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: 9324)
June 7, 2022
To our shareholders:Nobuyuki Fujii,
President & CEO
Yasuda Logistics Corporation
3-1-1 Shibaura, Minato-ku, Tokyo

Notice of the 154th Annual General Meeting of Shareholders
We are pleased to announce that the 154th Annual General Meeting of Shareholders of Yasuda Logistics
Corporation will be held as described below.
You may exercise your voting rights in writing or via the Internet. Please review the attached Reference
Documents for General Meeting of Shareholders, and exercise your voting rights according to “Information on
Exercise of Voting Rights” on page 4 by 5:00 p.m. on Monday, June 27, 2022 (JST).
1. Date and Time:

Tuesday, June 28, 2022, at 10:00 a.m. (JST)

2. Venue:

TKP Garden City PREMIUM-Tamachi,
4F, msb Tamachi, Tamachi Station Tower S
3-1-21 Shibaura, Minato-ku, Tokyo

3. Purpose of the Meeting:
Matters to be reported
1. Report on the Business Report, the Consolidated Financial Statements and the results ofaudits of the Consolidated Financial Statements by the Financial Auditor and Board of
Corporate Auditors for the 154th Fiscal Year (from April 1, 2021 to March 31, 2022)
2. Report on the Non-Consolidated Financial Statements for the 154th Fiscal Year (from
April 1, 2021 to March 31, 2022)
Matters to be resolved
Proposal No. 1: Appropriation of the Surplus for the 154th Fiscal Year
Proposal No. 2: Partial Amendment to the Articles of Incorporation
Proposal No. 3: Election of Seven (7) Directors
Proposal No. 4: Election of One (1) Corporate Auditor
Proposal No. 5: Election of One (1) Substitute Corporate Auditor-1-Reference Documents for the General Meeting of Shareholders
Proposal No. 1:

Appropriation of the Surplus for the 154th Fiscal Year

The Company has given consideration to matters including the business performance of the fiscal year and futurebusiness development, and it proposes to appropriate the surplus for the 154th fiscal year as follows:
1. Year-end dividends(i) Type of dividend property
To be paid in cash.
(ii) Allotment of dividend property and their aggregate amountThe Company proposes to pay a dividend of ¥13 per common share of the Company.
In this event, the total amount of dividends shall be ¥378,358,734.
(iii) Effective date of dividends of surplus
The effective date of dividends shall be June 29, 2022.
2. Other appropriation of surplus(i) Item of surplus to be increased and amount of increase
General reserve: ¥1,700,000,000(ii) Item of surplus to be decreased and amount of decrease
Retained earnings brought forward: ¥1,700,000,000-2-Proposal No. 2:

Partial Amendment to the Articles of Incorporation

1. Reasons for the proposal
Since the revised provisions provided for in the proviso to Article 1 of the Supplementary Provisions of the
Act Partially Amending the Companies Act (Act No. 70 of 2019) are to be enforced on September 1, 2022, theCompany proposes to make the following changes to its Articles of Incorporation in preparation for the
introduction of the system for providing informational materials for the general meeting of shareholders inelectronic format.
(1) Article 15, paragraph 1 in “Proposed Amendments” below will stipulate that the Company shall takemeasures for providing information that constitutes the content of reference documents for the general
meeting of shareholders, etc. in electronic format.
(2) Article 15, paragraph 2 in “Proposed Amendments” below will establish the provision to limit the scope of
the items to be stated in the paper-based documents to be delivered to shareholders who requested thedelivery of paper-based documents.
(3) Since the provisions for Internet Disclosure and Deemed Provision of Reference Documents for the General
Meeting of Shareholders, Etc. (Article 15 of the current Articles of Incorporation) will no longer be required,
they will be deleted.
(4) Accompanying the aforementioned establishment and deletion of provisions, supplementary provisions
regarding the effective date, etc. will be established.
2. Details of the amendments
The details of the proposed amendments are as follows.
Comparison of the Current Articles of Incorporation and the Proposed Amendments(Underlined parts show the amendments.)
Proposed Amendments
Chapter III
General Meeting of Shareholders

