(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 1, 2017
To Our Shareholders
2-4-4 Nishitenma, Kita-ku, Osaka

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

Notice of the 73rd Ordinary General Meeting of Shareholders

Dear Shareholders,
You are cordially invited to attend the 73rd 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 22, 2017.

1. Date and time:

10:00 a.m. on Friday, June 23, 2017

2. Place:

Manyo no Ma Room, 3rd Floor, ANA Crowne Plaza Osaka Hotel,
1-3-1 Dojimahama, Kita-ku, Osaka

3. Objectives of meeting:
Reporting matters:

1. Report on contents of the Business Report, Consolidated andNon-consolidated Financial Statements for the 73rd Business Term(from April 1, 2016, to March 31, 2017)
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:

Election of Eight (8) Directors

Proposal 3:

Election of One (1) Audit & Supervisory Board Member

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 22, 2017.
(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 22, 2017.
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
The Company regards profit distribution to shareholders as an important managerial issue.
Our basic policy on profit distribution is to carry out stable payment of amounts that are inline with the trend of consolidated operating results while ensuring that sufficient retained
earnings are allocated to strengthen the operating structure and future business development.
For the dividend policy, the Company’s target for the consolidated dividend payout ratio is30-40%. After careful examination based on the aforementioned basic policy on profit
distribution and dividend policy, the Company had decided to pay year-end dividends for the
fiscal year under review of 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: 12 yen per common share
The total dividend amount: 550,652,148 yen
With an effective date of October 1, 2016, a 2:1 share consolidation of common stock was
implemented. In addition, the Company paid an interim dividend of 6 yen per share on
December 7, 2016 with a record date of September 30, 2016, which was prior to the shareconsolidation. Due to this, when calculated based on the state before the share consolidation,
the annual dividend for the current fiscal year is 12 yen per share, comprising an interim
dividend of 6 yen and a year-end dividend of 6 yen, and when calculated based on the state
after the share consolidation, the annual dividend for the current fiscal year is 24 yen per
share, comprising an interim dividend of 12 yen and a year-end dividend of 12 yen.
(3) Effective date of distributing dividend from surplus:
June 26, 20173

Proposal 2:
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
Directorof the Company(Reelection)
Managing
Director of the Company
MasatoExecutive Vice President andKashiwabara
Representative Director, Vice-chief
57 years old
Executive Officer of the Company(June 29, 1959) June
2014: President and Representative
126,6871
Director, Chief Executive Officer of(candidate for inside
the Company
director)(current position)(Attendance rate)
100% at meetings of(Significant concurrent positions
the Board ofoutside the Company)
Directors
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 9
years at the conclusion of this Ordinary General Meeting of Shareholders.

4Candidate#

Name(Date of Birth)

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

Entered the Company
Director of the Company
Managing Director of the Company
Responsible for Corporate Planningand Purchasing Dept.
January 2010: General Manager of Strategic
144,397
2
Management Headquarters(candidate for insideJune
2013: Director, Managing Executive
director)
Officer of the Company(Attendance rate)April
2015: Director, Senior Managing Executive
100% at meetings ofOfficer of the Company
the Board of
Directors(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. He has also been engaged in business divisions andserved as General Manager of the business divisions. He currently plays a role in management as
General Manager of the Strategic and Management Headquarters, placing him responsible for theCompany’s strategic and management division, and he therefore has wide-ranging experience andabundant knowledge. Because of the abundant experience he has cultivated so far, the Company judges
him to be an appropriate person for realizing sustainable improvement of corporate value, 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 13 years at
the conclusion of this Ordinary General Meeting of Shareholders.
(Reelection)

YoshihideSano
64 years old(November 12,
1952)

March
June
June
June

Number of sharesof the Company
held

1975:
2004:
2007:
2008:

