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. SHINKO ELECTRIC
INDUSTRIES CO., LTD. assumes no responsibility for this translation or for direct, indirect or any other forms of damages
arising from the translations.

To our shareholders:

Securities Code: 6967
June 5, 2024
(Start Date of Measures for Electronic Provision: May 31, 2024)
Susumu Kurashima
Representative Director of Board, President
SHINKO ELECTRIC INDUSTRIES CO., LTD.
80 Oshimada-machi, Nagano-shi, Nagano, Japan

Notice of the 89th Ordinary General Meeting of Shareholders
This notice is to inform you of the 89th Ordinary General Meeting of Shareholders of SHINKO ELECTRIC
INDUSTRIES CO., LTD. (the “Company”), to be held as described below.
If you do not attend on the day, you may exercise your voting rights via the internet or in writing. Please review theReference Documents for General Meeting of Shareholders, which are provided on the following pages, and exercise
your voting rights by no later than Tuesday, June 25, 2024 at 5:15 p.m. (JST).
Regarding this General Meeting of Shareholders, we have sent to all shareholders the documents to be delivered toshareholders who have requested delivery of documents based on the provisions of laws and regulations and the
Articles of Incorporation.
1 Date and Time: Wednesday, June 26, 2024, at 10:00 a.m. (JST)2 Venue:
Kurita Sogo Center of the Company
711 Kurita, Nagano-shi, Nagano, Japan
3 Purposes of the Meeting:
Matters to be reported:
1. Business Report, Consolidated Financial Statements for the 89th Term (from April 1, 2023 to March 31,2024), and audit results of the Consolidated Financial Statements by the Accounting Auditor and the Audit
and Supervisory Committee.
2. Non-consolidated Financial Statements for the 89th Term (from April 1, 2023 to March 31, 2024)
Matters to be resolved:
Proposal No. 1:
Election of Five Directors (excluding Directors who are Audit and Supervisory
Committee Members)
Proposal No. 2:
Election of Three Directors who are Audit and Supervisory Committee Members
4 Matters Related to the Exercise of Voting Rights(1) Please be advised that if you exercise your voting rights both via the internet and in writing, the content of
the vote you made via the internet shall be handled as the valid vote.
(2) If you exercise your voting rights via the internet multiple times, the content of the final vote that you madeshall be the valid vote. In addition, if you exercise your voting rights multiple times using a personal
computer or smartphone, the content of the final vote that you made shall be the valid vote.

-1-

5 Matters Regarding Measures for Electronic Provision
The Company has taken measures for electronic provision of materials for the General Meeting of Shareholders,following the provisions of laws and regulations and Article 17 of the Company’s Articles of Incorporation.
Matters regarding measures for electronic provision are as detailed below.
Company website:
https://www.shinko.co.jp/ir/meeting/ (in Japanese only)
Tokyo Stock Exchange, Inc. website (Listed Company Search):
Please access the following URL, enter “SHINKO ELECTRIC INDUSTRIES” in “Issue name (company
name)” or “6967” in “Code” and click “Search,” then, “Basic information,” and select “Documents for public
inspection/PR information,” “Notice of General Shareholders Meeting /Informational Materials for a General
Shareholders Meeting.”
https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese only)-

Pursuant to provisions of laws and regulations and Article 17 of the Articles of Incorporation, the following items have been posted
online on each of the above websites (in Japanese only).
(i) Status of Accounting Auditor, and Systems for Ensuring Proper Business Activities and Operation Status of Such Systems of
the Business Report(ii) Consolidated Statements of Changes in Equity and Notes to Consolidated Financial Statements(iii) Statements of Changes in Equity and Notes to Non-consolidated Financial Statements
These items are included in the Business Report, Consolidated Financial Statements, and Non-consolidated Financial Statements
audited by the Audit and Supervisory Committee, and the Consolidated Financial Statements and Non-consolidated Financial
Statements audited by the Accounting Auditor.
- In the event of an amendment being made to the Electronic Provision Measures Matters, it will be posted online on each of the above
websites (in Japanese only).
- When attending the meeting, please present the enclosed voting form at the reception desk.
- Please note that anyone other than a shareholder who is entitled to exercise voting rights (e.g., non-shareholding proxy, person
accompanying the shareholder) may not attend the meeting. (Caregivers may accompany shareholders with mental or physicaldisabilities.)-2-

