2018

Semiannual Report
For the six-month period ended September 30, 2017

TONAMI HOLDINGS CO., LTD.

Contents
1
4
6
		
7
8
10
11
11

A Message from the President
Unaudited Consolidated Balance Sheets
Unaudited Consolidated Statements of Income andConsolidated Statements of Comprehensive Income
Unaudited Consolidated Statements of Cash Flows
Notes to the Unaudited Consolidated Financial Statements
Consolidated Subsidiaries
Board of Directors and Corporate Auditors
Corporate Data

Forward-Looking Statements
This report includes forward-looking statements that represent Tonami Group’s assumptions and expectations in light of currently available information.
These statements reflect industry trends, clients’ situations and other factors, and involve risks and uncertainties which may cause actual performance
results to differ from those discussed in the forward-looking statements in accordance with changes in the business environment.

To Our Shareholders and Investors
I welcome this opportunity to report to our

Medium-Term Business Plan covering the period fromshareholders and investors on the Group’s operating

April 1, 2015 to March 31, 2018, the Group is also

environment and business results for the six-monthworking to implement “work style reforms,” in orderperiod ended September 30, 2017.

to become a “company worth working for,” where

In the logistics industry, there is a pressing need to

employees who hold the Group’s future in their hands

resolve issues arising from changes in the businesscan fully demonstrate their potential.

environment, such as rising costs brought about by theBased on various combinations of “transportation

persistent lack of labor. With this, the Group expects

modes,” as well as the development of “*1AI andthat the role of logistics will grow to be even more

*2IoT,” the Group is working on increasing

significant going forward, for the sake of bothproductivity and cost improvements throughcorporate and social development.

strengthening cost control and reducing labor time as

In addition to aiming for sustainable growth throughresponses to logistics needs, alongside the further

achieving the targets of the final year of the Three-year

enhancement of our sales capabilities that provides

Unaudited Consolidated Financial Highlights
TONAMI HOLDINGS CO., LTD. AND CONSOLIDATED SUBSIDIARIESSix months
ended
September 30,
2017

Six months
ended
September 30,
2016

Thousands of
U.S. dollars(Note 1)
Six months
ended
September 30,
2017¥ 63,97859,352
1,286
2,540
798
2,660
1,835
2,586

¥60,679
56,240
1,355
2,440
642
2,439
2,020
2,230

$567,537
526,500
11,413
22,537
7,086
23,605
16,28022,941¥202.37—
4.00¥ 222.77
—
3.50

$

September 30,
2017

March 31,2017

September 30,
2017¥127,352
63,368¥126,769
61,152$1,129,714
562,128

Millions of yen

For the period:
Operating revenues .........................................................................
Logistics ......................................................................................
Information processing ...............................................................
Sales ...........................................................................................
Others ........................................................................................
Operating income ...........................................................................
Net income attributable to owners of the parent ..............................
Total comprehensive income ...........................................................
Per share (yen and U.S. dollars) (Note 2,4)
Net income, basic ...........................................................................
Net income, diluted (Note 3)...........................................................
Cash dividends ...............................................................................
At period-end:
Total assets ......................................................................................
Total net assets ................................................................................
Notes:

1.7952—0.0355

1. These financial statements are in principle presented in Japanese yen, and U.S. dollar amounts presented herein are included solely for the convenience of readers outside Japan.
The rate of ¥112.73 = U.S.$1, prevailing on September 29, 2017, has been used for the translation into U.S. dollar amounts. Such translation should not be construed as
representations that the Japanese yen amount can be or have been converted into U.S. dollars at that rate.
2. The computation of net income per share of common stock is based on the weighted average number of shares outstanding (which represents the number of issued shares lesstreasury stock) during each period.
3. Diluted net income per share is not presented for the six months ended September 30, 2017 and 2016, since there were no potentially dilutive securities.
4. The Company conducted a 1-for-10 reverse stock split of its common shares effective October 1, 2017. Accordingly, the net income per share was calculated under the assumptionthat said reverse stock split had been conducted at the beginning of the previous fiscal year.

1new “strategies” and “value” as a logistics partner toAt the beginning of the fiscal year, the Group changed

our customers.

its core operation system to an open system to

As announced at the beginning of the fiscal year, thestrengthen its business foundation. Through this, theinterim ordinary dividend shall be ¥4.00 per share.

