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 shallprevail. The Company assumes no responsibility for this translation or for direct, indirect or any other formsof damages arising from the translation.
(Stock Exchange Code 1852)
June 8, 2017
To Shareholders with Voting Rights:
Kenichi Asanuma
Representative President
Asanuma Corporation
Main Office: 1-2-3 Minatomachi,Naniwa-ku, Osaka

NOTICE OF CONVOCATION OF
THE 82ND ANNUAL GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our appreciation for your continued support and patronage.
You are cordially invited to attend the 82nd Annual General Meeting of Shareholders of Asanuma
Corporation. (the “Company”). The meeting shall be held as described below.
If you are unable to attend the meeting, you can exercise your voting rights in writing by submitting theVoting Rights Exercise Form. Please review the attached Reference Documents for the General Meeting ofShareholders below, indicate your vote for or against the proposals on the enclosed Voting Rights Exercise
Form and return it so that it is received by 5:15 p.m. on Tuesday, June 27, 2017, Japan time.
1. Date and Time:

Wednesday, June 28, 2017 at 10:00 a.m. Japan time

2. Place:

Bluebell Banquet Room, 21st Floor, Hotel Monterey Grasmere Osaka
1-2-3 Minatomachi, Naniwa-ku, Osaka

3. Meeting Agenda:
Matters to be reported: 1. The Business Report, Consolidated Financial Statements for the Company’s
82nd Fiscal Year (April 1, 2016 - March 31, 2017) and results of audits ofthe Consolidated Financial Statements by the Accounting Auditor and theBoard of Statutory Auditors
2. Non-consolidated Financial Statements for the Company’s 82nd Fiscal Year
(April 1, 2016 - March 31, 2017)
Proposals to be resolved:
Appropriation of Surplus
Proposal 1:
Election of Eight (8) Directors
Proposal 2:
Election of One (1) Statutory Auditor
Proposal 3:-1-Instructions for the Exercise of Voting Rights

If you are attending the meeting
Exercise of voting rights by attending the meeting
Date and time: Wednesday, June 28, 2017 at 10:00 a.m. Japan time
Please submit the enclosed Voting Rights Exercise Form at the reception desk. You are asked to bringthis Notice of Convocation with you for the means of resource-saving.
If you are unable to attend the meeting
Exercise of voting rights in writing
Deadline: 5:15 p.m. on Tuesday, June 27, 2017 (time of receipt)
You can exercise your voting rights in writing. Please indicate your vote for or against the proposals
on the enclosed Voting Rights Exercise Form and return it by mail so that it is received by thedeadline.

Of the documents required to be appended to this Notice of Convocation as attachments, the following
matters have been posted on the Company’s website (http://www.asanuma.co.jp/) in accordance withlaws and regulations and Article 16 of the Articles of Incorporation of the Company, and are therefore
not included in the attached documents.
(1) Notes to the Consolidated Financial Statements(2) Notes to the Non-consolidated Financial Statements
The Consolidated Financial Statements and the Non-consolidated Financial Statements included in theattachment to this Notice of Convocation, constitutes a part of the documents audited by the Statutory
Auditor and the Accounting Auditor in the preparation of the audit report and accounting audit report,respectively.
◎ Should matters to be described in the Reference Documents for the General Meeting of Shareholders andthe attached documents (Business Report, Non-consolidated Financial Statements and Consolidated
Financial Statements) require revisions, the revised versions will be posted on the Company’s website(http://www.asanuma.co.jp/).
◎-2-

Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal 1:

Appropriation of Surplus

The Company considers the return of profits to shareholders as one of its most important managementinitiatives, and to this end, maintains a basic policy of allocating dividends in line with its businessperformance by developing new technologies that are necessary for the future expansion of the business,while striving to sustain and reinforce the Company’s competitiveness.
With regard to the year-end dividend, the Company has taken various factors into consideration,
including the securement of internal reserves necessary to strengthen its management structure, alongwith its financial condition and business performance. And as the Company was able to celebrate its
125th anniversary on January 20, 2017, a commemorative dividend has been added as well. Therefore,
the Company proposes to pay for the fiscal year ended March 31, 2017 a year-end dividend of ¥10 pershare, an increase of ¥5 per share from the previous fiscal year.