Reference Documents for General Meeting of Shareholders
Proposal No. 1:

Election of Five Directors (excluding Directors who are Audit and Supervisory Committee
Members)

The terms of office of all five Directors (excluding Directors who are Audit and Supervisory Committee Members)
will expire at the conclusion of this meeting. Therefore, the Company proposes the election of five Directors(excluding Directors who are Audit and Supervisory Committee Members).
In deciding this proposal, it has been examined in advance by the Nomination and Remuneration Advisory
Committee, in which a majority of members are Independent Outside Directors. This proposal has been also
considered by the Audit and Supervisory Committee, but no objections were raised.
Candidates for election as Directors (excluding Directors who are Audit and Supervisory Committee Members) are
as follows:
Candidate
No.

Name

Title in the Company

1

Masami Fujita

Representative Director of Board, Chairperson

Reappointment

2

Susumu Kurashima

Representative Director of Board, President

Reappointment

3

Akihiko Ito

Director of Board, and Executive Managing Corporate Officer

Reappointment

4

Takashi Ozawa

Director of Board, and Managing Corporate Officer

Reappointment
Reappointment

5

Jun Niimi

Outside Director of Board

OutsideIndependent-3-

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,
and significant concurrent positions outside the Company
Apr. 1980
Dec. 2001
June 2006
June 2009
Apr. 2010

Masami Fujita(September 22, 1956)
Reappointment
Rate of attendance at Meetingsof the Board of Directors
17/17

June 2010
June 2012
Apr. 2016

June 2017
Jan. 20191

Apr. 2019
June 2019
June 2021
Mar. 2023

Joined Fujitsu Limited
General Manager, Secretary’s Office, Fujitsu
LimitedCorporate Vice President, Fujitsu Limited
Corporate Senior Vice President, Fujitsu
LimitedCorporate Senior Executive Vice President,
Fujitsu Limited
Corporate Senior Executive Vice President andDirector, Fujitsu Limited
Corporate Senior Executive Vice President andRepresentative Director, Fujitsu Limited
President and Representative Director, FujitsuMarketing Limited (currently Fujitsu Japan
Limited)External Board Director, Hazama Ando
Corporation (current position)
Executive Adviser, Fujitsu Marketing Limited(currently Fujitsu Japan Limited)
Executive Vice President of the Company
Representative Director of Board, President
Representative Director of Board, Chairperson(current position)
Outside Director, DIC Corporation (current
position)

Number of theCompany’s shares
owned

16,183 shares[Reasons for nomination as candidate]
Masami Fujita has been engaged in the operations of human resources division of Fujitsu Limited for many years. He
has been in charge of human resources, general affairs, and legal affairs since his appointment as Corporate Executive
Officer of Fujitsu Limited, and during that time he had been a driving force in promoting the establishment of internalmanagement systems for the entire Fujitsu Group. In the role of Corporate Senior Executive Vice President andRepresentative Director of Fujitsu Limited and President and Representative Director of Fujitsu Marketing Limited(currently Fujitsu Japan Limited), he has accumulated extensive experience and broad insight in corporate management
including corporate governance. At the Company, he oversaw the execution of the Company’s operations as
Representative Director of Board, President, and currently he serves as chairperson of the Company’s Board of
Directors as Representative Director of Board, Chairperson. He manages the Company’s general management from aperspective of further strengthening corporate governance, and also serves as a member of the Nomination andRemuneration Advisory Committee. The Company judges that he will continue to appropriately make decisions related
to important management matters and supervise the execution of operations, for which reason it proposes his election.

