Securities Code 9678
January 4, 2018
To Our Shareholders
1-19, Odori Higashi 3-chome
Chuo-ku, Sapporo, Hokkaido
060-0041, Japan
Tetsuo Kanamoto, President

Notification and Invitation to the 53rd Regular General Meeting of the Shareholders
On behalf of the company, I would like to express our sincere appreciation for your continuing
support.
It is a pleasure to send you notification of the 53rd Regular General Meeting of the Shareholdersof Kanamoto Company, Ltd., which will be convened at the time and location indicated below.
If you are unable to attend the Meeting, please take a few moments to read the following
reference documents for the General Meeting of the Shareholders, and exercise your voting rights
by using either of the procedures indicated below.
[To exercise your shareholder voting rights by mail]Shareholders who wish to exercise their voting rights using the Form for Exercising Voting Rights arerequested to use the enclosed form to cast an affirmative or negative vote regarding the resolutions presented
for approval. Please sign your voting form and return it to us by 5:00 p.m. on Wednesday, January 24, 2018
(Japan time).
[To exercise your shareholder voting rights by Internet]
Shareholders who wish to exercise their voting rights using the Internet are requested to exercise their voting
rights to cast an affirmative or negative vote regarding the resolutions presented for approval by 5:00 p.m. on
Wednesday, January 24, 2018 (Japan time).
◎Please refer to the Instructions When Exercising of Voting Rights Using the Internet, etc. provided below onPage 10 to 12.

1. Date and Time
2. Location

Thursday, January 25, 2018, 10:00 a.m. (Reception desk will open from 9:00 a.m.)
11-1 Nishi, Kita 1-jo, Chuo-ku, Sapporo, Hokkaido, Japan
Royton Sapporo, 3rd Floor “Royton Hall”

3. Purpose and Topics of the Meeting
Matters to be reported
1. Report of Business Operations and the Consolidated Financial Statements, and the Report on
Results of the Audit by the Accounting Auditor and the Board of Corporate Auditors on theConsolidated Financial Statements, for the 53rd Business Period (from November 1, 2016 to
October 31, 2017)
2. Report of the Company Financial Statements for the 53rd Business Period (from November 1, 2016
to October 31, 2017)
Resolutions to be presented for Shareholder Approval
Resolution
Appointment of fourteen (14) individuals to position of Director－1－◎Exercise of voting rights by proxy
When you will exercise your voting rights by proxy, one (1) other shareholder with voting rights can attend theGeneral Meeting of the Shareholders as your representative. However, your proxy will be required to present
documentation to verify he/she has the authority to vote on your behalf.

◎When attending the General Meeting of the Shareholders on the scheduled date, please submit the enclosed
Form for Exercising Voting Rights at the reception desk on the meeting date.
◎As part of the documents to be provided to shareholders when issuing this notification to convene a Regular
General Meeting of the Shareholders, information pertaining to matters that should be disclosed in the Notes to
the Consolidated Financial Statements and Notes to the Company Financial Statements will be provided toshareholders in the form of documents available on Kanamoto’s Internet website [ https://www.kanamoto.ne.jp ]based on laws and regulations and Article 16 of Kanamoto’s Articles of Incorporation.
In addition to the matters described in the enclosed 53rd Business Period Report of Business Operations, thematters that should be disclosed as Notes to the Consolidated Financial Statements and Notes to the Company
Financial Statements are included as well in the Consolidated Financial Statements and Company Financial
Statements that were audited when the Board of Corporate Auditors prepared its Audit Report and the Accounting
Auditor prepared its Audit Report, respectively.
In the event of revisions to the Reference Documents for the General Meeting of the Shareholders described
below and the Report of Business Operations or Consolidated Financial Statements and the Company Financial
Statements described in the 53rd Business Period Report of Business Operations, the Company will publish thechanges on its Internet website [https://www.kanamoto.ne.jp].