(1) Type of dividend property
Cash(2) Allotment of dividend property and the aggregate amount¥10 per common share of the Company (including regular dividend of ¥8 and 125th anniversarycommemorative dividend of ¥2)
Aggregate amount of dividends will be ¥837,766,460.
(3) Effective date of dividends of surplus
June 29, 2017-3-Proposal 2:

Election of Eight (8) Directors

The terms of office of all eight (8) Directors will expire at the conclusion of this year’s Annual General
Meeting of Shareholders. Accordingly, the election of eight (8) Directors is proposed.
The candidates are as follows:No.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldApril 1973
February 1985

1Note:

No.

Joined the Company
Director, Assistant General Manager in charge of Overseas
Operations Division, Head OfficeFebruary 1989
Managing Director, General Manager in charge of Human
Resources Division, Head Office
June 1991
Representative Director, Managing Director, General Manager
in charge of President’s Office and Human Resources Division,Head Office[Reappointment]
November 1992 Representative Director, Senior Managing Director, General
Manager in charge of President’s Office
Kenichi Asanuma
1,746,450
June 1995
Representative Director and President(December 17, 1950)
June 2004
Representative President and C.E.O.
December 2011 Representative President, C.E.O.
Officer in charge of Business Headquarters
April 2012
Representative President, C.E.O.
General Officer in charge of Business Headquarters
April 2013
Representative President, C.E.O. (to present)[Significant concurrent positions]・Representative Director and President, ASANUMA TATEMONO K.K.
・President, Asanuma Construction Ltd., International[Reason for nomination as candidate for Director]
Mr. Asanuma has been nominated as a candidate for Director for his background as set forth above and with his extensive
experience in corporate management acquired through his years as Representative Director of the Company.
There are no special interests between the Company and Mr. Asanuma.

Name(Date of birth)

Past experience, positions
and significant concurrent positions
April 1973
September 2003

2Note:

Number ofshares of theCompany held

Joined the Company
General Manager, Marketing & Sales Section No.2,
Osaka Main Office
June 2007
Managing Officer, Officer in charge of Tokyo Main Office
June 2008
Representative Director, Managing Officer,
Officer in charge of Tokyo Main Office
June 2009
Director, Managing Officer,[Reappointment]
Officer in charge of Tokyo Main Office
14,000April 2011
Director, Managing Officer
Shinji Hirota
Officer stationed at Tokyo Main Office(July 15, 1950)
April 2012
Director, Managing Officer
Deputy General Officer in charge of Business Headquarters
April 2013
Director, Managing Director
Officer in charge of Building Construction Headquarters
April 2017
Director, Senior Managing Officer
Officer in charge of Building Construction Headquarters (topresent)[Reason for nomination as candidate for Director]
Mr. Hirota has been nominated as a candidate for Director for his background as set forth above and with his extensive
experience in overall operations and management, mainly within the Company’s building construction business.
There are no special interests between the Company and Mr. Hirota-4-No.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldJune 2002

3

Note:No.

Joined Sumitomo Mitsui Banking Corporation
General Manager, Shinjuku Corporate Banking Dept. II
June 2003
Senior Manager, Tokyo Head Office
April 2004
General Manager, Nagoya Corporate Banking Dept. IIApril 2006
Senior Manager, Internal Audit Dept.
June 2007
Joined the Company
Executive Officer, in charge of Building Construction Marketing& Sales, Tokyo Main Office[Reappointment]
April 2012Managing Officer,
Deputy General Officer in charge of Business Headquarters
22,000Morio Yamakoshi
June 2012
Director, Managing Officer,(September 3, 1955)
Deputy Officer in charge of Business Headquarters
January 2013
Director, Managing Officer,Officer in charge of President’s Office
April 2015
Director, Managing Officer,
Officer in charge of President’s Office and Overseas Operations
April 2017
Director, Senior Managing Officer,
Officer in charge of President’s Office and Overseas Operations(to present)[Reason for nomination as candidate for Director]
Mr. Yamakoshi has been nominated as a candidate for Director for his background as set forth above and with recognition
to his management experience and insight, acquired through his career in a financial institution, along with the fact that hehas extensive knowledge in overall operations, mainly within the Company’s Main Office and its Overseas Operations.
There are no special interests between the Company and Mr.Yamakoshi.

