(Note) The following documents have been translated from the Japanese original for reference purposes
only. In the event of any discrepancy between this translation and the Japanese original, theoriginal shall prevail.

Ticker symbol 4228
June 2, 2016
To Our Shareholders
2-4-4 Nishitenma, Kita-ku, Osaka

Sekisui Plastics Co., Ltd.
Masato Kashiwabara
President and Representative Director

Notice of the 72nd Ordinary General Meeting of Shareholders

Dear Shareholders,
We express our heartfelt sympathy to all persons affected by the Kumamoto Earthquake in April.
You are cordially invited to attend the 72nd Ordinary General Meeting of Shareholders.
For shareholders who are unable to attend the meeting, it is possible to exercise yourvoting right through mail or the Internet. Please review the attached Reference
Documents for the General Meeting of Shareholders and exercise your voting rightby 5:15 p.m. on Thursday, June 23 2016.

1. Date and time:

10:00 a.m. on Friday, June 24, 2016

2. Place:

Manyo no Ma Room, 3rd Floor, ANA Crowne Plaza Osaka Hotel,
1-3-1 Dojimahama, Kita-ku, Osaka(the meeting place has changed from the previous meeting held lastyear)

3. Objectives of meeting:
Reporting matters:

1. Report on contents of the Business Report, Consolidated andNon-consolidated Financial Statements for the 72nd Business Term(from April 1, 2015, to March 31, 2016)
2. Report on findings of audits from the accounting auditor and the Audit& Supervisory Board on the Consolidated Financial Statements

Agenda to be resolved:
Proposal 1:

Appropriation of Surplus

Proposal 2:

Consolidation of Shares

Proposal 3:

Election of Eight (8) Directors

Proposal 4:

Election of Four (4) Audit & Supervisory Board Members
1

4. Instructions for exercising voting rights(1) For voting right exercise by mailPlease indicate your approval or disapproval of proposals on the enclosed Form of
Exercising the Voting Right, and return the form to us so that it will arrive by 5:15 p.m. on
Thursday, June 23, 2016.
(2) For voting right exercise through the Internet
Using a personal computer, smartphone or mobile phone, please access the Company’s
designated website for exercising the voting right ( http://www.evote.jp/ ). Input the “Login
ID” and “Temporary password” displayed on the enclosed Form of Exercising the Voting
Right and follow the screen instructions to indicate your approval or disapproval of proposals.
Please input your vote by 5:15 p.m. on Thursday, June 23, 2016.
If your right is exercised more than once through the Internet, the last exercise will only be
accepted as valid.
(3) In case of duplication of voting right exercise by mail and through the Internet
The exercise through the Internet will only be accepted as valid.

5. Matters Concerning Internet Disclosure
Pursuant to the relevant laws and regulations and the provision of Article 16 of theCompany’s Articles of Incorporation, the following matters among documents to be attached,
are posted on the Company’s website ( http://www.sekisuiplastics.co.jp/ ) and are notattached to this notice.
(i) “System to ensure appropriate business operations and summary of the operating statusof the relevant system” in the Business Report section(ii) “Notes to consolidated financial statements” in the Consolidated Financial Statements
section(iii) “Notes to non-consolidated financial statements” in the Non-consolidated Financial
Statements section

6. Notification Method for Revisions of Matters Stated in the Reference
Documents for the General Meeting of Shareholders, etc.
Changes in the reference documents, business report or consolidated / non-consolidated
financial statements, if any, will be posted on the Company’s website located at( http://www.sekisuiplastics.co.jp/ ).
●For shareholders attending the meeting, please present the enclosed Form of
Exercising the Voting Right at the reception desk. We expect the reception desk to bevery busy when the meeting is about to start. We appreciate your early arrival. The
reception desk is presently scheduled to open at 9:00 a.m.

