory Committee
Members) will expire at the conclusion of this General Meeting of Shareholders. Accordingly, election of seven
Directors is proposed.
The Audit and Supervisory Committee has determined that each candidate is suitable as Director of theCompany after evaluating the status of business execution and performance of each candidate in the current
fiscal year.
The candidates for Directors (excluding Directors who are Audit and Supervisory Committee Members) are
as follows:
CandidateNo.

1

Katsunori Kobayashi

Name

Status at theCompany

Number ofyears served asa Director

Reappointed

President andRepresentative
Director

5 years

10 years

2

Toru Uozu

Reappointed

Vice President
andRepresentative
Director

3

Susumu Abe

Reappointed

Managing
Director

6 years

4

Yasuyuki Suda

Reappointed

Director

3 years

5

Takeshi Ohtsuki

Reappointed

Director

1 year

6

Akira Segawa

Reappointed

OutsideIndependent

OutsideDirector

3 years7

Toshihiko Koiwai

Reappointed

OutsideIndependent

OutsideDirector

1 year8

Attendance at
the Board of
Directors
Meetings
Board ofDirectors
Meetings
18 / 18
Board ofDirectors
Meetings
18 / 18
Board ofDirectors
Meetings
18 / 18
Board ofDirectors
Meetings
18 / 18
Board ofDirectors
Meetings
13 / 13
Board ofDirectors
Meetings
18 / 18
Board ofDirectors
Meetings
13 / 13

Candidate
Name
No.
(Date of birth)

1.

2.

Career summary, significant office(s) concurrently held, status andassignment at the Company

Number ofshares of theCompany held

April
2005 Joined Mito Securities Co., Ltd.
April
2017 Executive Officer
June2018 President and Representative Director (to present)
Katsunori(Reason for nominating him as a candidate for Director)
Kobayashi
Mr. Katsunori Kobayashi possesses abundant experience and(July 12, 1976)
achievements at the sales divisions and major divisions such as corporate<Reappointed>
planning, sales planning and auditing in the Head Office. Since assuming
the office of President and Representative Director, he has been leading
908,240 shares
Attendance at
the whole Company with a strong centripetal force, demonstrating his
the Board ofown unique vision in many facets, while also following the existing
Directors
management policy. We believe that his flexible creativity, accurate
Meetings
analytical ability, and strong leadership based on his broad perspective
18/18
and experience and achievements as a corporate manager are
indispensable for the continued development of the Company. We
therefore consider him a suitable Director of the Company.
April
1983 Joined The Industrial Bank of Japan, Limited (present
Mizuho Bank, Ltd.)
April
2013 Executive Officer, Mizuho Corporate Bank, Ltd.
(present Mizuho Bank, Ltd.)May
2013 Joined Mito Securities Co., Ltd., Full-time Advisor
June
2013 Managing Director
April2015 Vice President and Director
June2018 Vice President and Representative Director (to present)
Toru Uozu
June
2022 Supervisor, Corporate Sales Division, Regional(October 1,
Corporate Division, Management Planning Division,
1959)
Compliance Division, Examination Division, and<Reappointed>
Operation Guidance Division (to present)
37,300 shares(Reason for nominating him as a candidate for Director)
Attendance at
Mr. Toru Uozu has executed his duties by taking advantage of his
the Board ofabundant experience at a bank and his knowledge of accounting andDirectors
finance. In addition, Mr. Uozu is well versed in wide variety of legal
Meetings
systems. Furthermore, as a Supervisor of Management Planning Division,
18/18
he has achieved results in drawing up mid-term management plans andannual plans, and also as a Supervisor of Internal Administration, he isindispensable for building governance systems of the Company. We
believe that Mr. Uozu will further enhance the decision-making functionof the Board of Directors as before by taking advantage of his experienceand insight in the Board of Directors. We therefore consider him asuitable Director of the Company.

9

Candidate
Name
No.
(Date of birth)

Career summary, significant office(s) concurrently held, status andassignment at the Company
April
August
June
June
April

3.

4.

