Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

Securities code: 9037
May 29, 2018
To our shareholders:Hidenori Osuka
Representative Director and President
HAMAKYOREX CO., LTD.
1701-1 Terawaki-cho, Minami-ku, Hamamatsu-shi,
Shizuoka

Notice of the 47th Annual General Meeting of Shareholders
We would like to express our appreciation for your continued support and patronage.
You are cordially invited to attend the 47th Annual General Meeting of Shareholders of HAMAKYOREX CO.,LTD. (the “Company”), which will be held as indicated below.
If you are unable to attend the meeting in person, you can exercise your voting rights in writing or by the Internet,etc. Please review the attached Reference Documents for General Meeting of Shareholders, and exercise yourvoting rights in accordance with “Instructions for Exercise of Voting Rights” (Japanese Only) below.
1. Date and Time: Thursday, June 14, 2018, 10:30 a.m.
2. Venue:“Ootori” Hall, 2F, Grand Hotel Hamamatsu
1-3-1 Higashiiba, Naka-ku, Hamamatsu-shi, Shizuoka
3. Purpose of the Meeting
Matters to be reported:
1. The Business Report and the Consolidated Financial Statements for the 47th fiscal year (from April 1,2017 to March 31, 2018), and the results of audits of the Consolidated Financial Statements by theFinancial Auditor and the Audit & Supervisory Board
2. The Non-Consolidated Financial Statements for the 47th fiscal year (from April 1, 2017 to March 31,2018)
Matters to be resolved:
Proposal No. 1
Election of Ten (10) Directors
Proposal No. 2
Election of One (1) Audit & Supervisory Board Member
Proposal No. 3
Election of One (1) Substitute Audit & Supervisory Board Member
4. Matters Determined Relating to Convocation
Prior notice before exercising your vote right diversely
Shareholders are respectfully requested to notify the Company in writing of any diverse exercising of voting
rights and the reason therefore not later than three days before the general meeting of shareholders.

1. If attending in person, please submit the enclosed voting form at the meeting reception desk.
2. Of the documents attached to this Notice of the Annual General Meeting of Shareholders, the following
materials have been made available for viewing online on our website in accordance with the relevant laws andregulations, and the stipulations of the Company’s Articles of Incorporation.
(1) Company system and policy(2) Consolidated Statement of changes in Equity(3) Notes to Consolidated Financial Statements(4) Statement of changes in equity(5) Notes to Financial Statements
3. The Consolidated and Non-Consolidated Financial Statements prepared by Audit & Supervisory Board
Member and Financial Auditor include materials contained in attachments provided with this Notice of theAnnual General Meeting of Shareholders, and notes to Consolidated Financial Statements and notes toFinancial Statements published on the Company’s website.
-1-4. Note that if there are any modifications in the Reference Documents for General Meeting of Shareholders,Business Report, the Consolidated Financial Statements, or the Non-Consolidated Financial Statements, they
will be posted on our website (http://www.hamakyorex.co.jp/).
[Notice] Gathering of shareholders
A gathering of shareholders and Company officers will be held following the General Meeting of Shareholders at
the “Ootori” Hall on the second floor. Please take this opportunity to attend and provide any feedback or questions
to us.

-2-Reference Documents for General Meeting of Shareholders
Proposals and Reference Information
Proposal No. 1
Election of Ten (10) Directors
The terms of office of all ten Directors will expire at the conclusion of this annual general meeting of shareholders.
Therefore, the Company proposes the election of ten Directors.
The candidates for Director are as follows:
CandidateNo.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the CompanyFeb. 1971

1

Number of theCompany’s shares
owned

Representative Director and President of theCompany
June 1984
Representative Director and President of
Hamakyo Service K.K. (current position)
Apr. 2003
Director and Chairman of Superex Corporation(current position)
Masataka Osuka
July 2005
Chairman of Shizuoka Trucking Association
500,000 shares(March 3, 1941)(current position)
June 2007
Representative Director and Chairman of theCompany (current position)
June 2012
Deputy Chairman of Japan Trucking
Association (current position)
Nov. 2013
Chairman of The Hamamatsu Chamber ofCommerce and Industry (current position)(Reasons for nomination as a candidate for Director)
As the founder of the Company involved with its long-term management, Mr. Masataka Osuka has established asignificant level of experience and achievements. As the current Representative Director and Chairman, he provides
accurate advice on every facet of business operation based on experience. The Company proposes the election of him
based on his suitable fulfillment of his role as supervisor concerning the resolution of important matters, theadministration of business matters, and other such matters.