Group aims to create new “value” through vitalizing

The Group is planning to pay out a year-end ordinary“co-creation” with customers and partners, and will

dividend of ¥40.00 per share, taking into

further aim to increase its corporate value throughconsideration the effects of the recent reverse stockenhancing the Group’s “earning power,” “growth

split.

power,” and the “power to sustain these two powers.”

Going forward, through providing logistics services

In all our endeavors, we will be grateful for yourbased on “safety, security, and stability,” the Group

continued support and guidance.

plans to respond to increasing and diversifying(Notes)logistics needs, so as to become an acclaimed solution
provider in the eyes of customers and stakeholders,*1. Artificial intelligence*2. A new business model enabled by the Internet
connectivity of various devices, appliances and otheritems.

and to contribute to societal development andDecember 2017sustainable corporate growth.

Katsusuke Watanuki
President and Representative Director

2Overview of Operations

Results by Segment

In the logistics industry, although domestic freighttransportation volume was on an increasing trend
against a background of an increase in domestic
demand, there was a notable change in the businessenvironment, as evidenced by the further progress on
initiatives in work style reforms, due to the lack oflabor for positions including drivers and on-site
workers, and other factors.
The Group aims to increase customer satisfaction andfurther enhance operational efficiency through theprovision of quality logistics services, and is therefore
pursuing “a comfortable working environment andwork style reforms,” such as through “increasing
profitability per person and per unit of time,”“building a safe, secure and stable workplaceenvironment,” and measures to sustain the employees,
which include “promoting recruiting activities” and“implementing a mentoring system,” taking into
consideration the aging population and decreasing
labor force.
Amid such circumstances, in the road haulage businessand the freight forwarding business, we strove tosecure stable profits by appropriately collecting
transport and other fees, as well as expanding sales to
new customers and deepening relationships withexisting customers. Alongside this, amid the mounting
trend toward outsourcing and synergizing of logistics
operations among shipping companies, we strove toexpand our businesses, including third-party logistics(3PL), as an area of focus.
As a result, the Group’s operating revenues amounted
to ¥63,978 million, an increase of 5.4% from theprevious year.
With regard to profits, owing to initiatives such as thethorough management of profits and theimprovement of productivity of existing businesses,
both through the increase in revenue and cost control,
operating income increased 9.1% to ¥2,660 million.
Net income attributable to owners of the parent
decreased 9.1% to ¥1,835 million, due mainly to theeffects of tax accounting.

Operating revenues from the logistics-related businessamounted to ¥59,352 million, an increase of 5.5%
from the previous year due to the continued moderate
recovery of transportation demand, as well as thedevelopment of the 3PL business. Segment income
was ¥2,414 million, an increase of 8.4% owing toincreased revenues, improved transportation efficiency
and the upgraded operation of distribution centers.
Operating revenues from the information processing
business were ¥1,286 million, a decrease of 5.1%.
Segment income was ¥122 million, an increase of
2.2%.
Operating revenues from the sales business, which
includes merchandising, consignment sales, and anon-life insurance agency, amounted to ¥2,540
million, an increase of 4.1%. Segment income was¥72 million, an increase of 73.7%.
Operating revenues from other businesses, which
includes automobile repair service, amounted to ¥798
million, an increase of 24.4%. Segment income was¥59 million, a decrease of 39.1%.

3

Unaudited Consolidated Balance Sheets

TONAMI HOLDINGS CO., LTD. AND CONSOLIDATED SUBSIDIARIES
September 30, 2017 and March 31, 2017

Millions of yen
September 30,
March 31,
2017
2017

Thousands of
U.S. dollars(Note 1)
September 30,
2017¥14,930¥ 15,592$132,447

Notes and accounts .........................................................................

21,063

20,908186,851

Less: allowance for doubtful accounts .............................................

(27)

(27)

(244)

ASSETS
Current assets:
Cash and time deposits .........................................................................
Trade receivables:

Inventories (Note 2) .............................................................................

676

571

5,998

Deferred tax assets ................................................................................

684

774

6,073

Income taxes receivable.........................................................................

355

240

3,152

Other current assets ..............................................................................

2,586

2,291

22,948

Total current assets .................................................................

40,26940,352357,225

Land ....................................................................................................

41,00340,713363,731

Buildings and structures .......................................................................

19,946

20,352

176,936

Property and equipment:

Machinery and vehicles ........................................................................

2,541

2,493

22,542Other ...................................................................................................

7,682

7,905

68,149Total property and equipment ...............................................

71,172

71,465

631,358

9,907

8,879

87,891

Investments and other assets:
Investments in securities .......................................................................
Goodwill ..............................................................................................