Joined Mito Securities Co., Ltd.
Executive Officer
Director
Managing Director (to present)
Supervisor, Personnel Affairs Division, Human
Susumu Abe
Resources Development Division, Investment(February 18,
Information Division, Product Division, and Investment
1961)
Advisory Division (to present)<Reappointed> (Reason for nominating him as a candidate for Director)
Mr. Susumu Abe has been deeply involved in strengthening our research
Attendance at division for many years. He also possesses high level expertise in market
the Board of analysis, achieving stable performance as the person in charge of theinvestment policy in the fund wrap business. In addition, as a Supervisor
Directorsof Internal Administration, he has promoted an internal control system by
Meetings
thoroughly complying with laws and regulations by officers and
18/18
employees, while also taking advantage of the networks he has built so far
to make a great contribution in terms of personnel and human resource
development. Mr. Abe possesses indispensable knowledge and experiencefor promoting the strategies of the Company in the future. We therefore
consider him a suitable Director of the Company.
April
1986 Joined Mito Securities Co., Ltd.
April
2016 Executive OfficerJune2020 Director (to present)
Yasuyuki Suda April
2023 Supervisor, Sales 1st block and Sales 2nd block, WealthManagement Division, Sales Planning and Policy(April 17,
Division, Customer Center, and Underwriting Division1962)(to present)<Reappointed>(Reason for nominating him as a candidate for Director)
Mr. Yasuyuki Suda has served as General Manager of several Branches in
Attendance at retail sales. He is deeply familiar with day-to-day sales operations, andthe Board of has been committed to running branches. At the Head Office, he has
Directors
served as a General Manager of the Investment Information Division andMeetings
General Manager of the Sales blocks, demonstrating strong leadership in
18/18
strengthening the Company’s market responsiveness and stable profit
base. He has led the sales division appropriately as Director andSupervisor of Sales Division since 2020. We therefore consider him asuitable Director of the Company.

Number ofshares of theCompany held

1984
2008
2017
2020
2023

10

46,000 shares

21,100 shares

Candidate
Name
No.
(Date of birth)

Career summary, significant office(s) concurrently held, status andassignment at the Company
April
October
April
June

5.

Joined Mito Securities Co., Ltd.
Executive Officer
Managing Executive Officer
Outside Statutory Auditor, Shizuoka Tokai Securities
Co., Ltd. (to present)
Statutory Auditor, Mito Securities Co., Ltd.
Takeshi
April
2022
Director(to present)
OhtsukiApril
2023 Supervisor, Risk Management Division, System(June 15, 1961)
Administration Division, Office Management Division,<Reappointed>
Financial Affairs Division, General Affairs Division,and Audit Division (to present)(Significant office concurrently held)
Attendance at Outside Statutory Auditor, Shizuoka Tokai Securities Co., Ltd.
the Board of (Reason for nominating him as a candidate for Director)
Directors
Mr. Takeshi Ohtsuki has many years of business experience in the
Meetings
Company’s Financial Affairs Division and Management Planning
Division, and is deeply familiar with accounting and finance. He has also
13/13
played a central role in formulating management vision and mid-termplans, and possesses the knowledge and experience to appropriately
engage in management of the Company. As a Statutory Auditor until
2022, when he was appointed to Director, he had made the audit of the
management of the Company function effectively. We therefore consider
him a suitable Director of the Company.

Number ofshares of theCompany held

1985
2015
2020
2021

11

18,600 shares

Candidate
Name
No.
(Date of birth)

Career summary, significant office(s) concurrently held, status andassignment at the Company
April
April
April
April
June

6.