-3-CandidateNo.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Apr. 1992
Apr. 2001

2Number of theCompany’s shares
ownedJoined the Company
Deputy General Manager of Sales Department
1 of the Company
May 2003
General Manager of Chubu Sales Departmentof the Company
June 2003
Director and General Manager of Chubu Sales
Department of the Company
Apr. 2006
Director and General Manager of Head Office
Sales Department of the Company
Hidenori Osuka
June 2007
Director and Vice President of KINBUTSU
498,200 shares(July 17, 1967)
REX Co., Ltd.
June 2008
Director, Vice President, General Manager ofAdministration Division, and General Managerof Corporate Planning Office of the Company
June 2009
Director of Superex Corporation. (currentposition)
Jan. 2010
Representative Director and President of theCompany (current position)
Aug. 2010
Director and Chairman of KINBUTSU REX
Co., Ltd. (current position)(Reasons for nomination as a candidate for Director)
As manager of the Company, Mr. Hidenori Osuka possesses a broad range of experience and considerable insight into
the various divisions making up the Company. The Company proposes the election of him so that the Company may
benefit from his leadership as a member of management, and for his contributions to improving corporate value andbolstering the supervisory functions of the Board of Directors.

-4-CandidateNo.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Sept. 2001

3

Number of theCompany’s shares
ownedJoined the Company as Manager of AccountDepartment
May 2003
Deputy General Manager of Administration
Department of the Company
June 2005
Audit & Supervisory Board Member ofSuperex Corporation (current position)
June 2005
Audit & Supervisory Board Member of
KINBUTSU REX Co., Ltd.
June 2005
Executive Officer, General Manager ofAdministration Department, and General
Manager of Corporate Planning Office of theCompany
Apr. 2007
Executive Officer, General Manager ofAccounting Department, and General Managerof Corporate Planning Office of the Company
June 2007
Director, General Manager of Accounting
Department, and General Manager of Corporate
Planning Office of the Company
June 2008
Director, General Manager of Development
Hiroyasu Yamazaki
16,900 shares
Division, and General Manager of Internal(December 22, 1969)
Controls Office of the Company
Oct. 2009
Director, Executive Officer, General Managerof Development Division, and General
Manager of Internal Controls Office of theCompany
Apr. 2012Managing Director, Executive Officer, General
Manager of Administration Division, andGeneral Manager of Internal Controls Office ofthe Company
Sept. 2013
Managing Director, Executive Officer andGeneral Manager of Internal Controls Office ofthe Company
Aug. 2014
Senior Managing Director and Executive
Officer of the Company
June 2015
Director of KINBUTSU REX Co., Ltd.
Aug. 2015
Senior Managing Director of the Company
Apr. 2017
Senior Managing Director and General
Manager of Headquarters of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Hiroyasu Yamazaki so that the Company may benefit from his contributions
to improving corporate value based on his ample experience in the field of accounting and finance, and his experienceand achievements as General Manager of the Administration Department and General Manager of the Development
Division.

-5-CandidateNo.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Dec. 1999
Apr. 2010

4

5

Number of theCompany’s shares
ownedJoined the Company
Deputy General Manager of Kansai Sales
Department of the Company
Apr. 2011
General Manager of Kansai Sales Departmentof the Company
Apr. 2012
Executive Officer and General Manager ofKansai Sales Department of the Company
Apr. 2014
Executive Officer and Branch Manager ofKiichi Nasuda
Kansai Branch of the Company
2,400 shares(April 6, 1970)
Apr. 2016
Managing Executive Officer and BranchManager of Kansai Branch of the CompanyJune 2016
Director, Managing Executive Officer andBranch Manager of Kansai Branch of theCompany
Apr. 2017
Director, Managing Executive Officer, Deputy
General Manager of Headquarters, and BranchManager of Kansai Branch of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Kiichi Nasuda so that the Company may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.
July 1999
Joined the Company
Apr. 2010
Deputy General Manager of Chubu SalesDepartment 3 of the Company
Apr. 2011
General Manager of Chubu Sales Department 3of the Company
Apr. 2012
Executive Officer and Deputy General Managerof Sales Division of the Company
Apr. 2014
Executive Officer and Branch Manager ofYasuo Okutsu
Chubu Branch of the Company
800 shares(January 21, 1972)
Aug. 2014
Managing Executive Officer and BranchManager of Chubu Branch of the Company
June 2016
Director, Managing Executive Officer andBranch Manager of Chubu Branch of theCompany
Apr. 2017
Director, Managing Executive Officer, Deputy
General Manager of Headquarters and BranchManager of Chubu Branch of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Yasuo Okutsu so that the Company may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.