809

875

7,183

Other ...................................................................................................

5,192

5,196

46,058

Total investments and other assets ..........................................

15,90914,951

141,132

Total assets .............................................................................

¥127,352¥126,769$1,129,714

The accompanying Notes are an integral part of these statements.

4

LIABILITIESCurrent liabilities:
Short-term bank loans ..........................................................................
Current portion of long-term debt .......................................................
Trade notes and accounts payable ........................................................
Income taxes payable ............................................................................
Other current liabilities ........................................................................
Total current liabilities ...........................................................
Long-term liabilities:
Long-term debt, less current portion thereof ........................................
Deferred tax liability .............................................................................
Deferred tax liabilities from revaluation reserve for land .......................
Retirement benefits for directors and corporate auditors ......................
Net defined benefit liability ..................................................................
Other long-term liabilities ....................................................................
Total long-term liabilities .......................................................
Total liabilities .......................................................................

Millions of yen
September 30,
March 31,
2017
2017

Thousands of
U.S. dollars(Note 1)
September 30,
2017¥9,710684
11,4481,304
9,708
32,856¥9,690701
12,531
1,362
9,923
34,209$86,135
6,071
101,561
11,575
86,125
291,466

11,274
2,041
3,776
138
7,073
6,822
31,126
63,983

11,562
1,620
3,776
153
7,109
7,184
31,40765,617100,015
18,10633,5001,231
62,74960,519276,120
567,586

NET ASSETS
Shareholders’ equity:
Common stock:
Authorized: 299,200,000 shares at September 30, 2017299,200,000 shares at March 31, 2016
Issued: 97,610,118 shares at September 30, 201797,610,118 shares at March 31, 2016 .................................
Capital surplus .....................................................................................
Retained earnings .................................................................................
Treasury stock: 6,930,358 shares at September 30, 2017 and
6,915,550 shares at March 31, 2016 ............................
Total shareholders’ equity .......................................................

14,182
11,69929,782

14,182
11,69928,310125,811
103,781
264,196(2,042)53,622(2,037)52,154(18,114)475,673

Accumulated other comprehensive income:Unrealized gain on securities ................................................................
Revaluation reserve for land .................................................................
Remeasurements of defined benefit plans .............................................
Total accumulated other comprehensive income ....................

3,063
6,378
270
9,712

2,355
6,378
231
8,965

27,17956,581
2,397
86,157

Minority interests:
Minority interests ................................................................................
Total net assets .......................................................................
Total liabilities and net assets .................................................

33
63,368¥ 127,352

32
61,152¥ 126,769

298
562,128$ 1,129,714

5

Unaudited Consolidated Statements of Income andConsolidated Statements of Comprehensive Income
TONAMI HOLDINGS CO., LTD. AND CONSOLIDATED SUBSIDIARIESFor the six months ended September 30, 2017 and 2016

2016

Thousands of
U.S. dollars(Note 1)
2017

¥63,978
63,978¥60,679
60,679$567,537
567,537

57,851
3,465
61,3172,660

55,193
3,046
58,2402,439

513,188
30,744543,932
23,605

206
67
41
(114)
101
302
2,963

174
47
37
(120)
84
221
2,661

1,832
598
371
(1,013)896
2,684
26,289

1,035
88
1,124
1,839
3
¥1,835
3
1,839

912
(275)
637
2,024
3
¥2,020
3
2,024

9,190
785
9,975
16,31434$16,280
34
16,314

706
38

148
58

6,267
345

1
747
2,586

(0)
206
2,230

16
6,628
22,941

2,582
3

2,226
3

22,90834

Millions of yen
2017

Operating revenues:
Operating revenues ..............................................................................
Operating costs and selling, general and administrative expenses:
Operating cost ......................................................................................
Selling, general and administrative expenses .........................................
Operating income
Other income and expenses:
Interest and dividend income ...............................................................
Equity in earnings of affiliates ..............................................................
Gain on disposal/sales of property and equipment, net .........................
Interest expenses ...................................................................................
Other, net ...........................................................................................
Income before income taxes ....................................................................
Income taxes:
Current ................................................................................................
Deferred ...............................................................................................
Net income ...............................................................................................
Net income attributable to non-controlling interests .............................
Net income attributable to owners of the parent ....................................
Net income attributable to non-controlling interests .............................
Net income ...............................................................................................
Other comprehensive income
Valuation difference on other securities ................................................
Remeasurements of defined benefit plans .............................................
Share of other comprehensive income of associates accounted
for using equity method ....................................................................
Total other comprehensive income ......................................................
Total comprehensive income ...................................................................
Total comprehensive income attributable to:
Owners of the parent ......................................................................
Non-controlling interests ................................................................
The accompanying Notes are an integral part of these statements.