1977 Joined the Industrial Bank of Japan, Limited (present
Mizuho Bank, Ltd.)2005 Executive Officer, Mizuho Corporate Bank, Ltd.
(present Mizuho Bank, Ltd.)
2008 Managing Executive Officer, Mizuho Corporate Bank,
Ltd.
2010 Director, Mizuho Corporate Bank, Ltd.
2010 Full-time Corporate Auditor, DOWA HOLDINGS CO.,LTD.
2011 Director, DOWA HOLDINGS CO., LTD.
2012 Deputy Chief Executive Officer, FUJITA KANKO INC.
2013 Representative Director and President, FUJITAKANKO INC.
2019 Chairman, FUJITA KANKO INC.
2020 Outside Director, Mito Securities Co., Ltd. (to present)
2021 Special Advisor, FUJITA KANKO INC. (to present)

Akira Segawa June
(January 22, October
1955)
March
<Reappointed>
March<Outside
Director>
June<Independent March
Officer>Number of years since assuming office as an Outside Director of the
Attendance at Company: three years (at the conclusion of this General Meeting of
the Board of Shareholders)(Reason for nominating him as a candidate for Director, and expected
Directorsroles)
Meetings
Mr. Akira Segawa has a high level of insight and capability on finance
18/18
and accounting from his experience developed over years in the banking
industry. He possesses knowledge based on experience in corporate
management as Representative Director and President of FUJITAKANKO INC., and can be expected to provide advice and supervision on
the Company’s management. We therefore consider him a suitable
Outside Director of the Company. Mr. Segawa has no issue with any of
the standards for independence set forth by the exchange and theCompany, and fulfills the qualification requirements for an independent
officer to whom conflict of interest with general shareholders is unlikely
to occur.

12

Number ofshares of theCompany held

10,000 shares

Candidate
Name
No.
(Date of birth)

Career summary, significant office(s) concurrently held, status andassignment at the Company
April
June
April
June

7.

Number ofshares of theCompany held

1979 Joined Marusan Securities Co., Ltd.
2005 Executive Officer and General Manager, Equity
Division, Marusan Securities Co., Ltd.
2011 Managing Executive Officer and General Manager,
Equity Division, Marusan Securities Co., Ltd.
2013 Director, Managing Executive Officer, General
Manager, Equity Division, and Supervisor,
Investigations Department, Marusan Securities Co., Ltd.
2014 President & Representative Director, Marusan Securities
Co., Ltd.
2018 Chairman & Representative Director, Marusan
Securities Co., Ltd.
2020 Advisor, Marusan Securities Co., Ltd.
2022 Retired from Marusan Securities Co., Ltd.
2022 Outside Director, Mito Securities Co., Ltd. (to present)May
ToshihikoKoiwaiJune(September 4,
1956)
June
<Reappointed> March<Outside
June
Director><Independent Number of years since assuming office as an Outside Director of the
Officer>Company: one year (at the conclusion of this General Meeting of
Shareholders)
Attendance at (Reason for nominating him as a candidate for Director, and expected
the Board of roles)
Mr. Toshihiko Koiwai was appointed President & Representative Director
Directorsof Marusan Securities Co., Ltd. after serving as sales manager at several
Meetings
branches and as Director and General Manager of Equity Division since
13/13
joining the company, and is closely familiar with the securities industry.
He possesses abundant experience as corporate manager, having led thecompany for more than six years including his term as Chairman &Representative Director, and thus can be expected to further enhance thedecision-making and supervisory functions of the Board of Directors. We
therefore consider him a suitable Outside Director of the Company. Mr.
Koiwai has no issue with any of the standards for independence set forth
by the exchange and the Company, and fulfills the qualification
requirements for an independent officer to whom conflict of interest withgeneral shareholders is unlikely to occur.