－2－Reference Documents for the General Meeting of the Shareholders
Resolution Appointment of fourteen (14) individuals to position of Director
The term of office of fourteen (14) Company Directors will terminate at the conclusion of theRegular General Meeting of the Shareholders. Therefore, the Company is requesting approval toappoint fourteen (14) individuals to the position of Director.
Information on the candidates for Director is provided below.
NomineenumberName

Position and duties at Kanamoto

1

Kanchu Kanamoto

Chairman of the Board and Representative
Director

2

Tetsuo Kanamoto

3

Nobuhito Utatsu

4

Hitoshi Narita

5

Tatsuo Kanamoto

President and CEO, Corporate Officer,
General Manager, Business Coordination
Headquarters
Director, Senior Executive Corporate Officer
Division Manager, Accounting Division
serving concurrently as General Manager,
Public Relations Office, Manager in charge of
Credit Management Division & Information
Systems Division, and Manager, Bill
Collection Center
Director, Corporate Officer, Division
Manager, Management Planning Division
Director, Corporate Officer
Division Manager, Construction Equipment
Rental Division serving concurrently as
Regional Manager, Construction Equipment
Rental Division Hokkaido Region andManager in charge of Steel Sales Division
Director, Corporate Officer
Deputy Division Manager, Construction
Equipment Rental Division serving
concurrently as Division Manager, Used
Equipment Sales Division
Director, Corporate Officer, Division
Manager, Administration Division serving
concurrently as General Manager, Secretary
OfficeAttribute of candidate

Reappointment
Reappointment

Reappointment

Reappointment

Reappointment

6

Masakazu Hirata

7

Hiroyuki Isono

8

Manabu Nagasaki

Director, Corporate Officer

Reappointment

9

Yuichi Asano

Director, Corporate Officer, Division
Manager, Credit Management Division

Reappointment

Director, Corporate Officer, Assistant toGeneral Manager, Business Coordination
Headquarters serving concurrently as
Division Manager, Overseas Business OfficeDirector, Corporate Officer
Assistant to General Manager, Business
Coordination Headquarters serving
concurrently as General Manager, Market
Development Office, and General Manager,
Information Products Division, and General
Manager, Event Marketing Division, andManager, New Products Office

Reappointment

Reappointment

10

Naoki Mukunashi

11

Kazunori Hashiguchi

12

Susumu Naito

Outside Director

Reappointment

OutsideIndependent

13

Masayuki Oikawa

Outside Director

Reappointment

OutsideIndependent

14

Motoki Yonekawa

Outside Director

Reappointment

OutsideIndependent－3－

Reappointment

Reappointment

Nominee
numberName(Date of birth)

Kanchu Kanamoto(November 29,
1946)[Reappointment]
1

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
April 1973
November 1981
January 1990
April 1996
June 1998
January 2001
November 2016

Joined Kanamoto Co., Ltd.
Promoted to Director
Promoted to Executive Director
Promoted to Executive Vice President
Promoted to President and CEO
Promoted to Corporate Officer
Promoted to Chairman of the Board andRepresentative Director (Present position)[Main concurrent positions at other entities]
Chairman of the Board, Shanghai Jinheyuan Engineering
Construction Co., Ltd.

Number ofshares ofKanamoto stock
owned

487,900 shares[The reason that the Company has proposed Kanchu Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of Chairman of the Board and Representative Director of the Company. He has
been engaged in corporate management as a director of the Company for 36 years since November
1981 and fulfilled his duties appropriately. Based on the above facts, the Company has judged him tobe suitable as a director of the Company and has continued to appoint him as a candidate for director.
January 1983
September 2000

Tetsuo Kanamoto(May 21, 1960)[Reappointment]
2

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Kanto Region
April 2001
Promoted to Corporate Officer
November 2002
Division Manager, Construction Equipment
Rental Division
January 2004
Promoted to Director
June 2005
Manager, Business Coordination Headquarters(Present position)
April 2012
Promoted to Senior Corporate Officer
November 2014
Promoted to Senior Vice President andCorporate Officer
November 2016
Promoted to President and CEO andCorporate Officer (Present position)[Main concurrent positions at other entities]
President and Representative Director, Toyo Industry Co., Ltd.
Chairman of the Board and Representative Director, Unite Co.,
Ltd.
Chairman of the Board and Representative Director, KG
Flowtechno Co., Ltd.
Chairman of the Board, KANAMOTO (HK) CO., LTD.
Representative Director, Kanamoto & JP Nelson Equipment (S)PTE. Ltd.