1980: Entered the Company
2009: Director of the Company
2009: General Manager of Planning Dept.,
The 1st Business Headquarters
June
2013: Director, Managing Executive
91,106
Officer of the Company
3(candidate for inside
General Manager of The 1st Businessdirector)
Headquarters(Attendance rate)
June
2017:
GeneralManager of Administration
100% at meetings of
Headquarters
the Board of
Directors(current position)
Reason for nomination as candidate for Director
Mr. Tetsuya Ikegaki plays a role in management as General Manager of the Administration
Headquarters, placing him responsible for administration divisions including personnel affairs, financeand accounting and legal affairs. Before then, he was engaged in finance and accounting and corporate
planning divisions, business divisions and served as General Manager of business divisions and as aperson in charge of the Company’s core businesses, and he therefore has wide-ranging experience andabundant knowledge. Because of the abundant experience he has cultivated so far, the Company judges
him to be an appropriate person for realizing sustainable improvement of corporate value, 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 8 years at
the conclusion of this Ordinary General Meeting of Shareholders.
(Reelection)

Tetsuya Ikegaki
59 years old(March 13,
1958)

April
June
October5

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

1984: Entered the Company
2011: Director of the Company
2013: Resigned from post of Director of theCompany
Executive Officer of the Company
September 2013: Deputy General Manager of The 2nd
Business Headquarters(Reelection)
General Manager of Global Division
Tetsuharu
Senior Manager of Global Business
HirotaPlanning Department
58 years old
Deputy General Manager of The 3rd(January 24,
Business Headquarters
1959)
April
2014: Deputy General Manager of The 2nd
50,643
4
Business Headquarters(candidate for inside
General Manager of Automotive
director)(Attendance rate after
Components & Shipping Systems
he took office on
Business Division
June 24, 2016)
March
2015: Deputy General Manager of The 2nd
100% at meetings ofBusiness Headquarters
the Board of
Directors
June
2015: Managing Executive Officer of theCompanyMay
2016: General Manager of The 2nd
Business Headquarters
June
2016: Director, Managing Executive
Officer of the Company(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, placing him in control of new businesses and global business. Before then, he wasengaged in business divisions and served as General Manager of business divisions, and he therefore
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 realizing sustainableimprovement of corporate value, and requests his continuous election as Director.
Number of years in office since first appointment as Director
Mr. Tetsuharu Hirota is currently a director of the Company. His term of office as director is 1 year at
the conclusion of this Ordinary General Meeting of Shareholders.

6Candidate#

Name(Date of Birth)(Reelection)

NobuyukiTsujiwaki
54 years old(January 19,
1963)
5(candidate for insidedirector)(Attendance rate after
he took office onJune 24, 2016)
100% at meetings ofthe Board of
Directors

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

April
June
June
April
June
June

1985: Entered the Company
2011: Director of the Company
2013: Resigned from post of Director of theCompany
Executive Officer of the Company
2014: General Manager of Technology
Headquarters
2015: Managing Executive Officer of theCompany
2016: Director, Managing Executive
Officer of the Company(current position)

Number of sharesof the Company
held58,420Reason for nomination as candidate for Director
Mr. Nobuyuki Tsujiwaki currently plays a role in management as General Manager of Technology
Headquarters, placing him in control of the technology development divisions. Before then, he wasengaged in the technology development division, and served as General Manager of Central R&D
Laboratory, and as Technical General Manager of business divisions, and he therefore has wide-ranging
experience and abundant knowledge. Because of the abundant experience he has cultivated so far, theCompany judges him to be an appropriate person for realizing sustainable improvement of corporate
value, and requests his continuous election as Director.
Number of years in office since first appointment as Director
Mr. Nobuyuki Tsujiwaki is currently a director of the Company. His term of office as director is 1 year
at the conclusion of this Ordinary General Meeting of Shareholders.
(New election)

6

Tetsuya
Shiota58 years old(May 26, 1959)(candidate for insidedirector)

April
June
June

1983: Entered the Company
2015: Executive Officer of the Company
Deputy General Manager of The 1st
Business Headquarters
2017: General Manager of The 1st Business
Headquarters(current position)

17,387

Reason for nomination as candidate for Director
Mr. Tetsuya Shiota currently plays a role in management as General Manager of The 1st Business
Headquarters, placing him in charge of the Company’s core businesses. Before then, he was engaged inbusiness divisions, and served as President of significant subsidiaries, as General Manager of thebusiness divisions, and as Deputy General Manager of The 1st Business Headquarters. The Company
judges him to be an appropriate person for realizing sustainable improvement of corporate value throughpromotion of strengthening competitiveness aimed at building a high-profit operating structure, 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)