Current Articles of Incorporation
Chapter III
General Meeting of Shareholders
Article 15 (Internet Disclosure and Deemed Provision ofReference Documents for the General Meeting of
Shareholders, Etc.)
When the Company convenes a general meeting ofshareholders, if it discloses information that is to bestated or presented in the reference documents for thegeneral meeting of shareholders, business report, nonconsolidated financial statements and consolidated
financial statements through the internet in accordancewith the provisions prescribed by the Ministry ofJustice Order, it may be deemed that the Company has
provided this information to shareholders.
(Newly established)(Deleted)

Article 15 (Measures, etc. for Providing Information in Electronic
Format)1. When the Company convenes a general meeting ofshareholders, it shall take measures for providing
information that constitutes the content of reference
documents for the general meeting of shareholders, etc.
in electronic format.
2. Among items for which the measures for providing
information in electronic format will be taken, theCompany may exclude all or some of those items
designated by the Ministry of Justice Order fromstatements in the paper-based documents to bedelivered to shareholders who requested the delivery of
paper-based documents by the record date of voting
rights.

-3-Current Articles of Incorporation(Newly established)
Article 1

Article 2

Article 3-4-

Proposed Amendments
Supplementary Provisions
The deletion of Article 15 (Internet Disclosure andDeemed Provision of Reference Documents for the
General Meeting of Shareholders, Etc.) and theestablishment of the new Article 15 (Measures, etc. for
Providing Information in Electronic Format) shall beeffective from September 1, 2022, the date ofenforcement of the revised provisions provided for in
the proviso to Article 1 of the Supplementary
Provisions of the Act Partially Amending theCompanies Act (Act No. 70 of 2019) (hereinafterreferred to as the “Date of Enforcement”).
Notwithstanding the provision of the preceding Article,
Article 15 of the Articles of Incorporation (Internet
Disclosure and Deemed Provision of Reference
Documents for the General Meeting of Shareholders,Etc.) shall remain effective regarding any general
meeting of shareholders held on a date within six
months from the Date of Enforcement.
These Supplementary Provisions shall be deleted on thedate when six months have elapsed from the Date of
Enforcement or three months have elapsed from thedate of the general meeting of shareholders in thepreceding Article, whichever is later.

Proposal No. 3:

Election of Seven (7) Directors

The terms of office of all six (6) Directors will expire at the conclusion of this meeting.
In addition, Director & Managing Executive Officer Shingo Koizumi retired through resignation as a Director
effective October 31, 2021, and was appointed Representative Director and Deputy President of Nanshinkamotsu Jidousha Co., Ltd. on November 18, 2021. He remains a Managing Executive Officer of the Company. In addition,
Director Kazunari Sato retired through resignation effective June 9, 2022 and has been appointed President of Yasuda
Estate Service Co., Ltd. effective June 10, 2022. Therefore, the Company proposes the election of seven (7) Directors.
In addition, when selecting candidates for Directors, the decision is made by the Board of Directors upon advice
received from the Nominations and Remuneration Advisory Committee, which comprises a majority of independent
outside Directors.
The candidates for Director are as follows:
CandidateNo.
1
Nobuyuki Fujii
2
Kazunari Ogawa
3
Hiroyuki Muto
4

Tadashi Matsui

5

Masahiro Ifuku

6

Hirozumi Sone

7

Morio Sakamoto

Name

Current position in the Company
Reelection
Reelection
New election
New election
Reelection
Independent
OutsideReelection
Independent
OutsideReelection
Independent
OutsidePresident & CEO
Director & Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
General Manager of Marketing Strategy Department
Director

Director

Director-5-

Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility in the Company(Significant concurrent positions outside the Company)
Apr. 1982
Apr. 2009
Apr. 2011
Apr. 2012
Apr. 2014
Apr. 2016
Apr. 2017

