August 29, 2023
Company name:
Representative:
Inquiries:Tel:

ES-CON JAPAN Ltd.
Takatoshi Ito, President &Representative Director(TSE Prime Market, code: 8892)
Kenji Fujita,
Director, Head of Management Division+81-3-6230-9308

Notice of Change in Date of Settlement of Accounts (End of FiscalYear), Partial Amendment of Articles of Association, and Setting ofRecord Date for Extraordinary General Meeting of Shareholders
In today’s meeting, the Board of Directors of ES-CON JAPAN Ltd. (ES-CON JAPAN) decided tochange its date of settlement of accounts (end of the fiscal year), conditional on the approval of aresolution on the partial amendment of the current Articles of Association in an extraordinary general
meeting of shareholders to be held on November 29, 2023 (Extraordinary General Meeting) and toset a record date for the Extraordinary General Meeting.
1. Change in date of settlement of accounts (end of fiscal year)(1) Reason for this change

To date, ES-CON JAPAN’s date of settlement of accounts has been December 31. However, tointegrate the fiscal year with that of parent company Chubu Electric Power Co., Inc. (Chubu ElectricPower) and to promote efficient business operations in line with business administration and otherrelated measures of the Chubu Electric Power Group as a whole, ES-CON JAPAN has decided tomove its date of settlement of accounts (end of fiscal year) to March 31.
(2) Details of change
BeforeDecember 31 of each calendar year

After

March 31 of each calendar year

Under this plan, the 29th fiscal period (January 1 – December 31, 2023) will be extended to the 15month period from January 1, 2023 through March 31, 2024 and serve as a transitional period forthis change in the date of settlement of accounts. Plans call for similar changes at the following
consolidated subsidiaries:
ESCON PROPERTY Ltd.

Picasso Co., Ltd.

ES-CON ASSET MANAGEMENT Ltd.

Yuki Sangyo Co., Ltd.

ES-CON LIVING SERVICE Ltd.

FUEL Inc.

ES-CON HOME Ltd.

Ryomon Co., Ltd.

ESCON CRAFT Ltd.

1

(3) Future outlook

For information on the impact of this change in the fiscal period on ES-CON JAPAN’s full-year
financial results for FY2023 and on the medium-term management plan, please refer to “Revisions
to Forecasts of Full-Year Financial Results and Projected Dividends for FY2023 and to the Fourth
Medium-Term Management Plan in Accordance with Change in Date of Settlement of Accounts (Endof Fiscal Year),” a separate press release issued today.
(4) Partial amendment of the Articles of Association

The current Articles of Association will be revised in accordance with the change in the fiscal period
and the record dates for dividends of surplus.
Nature of amendment (Underlined passages indicate changes.)
Current Articles of Association

Proposed amendment

Articles 1–11

Unchanged

Article 12. (Record date for general meeting ofshareholders)

Article 12. (Record date for general meeting ofshareholders)

The record date for the regular general meeting ofshareholders shall be December 31 of each calendar
year.

The record date for the regular general meeting ofshareholders shall be March 31 of each calendar
year.

2.

2.

Text omitted

Unchanged

Articles 13–33

Unchanged

Article 34 (Fiscal year)

Article 34 (Fiscal year)

The Company’s fiscal year shall be the period of one
year from January 1 through December 31 of eachcalendar year.

The Company’s fiscal year shall be the period of one
year from April 1 of each calendar year throughMarch 31 of the following calendar year.

Article 35 (Record date for dividends of surplus)

Article 35 (Record date for dividends of surplus)

The Company’s record date for dividends of surplus
shall be December 31 of each calendar year.

The Company’s record date for dividends of surplus
shall be March 31 of each calendar year.

Article 36 (Interim dividends)

Article 36 (Interim dividends)

The Company may, by resolution of the Board ofDirectors, pay interim dividends with June 30 of eachcalendar year as the record date for interim
dividends.

The Company may, by resolution of the Board ofDirectors, pay interim dividends with September 30of each calendar year as the record date for interim
dividends.

Article 37

Unchanged-(Additional provisions)
Article 1
Notwithstanding the provisions of Article 34 (FiscalYear), the 29th fiscal year shall be the 15-month
period from January 1, 2023 through March 31,2024. The provisions of Article 35 and Article 36 of
the amended Articles of Association shall apply to
the 29th fiscal year.
This article shall be removed automatically after theend of the 29th fiscal year.

22. Record date for the Extraordinary General Meeting

The record date for finalizing the shareholders capable of exercising voting rights at the Extraordinary
General Meeting will be September 30, 2023. Shareholders indicated or recorded in the final
shareholder registry as of that date will be deemed qualified to exercise voting rights at theExtraordinary General Meeting.
(1) Record date

September 30, 2023

(2) Date of announcement

September 15, 2023

(3) Method of announcement

Electronic announcement (posting to the announcement webpage)https://www.es-conjapan.co.jp/(4) Date of Extraordinary
General Meeting

November 29, 2023 (planned)3