12,487 shares[The reason that the Company has proposed Tetsuo Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of President and CEO, and as well as the duties of the division manager of aBusiness Division. He has been engaged in corporate management as a director of the Company for
14 years since January 2004 and fulfilled his duties appropriately. Based on the above facts, theCompany has judged him to be suitable as a director of the Company and has continued to appoint
him as a candidate for director.
April 1998
June 1998

Nobuhito Utatsu(October 9, 1948)[Reappointment]
3

January 1999
January 2001
January 2003
January 2007
November 2008
April 2012
November 2014
November 2016

Joined Kanamoto Co., Ltd.
Acting Division Manager, Accounting Division
Division Manager, Accounting Division(Present position)
Promoted to Director
Promoted to Corporate Officer
Promoted to Director (Present position)
Manager in charge of Credit Management
Division & Information Systems Division(Present position)
Promoted to Manager, Bill Collection Center(Present position)
Promoted to Senior Corporate Officer
Promoted to Senior Executive Corporate
Officer (Present position)
General Manager, Public Relations Office(Present position)

8,300 shares[The reason that the Company has proposed Nobuhito Utatsu as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Accounting Division. He has been engaged incorporate management as a director of the Company for 15 years since January 2003 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as adirector of the Company and has continued to appoint him as a candidate for director.

－4－Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
November 1981
January 2000

Hitoshi Narita(July 10, 1957)[Reappointment]
4

Joined Kanamoto Co., Ltd.
Division Manager, Business Planning Division(Currently Management Planning Division)(Present position)
January 2001
Promoted to Corporate Officer (Present
position)January 2004
Promoted to Director (Present position)[Main concurrent positions at other entities]
President and Representative Director, Kanatech Co., Ltd.

Number ofshares ofKanamoto stock
owned

7,000 shares[The reason that the Company has proposed Hitoshi Narita as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Management Planning Division. He has been
engaged in corporate management as a director of the Company for 14 years since January 2004 andfulfilled his duties appropriately. Based on the above facts, the Company has judged him to besuitable as a director of the Company and has continued to appoint him as a candidate for director.
April 1994
April 2001
January 2003
April 2003

Tatsuo Kanamoto

April 2005

(February 2,
1962)[Reappointment]

January 2007
February 2012
February 2014
February 2016

5

April 2016
November 2016

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Kinki-Chubu Region
Promoted to Corporate Officer (Present
position)
Regional Manager, Construction Equipment
Rental Division Tohoku Region
Regional Manager, Construction Equipment
Rental Division Hokkaido Region (Present
position)
Promoted to Director (Present position)
Promoted to Deputy Division Manager,
Construction Equipment Rental Division
General Manager, Steel Sales Division
Manager in charge of Steel Sales Division(Present position)
Regional Manager, Construction Equipment
Rental Division Kanto & Koshinetsu Region
Division Manager, Construction Equipment
Rental Division (Present position)

90,000 shares[The reason that the Company has proposed Tatsuo Kanamoto as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Construction Equipment Rental Division and thegeneral manager of the Steel Sales Division. He has been engaged in corporate management as adirector of the Company for 11 years since January 2007 and fulfilled his duties appropriately. Basedon the above facts, the Company has judged him to be suitable as a director of the Company and has
continued to appoint him as a candidate for director.
January 1975
April 1997

Masakazu Hirata(March 20, 1950)

January 2001

[Reappointment]
6
July 2001
January 2006

Joined Kanamoto Co., Ltd.
Deputy Division Manager, Construction
Equipment Rental Division Hokkaido Region,
serving concurrently as Regional Coordination
Manager, Repair and Maintenance Hokkaido
RegionPromoted to Corporate Officer
Deputy Division Manager, Construction
Equipment Rental Division, serving
concurrently as Division Manager, Used
Equipment Sales Division (Present position)
Manager, Quality Assurance Office
Promoted to Director (Present position)

22,000 shares[The reason that the Company has proposed Masakazu Hirata as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Used Equipment Sales Division and the Repair andMaintenance divisions. He has been engaged in corporate management as a director of the Company
for 12 years since January 2006 and fulfilled his duties appropriately. Based on the above facts, theCompany has judged him to be suitable as a director of the Company and has continued to appoint
him as a candidate for director.