-4-

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,
and significant concurrent positions outside the Company
Apr. 1986
Dec. 2005
June 2006

2

Susumu Kurashima(December 3, 1963)

June 2011
Dec. 2012

Reappointment

June 2015

Rate of attendance at Meetingsof the Board of Directors
17/17

June 2016
Apr. 2018
Feb. 2019
Aug. 2019
Apr. 2021
June 2021

Joined the Company
Senior Manager of Manufacturing Department
II of Component Division
Director of Stamping Department of Leadframe
Division
Senior Director of Leadframe DivisionCorporate Officer
General Manager of Leadframe Division
General Manager of Marketing & Sales
Division
Senior Corporate Officer
General Manager of Leadframe Division
Managing Corporate Officer
President and Director of SHINKO
ELECTRONICS (MALAYSIA) SDN. BHD.
Executive Vice President of the Company
Representative Director of Board, President(current position)

Number of theCompany’s shares
owned

18,183 shares[Reasons for nomination as candidate]
Susumu Kurashima has been engaged in the operation of the component business and leadframe business of theCompany for many years, and has accumulated extensive experience and achievements in operations of manufacturing
divisions, including supervision of manufacturing departments, technology development and management of overseas
subsidiaries, etc. Having served as supervising manager of the Marketing and Sales Division and Equipment
Engineering Division, he is highly knowledgeable about the Company business and its customers, and has broad insight
into matters such as trends and technologies in the fields where the Company operates. In his current role as
Representative Director of Board, President, he manages the Company’s general management and oversees theexecution of Company’s operations. The Company judges that he will continue to appropriately make decisions related
to important management matters and supervise the execution of operations, for which reason it proposes his election.

-5-

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,
and significant concurrent positions outside the Company
Apr. 1982
June 1999
Dec. 2000
July 2004

June 2006
Akihiko Ito(February 13, 1960)
Reappointment
Rate of attendance at Meetingsof the Board of Directors
17/17

Dec. 2006
June 2009
Dec. 20123
June 2018
June 2023
Apr. 2024

4

Joined the Company
Senior Manager of Accounting Department
Senior Manager of Business Planning
Department, Leadframe Division
Director of Business Planning &Administration Department, Component
Division
Director of Business Planning &Administration Department, Plastic Laminated
Package Division
Senior Director of Plastic Laminated Package
Division I
Deputy General Manager of Plastic Laminated
Package Division, Product Unit I
Corporate Officer
Vice General Manager of Plastic Laminated
Package Division and Senior Director of
Accounting & Finance Division
Director of Board, Standing Audit andSupervisory Committee Member
Director of Board, and Executive Managing
Corporate Officer (current position)
General Manager of Procurement Division(current position)

Number of theCompany’s shares
owned

9,077 shares[Reasons for nomination as candidate]
Akihiko Ito has been engaged in the operations of the accounting & finance division and several manufacturing
divisions, including the plastic laminated package business of the Company for many years. He has accumulated
extensive experience and achievements in corporate management and planning and operations of several manufacturing
divisions, etc. Also, he has accumulated extensive experience in supervising the execution of overall operations,
including serving as a Director of Board who is a Standing Audit and Supervisory Committee Member. In his current
role as corporate officer in charge of the Legal, Compliance & IP Division and Accounting & Finance Division, andGeneral Manager of Procurement Division, he takes responsibility for the execution of operations related to each
Division, and is also involved in the management of the Company as a Director of Board. The Company judges that hewill continue to appropriately make decisions related to important management matters and supervise the execution ofoperations, for which reason it proposes his election.
Apr. 1984
Joined Fujitsu Limited
Takashi Ozawa
June 2002
Joined the Company(November 27, 1961)
June 2013
Vice General Manager of IC Assembly DivisionDec. 2013
Corporate Officer
Reappointment
18,962 shares
General Manager of IC Assembly Division(current position)
Rate of attendance at Meetings
June 2016
Senior Corporate Officerof the Board of Directors
June
2017
Director of Board, and Managing Corporate
17/17
Officer (current position)[Reasons for nomination as candidate]
Takashi Ozawa has been engaged in the IC assembly business at the Company for many years, and has accumulated
extensive experience and achievements in technology development and operations of manufacturing division, etc. In his
current role as corporate officer in charge of Equipment Engineering Division, Environmental Management Division
and Research & Development Division, and General Manager of IC Assembly Division, he takes responsibility for the
execution of operations related to each Division, and is also involved in the management of the Company as a Directorof Board. The Company judges that he will continue to appropriately make decisions related to important management
matters and supervise the execution of operations, for which reason it proposes his election.