2

Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal 1:
Appropriation of Surplus
The Board of Directors proposes that the appropriation of surplus be resolved as follows.
The issue of the year-end dividend
Comprehensively taking into account various aspects such as the status of profit, stability of
dividend payment, enhancement of the corporate structure and future business development,
the Company proposes a payment of a year-end dividend of 7 yen per share comprising an
ordinary dividend of 5 yen per share and an addition 2 yen as a record high profit
commemorative dividend.
Following the interim dividend of 5 yen per share paid on December 4, 2015, the annual
dividend for this term will amount to 12 yen per share.
(1) Type of asset distributed as dividend:Cash(2) Allocation of the asset distributed as dividend and the total amount thereof:
The proposed dividend amount: 7 yen per common share(ordinary dividend: 5 yen; record high profit commemorative dividend: 2 yen)
The total dividend amount: 654,690,351 yen(3) Effective date of distributing dividend from surplus:
June 27, 2016

3

Proposal 2:
Consolidation of Shares
1. Reasons necessitating share consolidation
Japan’s securities exchanges have announced the “Action Plan for Consolidating Trading
Units,” with the aim of standardizing the trading unit for common shares for all listedcompanies in Japan at 100 shares per unit.
As a company listed on the Tokyo Stock Exchange, the Company respects the intent of this,and in accordance with the provisions of the Companies Act, the Company has decided tochange the number of shares per share unit for the Company from 1,000 shares to 100 sharesby resolution of the meeting of the Board of Directors held on May 19, 2016. Together withthe change, the Company will carry out share consolidation (2 shares will be consolidated into
1 share) with respect to the shares of the Company, for the purpose of maintaining theinvestment unit standard (50,000 yen or greater and less than 500,000 yen) desired by thestock exchanges.
The above change in the number of shares per share unit shall come into effect on October 1,
2016, subject to this proposal being approved.
2. Details of share consolidation(1) Consolidation ratio
With regard to common shares issued by the Company, 2 shares will be consolidated into 1
share.
For shareholders who will have fractional shares of less than one share in the number ofshares held as a result of share consolidation, the Company shall sell these in bulk and thendistribute the sales proceeds to the shareholders in accordance with the fractional share ratios.
(2) Effective date of share consolidation
October 1, 2016
(3) Total number of shares authorized to be issued on the effective date of share consolidation
124,751,000 shares
By carrying out share consolidation, under the provisions of Article 182, paragraph 2 of theCompanies Act, the Company shall be deemed to have changed the Articles of Incorporation
relating to the total number of shares authorized to be issued as of the effective date of theshare consolidation.
(Note) Although the total number of issued shares will decrease to half that of the present asa result of share consolidation, net assets, etc., will not change, therefore, net assets per sharewill double and except for other factors such as stock market conditions, the asset value ofthe shares of the Company will not change.
(Reference)
When this Proposal is approved, a part of the Articles of Incorporation of the Company will
be changed as follows as of October 1, 2016. Details of the amendments are as follows.
(Changes are underlined)
Current Articles of Incorporation

Proposed Amendment(Total number of shares authorized to be issued)(Total number of shares authorized to be issued)

Article 6:

Article 6:

The total number of shares authorized to be

The total number of shares authorized to beissued of the Company shall be toissued of the Company shall be to249,502,000 shares.

124,751,000 shares.

(Number of shares per share unit)(Number of shares per share unit)

Article 8:

Article 8:

The number of shares per share unit of theCompany shall be to 1,000 shares.

The number of shares per share unit of theCompany shall be to 100 shares.