－5－Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
December 2005

Hiroyuki Isono(August 31, 1951)[Reappointment]
7

May 2006
November 2006
January 2007
November 2016

Joined Kanamoto Co., Ltd.
Division Manager, Administration Division(Present position)
Promoted to Corporate Officer (Present
position)
General Manager, Office of the President
Promoted to Director (Present position)
General Manager, Secretary Office (Present
position)

Number ofshares ofKanamoto stock
owned

24,900 shares[The reason that the Company has proposed Hiroyuki Isono as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Administration Division. He has been engaged incorporate management as a director of the Company for 11 years since January 2007 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as adirector of the Company and has continued to appoint him as a candidate for director.
September 1986
April 2005

Manabu Nagasaki(November 29,
1963)[Reappointment]
8

Joined Kanamoto Co., Ltd.
Regional Manager, Construction Equipment
Rental Division Tohoku Region
January 2006
Promoted to Corporate Officer (Present
position)January 2007
Promoted to Director (Present position)
May 2010
Regional Manager, Construction Equipment
Rental Division Kanto Region
November 2013
Regional Manager, Construction Equipment
Rental Division Kanto and Shinetsu Region
April 2016
Regional Manager, Construction Equipment
Rental Division Kyushu Region[Main concurrent positions at other companies]
Representative Director and President, NISHIKEN CO., LTD.

–

[The reason that the Company has proposed Manabu Nagasaki as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the manager responsible for the associated companies. He has been engaged
in corporate management as a director of the Company for 11 years since January 2007 and fulfilled
his duties appropriately. Based on the above facts, the Company has judged him to be suitable as adirector of the Company and has continued to appoint him as a candidate for director.
Yuichi Asano

September 2000
April 2003

(February 22,
1955)[Reappointment]
9

January 2009

Joined Kanamoto Co., Ltd.
Promoted to Corporate Officer (Present
position)
Division Manager, Credit Management
Division serving concurrently as General
Manager, Auditing Office and General
Manager, Legal Office (Present position)
Promoted to Director (Present position)

2,900 shares[The reason that the Company has proposed Yuichi Asano as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Credit Management Division. He has been
engaged in corporate management as a director of the Company for 9 years since January 2009 andfulfilled his duties appropriately. Based on the above facts, the Company has judged him to besuitable as a director of the Company and has continued to appoint him as a candidate for director.
April 2006

Naoki Mukunashi

November 2006

(September 8,
1956)[Reappointment]
10

January 2007
January 2009

Joined Kanamoto Co., Ltd.
General Manager, Business Coordination
Headquarters
Assistant to General Manager, Business
Coordination Headquarters serving
concurrently as Manager, Overseas Business
Office (now Division Manager, Overseas
Business Office) (Present position)
Promoted to Corporate Officer (Present
position)
Promoted to Director (Present position)[The reason that the Company has proposed Naoki Mukunashi as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the division manager of the Overseas Business Office. He has been engaged incorporate management as a director of the Company for 9 years since January 2009 and fulfilled his
duties appropriately. Based on the above facts, the Company has judged him to be suitable as adirector of the Company and has continued to appoint him as a candidate for director.

－6－–Nominee
numberName(Date of birth)

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
January 2012

April 2012

Kazunori Hashiguchi(March 28, 1960)[Reappointment]

November 201311
February 2016

Joined Kanamoto Co., Ltd. and appointed
Director (Present position)
Corporate Officer, assistant to General
Manager, Business Coordination Headquarters(Present position)
Division Manager, Information Products
Division serving concurrently as Division
Manager, Market Development Division (nowGeneral Manager, Market Development Office)(Present position)
General Manager, Construction Equipment
Rental Division Event Marketing Division
serving concurrently as Manager, New
Products Office (Present position)

Number ofshares ofKanamoto stock
owned

200 shares

General Manager, Information Products
Division (Present position)[The reason that the Company has proposed Kazunori Hashiguchi as a candidate for Director]
He has extensive experience and expertise regarding the business activities of the Company throughexecuting the duties of the assistant general manager of a Business Division and the division
manager of the Information Products Division and the Market Development Division. He has been
engaged in corporate management as a director of the Company for 6 years since January 2012 andfulfilled his duties appropriately. Based on the above facts, the Company has judged him to besuitable as a director of the Company and has continued to appoint him as a candidate for director.
April 1990
November 2011
May 2012