1

2

3

Number of theCompany’s
shares owned

Joined The Fuji Bank, Limited
Executive Officer of Mizuho Corporate Bank, Ltd.
Managing Executive Officer
Managing Executive Officer of Mizuho Bank, Ltd.
Senior Managing Director
Nobuyuki Fujii
Deputy President(March 10, 1959)
39,100 shares
Administrative Officer of Mizuho Financial Group, Inc.
Reelection
Administrative Officer of Mizuho Bank, Ltd.
May 2017 Advisor of the Company
June 2017 Director and Deputy President
June 2018 President
June 2020 President & CEO (current position)[Reasons for nomination as candidate for Director]
He has a wealth of experience and a track record in corporate management at a major financial institution and in each of
the Company’s businesses. He has been responsible for the Company’s management as President since 2018. The
Company expects that he will contribute to enhancing the functions of the Board of Directors by utilizing such
experience and proposes him for reelection as a Director.
Apr. 1987 Joined the Company
July 2005
General Manager of Shibaura Logistics Center
July 2011
General Manager of Corporate Management Department
June 2014 Director
Kazunari Ogawa
June 2018 Managing Director(August 7, 1962)
23,400 shares
June 2020 Director & Managing Executive Officer (current
position)
Reelection
Current responsibility
Strategic Project Management Department, Logistics Engineering
Department, Marketing and Sales Department III, International Sales
Department, and Real Estate Department[Reasons for nomination as candidate for Director]
He has a wealth of experience and track record mainly in the Company’s domestic logistics business, finance, corporate
strategy planning and real estate divisions having served as General Manager of Logistics Center, General Manager ofCorporate Management Department and Executive Officer responsible for Accounting Department and is now in chargeof the Strategic Project Management Department, the Logistics Engineering Department, the Sales Department and theReal Estate Department. The Company expects that he will contribute to enhancing the functions of the Board of
Directors by utilizing such experience and proposes him for reelection as a Director.
Apr. 1986 Joined the Company
Apr. 2005 General Manager of Y-CC Daikoku Logistics Center
June 2009 General Manager of Sales Development Department
June 2013 Director
Hiroyuki Muto
June 2020 Managing Executive Officer (current position)(December 11, 1963)
Current responsibility
5,400 shares
In charge of International Business Promotion Department, and Sales
New election
at Overseas Offices
Significant concurrent positions outside the Company
Chairperson of Yasuda Chuo International Forwarding (Shanghai) Co.,
Ltd.
Chairperson of Yasuda Logistics (Shanghai) Corporation[Reasons for nomination as candidate for Director]
He has a wealth of experience and track record mainly in the Company’s domestic logistics business and international
logistics business having served as General Manager of Logistics Center and General Manager of Sales andDevelopment Department and now as Managing Executive Officer responsible for the management of the Company’s
overseas Group companies and sales of overseas offices. The Company expects that he will contribute to enhancing thefunctions of the Board of Directors by utilizing such experience and proposes him for election as a Director.

-6-

Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility in the Company(Significant concurrent positions outside the Company)
Apr. 1987
Apr. 2004
Apr. 2014
June 2014
Apr. 2019