4

Proposal 3:
Election of Eight (8) Directors
The term of office of all 8 directors (including 2 outside directors) expires at the conclusion ofthis Ordinary General Meeting of Shareholders. Accordingly, it is proposed that 8 directors,
including 2 outside directors, be elected.
The candidates for directors are as follows.
Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April
June
June
June

1983:
2008:
2011:
2013:

Number of sharesof the Company
heldEntered the Company
Director of the Company
Managing Director of the Company(Reelection)
Executive Vice President andMasatoRepresentative Director, Vice-chief
Kashiwabara
Executive Officer of the Company(June 29, 1959) June
2014: President and Representative
222,160
1
Director, Chief Executive Officer of(Attendance rate)
the Company
100% at meetings of(current
position)the Board of(Significant concurrent positions
Directors
outside the Company)
Chairman of Japan Expanded
Polystyrene Association
Reason for nomination as candidate for Director
Mr. Masato Kashiwabara has been properly supervising management as the President andRepresentative Director of the Company. At meetings of the Board of Directors, he provides sufficientand appropriate explanations about important issues in management, thus improving thedecision-making functions of the Board of Directors. In addition, as Chief Executive Officer, he takescommand of management and strives to improve sustainable corporate value. Because of the above,
the Company judges him to be an appropriate person as a leader for realization of its long-term vision,and requests his continuous election as Director.
Number of years in office since first appointment as Director
Mr. Masato Kashiwabara is currently a director of the Company. His term of office as director is 8
years at the conclusion of this Ordinary General Meeting of Shareholders.

5Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

March
June
June
June

Number of sharesof the Company
held

1975:
2004:
2007:
2008:

Entered the Company
Director of the Company(Reelection)
Managing
Director of the Company
Yoshihide
Responsible
for Corporate Planning
Sano
and Purchasing Dept.
(November 12,
January 2010: General Manager of Strategic
262,5121952)
2Management Headquarters
June
2013: Director, Managing Executive(Attendance rate)
100% at meetings ofOfficer of the Company
the Board of
April
2015: Director, Senior Managing Executive
Directors
Officer of the Company(current position)
Reason for nomination as candidate for Director
Mr. Yoshihide Sano has been engaged in the formulation of management plans, etc. in the corporate
planning division of the Company for many years, and after serving in business divisions and as
General Manager of the business divisions, he currently plays a role in management as General
Manager of the Strategic and Management Headquarters, responsible for the Company’ strategic andmanagement division, and has wide-ranging experience and abundant knowledge. Because of theabundant experience he has cultivated so far, the Company judges him to be an appropriate person forrealization of sustainable corporate value improvement, and requests his continuous election as
Director.
Number of years in office since first appointment as Director
Mr. Yoshihide Sano is currently a director of the Company. His term of office as director is 12 years at
the conclusion of this Ordinary General Meeting of Shareholders.
April
June
June

1977: Entered the Company
2006: Director of the Company
2008: Responsible for Planning, The 1st(Reelection)
Business Headquarters
HiroshiMay
2009: General Manager of The 1st BusinessTsujimura
Headquarters(May 27, 1953) June
2009: Managing Director of the Company
192,9393
June
2011: General Manager of Administration(Attendance rate)
Headquarters, responsible for Branch
100% at meetings ofJune
2013: Director, Managing Executive
the Board of
Officer of the Company
Directors
October 2013: General Manager of Administration
Headquarters(current position)
Reason for nomination as candidate for Director
Mr. Hiroshi Tsujimura plays a role in management as General Manager of the Administration
Headquarters, responsible for administration divisions including personnel affairs, finance andaccounting and general affairs, after serving in business divisions and as General Manager of businessdivisions and a person in charge of the Company’s core businesses, and has wide-ranging experienceand abundant knowledge. Because of the abundant experience he has cultivated so far, the Company
judges him to be an appropriate person for realization of sustainable corporate value improvement, andrequests his continuous election as Director.
Number of years in office since first appointment as Director
Mr. Hiroshi Tsujimura is currently a director of the Company. His term of office as director is 10 years
at the conclusion of this Ordinary General Meeting of Shareholders.

6Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

Number of sharesof the Company
held

1980: Entered the Company
2009: Director of the Company
2009: General Manager of Planning Dept.,
The 1st Business Headquarters
156,812June
2013: Director, Managing Executive
4
OfficeroftheCompany(Attendance rate)
General Manager of The 1st Business
100% at meetings ofthe Board of
Headquarters
Directors(current position)
Reason for nomination as candidate for Director
Mr. Tetsuya Ikegaki currently plays a role in management as General Manager of The 1st Business
Headquarters, a person in charge of the Company’s core businesses, after serving in finance andaccounting and corporate planning divisions, business divisions, and as General Manager of thebusiness divisions, and has wide-ranging experience and abundant knowledge. Because of the abundant
experience he has cultivated so far, the Company judges him to be an appropriate person for realizationof sustainable corporate value improvement, and requests his continuous election as Director.
Number of years in office since first appointment as Director
Mr. Tetsuya Ikegaki is currently a director of the Company. His term of office as director is 7 years at
the conclusion of this Ordinary General Meeting of Shareholders.
(Reelection)

Tetsuya Ikegaki(March 13,
1958)

April
June
October

April
June
April

1984: Entered the Company
2011: Director of the Company
2012: Deputy General Manager of The 2nd
Business Headquarters
Deputy General Manager of The 3rd
Business Headquarters
December 2012: Deputy General Manager of The 2nd
Business Headquarters
General Manager of Global Division
Deputy General Manager of The 3rd
Business Headquarters
June
2013: Resigned from post of Director of theCompany
Executive Officer of the Company(New election)
September 2013: Deputy General Manager of The 2nd
Tetsuharu
Business Headquarters
Hirota77,700General Manager of Global Division
5(January 24,
Senior Manager of Global Business
Planning Department
1959)
Deputy General Manager of The 3rd
Business Headquarters
April
2014: Deputy General Manager of The 2nd
Business Headquarters
General Manager of Automotive
Components & Shipping Systems
Business Division
March
2015: Deputy General Manager of The 2nd
Business Headquarters
June
2015: Managing Executive Officer of theCompanyMay
2016: General Manager of The 2nd
Business Headquarters(current position)
Reason for nomination as candidate for Director
Mr. Tetsuharu Hirota currently plays a role in management as General Manager of The 2nd Business
Headquarters that controls new businesses and global business, after serving in business divisions andas General Manager of the business divisions. The Company judges him to be an appropriate person forrealization of sustainable corporate value improvement by promotion of global business expansion, andrequests his election as Director.

7

Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April
June
June

Number of sharesof the Company
held

1985: Entered the Company
2011: Director of the Company
2012: General Manager of Technology
Headquarters
General Manager of Technology
Development Department of The 2nd
Business Headquarters(New election)
October 2012: General Manager of Technology
Nobuyuki
Headquarters
Tsujiwaki
100,489
Chief of Global Technical Center of6(January 19,
The 2nd Business Headquarters
June
2013: Resigned from post of Director of the
1963)
Company
Executive Officer of the Company
April
2014: General Manager of Technology
Headquarters
June
2015: Managing Executive Officer of theCompany(current position)
Reason for nomination as candidate for Director
Mr. Nobuyuki Tsujiwaki currently plays a role in management as General Manager of Technology
Headquarters that controls the technology development divisions, after serving in the technology
development division, as General Manager of Central R&D Laboratory, and Technical General
Manager of business divisions. The Company judges him to be an appropriate person for realization ofsustainable corporate value improvement by promotion of product development to meet market andcustomer needs, etc., and requests his election as Director.