-6-Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Oct. 2003
Apr. 2008

678

Number of theCompany’s shares
ownedJoined the Company
Deputy General Manager of Kanto Sales
Department 3 of the Company
Apr. 2010
Executive Officer and General Manager ofKanto Sales Department 2 of the Company
Apr. 2012
Executive Officer and Deputy General Managerof Sales Division of the Company
Apr. 2014
Executive Officer and Branch Manager ofAkio Ariga
Kanto Branch of the Company
2,000 shares(June 8, 1964)
Aug. 2014
Managing Executive Officer and BranchManager of Kanto Branch of the Company
June 2015
Director, Managing Executive Officer andBranch Manager of Kanto Branch of theCompany
Apr. 2018
Director, Managing Executive Officer, incharge of sales of Headquarters and BranchManager of Kanto Branch of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Akio Ariga so that the Company may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.
Mar. 2004
Joined the Company
Apr. 2012Manager of Domestic Sales Development
Department, Development Division of theCompany
Apr. 2013
General Manager of Domestic Sales
Development Department of the Company
Tsuyoshi Yamaoka
June 2014
Executive Officer and General Manager of0 shares(April 12, 1976)
Development Headquarters of the Company[New election]
Apr. 2017
Executive Officer, General Manager ofDevelopment Division and Assistant toHeadquarters of the Company
Apr. 2018
Executive Officer, General Manager ofDevelopment Division and in charge of new
development at Headquarters of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Tsuyoshi Yamaoka so that the Company may benefit from his contributions
to improving corporate value based on his ample experience in substantially increasing new clients in the operations of
the logistics center (3PL) of the Company.
Apr. 1993
Managing Director of Superex Corporation.
June 1997
Senior Managing Director of the Company
Apr. 2001
Representative Director and President ofHiroshi Nakane
Superex Corporation. (current position)
97,100 shares(June 28, 1948)
June 2001
Director of the Company (current position)
June 2005
Director of KINBUTSU REX Co., Ltd. (currentposition)(Reasons for nomination as a candidate for Director)
Mr. Hiroshi Nakane has greatly contributed to the business performance of the Company since its founding, and is
involved in management as a Representative Director and President of a Group company. The Company proposes theelection of him so that the Company may benefit from his contributions to improving corporate value based on hisample experience and past achievements.

-7-Candidate
No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Apr. 1965

Number of theCompany’s shares
ownedJoined Suzuki Motor Co., Ltd. (currentlySuzuki Motor Corporation)
Apr. 2010
Chairman of Hamamatsu Foundation forInternational Communication and Exchange
Apr. 2010
Director of Tokoha Gakuen (currently
TOKOHA University Educational Foundation)
Isamu Miyagawa
300 shares(July 22, 1942)
Nov. 2010
Deputy Chairman of The Hamamatsu Chamberof Commerce and Industry
9Nov. 2013
Adviser of The Hamamatsu Chamber ofCommerce and Industry (current position)
June 2016
Outside Director of the Company (currentposition)(Reasons for appointment as candidate for outside Director)
The Company proposes the election of Mr. Isamu Miyagawa so that the Group may benefit from his contributions toimproving corporate value based on his sufficient knowledge of finance and accounting as a business administrator.
Apr. 1975
Joined the Hamamatsu Branch of The Shizuoka
Bank, Ltd.
June 2003
Executive Officer and General Manager of theHamamatsu Branch of The Shizuoka Bank, Ltd.
Yoshitaka Otsu
(December 11, 1952)
Apr. 2007
Senior Executive Officer and Head of Western0 shares
Area Business Unit of The Shizuoka Bank, Ltd.
[New election]
10July 2016
Outside Audit & Supervisory Board Member(Part-time) of SEIKO CORPORATION
Oct. 2016
Outside Audit & Supervisory Board Member(Part-time) of TOKAI DENPUN CO., LTD.
(Reasons for appointment as candidate for outside Director)
The Company proposes the election of Mr. Yoshitaka Otsu so that the Group may benefit from his contributions toimproving corporate value based on his ample experience, achievements and broad insight into business management.
(Notes) 1. There is no special interest between any of the above candidates and the Company.
2. Mr. Isamu Miyagawa and Mr. Yoshitaka Otsu are candidates for outside Director.
3. Mr. Isamu Miyagawa is currently an outside Director of the Company, and at the conclusion of this meeting, his tenure
as outside Director will have been two years.
4. Pursuant to the provisions of Article 427, paragraph 1 of the Companies Act, the Company has entered into anagreement with Mr. Isamu Miyagawa to limit his liability for damages under Article 423, paragraph 1 of the Companies
Act. The maximum amount of liability for damages under this agreement is the minimum liability amount stipulated inArticle 425 paragraph 1 of the Companies Act, and the Company plans to renew this agreement with him. If the electionof Mr. Yoshitaka Otsu is approved, the Company plans to enter into the same limited liability agreement with him.
5. The Company plans to submit notification to Tokyo Stock Exchange that Mr. Isamu Miyagawa and Mr. Yoshitaka Otsu
have been designated as independent officers as provided for by the aforementioned exchange.