3,000 shares

Notes: 1. No conflict of interest exists between the Company and any of the above candidates for Directors.
2. Mr. Akira Segawa and Mr. Toshihiko Koiwai are candidates for Outside Director.
3. The Company has registered Mr. Akira Segawa and Mr. Toshihiko Koiwai with the Tokyo Stock
Exchange, Inc. as independent officers to whom conflict of interest with general shareholders is unlikely
to occur. When Mr. Akira Segawa and Mr. Toshihiko Koiwai are reelected as Outside Directors, theCompany will continue their appointment as independent officers. The Company believes that both Mr.
Akira Segawa and Mr. Toshihiko Koiwai fulfill the independence standards for outside officers
established by the Company.,
4. Concerning the liability limitation agreement with Outside Director (excluding executive directors, etc.),
the Company intends to continue liability limitation agreements with Mr. Akira Segawa and Mr.
Toshihiko Koiwai to limit the liability provided for in Article 423, Paragraph 1 of the Companies Act inaccordance with the provisions in Article 427, Paragraph 1 of the Companies Act and the Articles ofIncorporation. The maximum amount of liability under the agreement will be the amount stipulated bylaws and regulations.
5. The Company has concluded a directors and officers liability insurance agreement provided for in
Article 430-3, Paragraph 1 of the Companies Act with an insurance company to cover damages,
litigation expenses, etc. incurred by the insureds in the event that a claim for damages is made due to an
act performed by the insureds in their capacity as directors or officers of the Company. The candidates
will be included as the insureds under this insurance agreement. The Company bears all the insurance
premium. The period of the insurance agreement is one year from September 27, 2022. The Company
plans to renew the agreement with the same content at the next renewal.
13

(Reference)
Knowledge and skills possessed by the Company’s Directors (skills matrix)
The Company has identified the following knowledge and experience necessary for its Directors. The
knowledge and experience possessed by the Company’s Directors if Proposal No. 2 is approved and resolved
are as follows:

Name

Position

Sex

Corporate
management

Financialservices

Katsunori Kobayashi

Representative
Director
President

Male

○

○

Toru Uozu

Representative
Director
Vice President

Male

○

Susumu Abe

Managing Director

Male

○

Yasuyuki Suda

Director

Male○

Takeshi Ohtsuki

Director

Male

○

○

Akira Segawa

Outside Director

Male

○

○

○

Toshihiko Koiwai

Outside Director

Male

○

○

Hideki Iguchi

Director

Male○

Ryoichi Ohno

Outside Director

Male

○

Miyoe Ohnishi

Outside Director

Female○14

Finance/
Accounting

Legalaffairs/
Compliance
○

○

○

○

○

○

○

○

○

(REFERENCE)
Financial Highlights(Year ended March 31)
2018

2019

2020

2021

2022

2023

Non-consolidated financial highlights
Operating revenue(Millions of yen)

16,152

11,533

11,946

15,366

13,683

11,196

Ordinary income (loss)(Millions of yen)

3,347

△142

441

3,207

1,961

186

Net income (loss)(Millions of yen)

2,584

184

791

1,868

1,389

773

Capital stock(Millions of yen)

12,272

12,272

12,272

12,272

12,272

12,272

70,689,033

70,689,033

70,689,033

70,689,033

70,689,033

70,689,033

Total number of shares issued(Shares)

Total net assets(Millions of yen)

40,39438,07036,53539,70939,071

39,024

Total assets(Millions of yen)

67,852

63,34560,94071,91264,511

61,564

Net assets per share(Yen)

580.47548.13568.34617.58611.82603.83

Cash dividend per share[interim cash dividend per share]

(Yen)

20.00
【5.00】

4.00【2.00】

8.00【4.00】

16.00【6.00】

14.00【8.00】

22.00【2.00】Net income (loss) per share

(Yen)

36.93

2.66

11.86

29.05

21.73

12.01

Diluted net income (loss) per share

(Yen)

－

－

－

－

－

－

Equity ratio

(%)

59.5

60.1

60.0

55.2

60.6

63.4

Return (loss) on equity

(%)

6.6

0.5

2.1

4.9

3.5

2.0

Payout ratio

(%)

54.2

150.4

67.4

55.1

64.4

183.2

Notes: 1. The financial highlights are not presented in the original Notice of the Ordinary General Meeting of Shareholders inJapanese.
2. Moreover, some of the figures in this document have been prepared based on financial statements, which are not includedin the original Notice of the Ordinary General Meeting of Shareholders in Japanese.
3. Figures have been prepared in accordance with the accounting principles generally accepted in Japan, which are different
in certain respects from application and disclosure requirements of the International Financial Reporting Standards.

15