8

Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April

Number of sharesof the Company
held1970: Entered Fujita-gumi Corporation(currently Fujita Corporation)(Reelection)
April
2002: Executive Officer of Fujita
KatsuyaCorporation
AmimotoJune
2005: Representative Director and President(June 10, 1947)
of Fujita Corporation
April
2008: Resigned from post of President of(candidate for outside
Fujita Corporation
29,4367
director)
June
2008:
Resignedfrom post of Representative(candidate for
Director of Fujita Corporation
independent director)
Part-time Adviser for Fujita(Attendance rate)
Corporation
100% at meetings ofJune
2011: Director of the Company
the Board of
Resigned from post of Part-time
Directors
Adviser for Fujita Corporation(current position)
Reason for nomination as candidate for Outside Director
Mr. Katsuya Amimoto has engaged in corporate management for many years, and his abundant
knowledge and experience will enable him to contribute to strengthening corporate governance by
providing advice on the Company’s business execution from an independent point of view. Therefore,
the Company requests his election as outside director.
Number of years in office since first appointment as Outside Director
Mr. Katsuya Amimoto is currently an outside director of the Company. His term of office as outside
director is 5 years at the conclusion of this Ordinary General Meeting of Shareholders.
Other matters concerning the candidate for Outside Director(1) Mr. Katsuya Amimoto has been reported as an independent director to the Tokyo Stock Exchange.
The company plans that he will continue to be an independent director if his re-election isapproved.
(2) Mr. Katsuya Amimoto fulfills the “Criteria for Appointment and Independence of Outside
Directors and Outside Audit & Supervisory Board Members” prescribed by the Company,
therefore the Company judges that he has sufficient independence from the Company.
(3) In September 2012, although the Sekisui Plastics Group received a cease and desist order andorder for payment of a surcharge based on the Antimonopoly Act from the Japan Fair Trade
Commission, the Group was unable to accept the content of the order. In November 2012, theGroup requested that the Japan Fair Trade Commission conduct hearing procedures, and these
hearing procedures are continuing. Addressing this matter, Mr. Katsuya Amimoto has been
providing advice on systems for compliance with laws and regulations such as the AntimonopolyAct.

9Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

Number of sharesof the Company
held

April

1976: Entered Sumitomo Rubber Industries,
Ltd.
March
2000: Director of Sumitomo Rubber
Industries, Ltd.
March
2003: Executive Officer of Sumitomo
Rubber Industries, Ltd.
(Reelection)
July
2003: Resigned from post of Executive
Hiroyuki Bamba
Officer of Sumitomo Rubber(January 27,
Industries, Ltd.
1954)
President and Representative Directorof SRI Sports Limited (currently(candidate for outside
Dunlop Sports Co. Ltd.)
director)
2,110
March
2011: Chairman and Representative
8(candidate forindependent director)
Director of SRI Sports Limited
March2013: Resigned from post of Representative(Attendance rate after
Director of Dunlop Sports Co. Ltd.
he took office on
March
2015: Resigned from post of Chairman andJune 23, 2015)
100% at meetings of
Director of Dunlop Sports Co. Ltd.
the Board ofCounselor to Dunlop Sports Co. Ltd.
Directors
June
2015: Director of the Company(current position)(Significant concurrent positions
outside the Company)
Counselor to Dunlop Sports Co.
Ltd.
Reason for nomination as candidate for Outside Director
Mr. Hiroyuki Bamba has engaged in corporate management for many years, and his abundant
knowledge and experience will enable him to contribute to strengthening corporate governance by
providing advice on the Company’s business execution from an independent point of view. Therefore,
the Company requests his election as outside director.
Number of years in office since first appointment as Outside Director
Mr. Hiroyuki Bamba is currently an outside director of the Company. His term of office as outside
director is 1 year at the conclusion of this Ordinary General Meeting of Shareholders.
Other matters concerning the candidate for Outside Director(1) Mr. Hiroyuki Bamba has been reported as an independent director to the Tokyo Stock Exchange.
The company plans that he will continue to be an independent director if his re-election isapproved.
(2) Mr. Hiroyuki Bamba fulfills the “Criteria for Appointment and Independence of Outside Directors
and Outside Audit & Supervisory Board Members” prescribed by the Company, therefore theCompany judges that he has sufficient independence from the Company.
(3) In September 2012, although the Sekisui Plastics Group received a cease and desist order andorder for payment of a surcharge based on the Antimonopoly Act from the Japan Fair Trade
Commission, the Group was unable to accept the content of the order. In November 2012, theGroup requested that the Japan Fair Trade Commission conduct hearing procedures, and these
hearing procedures are continuing. Addressing this matter, Mr. Hiroyuki Bamba has been
providing advice on systems for compliance with laws and regulations such as the Antimonopoly
Act.
Notes