4

5

Number of theCompany’s
shares owned

Joined the Company
General Manager of Atsugi Logistics Center
General Manager of Medical Logistics Unit
Director
Tadashi Matsui
Director and General Manager of Marketing Strategy(May 21, 1964)
Department
12,400 shares
June 2020 Managing Executive Officer
New election
General Manager of Marketing Strategy Department(current position)
Current responsibility
In charge of Information Systems Department, Marketing Strategy
Department, IT Kitting Unit, and Transportation Network[Reasons for nomination as candidate for Director]
He has a wealth of experience and track record mainly in the Company’s domestic logistics business and IT Technology& DX, having served as General Manager of Logistics Center and General Manager of Medical Logistics Unit and now
as Managing Executive Officer and General Manager of Marketing Strategy Department in charge of the Information
Systems Department, Marketing Strategy Department, DX Promotion Section and IT Kitting Unit as well as being
responsible for the Transportation Network. The Company expects that he will contribute to enhancing the functions of
the Board of Directors by utilizing such experience and proposes him for election as a Director.
Apr. 1981 Joined The Yasuda Mutual Life Insurance Company
Oct. 2003
General Manager of Kochi Regional OfficeJan. 2004
General Manager of Kochi Regional Office of Meiji
Yasuda Life Insurance Company
July 2011
Executive Officer
July 2013
Managing Executive Officer
Masahiro Ifuku
Apr. 2015 Senior Managing Executive Officer(June 9, 1958)
Apr. 2016 Deputy President and Executive Officer
4,600 shares
Reelection
July 2016
Director, Deputy President, and Executive Officer
Independent
June 2018 Outside Director of the Company (current position)
Outside Director
Apr. 2020 Director of Meiji Yasuda Life Insurance Company
July 2020
Representative Director and Chairperson of Meiji
Yasuda General Insurance Co., Ltd. (current position)
Significant concurrent positions outside the Company
Representative Director and Chairperson of Meiji Yasuda General
Insurance Co., Ltd.
[Reasons for nomination as candidate for outside Director and expected role]
He has a high level of knowledge concerning compliance, risk management and personnel and human resources
development having been engaged in corporate management at a major life insurance company and elsewhere. The
Company expects that he will continue to provide valuable opinions and advice on overall corporate management aswell as risk management and other areas and proposes him for reelection as an outside Director.

-7-

Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility in the Company(Significant concurrent positions outside the Company)
Apr. 1979

6

Number of theCompany’s
shares owned

Joined Yamatake-Honeywell Co., Ltd. (currently Azbil
Corporation)
Apr. 1996 Systems Marketing Manager of Systems Development
Group, Industrial Systems Division
Oct. 1998
Transferred to Yamatake Industries Systems Co., Ltd.
General Manager of Marketing Department
June 2000 Director and General Manager of Marketing Department
Apr. 2003 Vice Executive Officer of Yamatake Corporation(currently Azbil Corporation)
General Manager of Engineering Department, Advanced
Automation Company
Hirozumi Sone
Apr. 2005 Executive Officer, General Manager of the Corporate(January 16, 1955)
Planning Department
800 shares
Apr. 2008 Managing Executive Officer, General Manager of theReelection
Corporate Planning Department
Independent
Outside Director
June 2010 Director and Managing Executive Officer
Apr. 2012 Representative Director, President and Chief Executive
Officer of Azbil Corporation
Apr. 2020 Representative Director, Executive Chairperson,
President and Group Chief Executive Officer
June 2020 Representative Director Chairperson, Executive
Chairperson (current position)
June 2021 Outside Director of the Company (current position)
Significant concurrent positions outside the Company
Representative Director Chairperson, Executive Chairperson of Azbil
Corporation[Reasons for nomination as candidate for outside Director and expected role]
He has a high level of knowledge concerning strategy planning and risk management for corporate planning having
served as President and Chairperson of a major globally-expanding manufacturer of measurement, control andautomation equipment. The Company expects that he will continue to provide valuable opinions and advice on overall
corporate management as well as IT Technology and DX and proposes him for reelection as an outside Director.

-8-

Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility in the Company(Significant concurrent positions outside the Company)
Apr. 1979
July 1999

Apr. 2000

May 2001

Aug. 2003

Jan. 2004
Morio Sakamoto(January 20, 1955)
Reelection
Independent
Outside Director
7Jan. 2005
Jan. 2006
Apr. 2007
July 2008

Joined Ministry of Home Affairs
Director of Fixed Radio Communications Division ofRadio Department of Telecommunications Bureau of
Ministry of Posts and Telecommunications
Manager of Fire Prevention Division of Fire andDisaster Management Agency of Ministry of Home
Affairs
Counselor of Cabinet Secretariat of Cabinet Office(Counselor of Counselor Office of Prime Minister’s
Office)Counselor of Minister’s Secretariat of Ministry ofInternal Affairs and Communications (in charge ofGeneral Affairs Division)
Director of Local Allocation Tax Division of Local
Public Finance BureauCounselor of Minister’s Secretariat (in charge of
Secretarial Division)
Director of Administration Department of Local
Administration Bureau
Deputy Secretary General of Secretariat of the Council
for Decentralization Reform of Cabinet Office
Deputy Director General for Society, Health and Welfare
for Persons with Disabilities, and Health and Welfare for
the Elderly of Ministry of Health, Labour and Welfare

July 2009
July 2013

Notes:

1.
2.