6

Unaudited Consolidated Statements of Cash FlowsTONAMI HOLDINGS CO., LTD. AND CONSOLIDATED SUBSIDIARIESFor the six months ended September 30, 2017 and 2016

2016

Thousands of
U.S. dollars(Note 1)2017

¥2,963
2,472
(41)
3
32
0
100
(67)
(16)
14
(14)
22
(206)
114
(149)
(104)
(698)
(17)
298
4,706
206
(114)
(1,211)3,587¥2,661
2,368
(37)
0
0
—
4
(47)
(70)
96
(2)
41
(174)
120
1,335
(106)
(205)
(184)
375
6,176
174
(119)
(1,238)4,993$26,289
21,936
(371)
32
290
5
889
(598)
(144)
127
(129)
203
(1,832)
1,013(1,326)(928)(6,200)(155)
2,645
41,7481,832(1,012)(10,747)
31,821

Cash flows from investing activities:
Purchase of time deposits ...................................................................................
Proceeds from redemption of time deposits ........................................................
Purchase of property and equipment ..................................................................
Proceeds from sales of property and equipment ..................................................
Purchase of investments in securities ...................................................................
Proceeds from sales of investments in securities....................................................
Payment for purchase of investments in consolidated subsidiaries .......................
Investments in loans receivable ............................................................................
Proceeds from collection of loans receivable ........................................................
Other, net ...........................................................................................................
Net cash used in investing activities ...........................................................

(16)
22(1,782)
100
(11)
15
(198)
(299)
239
(23)
(1,953)(16)
22(1,342)
91
(46)
0
(257)
(263)
246
(19)
(1,586)(142)
195(15,810)
895
(103)
139
(1,760)(2,658)2,125(211)(17,331)

Cash flows from financing activities:
Net decrease in short-term loans .........................................................................
Proceeds from long-term debt .............................................................................
Repayment of long-term debt .............................................................................
Repayments of lease obligations ..........................................................................
Purchase of treasury stock ...................................................................................
Dividends paid ...................................................................................................
Dividends paid to non-controlling interests ........................................................
Net cash used in financing activities ...........................................................

7
50
(427)
(1,549)
(4)
(362)
(2)
(2,289)

(750)
3,500
(2,343)(1,501)
(0)
(317)
(2)
(1,415)62444(3,790)(13,744)(37)(3,219)(25)(20,309)

Net increase (decrease) in cash and cash equivalents .............................................
Cash and cash equivalents at beginning of period .................................................
Cash and cash equivalents at end of period (Note 3) ............................................

(655)
15,571¥14,915

1,990
13,359¥15,350(5,819)138,133$132,314

Cash flows from operating activities:
Income before income taxes ................................................................................
Depreciation and amortization ...........................................................................
Gain on disposal/sales of property and equipment, net........................................
Loss on sales of investments in securities..............................................................
Loss on devaluation of investments in securities ..................................................
Loss on devaluation of golf club memberships.....................................................
Amortization of goodwill ....................................................................................
Equity in earnings of unconsolidated subsidiaries and affiliates ...........................
Decrease in allowance for doubtful accounts .......................................................
Increase (decrease) in net defined benefit liability ...................................................
Decrease in directors’ and corporate auditors’ retirement benefits .......................
Increase in accrued bonuses to employees ...........................................................
Interest and dividend income .............................................................................
Interest expenses .................................................................................................
Decrease in trade receivables ...............................................................................
Increase in inventories ........................................................................................
Decrease in accounts payable ..............................................................................
(Decrease) increase in accrued consumption taxes ...............................................
Other, net ...........................................................................................................
Subtotal ........................................................................................................
Interest and dividends received ...........................................................................
Interest paid ........................................................................................................
Income taxes paid ...............................................................................................
Net cash provided by operating activities ...................................................

The accompanying Notes are an integral part of these statements.

7

Millions of yen
2017Notes to the Unaudited Consolidated Financial Statements
TONAMI HOLDINGS CO., LTD. AND CONSOLIDATED SUBSIDIARIES

1.

Basis of presenting financial statements

2.

Inventories

3.