1. There are no special interests existing between each of the candidates and the Company.
2.

In accordance with the Company’s Articles of Incorporation, the Company concluded a limited liability agreementwith Mr. Katsuya Amimoto and Mr. Hiroyuki Bamba to limit the liability provided in Article 423, paragraph (1) of
the Companies Act. If their re-election is approved, the Company intends to continue the limited liability agreementwith them. The following is an outline of the content of the limited liability agreement.
A director (excluding directors with executive authority over operations, etc.), with the limited liability agreement
made, shall be liable for damages compensation up to the minimum amount of liability as defined in Article 425,
paragraph (1) of the Companies Act, provided that his/her duties are performed in good faith and without grossnegligence.

10

(Reference)
Please refer to “Criteria for Appointment and Independence of Outside Directors andOutside Audit & Supervisory Board Members” prescribed by the Company, which is postedon the website of the Company.
( http://www.sekisuiplastics.co.jp/ir/governance/pdf/policy.pdf )11

Proposal 4:
Election of Four (4) Audit & Supervisory Board Members
The term of office of Audit & Supervisory Board Member Masayuki Moriya, Kiyotaka Tsuji,Morinobu Nagahama and Keizo Kosaka expires at the conclusion of this Ordinary General
Meeting of Shareholders.
Accordingly, it is proposed that 4 audit & supervisory board members, including 3 outside
audit & supervisory board members be elected to replace them.
The consent of the Audit & Supervisory Board has been obtained in advance for this proposal.
The candidate for the audit & supervisory board member is as follows.
Candidate
#

1

Name
(Date of Birth)(Reelection)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April
Masayuki
JanuaryMoriya(March 6, 1957)
June(Attendance rate)
100% at meetings ofthe Board of Directors
100% at meetings of
the Audit &Supervisory Board

1979: Entered the Company
2010: General Manager of Corporate
Planning Department, Strategic
Management Headquarters
2012: Full-time Audit & Supervisory Board
Member of the Company(current position)

Number of sharesof the Company held

61,584

Reason for nomination as candidate for Audit & Supervisory Board Members
Mr. Masayuki Moriya has fulfilled the role of auditing execution of duties by Directors properly as anaudit & supervisory board member. He has attended meetings of the Board of Directors and otherimportant meetings, provided opinions from the viewpoint of auditing properness and reasonableness,
and as a standing audit & supervisory board member, he has striven to develop an environment forauditing and also to monitor the status of building and operating the internal governance system.
Because of the above, the Company judges him to be an appropriate person to be an audit &supervisory board member, and requests his continuous election as an audit & supervisory board
member.
Number of years in office since first appointment as Audit & Supervisory Board Members
Mr. Masayuki Moriya is currently an audit & supervisory board member of the Company. His term ofoffice as audit & supervisory board member is 4 years at the conclusion of this Ordinary General
Meeting of Shareholders.
Other matters concerning the candidate for Audit & Supervisory Board Members
Mr. Masayuki Moriya has experience for many years in administrative affairs with respect to corporate
accounting, including systems, accounting and management planning, and has a considerable degreeof knowledge with respect to financial affairs and accounting.

12Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April
April

Number of sharesof the Company held

1982: Entered Sekisui Chemical Co., Ltd.
2012: Chief of Corporate Audit Department
of Sekisui Chemical Co., Ltd.
April
2016: Assistant to General Manager of
Personnel Department(New election)(current position)
Yuichi Hamabe(Significant concurrent positions(October 18,
outside the Company)
1958)
0
2
Full-time Audit & Supervisory
Board Member, Sekisui Chemical(candidate for outside
audit & supervisoryCo., Ltd.(scheduled to take office inboard member)June 2016)
Outside Audit & Supervisory Board
Member of Almetax Manufacturing
Co.,Ltd. (scheduled to take office inJune 2016)
Reason for nomination as candidate for Outside Audit & Supervisory Board Members
Mr. Yuichi Hamabe has been engaged in corporate management for many years, and the Company
requests his election as an outside audit & supervisory board member, to make use of the abundant
knowledge and experience for auditing of the Company.
Other matters concerning the candidate for Outside Audit & Supervisory Board Members(1) As Mr. Yuichi Hamabe is scheduled to assume the position of standing full-time audit &supervisory board member of Sekisui Chemical Co., Ltd., which holds 21.74% of the shares of theCompany, therefore the Company does not designate him as an independent audit & supervisoryboard member. The Company Group has transactions in products, etc. with the Sekisui ChemicalGroup, however, in fiscal 2015, the record of sales from the Company Group to the Sekisui
Chemical Group was less than 1.6% of the consolidated sales of the Company, and the record ofsales from Sekisui Chemical Group to the Company Group was less than 0.06% of theconsolidated sales of the Sekisui Chemical Co, Ltd., therefore the Company judges that theindependence of Mr. Hamabe as an outside audit & supervisory board member will not be harmed.
(2) Mr. Yuichi Hamabe was a business executor of Sekisui Chemical Co., Ltd., which is a business
operator with a specific relationship with the Company, as described in his brief history, andreceived compensation, etc. as an employee for the past two years therefrom. He is scheduled to beelected as an audit & supervisory board member at the meeting of general shareholders of therelevant company, which is scheduled to be held in June 2016.

13

Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

April

Number of sharesof the Company held

1979: Entered Dai-ichi Mutual Life
Insurance Company (currently The
Dai-ichi Life Insurance Company,(Reelection)
Limited)Morinobu
September 2008: Executive Officer of Dai-ichi Mutual
Nagahama
Life Insurance Company(December 18, April
2013: Managing Executive Officer of The
1956)
Dai-ichi Life Insurance Company,
Limited(candidate for outside June
2014: Director, Managing Executive
audit & supervisory
Officer of Dai-ichi Mutual Lifeboard member)
2,110
Insurance Company, Limited
3(candidate forindependent audit &Audit & Supervisory Board Member
supervisory boardof the Company
member)April
2016: Director, Senior Managing Executive
Officer of The Dai-ichi Life
(Attendance rate)
92% at meetings of the
Insurance Company, Limited
Board of Directors(current position)
91% at meetings of the(Significant concurrent positions
Audit & Supervisory
outside the Company)
Board
Director, Senior Managing
Executive Officer of The Dai-ichi
Life Insurance Company, Limited
Reason for nomination as candidate for Outside Audit & Supervisory Board Members
Mr. Morinobu Nagahama has been engaged in corporate management for many years, and theCompany requests his election as an outside audit & supervisory board member, to make use of theabundant knowledge and experience for auditing of the Company.
Number of years in office since first appointment as Outside Audit & Supervisory Board
Members
Mr. Morinobu Nagahama is currently an outside audit & supervisory board member of the Company.
His term of office as outside audit & supervisory board member is 2 years at the conclusion of thisOrdinary General Meeting of Shareholders.
Other matters concerning the candidate for Outside Audit & Supervisory Board Members(1) Mr. Morinobu Nagahama has been reported as an independent audit & supervisory board
member to the Tokyo Stock Exchange. The company plans that he will continue to be an
independent audit & supervisory board member if his re-election is approved.
(2) Mr. Morinobu Nagahama fulfills the “Criteria for Appointment and Independence of Outside
Directors and Outside Audit & Supervisory Board Members” prescribed by the Company,
therefore the Company judges that he has sufficient independence from the Company.
(3) In September 2012, although the Sekisui Plastics Group received a cease and desist order andorder for payment of a surcharge based on the Antimonopoly Act from the Japan Fair Trade
Commission, the Group was unable to accept the content of the order. In November 2012, theGroup requested that the Japan Fair Trade Commission conduct hearing procedures, and these
hearing procedures are continuing. Addressing this matter, Mr. Morinobu Nagahama has been
providing advice on systems for compliance with laws and regulations such as the Antimonopoly
Act.