3.
4.
5.

6.

Number of theCompany’s
shares owned

800 shares

Deputy Governor of Chiba Prefecture
President of Local Autonomy College of Ministry ofInternal Affairs and Communications
July 2014
Commissioner of the Fire and Disaster Management
AgencyJune 2018 Director of Japan Municipal Development Corporation(current position)
June 2021 Outside Director of the Company (current position)
Significant concurrent positions outside the Company
Director of Japan Municipal Development Corporation[Reasons for nomination as candidate for outside Director and expected role]
He has a wealth of experience in relation to natural disaster response measures and knowledge as a weather forecaster,
having served as Commissioner of the Fire and Disaster Management Agency and Deputy Governor of Chiba
Prefecture. The Company expects that he will continue to provide valuable opinions and advice on risk management
and proposes him for reelection as an outside Director. He has never been directly involved in the management of acompany. However, the Company judges he will appropriately fulfill his duties as an outside Director based on theabove reasons.
Both Hiroyuki Muto and Tadashi Matsui are new candidates for Directors.
Masahiro Ifuku concurrently serves as Representative Director and Chairperson of Meiji Yasuda General Insurance Co.,
Ltd., but there is no special relationship between the Company and the said company. Furthermore, he is a former Directorof Meiji Yasuda Life Insurance Company, with which the Company has transactions including borrowings, but therelationship does not affect his independence as an outside Director.
There is no special interest between any other candidates and the Company.
Masahiro Ifuku, Hirozumi Sone and Morio Sakamoto are candidates for outside Directors.
Masahiro Ifuku, Hirozumi Sone and Morio Sakamoto are all currently outside Directors of the Company, and the tenureof each outside Director at the conclusion of this meeting shall be four (4) years for Masahiro Ifuku and one (1) year eachfor Hirozumi Sone and Morio Sakamoto.
The Company has entered into agreements with each of Masahiro Ifuku, Hirozumi Sone and Morio Sakamoto that limit
the maximum liability for damages under Article 423, paragraph (1) of the Companies Act pursuant to the provisions ofArticle 427, paragraph (1) of the Companies Act. Under these agreements, the maximum liability for damages is the lowest-9-amount of liability stipulated by Article 425, paragraph (1) of the Companies Act. If the reelection of each candidate isapproved, the Company plans to renew such agreements.
7. The Company has entered into a directors and officers liability insurance policy with an insurance company in accordancewith Article 430-3, paragraph (1) of the Companies Act. The scope of insured persons under such insurance policy is the
Directors and Corporate Auditors of the Company as stipulated under the Companies Act as well as executive officers
under the executive officer system adopted by the Company. Insured persons do not pay insurance premiums. Such
insurance policy covers the damages that arise when insured persons such as executive officers are subject to claims fordamages by shareholders or third parties from acts in the course of their duties or caused by nonfeasance during the termof the policy. Apart from this, the policy also covers expenses that are required by an insured person such as an executive
officer to respond in the event that a situation arises that could result in a claim for damages. However, to ensure there is
no loss of appropriateness in the execution of the insured persons’ duties, there are certain coverage exclusions such as
the ineligibility for cover of damages that arise from acts that violate public order and morals. If each candidate is elected
and assumes office as a Director, they will become insured persons under such insurance policy.
In addition, when such insurance policy is renewed, the Company plans to renew the policy with the same terms.
8. The Company has submitted notice that Masahiro Ifuku, Hirozumi Sone and Morio Sakamoto, who are all candidates foroutside Director, are Independent Directors in accordance with the provisions of the Tokyo Stock Exchange, Inc.
9. Number of the Company’s shares owned by each candidate describes the number of shares as of March 31, 2022. In
addition, this does not include stocks owned by the Yasuda Logistics Officers Stock Ownership Plan.
10. Hiroyuki Muto is expected to assume office as President of Fuyo Air Cargo Co., Ltd. at the 35th annual general meetingof shareholders of the said company, which is to be held on June 10, 2022.
11. Hirozumi Sone is expected to assume office as Director and Chairperson of Azbil Corporation on June 23, 2022 in linewith the said company’s transition to a company with nominating and other committees.