Susumu Naito
July 4, 1967
[Reappointment][Candidate for
Outside Director][Independent
Officer]
12

March 2013
January 2016
January 2017

Joined ORIX Corporation
General Manager of Electric Power Business
Department of ORIX Corporation
General Manager of Electric Power Business
Department of ORIX Corporation
Promoted to President of ORIX Electric Power
Corporation
General Manager of Sales Department I of
ORIX Corporation
Trustee, Deputy Head of Tokyo Sales
Headquarters, General Manager of Sales
Department I of ORIX Corporation
Trustee, Deputy Head of Eastern Japan Sales
Headquarters of ORIX Corporation (Present
position)
President and Representative Director of
ORIX Food Supply Corporation (Present
position)
Outside Director of Kanamoto Co., Ltd.
(Present position)[The reason that the Company has proposed Susumu Naito as a candidate for Outside Director]
Since he has successively held responsible positions in ORIX Corporation, and furthermore, hasgained experience of management of its subsidiary, he can use his extensive experience andknowledge cultivated to contribute to the management of the Company and provide appropriate
advice from a broad viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,”
set forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo
Securities Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of Susumu
Naito as an “independent officer” as provided by the rules etc. of both exchanges.

－7－–Nominee
numberName(Date of birth)

Masayuki Oikawa
May 9, 1967
[Reappointment][Candidate for
Outside Director][Independent

Employment history and position and duties at Kanamoto(Main concurrent positions at other entities)
July 1997
April 2006
March 2009
November 2012
January 2017

Officer]13

Number ofshares ofKanamoto stock
owned

Joined ORIX Corporation
Branch Manager of Kashiwa Branch Office of
ORIX Corporation
Branch Manager of Koriyama Branch Office of
ORIX Corporation
Branch Manager of Shizuoka Branch Office of
ORIX Corporation
Hokkaido Block General Manager, EasternJapan Sales Headquarters of ORIX
Corporation (Present position)
Outside Director of Kanamoto Co., Ltd.
(Present position)–[The reason that the Company has proposed Masayuki Oikawa as a candidate for Outside Director]
Although he has not participated in corporate management, as he has successively held responsible
positions in ORIX Corporation, he can use his extensive experience and knowledge cultivated tocontribute to the management of the Company and provide appropriate advice from a broad
viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,”
set forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo
Securities Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of
Masayuki Oikawa as an “independent officer” as provided by the rules etc. of both exchanges.
Motoki Yonekawa
December 22,
1946[Reappointment][Candidate for
Outside Director][Independent
Officer]

14

May 1985
April 1996
April 2007
September 2011
January 2016

Vice President of Sapporo Hokuyu Hospital
President of Sapporo Hokuyu Hospital of
Medical Corporation Hokuyukai
Chairperson of Specified Medical Corporation
Hokuyukai
Chairperson of Social Medical Corporation
Hokuyukai (Present position)
Outside Director of Kanamoto Co., Ltd.
(Present position)–[The reason that the Company has proposed Motoki Yonekawa as a candidate for Outside Director]
Although he has not participated in corporate management, he can use his experience and knowledge
as an executive at a medical institute, which is in an industry different to that in which the Company
operates, to contribute to the management of the Company and provide appropriate advice from a
broad viewpoint concerning the Company’s business activities.
[Matters concerning independency]
He has fulfilled the requirements of the “criteria for judging the independence of outside directors,”
set forth by the Company, and the Company has notified the Tokyo Stock Exchange and Sapporo
Securities Exchange, the exchanges on which Kanamoto’s shares are listed, of the position of Motoki
Yonekawa as an “independent officer” as provided by the rules etc. of both exchanges.