Name(Date of birth)

Past experience, positions
and significant concurrent positions
April 1974
October 2003

4

Note:

Number ofshares of theCompany held

Joined the Company
General Manager Civil Engineering Division,
Osaka Main Office
October 2007
General Manager in charge of Civil Engineering Division,
Osaka Main Office
April 2009
Deputy General Manager in charge of Osaka Main Office(in charge of Civil Engineering)
April 2010
Executive Officer, Deputy Officer in charge of Osaka Main
Office (in charge of Civil Engineering),
Deputy Officer in charge of Corporate Planning Headquarters(in charge of Civil Engineering)
December 2011 Executive Officer, Deputy Officer in charge of Osaka Main
[Reappointment]
Office (in charge of Civil Engineering),
Deputy Officer in charge of Business Headquarters
17,000
Tatsuyuki Kojima(in charge of Civil Engineering)(June 13, 1950)
April 2012
Executive Officer,
Officer in charge of Civil Construction Headquarters
June 2012
Director, Executive Officer,
Officer in charge of Civil Construction Headquarters
April 2014
Director, Managing Officer,
Officer in charge of Civil Construction Headquarters
April 2015
Director, Managing Officer,
Officer in charge of Civil Construction Headquarters and Safety
Control & Environmental Management DivisionApril 2017
Director, Senior Managing Officer,
Officer in charge of Civil Construction Headquarters and Safety
Control & Environmental Management Division (to present)[Reason for nomination as candidate for Director]
Mr. Kojima has been nominated as a candidate for Director for his background as set forth above and because he has
extensive experience in overall operations and management, mainly within the Company’s civil construction business.
There are no special interests between the Company and Mr. Kojima.

-5-No.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldApril 1968
October 2006

5Note:

No.

Joined the Company
General Manager, Building Construction Department,
Hiroshima Branch[Reappointment]
July 2008
General Manager, Building Construction Department,Osaka Main Office
April 2009
Executive Officer, Deputy Officer in charge of Tokyo Main
Takashi Ueda
55,000
Office (in charge of Building Construction)(September 11,April 2012Managing Officer, Officer in charge of Osaka Main Office1949)
June 2014
Director, Managing Officer,
Officer in charge of Osaka Main OfficeApril 2017
Director stationed in Osaka Main Office (to present)[Reason for nomination as candidate for Director]
Mr. Ueda has been nominated as a candidate for Director for his background as set forth above and because he has
extensive experience in overall operations and management, mainly within the building construction business of theCompany’s Osaka Main Office.
There are no special interests between the Company and Mr. Ueda.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldApril 1980
April 2012

6Note:No.

Joined the Company
General Manager, Building Construction Department, Tokyo[New appointment]
Main Office
January 2016
Deputy General Manager of Tokyo Main Office
3,097
Yuichi Tateishi(in charge of Building Construction)(December 26, 1955) April 2016
Managing Officer, Officer in charge of Tokyo Main Office(to present)[Reason for nomination as candidate for Director]
Mr. Tateishi has been nominated as a candidate for Director for his background as set forth above and because he has
extensive experience in overall operations and management, mainly within the building construction business of theCompany’s Tokyo Main Office.
There are no special interests between the Company and Mr. Tateishi.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldApril 1970
June 1995
June 1998
March 2004
April 2004

7

Notes:

Joined NHK (Japan Broadcasting Corporation)
News Commentator
Chief News Commentator[Reappointment]
Retired from NHK[Outside Director]
Visiting Professor, Tokyo University of Agriculture andTechnology, Graduate School (Retired in March 2005)
Hiroyasu Saito
April 2005
Professor, College of Humanities and Director,(March 17, 1947)
Media Education Center, Chubu University(Retired in March 2015)
June 2015
Specialist Committee Member,
NHK Global Media Services, Inc. (to present)
June 2016
Outside Director of the Company (to present)[Reason for nomination as candidate for Outside Director]
Mr. Saito has been nominated as a candidate for Outside Director for his background as set forth above, and because theCompany believes that his extensive knowledge, expertise and experience as a journalist would be beneficial to ensuring
the legality of business execution of the Company.
1. There are no special interests between the Company and Mr. Saito.
2. Mr. Saito will have served as an Outside Director of the Company for one year at the conclusion of this year’s AnnualGeneral Meeting of Shareholders.
3. The Company has concluded a limitation of liability agreement with Mr. Saito to limit his liability to the amountstipulated by laws and regulations so that he may fully perform his duties as Outside Director.
4. The Company has designated Mr. Saito as an Independent Officer and has notified the Tokyo Stock Exchange as such.

-6-No.

Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany heldApril 1971

8Notes:Joined the Ministry of Construction (current Ministry of Land,
Infrastructure, Transport and Tourism)
October 1999
Director-General, Shikoku Region Construction Bureau (currentShikoku Regional Development Bureau, Ministry of[New appointmen]Construction)[Outside Director]
November 2001 Director, Water Resources Development Public Corporation(current Japan Water Agency)
Masafumi Fukuda
May 2008
Head Director, Shikoku Kensetsu Kosaikai Inc Association(August 25, 1944)(Shikoku Create Association) (to present)[Significant concurrent positions]
・Visiting Professor, Kochi University of Technology[Reason for nomination as candidate for Outside Director]
Mr. Fukuda has been nominated as a candidate for Outside Director for his background as set forth above, and because theCompany believes that his extensive knowledge, expertise and experience acquired from having been involved in theconstruction field for many years would be beneficial to ensuring the legality of business execution of the Company.
1. There are no special interests between the Company and Mr. Fukuda.
2. The Company plans to conclude a limitation of liability agreement with Mr. Fukuda to limit his liability to the amountstipulated by laws and regulations so that he may fully perform his duties as Outside Director.
3. The Company will designate Mr. Fukuda as an Independent Officer as provided for by the Tokyo Stock Exchange, upon
his appointment as Outside Director.

-7-Proposal 3:

Election of One (1) Statutory Auditor

The term of office of Statutory Auditor, Mamoru Yamawaki will expire at the conclusion of this year’s
Annual General Meeting of Shareholders. Accordingly, the election of one (1) Statutory Auditor is proposed.
The Board of Statutory Auditors has previously given its approval to this proposal.
The candidate is as follows:
Name(Date of birth)

Past experience, positions
and significant concurrent positions

Number ofshares of theCompany held

April 1978

Registered as Attorney
Joined Ryojiro Kishimoto Law Firm
April 1980
Joined Ono and Yamawaki Law Firm
April 1990
Established Yamawaki Law Firm
June 2012
Substitute Statutory Auditor of the Company
Mamoru Yamawaki
June 2013
Statutory Auditor (to present)(July 11, 1946)[Significant concurrent positions]・Auditor-Secretary of Sanshuukai Social Welfare Corporation[Reason for nomination as candidate for Outside Statutory Auditor]
Mr. Yamawaki has been nominated as a candidate for Outside Statutory Auditor for his background as set forth above, and so hecan utilize his wealth of expertise and extensive experience as an attorney in the audits of the Company.
[Reappointment][Outside Statutory
Auditor]

Notes:

1. There are no special interests between the Company and Mr. Yamawaki.
2. Mr. Yamawaki will have served as an Outside Statutory Auditor of the Company for four years at the conclusion of thisyear’s Annual General Meeting of Shareholders.
3. The Company plans to conclude a limitation of liability agreement with Mr. Yamawaki, if he is appointed as OutsideStatutory Auditor, to limit his liability to the amount stipulated by laws and regulations so that he may fully perform hisduties as Outside Statutory Auditor.
4. The Company has designated Mr. Yamawaki as an Independent Officer and has notified the Tokyo Stock Exchange assuch.

-8-