Cash flow statements

The accompanying consolidated financial statements have been prepared based on the accounts maintained by Tonami Holdings Co., Ltd. (the“Company”) and consolidated subsidiaries in accordance with accounting principles generally accepted in Japan, which differ in certain respects as
to the application and disclosure requirements of International Financial Reporting Standards.
In preparing these consolidated financial statements, certain reclassifications and rearrangements have been made to the Company’s
consolidated financial statements issued domestically in order to present them in a format which is more familiar to readers outside Japan.
The consolidated financial statements are stated in Japanese yen, the currency of the country in which the Company is incorporated andoperates. The translations of Japanese yen amounts into U.S. dollar amounts are included solely for the convenience of readers outside Japan andhave been made at the rate of ¥112.73 to U.S.$1, the approximate rate of exchange at September 29, 2017. Such translations should not be
construed as representations that the Japanese yen amounts could be converted into U.S. dollars at that or any other rate.

Inventories as of September 30, 2017 consisted of merchandise of ¥242 million ($2,150 thousand), work in process of ¥90 million ($807
thousand), and raw materials and supplies of ¥342 million ($3,041 thousand).

Reconciliation of cash and time deposits shown in the consolidated balance sheets, and cash and cash equivalents shown in the consolidated
statements of cash flows as at September 30, 2017 and 2016 are as follows:

Cash and time deposits ....................................................................................................
Time deposits with maturities exceeding three months ....................................................
Cash and cash equivalents ...............................................................................................

4.

Millions of yen
September 30,
September 30,
2017
2016
¥14,930¥15,366(15)(16)¥14,915¥15,350

Thousands of
U.S. dollars
September 30,
2017$132,447(133)$132,314

Amounts per share
Net income per share
Yen

Basic ................................................................................................................................
Diluted ............................................................................................................................
Cash dividends ................................................................................................................

Six months
ended
September 30,
2017¥202.37—
4.00

Six months
ended
September 30,
2016¥222.77—
3.50

U.S. dollars
Six months
ended
September 30,
2017$1.7952
0.0355

Basis for the calculation of net income per share for the six months ended September 30, 2017 and 2016 was as follows:—

Net income per share:
Net income ...............................................................................................................
Net income not available to shareholders of common stock ......................................
Net income available to shareholders of common stock .............................................
Weighted-average number of shares of common stock outstanding (shares) ..............

Millions of yen
Six months
Six months
ended
ended
September 30,
September 30,
2017
2016
¥1,835—
1,835
9,068,516¥2,020—2,020
9,069,590

Thousands of
U.S. dollars
Six months
ended
September 30,
2017$16,280—
16,280

Diluted net income per share is not presented for the six months ended September 30, 2017 and 2016 since there were no outstanding
potentially dilutive securities.
(Note)
The Company conducted a 1-for-10 reverse stock split of its common shares effective October 1, 2017. Accordingly, the net income per share wascalculated under the assumption that said reverse stock split had been conducted at the beginning of the previous fiscal year.

85.

Subsequent events

At a meeting held on November 10, 2017, the board of directors of the Company resolved the following interim cash dividends:
Cash dividends (¥4.0 per share) ......................................................................................

6.

Thousands of
U.S. dollars$3,218Millions of yen¥362

Segment information

Information on operating revenues and income/loss by reportable segment(a) For the six months ended September 30, 2016
Millions of yen

Operating revenues:
1. Revenues from outside customers .....................................
2. Intersegment revenues or transfers ....................................
Total ...............................................................................
Segment income ..........................................................................

Logistics

Reportable segment
Information
processing
Sales¥56,240
956,250¥2,227¥1,355
220
1,576
¥119

¥2,440
1,726
4,167
¥41

Total
¥60,037
1,956
61,993¥2,389

Others
*1
¥642
75
718
¥97

Total
¥60,679
2,032
62,711¥2,486

Adjustment Consolidated
*2
*3
¥ —
(2,032)(2,032)¥(47)¥60,679—
60,679¥2,439(b) For the six months ended September 30, 2017
Millions of yen

Operating revenues:
1. Revenues from outside customers .....................................
2. Intersegment revenues or transfers ....................................
Total ...............................................................................
Segment income ..........................................................................