- 10 -

Reference <Skills matrix of candidates for Directors>
The skills of Directors considered necessary, as highlighted in the Company’s management strategy, are definedas skills relating to (i) Corporate management, (ii) Global, (iii) Logistics and real estate, (iv) IT Technology and DX,(v) Legal, compliance and risk management, (vi) Personnel and human resources development and (vii) Finance andaccounting.
Candidates for Directors with the skills required by the Company have been appropriately elected and detailed
in list provided below.
Personnel andLegal,
Position after
Finance
IT
Logistics
human
complianceCorporate
Proposal No. 3 isandGlobal and real Technology
Nameresources
and riskmanagement
approvedaccounting
and DX
estatemanagement development(scheduled)
〇
〇
〇
〇
〇
Nobuyuki Fujii
President & CEO
Director &〇〇〇〇Kazunari Ogawa Managing
Executive Officer
Director &〇〇Hiroyuki Muto
Managing
Executive Officer
Director &〇〇Tadashi Matsui
Managing
Executive Officer〇〇〇〇
Masahiro Ifuku
Outside Director〇〇〇〇
Hirozumi Sone
Outside Director〇〇〇
Morio Sakamoto Outside Director(Note) This table does not indicate all the knowledge of each Director.

- 11 -

Proposal No. 4:

Election of One (1) Corporate Auditor

Corporate Auditor Akihiro Nagano passed away on January 14, 2022. The Company proposes the election of
one (1) Corporate Auditor as his substitute.
The Company proposes the election of Teruo Sagiya, a candidate for Corporate Auditor, as substitute for retiring
Corporate Auditor Akihiro Nagano. His term of office shall, in accordance with the provisions of the Company’s
Articles of Incorporation, be until the expiration of his predecessor’s term of office.
The consent of the Board of Corporate Auditors has been obtained for this proposal.
The candidate for Corporate Auditor is as follows:
Name(Date of birth)

Career summary and position in the Company(Significant concurrent positions outside the Company)
Apr. 1985
July 2007
June 2011
June 2012
June 2017
Apr. 2019

Number of theCompany’s shares
ownedJoined the Company
General Manager of Accounting Department
General Manager of International Forwarding Center
Director
Teruo Sagiya(October 10, 1961)
Managing Director
15,300 shares
Managing Director and General Manager of Medical
New election
Logistics Unit
June 2020
Director & Managing Executive Officer and General
Manager of Medical Logistics Unit
Apr. 2022
Director (current position)[Reasons for nomination as candidate for Corporate Auditor]
He has a wealth of experience and track record concerning the Company in general, having served as General Manager of
Accounting Department, General Manager of Logistics Center and Executive Officer in charge of Marketing and Sales Department,
etc. The Company expects that he will strengthen the supervisory function through audits from a perspective that utilizes such
experience and proposes him as a candidate for Corporate Auditor.
Notes: 1. Teruo Sagiya is a new candidate for Corporate Auditor.
2. There is no special interest between Teruo Sagiya and the Company.
3. The Company has entered into a directors and officers liability insurance policy with an insurance company in accordancewith Article 430-3, paragraph (1) of the Companies Act. The scope of insured persons under such insurance policy is the
Directors and Corporate Auditors of the Company as stipulated under the Companies Act as well as executive officers
under the executive officer system adopted by the Company. Insured persons do not pay insurance premiums. Such
insurance policy covers the damages that arise when insured persons such as executive officers are subject to claims fordamages by shareholders or third parties from acts in the course of their duties or caused by nonfeasance during the termof the policy. Apart from this, the policy also covers expenses that are required by an insured person such as an executive
officer to respond in the event that a situation arises that could result in a claim for damages. However, to ensure there is
no loss of appropriateness in the execution of the insured persons’ duties, there are certain coverage exclusions such as
the ineligibility for cover of damages that arise from acts that violate public order and morals. If the candidate is elected
and assumes office as a Corporate Auditor, he will become an insured person under such insurance policy. In addition,
when such insurance policy is renewed, the Company plans to renew the policy with the same terms.
4. Number of the Company’s shares owned by the candidate describes the number of shares as of March 31, 2022. In addition,
this does not include stocks owned by the Yasuda Logistics Officers Stock Ownership Plan.