14

Candidate#

Name(Date of Birth)

Brief History and Position and Duties at the Company(Significant Concurrent Positions outside the Company)

Number of sharesof the Company held

1970: Registered as attorney at law, Entered
Irokawa Law Office
Keizo Kosaka
January
2001:
Representativeof Irokawa Law(December
Office11,1945)
June
2012: Audit & Supervisory Board Memberof the Company(candidate for outside(current position)
audit & supervisoryboard member)(Significant concurrent positions(candidate for0
outside the Company)
4
independent audit &Attorneyatlawsupervisory board
Outside Director of Sumitomo
member)Rubber Industries, Ltd.
(Attendance rate)
Outside Audit & Supervisory Board
100% at meetings ofMember of Techno Associe Co.,
the Board of Directors
Ltd.
100% at meetings of
the Audit &(scheduled to take office in June
Supervisory Board
2016)
Reason for nomination as candidate for Outside Audit & Supervisory Board Members
Mr. Keizo Kosaka has wide-ranging knowledge of corporate legal affairs as a lawyer, and theCompany requests his election as an outside audit & supervisory board member, to make use of thisknowledge for the auditing of the Company. Although Mr. Kosaka has not been engaged in corporate
management other than by way of being an outside officer, the Company judges him capable ofproperly executing duties as an outside audit & supervisory board member of the Company based on
the above reasons.
Number of years in office since first appointment as Outside Audit & Supervisory Board
Members
Mr. Keizo Kosaka is currently an outside audit & supervisory board member of the Company. His
term of office as outside audit & supervisory board member is 4 years at the conclusion of thisOrdinary General Meeting of Shareholders.
Other matters concerning the candidate for Outside Audit & Supervisory Board Members(1) Mr. Keizo Kosaka has been reported as an independent audit & supervisory board member to theTokyo Stock Exchange. The company plans that he will continue to be an independent audit &supervisory board member if his re-election is approved.
(2) Mr. Kosaka fulfills the “Criteria for Appointment and Independence of Outside Directors andOutside Audit & Supervisory Board Members” prescribed by the Company, therefore theCompany judges that he has sufficient independence from the Company.
(3) In September 2012, although the Sekisui Plastics Group received a cease and desist order andorder for payment of a surcharge based on the Antimonopoly Act from the Japan Fair Trade
Commission, the Group was unable to accept the content of the order. In November 2012, theGroup requested that the Japan Fair Trade Commission conduct hearing procedures, and these
hearing procedures are continuing. Addressing this matter, Mr. Keizo Kosaka has been providing
advice on systems for compliance with laws and regulations such as the Antimonopoly Act.
(Reelection)

Notes

April

1. There are no special interests existing between each of the candidates and the Company.
2.

In accordance with the Company’s Articles of Incorporation, the Company concluded a limited liability agreementwith Mr. Morinobu Nagahama and Mr. Keizo Kosaka to limit the liability provided in Article 423, paragraph (1) of
the Companies Act. If their re-election is approved, the Company intends to continue the limited liability agreementwith them. Also, if election of Mr. Yuichi Hamabe is approved, the Company intends to conclude a limited liability
agreement with him. The following is an outline of the content of the limited liability agreement.
An audit & supervisory board member, with the limited liability agreement made, shall be liable for damages
compensation up to the minimum amount of liability as defined in Article 425, paragraph (1) of the Companies Act,
provided that his/her duties are performed in good faith and without gross negligence.

(Reference)
Please refer to “Criteria for Appointment and Independence of Outside Directors andOutside Audit & Supervisory Board Members” prescribed by the Company, which is postedon the website of the Company.
( http://www.sekisuiplastics.co.jp/ir/governance/pdf/policy.pdf )15