-6-

Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,
and significant concurrent positions outside the Company
Apr. 1979
Apr. 2003

5

Notes:

1.
2.

3.

4.

5.
6.

Number of theCompany’s shares
ownedJoined the Ministry of Foreign Affairs
Minister, the Embassy of Japan in the RussianFederation
July 2006
Minister, the Embassy of Japan in the Kingdomof Thailand
July 2008
Deputy Director-General, the Ministry of
Economy, Trade and Industry
Jun Niimi
Aug. 2010
Deputy Assistant Minister, the Ministry of(January 27, 1956)
Foreign Affairs
Reappointment
Sept. 2011
Consul General of Japan in Los Angeles
OutsideJuly 2014
General Manager, International Division of
0 shares
Independent
Secretariat, the House of Representatives
Nov. 2017
Ambassador Extraordinary and Plenipotentiary
Rate of attendance at Meetings
to the Portuguese Republic (until Dec. 2019)of the Board of Directors
Apr. 2020
Professor, School of Global Studies, Tama
17/17
University (current position)
June 2020
Outside Director of Board of the Company(current position)
Apr. 2022
Dean, School of Global Studies, Tama
University (current position)
Apr. 2024
Vice President, Tama University (current
position)[Reasons for nomination as candidate and summary of expected role]
Jun Niimi has expertise and a wealth of experience in international affairs following an extensive career at the Ministryof Foreign Affairs, and from his involvement in areas including international trade policy at the Ministry of Economy,
Trade and Industry. Also, he is serving as a university professor, where he employs his deep insight. At the Company, heis currently an Outside Director of Board and Chairperson of the Nomination and Remuneration Advisory Committee
and the Special Committee. The Company proposes his election expecting that he will continue to put his knowledge to
use in making decisions related to important management matters and supervising the execution of operations from an
independent, objective position as an Outside Director.
Jun Niimi is a candidate for Outside Director. He is currently an Outside Director of the Company, and at the conclusionof this meeting his tenure will have been four years.
Although Jun Niimi has not been involved in the past in the corporate management by a method other than serving as an
Outside Director, the Company judges that he is capable of properly executing the duties as an Outside Director for thereasons stated above.
The Company has entered into an agreement with Jun Niimi 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 provided for under laws and regulations. If his election is approved and adopted, the Company plans to renew the
aforementioned agreement with him.
The Company has concluded a Directors’ & Officers’ liability insurance contract with an insurance company. This
insurance indemnifies the insured against damage compensation, legal costs, etc. arising from claims for damages causedby an act (including nonfeasance) of the insured including Directors of the Company performed as a director, etc. The
candidates will be insured by the contract. The Company plans to renew the insurance contract with such terms andconditions at the time of the next renewal of the contract.
The Company has submitted notification to Tokyo Stock Exchange, Inc. that Jun Niimi has been designated as an
Independent Director prescribed by the aforementioned exchange.
The Company has a permanent Special Committee, established based on the Corporate Governance Code published by
Tokyo Stock Exchange, Inc. comprised entirely of Independent Outside Directors.

-7-

Proposal No. 2:

Election of Three Directors who are Audit and Supervisory Committee Members

The terms of office of all three Directors who are Audit and Supervisory Committee Members will expire at theconclusion of this meeting. Therefore, the Company proposes the election of three Directors who are Audit andSupervisory Committee Members.
In deciding this proposal, it has been examined in advance by the Nomination and Remuneration Advisory
Committee, in which a majority of members are Independent Outside Directors. This proposal has also alreadyobtained the consent of the Audit and Supervisory Committee.
Candidates for election as Directors who are Audit and Supervisory Committee Members are as follows:
Candidate
No.
1

2

3

Name

Title in the Company

Toshiyasu Hirabayashi

Senior Corporate Officer

Namiko Araki

Outside Director of Board, Audit and Supervisory Committee
MemberKunikazu Kobayashi

Outside Director of Board, Audit and Supervisory Committee
Member-8-

New appointment
Reappointment
OutsideIndependent
Reappointment
OutsideIndependent

Candidate
No.