(Notes) 1. There are no special interests between the candidates for Director and the Company.
2. Susumu Naito and Masayuki Oikawa are candidates for Outside Director.
3. The terms of office of Motoki Yonekawa, Masayuki Oikawa, and Susumu Naito as Outside Director of the Company will havebeen two years, one year, and one year respectively at the conclusion of the Regular General Meeting of the Shareholders.
4. To enable its outside director to sufficiently demonstrate the role expected of them, the Company has set forth a provision in
its Articles of Incorporation that enables the Company to enter into a contract (Contract of Limitation of Liability) with each
Outside Director to the effect that, when circumstances correspond to the requirements provided in laws and regulations
concerning liability for damages under Article 423 paragraph (1) of the Companies Act, said liability for damages shall belimited to the total maximum liability for damages provided in laws and regulations, and at the present time the Company hasentered into a Contract for Limitation of Liability with each Outside Director. The Company plans to continue these contracts if
the reappointment of Susumu Naito, Masayuki Oikawa, and Motoki Yonekawa is approved.
5. The details of “criteria for judging the independence of outside directors” set forth by the Company are stated on Page 9.

－8－

[Criteria for Judging the Independence of Outside Directors]
The Company has established the following Criteria for Judging the Independence of Outside Directors:(1)

A person who is not a director involved in executing business operations, an executive officer, corporate
officer, manager, auditor, or other employee of the Company or a consolidated subsidiary, or has not been
executing business at the Company or a consolidated subsidiary within the previous ten years;(2)

A person who is not a business partner who has received payments from the Company or a consolidated
subsidiary or made payments to the Company or a consolidated subsidiary within the most recent threefiscal years equivalent to more than 2% of either of the party’s consolidated sales, or a person who is not
currently executing business at that company or has done so within the past three years;(3)

A person who is not a specialist, such as a consultant, accounting professional or legal profession (or if thespecialist is an institution, a person belonging to said institution) who received monetary or othercompensation, other than director compensation, equivalent to 10 million yen or more per year on average
from the Company within the last three fiscal years, or has received payments from the Company or any of
its consolidated subsidiaries equivalent to 2% or more of the office’s total sales;(4)

A person who is not a spouse or relative within the second degree of kinship of, a director, an executive
officer or corporate officer of the Company, or a consolidated subsidiary, or a person deemed to be
insufficiently independent based on the conditions stipulated in (2) or (3) above;(5)

A person who is not a major shareholder of the Company holding 10% or more of the current total voting
rights or a person executing the business of a major shareholder;(6)

A person who is not a director, corporate auditor, accounting advisor, executive officer, or corporate officer of
a company that accepts directors or auditors from the Company or a consolidated subsidiary, its parent
company, or subsidiary; or(7)

A certified public accountant (or certified tax accountant) or staff, partner, or employee of the auditing
corporation (or certified tax accounting firm) serving as the Company’s or a consolidated subsidiary’s
accounting auditor or accounting advisor, or a person who has been in charge of auditing operations for theCompany or a consolidated subsidiary within the past three years.

－9－Guidance on Methods for Exercise of Voting Rights
The right to vote at the general meeting of shareholders is an important right enabling all shareholders toparticipate in the Company’s management. Please refer to the information below and exercise your voting rightusing one of the three methods below.
Attending the General Meeting of the Shareholders
Please submit the Form for Exercising Voting Rights at the reception desk (it does not need to besealed).
Date and time of the Meeting: Thursday, January 25, 2018, 10:00 a.m.
Mailing the Form for Exercising Voting Rights
Please mail the Form for Exercising Voting Rights after indicating your approval or disapproval of
the resolution on the form.
Deadline: To be returned by Wednesday, January 24, 2018, 5:00 p.m.
Guidance on filling in the Form for Exercising Voting Rights
Please indicate your approval or disapproval of
the resolution here.
[Resolution]
If you approve all candidates, put a circle in“approval” box.
If you disapprove all candidates, put a circle in“disapproval” box.
If you disapprove of some candidates, put a circle in“approval” box, and write the candidates’ number ofwhom you disapprove in the parenthesis.
The login ID and temporary password
needed to exercise voting rights via theInternet are noted here.

* If attending the meeting on the scheduled date, exercising the voting right via mail or theInternet, etc. is unnecessary.
Exercise of voting rights using the Internet, etc.
Please access the voting rights exercise site (http://www.evote.jp/), and input your votes
separately to approve or reject each proposal.
Deadline: Wednesday, January 24, 2018, 5:00 p.m.
Please refer to the following pages for details.