Logistics

Reportable segment
Information
processing
Sales¥59,352
959,361¥2,414¥1,286
119
1,406
¥122

¥2,540
1,941
4,482
¥72

Total
¥63,179
2,070
65,250¥2,609

Others
*1
¥798
121
920
¥59

Total
¥63,978
2,192
66,170¥2,668

Adjustment Consolidated
*2
*3
¥—
(2,192)(2,192)¥(7)¥63,978—
63,978¥2,660

Thousands of U.S. dollars

Operating revenues:
1. Revenues from outside customers .....................................
2. Intersegment revenues or transfers ....................................
Total ...............................................................................
Segment income ..........................................................................

Logistics

Reportable segment
Information
processing
Sales$526,50081
526,581$21,414$11,413
1,063
12,476$1,086$22,537
17,22339,760
$643

Total

Others*1

Total$560,450
18,366
578,817$23,144$7,086
1,081
8,167
$524

$567,537
19,447586,984$23,668

Adjustment Consolidated
*2
*3
$—
(19,447)(19,447)$(63)$567,537—
567,537$23,605*1 “Others” corresponds to operating segments that are not included in the reported operating segments and includes automobile repair service
and other operations.
*2 Adjustments are as follows
Adjustments of segment income
For the six months ended September 30, 2017 and 2016, adjustments of segment income amounted to ¥(7) million ($(63) thousand) and¥(47) million, respectively. Adjustments include intersegment eliminations and corporate expenses not allocated to any reportable segments.
For the six months ended September 30, 2017 and 2016, the above-mentioned intersegment eliminations amounted to ¥404 million($3,590 thousand) and ¥379 million, respectively, and corporate expenses not allocated to any reportable segments amounted to ¥(411)million ($(3,653) thousand) and ¥(426) million, respectively. Corporate expenses are mainly expenses of the Company’s operations that do
not belong to any reportable segments.
*3 Segment income is adjusted to operating income in the consolidated financial statements.

9Consolidated Subsidiaries

Logistics
Company NameBusiness Line

Tonami Transportation Co., Ltd.

Road haulage

Tonami Transportation Shinetsu Co., Ltd.

Road haulage

Tonami Transportation Chugoku Co., Ltd.

Road haulage

Kanto Tonami Transportation Co., Ltd.

Road haulage

Hokuriku Tonami Transportation Co., Ltd.

Road haulage

Tonami Shutoken Logistics Co., Ltd.

Road haulage

Tonami Kinki Logistics Co., Ltd.

Road haulage

Ishikawa Tonami Transportation Co., Ltd.

Road haulage

Tonami Daiichi Warehouse Logistics Co., Ltd.

Road haulage / Warehousing

Fukui Tonami Transportation Co., Ltd.

Road haulage

Niigata Tonami Transportation Co., Ltd.

Road haulage

Anan Transportation Co., Ltd.

Road haulage

Tonami Global Logistics Co., Ltd.

Harbor transport service

Keishin Warehouse Co., Ltd.

Warehousing

Kitakanto Tonami Transportation Co., Ltd.

Road haulage

Take One Co., Ltd.

Road haulage

Information Processing and Others
Company NameBusiness Line

Tonami Trading Co., Ltd.

Trading Company

Toyo Gomu Hokuriku Hanbai Co., Ltd.

Sale of tires

KSR Co., Ltd.

Development and sale of software

Chuo Reizo Co., Ltd.

Other

Tonami Automobile Technology Research Institute Co., Ltd.

Automobile technology R&D

Tonami Business Service Co., Ltd.

Financial service

10Board of Directors and Corporate
Auditors

Corporate Data

President and Representative Director

Head Office

Katsusuke Watanuki

2-12, Showa-machi 3-chome, Takaoka,
Toyama Prefecture 933-8788, Japan
Phone: +81-766-32-1073
Fax: +81-766-32-1077

Senior Managing Directors
Kazuo Takata
Shinichi Izumi

Tokyo Office8-4, Nihonbashihoridome-cho 2-chome, Chuo-ku,
Tokyo 103-0012, Japan
Phone: +81-3-3664-5403
Fax: +81-3-3664-5405

Directors
Yasuo Terabayashi
Toyonobu Terahai
Yasuhiro Saegusa
Mitsuharu Wadachi
Shinichiro Inushima
Ichiro Tanaka

Date of Establishment
June 1943

Common Stock¥14,182 million

Standing Corporate Auditors

Issued and Outstanding Shares

Mitsuo Matsuda
Masafumi Takebe

97,610,118 shares(As of September 30, 2017)

Corporate Auditors
Yohji Ishiguro
Toshio Kaido(As of September 30, 2017)11

TONAMI HOLDINGS CO., LTD.
URL:http://www.tonamiholdings.co.jp/