Name
(Date of birth)

Toshiyasu Hirabayashi(May 3, 1960)
New appointment

1

2

Rate of attendance at Meetingsof the Board of Directors
Rate of attendance at Meetingsof the Audit and Supervisory
Committee-

Career summary, position and responsibility in the Company,
and significant concurrent positions outside the Company
Jan. 1990
July 2004
June 2006
Dec. 2007

June 2011
June 2013

June 2017

Joined the Company
Senior Manager of Accounting Department
Senior Director of Accounting & Finance
Division
Senior Director of Accounting & Finance
Division and Director of Business Planning &Administration Department, Plastic Laminated
Package Division II
Deputy General Manager of Accounting &Finance DivisionCorporate Officer
Vice General Manager of Accounting &Finance Division
General Manager of Accounting & Finance
Division (current position)
Senior Corporate Officer (current position)

Number of theCompany’s shares
owned

3,300 sharesFeb. 2019[Reasons for nomination as candidate]Toshiyasu Hirabayashi has been engaged in the operations of the accounting & finance division of the Company formany years. He has accumulated extensive experience and achievements in finance and accounting, and has experienceand achievements in the planning and operations of manufacturing division. The Company judges that he willappropriately make decisions related to important management matters and audit and supervise the execution ofoperations as a Director who is an Audit and Supervisory Committee Member, for which reason it proposes his election.
Apr. 2009
Joined NIFTY Corporation
Namiko Araki(August 7, 1974)
June 2009
Registered as an attorney at law (Dai-Ichi
Tokyo Bar Association)
Reappointment
Dec. 2011
Joined Murashima • Hozumi Law OfficeOutside(current position)
Independent
June 2017
Head of Legal Affairs Group, Human
Resources & General Affairs Division, NIFTY
0 shares
Rate of attendance at Meetings
Corporation (until Aug. 2017)of the Board of Directors
June 2018
Outside Director of Board, Audit and
17/17
Supervisory Committee Member of theRate of attendance at Meetings
Company (current position)of the Audit and Supervisory
Committee
9/9[Reasons for nomination as candidate and summary of expected role]
Namiko Araki has expertise and a wealth of experience as an attorney at law. At the Company, she is currently an
Outside Director of Board, Audit and Supervisory Committee Member, and a member of the Nomination andRemuneration Advisory Committee and the Special Committee. The Company proposes her election expecting that she
will continue to put her knowledge to use in making decisions related to important management matters and auditing
and supervising the execution of operations from an independent, objective position as an Outside Director who is an
Audit and Supervisory Committee Member.

-9-Candidate
No.

Name
(Date of birth)

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

Number of theCompany’s shares
owned

Oct. 1973

3

Notes:

Joined Tokyo Office of Coopers & Lybrand(currently PricewaterhouseCoopers)
Sept. 1977
Registered as certified public accountant
Aug. 1981
Established Kobayashi Accounting Office
Dec. 1981
Registered as certified tax accountant
Oct. 1989
Joined Asahi Shinwa & Co. (currently KPMG
AZSA LLC)
Kunikazu Kobayashi
Aug. 1995
Representative Partner, Asahi Audit(March 29, 1950)
Corporation (currently KPMG AZSA LLC)
Reappointment
May 1997
Head of Nagano Office, Asahi Audit
OutsideCorporation
Independent
Jan. 2003
Representative Partner, ASAHI Tax
Corporation
0 shares
Rate of attendance at Meetings Jan. 2012
Representative Partner and Chairman, Agataof the Board of Directors
Global Tax Corporation
17/17
Representative Director, Agata Global
Rate of attendance at Meetings
Consulting Co., Ltd.
of the Audit and Supervisory
June 2017
External Director, Daidoh Limited
Committee
Feb. 2019
Representative Partner, Chairman and Director,
9/9
Agata Global Tax Corporation
Director, Agata Global Consulting Co., Ltd.
Apr. 2020
Senior Executive Advisor, Agata Global Tax
Corporation (current position)
June 2020
Outside Director of Board, Audit andSupervisory Committee Member of theCompany (current position)[Reasons for nomination as candidate and summary of expected role]
Kunikazu Kobayashi has expertise and a wealth of experience as a certified public accountant and tax accountant. Also,
he has been engaged in corporate management of tax accountancy corporations, a consulting corporation, etc. for many
years. At the Company, he is currently an Outside Director of Board, Audit and Supervisory Committee Member, and amember of the Nomination and Remuneration Advisory Committee and the Special Committee. The Company proposes
his election expecting that he will continue to put his knowledge to use in making decisions related to importantmanagement matters and auditing and supervising the execution of operations from an independent, objective position
as an Outside Director who is an Audit and Supervisory Committee Member.
1. Namiko Araki and Kunikazu Kobayashi are candidates for Outside Directors.
2. Namiko Araki and Kunikazu Kobayashi are currently Outside Directors of the Company who are Audit and Supervisory
Committee Members, and at the conclusion of this meeting, their tenure will have been six years and four years,
respectively.
3. Although Namiko Araki has not been involved in the past in the corporate management by a method other than serving asan Outside Director, the Company judges that she is capable of properly executing the duties as an Outside Director forthe reasons stated above.
4. The Company has entered into an agreement with Namiko Araki and Kunikazu Kobayashi to limit their 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 provided for under laws and regulations. If their election is approved andadopted, the Company plans to renew the aforementioned agreement with each one of them. If the election of Toshiyasu
Hirabayashi is approved and adopted, the Company plans to enter into the same limited liability agreement with him.
5. The Company has concluded a Directors’ & Officers’ liability insurance contract with an insurance company. This
insurance indemnifies the insured against damage compensation, legal costs, etc. arising from claims for damages causedby an act (including nonfeasance) of the insured including Directors of the Company performed as a director, etc. The
candidates will be insured by the contract. The Company plans to renew the insurance contract with such terms andconditions at the time of the next renewal of the contract.
6. The Company has submitted notification to Tokyo Stock Exchange, Inc. that Namiko Araki and Kunikazu Kobayashi havebeen designated as Independent Directors prescribed by the aforementioned exchange.
7. If the election of Toshiyasu Hirabayashi, Namiko Araki and Kunikazu Kobayashi is approved and adopted, they areplanned to be appointed as Audit and Supervisory Committee Members to perform duties prescribed in Article 399-3,
paragraph 1 and paragraph 2 of the Companies Act by the Audit and Supervisory Committee.

- 10 -

8. The Company has a permanent Special Committee, established based on the Corporate Governance Code published by
Tokyo Stock Exchange, Inc. comprised entirely of Independent Outside Directors.

- 11 -

(Reference) Constitution of the Board of Directors
In the event that Proposal No. 1 and Proposal No. 2 are approved, the constitution of the Board of Directors of theCompany will be as shown below following the Board of Directors Meeting and the Audit and Supervisory
Committee Meeting that is held after the conclusion of the General Meeting of Shareholders.
(Seven men, one woman (12.5% of the Directors are women.))Area of expertise especially expected from the Directors
Name

Title in the Company

Masami Fujita

Representative Directorof Board, Chairperson

Susumu Kurashima

Representative Directorof Board, President●

Akihiko Ito

Director of Board, andExecutive Managing
Corporate Officer●

Takashi Ozawa

Director of Board, andManaging Corporate
Officer●

Jun Niimi

Outside Director ofBoard

Toshiyasu Hirabayashi

Namiko Araki

Kunikazu Kobayashi

Director of Board,Standing Audit andSupervisory Committee
MemberOutside Director of
Board,
Audit and Supervisory
Committee Member
Outside Director of
Board,
Audit and Supervisory
Committee Member

Overseas
Legal affairs Finance
Manufac- Technology Marketing business/
Management
and risk
anddevelopment and sales International
turingexperiencemanagement accounting
affairs

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- 12 -●