－10－Instructions When Exercising of Voting Rights Using the Internet, etc.
Please exercise your voting rights using the Internet, etc. by accessing the exclusive site for exercise of voting
rights specified by the Company (hereafter, voting rights exercise site) and voting after confirming the instructions
below.
If you have any questions, please contact “Inquiries concerning system environment, etc.” (Help Desk), described
below.
If attending the meeting on the scheduled date, exercising the voting right via mail or the Internet, etc. is
unnecessary.
1. Voting rights exercise site
Voting rights exercise site: http://www.evote.jp/(1) Exercise of voting rights using the Internet, etc. can only be completed by accessing the exclusive site forexercise of voting rights from a personal computer or smartphone. (However, administration is halted
daily from 2:00 a.m. until 5:00 a.m.)(2)

Shareholders may be unable to use the voting rights exercise site depending on their Internet use
environment, including when using a firewall with an Internet connection, when using a computer onwhich anti-virus software has been installed and when using a proxy server.

(3)

Voting rights exercised by the Internet, etc. will be accepted until 5:00 p.m. on Wednesday, January 24,
2018 (Japan time). Shareholders are encouraged to exercise their votes promptly.

2. Procedure for exercise of voting rights using the Internet, etc.
(1)

Use the Login ID and temporary password recorded on the Form for Exercising Voting Rights to access thevoting rights exercise site, and follow the instructions on the screen to input your votes separately toapprove or reject each proposal.

(2)

To prevent unlawful (“disguised”) computer access by a person other than shareholders, and prevent thecontents of voting rights that have been exercised from being falsified, shareholders will be requested tochange the “temporary password” on the voting rights exercise site. Your understanding and cooperation
are appreciated.

(3)

Shareholders will be notified of their new Login ID and temporary password each time a General Meetingof the Shareholders is convened.

3. Administration when voting rights are exercised two or more times(1)

When a shareholder exercises voting rights by both mailing in the Form for Exercising Voting Rights andusing the Internet, etc., the Company will consider the voting rights exercised using the Internet, etc. tobe the effective voting rights.

(2)

When a shareholder exercises voting rights several times using the Internet, etc., the Company willconsider the most recently exercised voting rights to be the effective voting rights.

4. Charges incurred when accessing the voting rights exercise site
Shareholders are responsible for all communication charges (provider connect charges, communication fees,etc.) incurred when accessing the voting rights exercise site.
Please make inquiries to the help desk below with any questions.
< Inquiries concerning system environment, etc. >Mitsubishi UFJ Trust and Banking Corporation Transfer Agent Div. (Help Desk)
Telephone 0120-173-027 (Hours: 9:00-21:00, toll-free service in Japan only)
To institutional investors
The Company participates in electronic proxy voting platform for institutional investors operated by ICJ Inc.
－11－

Guide Map to the Venue for the 53rd Regular General Meeting of the Shareholders

JR Hakodate
Main Line
SapporoHokkaido
Prefectural
OfficeNishi 11 Chome

The ClockTower

The TV
Tower

Exit 1

Royton Sapporo

SapporoSubway Toho Line

Hokkaido
University
Botanic Gardens

Subway Nanboku Line

Nitori Culture Hall

Ishiyama Street

SapporoOdori Park
Subway Tozai Line

Main Street Main Street(Odori)(Odori)

Location:

11-1 Nishi, Kita 1-jo, Chuo-ku, Sapporo, Hokkaido, Japan
Royton Sapporo, 3rd Floor “Royton Hall”
Telephone (011) 271-2711 (Front Desk)<Nearest stations>
Subway Tozai Line West 11-chome Station Turn left after emerging from
Exit 1 at street level; the hotel is about 3 minutes on footJR Hokkaido Sapporo Station about 6 minutes by taxi<Your cooperation is requested>
We ask that attendees please use public transportation facilities
because parking will not be provided at the hotel. Your cooperation isappreciated.

1-19, Odori Higashi 3-chome, Chuo-ku, Sapporo, Hokkaido 060-0041, Japan－12－