- 12 -

Proposal No. 5:

Election of One (1) Substitute Corporate Auditor

The Company also requests approval for the election of one (1) substitute outside Corporate Auditor to be readyto fill a vacant position should the number of Corporate Auditors fall below the number required by laws andregulations.
The consent of the Board of Corporate Auditors has been obtained for this proposal.
The candidate for Substitute Corporate Auditor is as follows:
Number of the
Career summary
Company’s shares(Position in the Company, and significant concurrent positions outside theownedCompany)
Apr. 1981
Joined Chuo Warehouse Co., Ltd.
July 2007
General Manager of Umekoji Branch
Apr. 2008
General Manager of Nagoya Branch
June 2011
General Manager of Corporate Strategy Planning Office
Apr. 2012
General Manager of Human Resources and General Affairs
Department
Nov. 2014
General Manager of Administration Department
Hidemaro Nakamura
June 2015
Director
0 shares(December 25, 1958)
Apr. 2016
General Manager of Corporate Strategy Planning Office
June 2017Managing Director and General Manager of Planning and
Administration Headquarters
June 2020
Director and Managing Executive Officer and General
Manager of Planning and Administration Headquarters
June 2021
Full-time Corporate Auditor (current position)
Significant concurrent positions outside the Company
Full-time Corporate Auditor of Chuo Warehouse Co., Ltd.
[Reasons for nomination as candidate for substitute Corporate Auditor]
The Company expects that his wealth of experience and high level of insight as a manager and corporate auditor, having served as
Director and Managing Executive Officer of Chuo Warehouse Co., Ltd., etc., will be reflected in the Company’s audit operations
and proposes him as a candidate for substitute Corporate Auditor.
Notes: 1. There is no special interest between Hidemaro Nakamura and the Company.
2. Hidemaro Nakamura is a candidate for substitute outside Corporate Auditor.
3. If Hidemaro Nakamura is elected Corporate Auditor, the Company plans to enter into an agreement with him that limits
the maximum liability for damages under Article 423, paragraph (1) of the Companies Act pursuant to the provisions ofArticle 427, paragraph (1) of the Companies Act. Under such agreement, the maximum liability for damages is the lowest
amount of liability stipulated by Article 425, paragraph (1) of the Companies Act.
4. The Company has entered into a directors and officers liability insurance policy with an insurance company in accordancewith Article 430-3, paragraph (1) of the Companies Act. The scope of insured persons under such insurance policy is the
Directors and Corporate Auditors of the Company as stipulated under the Companies Act as well as executive officers
under the executive officer system adopted by the Company. Insured persons do not pay insurance premiums. Such
insurance policy covers the damages that arise when insured persons such as executive officers are subject to claims fordamages by shareholders or third parties from acts in the course of their duties or caused by nonfeasance during the termof the policy. Apart from this, the policy also covers expenses that are required by an insured person such as an executive
officer to respond in the event that a situation arises that could result in a claim for damages. However, to ensure there is
no loss of appropriateness in the execution of the insured persons’ duties, there are certain coverage exclusions such as
the ineligibility for cover of damages that arise from acts that violate public order and morals. If the candidate assumes
office as a Corporate Auditor, he will become an insured person under such insurance policy.
Name(Date of birth)- 13 -