(Note)
This document has been translated from 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.

July 23, 2018
To all persons concerned
Company name:
Representative:TSUKUI CORPORATION
President and Representative Director
Hiroshi Tsukui(Securities code: 2398, the first section of TSE)

Notice concerning Acquisition of Shares of Human Life Management Inc.
TSUKUI CORPORATION (hereinafter the “Company”) hereby announces that it resolved atits Board of Directors meeting held on July 23, 2018 to acquire the shares of Human LifeManagement Inc. (hereinafter “Human Life Management”) as described below.

1. Reasons for share acquisition
The TSUKUI Group (hereinafter the “Group”) provides a broad range of services for customers
and nursing care operators, mostly comprising four business segments: the home caresegment, the pay nursing home segment, the assisted-living facilities segment and the humanresource development segment (TSUKUI STAFF Corporation). The day services, which are theGroup’s major service, are used by more than 43,000 customers at 507 locations in 47
prefectures throughout Japan. Under the Second Medium-Term Management Plan, which wasannounced in May 2018, the Group aims to realize “integrated community care as envisioned
by TSUKUI” by aiming for robust growth by the four following regional strategies: “Create localservices,” “Create local cooperation hubs,” “Develop local human resources,” and “Reformentire corporate foundation.”
Human Life Management, since its establishment in October 2002, has been providing support
for home medical care through a collaborative arrangement with Incorporated MedicalAssociation Yushokai, one of the largest home medical care organizations in the Tokyo
metropolitan area. Human Life Management provides medical care organizations that provide
home medical care not only with its electronic patient record system, which it has originallydeveloped using the knowhow acquired in the home medical care field, but also with peripheralservices such as night-shift coordination, operation of services, sales assistance and insurance
claims. In addition, Human Life Management aims to find solutions to social issues in thehealthcare field, through such initiatives as healthcare services that perform home visit
massage, home visit nursing, and home visit nutritional coaching, and new businesses utilizing
its unique resources that have been developed in the home medical care field and the medicalcare sector’s network.
The Company considers this acquisition of shares of Human Life Management will enable theCompany to expand its home visit nursing services and strengthen cooperation with those
medical care organizations that provide home medical consultations. The Company also plansto send one corporate officer from the Company to Human Life Management with theexpectation this will enable swifter collaboration between nursing care and medical care. Thefield of home care, whose demand is expected to grow in the future, is facing a trend of rising
medical care needs in the areas of “end-of-life care and palliative care,” and “terminal care athome,” and it will be essential to strengthen medical alliances to realize “‘integrated community
care as envisioned by TSUKUI,’ which helps people to live in the way that suits them within thecommunity they regard as home until the end of their lives.”- 1 -2. Overview of the company to be acquired (As of July 1, 2018)(1) Name
Human Life Management Inc.
(2) Location
5-14-10, Shimbashi, Minato-ku, Tokyo(3) Title and name of
Yoshiki Sasaki, Representative Director
representative
Support business for medical clinics providing home medical(4) Business typecare support, night-shift coordination business, and healthcareservices(5) Capital stock¥134.31 million(6) Date of establishment
October 18, 2002
Capital relationship
No applicable relationship exists.
(7) Relationships of interest
between the Company and Personnel relationship No applicable relationship exists.
the company to be acquired Business relationship No applicable relationship exists.
(8) The financial results and financial position in most recent three fiscal years of the company tobe acquired (Unit: millions of yen)
Fiscal year ended
Fiscal year ended
Fiscal year ended
Fiscal Year
August 2015
August 2016
August 2017
Net sales
537
661
797
Operating profit
5487
139
Ordinary profit
5587
142
Profit305391
Total assets
554584762
Net assets
296350441
3. Overview of shareholder of shares to be acquired (As of July 1, 2018)(1) Name
MSIVC2008V Investment Business Limited Partnership(2) Location
Kyobashi TD Building 4F, 1-2-5, Kyobashi, Chuo-ku, Tokyo(3) Legal grounds ofPartnership pursuant to Limited Partnership Act for Investment
establishment, etc.
Investment in company that has not made an initial public(4) Purpose of establishmentoffering(5) Date of establishment
January 16, 2008
(6) Amount of investment¥5.0 billion(7) Investing parties,
1. 90.00% Mitsui Sumitomo Insurance Company, Limited
investment shares and2. 10.00% MITSUI SUMITOMO INSURANCE Venture Capital
overview of investing parties
Co., Ltd.
MITSUI SUMITOMO INSURANCENameVenture Capital Co., Ltd.
Kyobashi TD Building 4F, 1-2-5,Location
Kyobashi, Chuo-ku, Tokyo
Title and name ofToshikazu Ishigami, Director and(8) Overview of unlimited
representative
President
liability partnerStartup investment business;
comprehensive startup support from
Business typefoundation onward; and establishment,
operation and management ofinvestment business limited partnerships
Capital stock¥1.0 billion- 2 -Relationship of interest
between the Companyand investment
No applicable relationship exists.
(9) Relationships of interest
business limited
between the Company and partnershipinvestment business limitedRelationship of interest
partnership
between the Company
No applicable relationship exists.
and unlimited liability
partner
4. Number of shares to be acquired, total purchase price, and shares held before and afteracquisition(1) Number of shares
0 sharesheld by the Company(Total number of voting rights: 0 units)
before acquisition(Holding ratio of voting rights: 0%)(2) Number of shares to be
600 sharesacquired(Total number of voting rights: 600 units)(3) Total purchase price¥303 million(4) Number of shares
600 shares
to be held by the Company (Total number of voting rights: 600 units)
after acquisition(Holding ratio of voting rights: 22.9%)
5. Schedule(1) Date of resolution ofBoard of Directors(2) Date of conclusion ofagreement(3) Date of transfer ofownership of shares

July 23, 2018
August 13, 2018 (planned)
August 20, 2018 (planned)

6. Future prospect
This matter will have an immaterial impact on the consolidated financial results of the Group.
End- 3 -