Number of sharesof the Company
held

April

1970: Entered Fujita-gumi Corporation(currently Fujita Corporation)
April
2002: Executive Officer of Fujita
KatsuyaCorporation
AmimotoJune
2005:
Representative
Director and President
70 years oldof
FujitaCorporation(June 10, 1947)
April
2008: Resigned from post of President of
Fujita Corporation(candidate for outside
15,5437
June
2008: Resigned from post of Representative
director)(candidate for
Director of Fujita Corporation
independent director)
Part-time Adviser for Fujita
Corporation(Attendance rate)
June
2011:
Directorof the Company
100% at meetings ofthe 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 6 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 served as Representative Director of Fujita Corporation up until 2008.
Although the Sekisui Plastics Group conducts product related trade and other transactions with
Fujita Corporation, the amount of sales from the Sekisui Plastics Group was less than 0.005% of
the Company’s consolidated net sales in FY 2016. In addition, the orders made for facility-related
construction works to Fujita Corporation in FY 2016 amounted to less than 0.01% of the net salesof Fujita Corporation. He also fulfills the “Criteria for Appointment and Independence of(Reelection)

Outside Directors and Outside Audit & Supervisory Board Members” prescribed by theCompany. Therefore the Company judges that he has sufficient independence from theCompany.

8

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.
July
2003: Resigned from post of Executive
Officer of Sumitomo Rubber(Reelection)
Industries, Ltd.
Hiroyuki Bamba
President and Representative Director
63 years oldof SRI Sports Limited (currently(January 27,
Dunlop Sports Co. Ltd.)
1954)
March
2011: Chairman and Representative
Director of SRI Sports Limited(candidate for outside
3,305
8
March
2013: Resigned from post of Representative
director)(candidate for
Director of Dunlop Sports Co. Ltd.
independent director) March
2015: Resigned from post of Chairman and
Director of Dunlop Sports Co. Ltd.
(Attendance rate)
Counselor to Dunlop Sports Co. Ltd.
100% at meetings ofthe Board ofJune
2015: Director of the Company
Directors(current position)(Significant concurrent positions
outside the Company)
Counselor to Dunlop Sports Co.
Ltd.
Outside Director of Kobe Steel, Ltd.
(scheduled to assume the position inJune 2017)
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 2 years 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 is serving as a Counselor to Dunlop Sports Co., Ltd. There are no business
relationships between the Dunlop Sports Group and the Sekisui Plastics Group. He also 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 hehas sufficient independence from the Company.
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.

9

(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 )10

Proposal 3:
Election of One (1) Audit & Supervisory Board Member
The term of office of Audit & Supervisory Board Member Katsunori Numakura expires at theconclusion of this Ordinary General Meeting of Shareholders.
Accordingly, it is proposed that 1 audit & supervisory board member be elected to replacehim.
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.
Name(Date of Birth)

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

1980: Entered the Company
2011: Senior Manager, Chief of Internal Audit
Department, Administration Headquarters
2017: Dismissed the post of Senior Manager,
9,391
Chief of Internal Audit Department,
Administration Headquarters
2017: Assistant to General Manager of(candidate for inside audit May& supervisory board
Administration Headquarters
member)(current position)
Reason for nomination as candidate for Audit & Supervisory Board Member
Mr. Koichi Miyashita has been engaged in information systems, corporate planning and internal audit
and has abundant knowledge and experience. He has also been engaged in administrative affairs withrespect to corporate accounting for many years, and possesses a considerable degree of knowledge
with respect to financial affairs and accounting. Because of the above, the Company judges him to bean appropriate person to be an audit & supervisory board member, and requests his election as an audit& supervisory board member.
(New election)

April

Number of sharesof the Company held

AugustKoichiMiyashitaMarch
60 years old(February 3, 1957)

Note

There are no special interests existing between the candidate and the Company.

11