-8-Proposal No. 2
Election of One (1) Audit & Supervisory Board MemberThe term of office of Audit & Supervisory Board Member Mr. Toshiaki Sugiyama will expire at the conclusion ofthis annual general meeting of shareholders. Therefore, the Company proposes the election of one Audit &Supervisory Board Member to strengthen and enhance the audit system.
In addition, the consent of the Audit & Supervisory Board has been obtained for this proposal.
The candidate for Audit & Supervisory Board Member is as follows.
Name(Date of birth)

Career summary, position and responsibility in the Company, andsignificant concurrent positions outside the Company
Apr. 1966
Nov. 1994

Number of theCompany’s shares
ownedJoined The Shizuoka Bank, Ltd.
General Manager of the Komatsu Branch of The
Shizuoka Bank, Ltd.
June 2001
Director & Senior Executive Officer of The
Toshiaki Sugiyama
Shizuoka Bank, Ltd.
100 shares(November 14, 1947)
June 2003
President of SHIZUGIN BUSINESS CREATE
June 2007
Director (part-time) of The Shizuoka Bank, Ltd.
June 2014
Audit & Supervisory Board Member of theCompany (current position)(Notes) 1. There is no special interest between the above candidate and the Company.
2. Mr. Toshiaki Sugiyama is a candidate for outside Audit & Supervisory Board Member.
3. The Company proposes the election of Mr. Toshiaki Sugiyama as outside Audit & Supervisory Board Member as it
determines that he is qualified based on his considerable expertise in finance and accounting as a business administrator,and expect him to continue monitoring the overall management and providing effective advice. At the conclusion of thismeeting, his tenure as outside Audit & Supervisory Board Member will have been four years.
4. Pursuant to the provisions of Article 427, paragraph 1 of the Companies Act, the Company has entered into agreementswith Mr. Toshiaki Sugiyama to limit his liability for damages under Article 423, paragraph 1 of the Companies Act. The
maximum amount of liability for damages under this agreement is the minimum liability amount stipulated in Article
425 paragraph 1 of the Companies Act. If his reelection is approved, the Company plans to renew the aforementioned
agreements with him.
5. The Company has submitted notification to the Tokyo Stock Exchange that he has been designated as an independent
officer as provided for by the aforementioned exchange. If his reelection is approved, the Company plans for his
appointment as an independent officer to continue.

-9-Proposal No. 3
Election of One (1) Substitute Audit & Supervisory Board Member
The Company proposes the election of one substitute Audit & Supervisory Board Member to be ready to fill avacant position should the number of Audit & Supervisory Board Members fall below the number required by lawsand regulations.
In addition, the consent of the Audit & Supervisory Board has been obtained for this proposal.
The candidate for substitute Audit & Supervisory Board Member is as follows.
Name(Date of birth)

Career summary, position and responsibility in the Company, andsignificant concurrent positions outside the Company
Apr. 1973
June 2005

Number of theCompany’s shares
ownedJoined The Shizuoka Bank, Ltd.
Director and Vice Chairman of The Shizuoka Bank,Ltd.
Mar. 2012
Representative Director and President of Hamanako
Masaharu Fujita
2,000 shares
Kanko Kaihatsu Co., Ltd. (current position)(November 10, 1949)
Oct. 2013
Advisor of SUZUKI MOTOR CORPORATION(current position)
Nov. 2013
Vice Chairman of The Hamamatsu Chamber ofCommerce and Industry (current position)(Notes) 1. There is no special interest between the above candidate and the Company.
2. Mr. Masaharu Fujita is a candidate for substitute for outside Audit & Supervisory Board Member.
3. Mr. Masaharu Fujita satisfies the requirements for outside Audit & Supervisory Board Member.
4. The Company proposes the election of Mr. Masaharu Fujita as substitute Audit & Supervisory Board Member because
we determine that he is qualified based on his ample experience, achievements and broad insight into business
management and his considerable expertise in finance and accounting.
5. If Mr. Masaharu Fujita assumes the office of Audit & Supervisory Board Member, pursuant to the provisions of Article
427, paragraph 1 of the Companies Act, the Company plans to enter into an agreement with him to limit his liability fordamages under Article 423, paragraph 1 of the Companies Act. The maximum amount of liability for damages under thisagreement is the minimum liability amount stipulated in Article 425 paragraph 1 of the Companies Act.

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