April 1, 2016►March 31, 2017 Daitobo Co., Ltd. Securities code: 3202
Dear Shareholders,
Kazuhiro Yamauchi Please allow me to begin by extending my heartfelt gratitude to our shareholders for their continued patronage and support. I would like to make a brief statement on the Group's performance for the 197th fiscal year together with the Notice of Resolutions for the 197th Annual General Meeting of Shareholders for your perusal. During the fiscal year under review, the Japanese economy continued moderate growth against the backdrop of an extremely accommodative financial environment and the effects of large-scale economic measures by the government. Under these circumstances, the Group united in efforts to undertake managerial initiatives based on the "Bridge to the Future" Mid-term Management Plan. As a result, although net sales for the fiscal year under review decreased due to the structural reorganization in the textile and apparel business implemented in the prior fiscal year, all llevels of profit from operating income and below outperformed both the results for the previous fiscal year and the business results forecast. Based on our management philosophies of f fostering a spirit of enterprise and of helping others through self-help, the Group will strive to further improve corporate value. We appreciate our shareholders' continued support and guidance. June 2017 Financial Results Highlights ■ Net sales ■ Operating income ■ Ordinary income ■ Profit attributable to owners of parent (Millions of yen)
Please provide us with a summary of the fiscal year ended March 2017. Based on the "'Bridge to the Future"' Mid-term Management Plan that we launched in the fiscal year under review, we placed the utmost priority on "strengthening our finan- cial position,"  "establishing a robust platform for our core businesses," and "ensuring a higher level of earnings," and achieved much better results than planned. In addition, this fiscal year has been one in which we undertook various new reforms on the occa- sion of the 120th anniversary milestone. Some of these reforms include changing the company name, relocating the head office, entering into e-commerce business, intro- ducing a shareholder benefit program, procuring long-term, stable funding with a syndi- cated loan, and forming capital and business alliances with major customers in the com- mercial property business and the health care business, which are our main businesses.
Please tell us about the outlook for the fiscal year ending March 31, 2018.
A Japan's economy is likely to continue to maintain a moderate recovery trend. Under these circumstances, the Group is proceeding with each business strategy based on the "Bridge to the Future" Mid-term Management Plan and is also considering embarking on new businesses, including expansion of the e-commerce business that was com- menced in the fiscal year under review and the development of new business based on capital and business alliances. As a result, we anticipate that the Group’s performance will continue to transition to a stable profit trend, and we are forecasting increases in sales and income over the previous fiscal year. However, based on the current busi- ness environment, we revised and announced the outlook in the Mid-term Management Plan for net sales and all levels of profit from operating income and below due to our assessment that it would be appropriate to make con- servative estimates for net sales in the sluggish textile and apparel business as well as the health care business. As we start a new fiscal year, the Group is united in devoting its utmost efforts to effectively achieve target figures.
Please tell us about the next fiscal year and beyond.
A We plan to move ahead with a preliminary study for additional development of our commercial facility SUN TO MOON Kakitagawa during the current fiscal year and hope to make this a pillar of the next Mid-term Management Plan, depending on its progress. Going forward, we will strive to further increase our profit levels, partly with a view to restoring dividends, and further improve our corporate value. The Daitobo Group will take on the challenge of pur- suing infinite possibilities with the power of ideas cultivated from over 120 years of tradition, and we would like to ask our shareholders for their continued support.
Business results by segment
Segments correspond to the graphs as follows. (Millions of yen)
Commercial property business
Daitobo's commercial properties are the go-to place for pleasant lifestyles. We will offer enriched living space based on our vision of "creating space that delights our customers."
Health care business
In response to the aging population and rising health con- sciousness, the Company supports the healthy and com- fortable life of customers with products drawing on our proprietary technology. Our strength lies in the high tech- nological ability of the Group's domestic production bases. Corporate Overview/Status of Shares (as of March 31, 2017)
ll  Corporate Overview

February 27, 1896 ¥1,500,000,000
‖ Status of Shares
96,000,00 shares 30,000,00  shares Total number of shares authorized to be issued Total number of shares issued Total number of shareholders 7,011
● Breakdown of Shares by Type of Shareholder (Shareholding ratio) Financial institutions (12.31%) ■ Individuals and other (72.24%) Foreign shareholders (2.59%) Securities companies (5.21%)    ■ National and local governments (0.00%)
lextile and apparel business
Daitobo will satisfy the diverse needs of our customers, from apparel fashion to uniforms, based on its vision of "creating products that delight our customers." Nagoya Sales Office Marukashiwa Tama Building, 6-1 Nihonbashihoncho 1-chome, Chuo-ku, Tokyo, Japan +81-3-6262-6565 Meiji Sangyo Building 2, 17-9 Honmachi 4-chome, Ichinomiya-shi, Aichi, Japan +81-586-23-4811 3-6 Minamikyuhojimachi 2-chome, Chuo-ku, Osaka, Japan +81-6-6262-8322 Daitobo Estate Co., Ltd. (Shizuoka) Niigata Daitobo Co., Ltd. (Niigata) DAITOBOSHOKU (SHANGHAI) CORPORATION (China) Osaka Sales Office Group companies
ll  Members of the Board of Directors
President and Representative Director Vice President and Representative Director Director and Executive Officer Outside Director Director (Audit and Supervisory Committee Member) Outside Director (Audit and Supervisory Committee Member) Outside Director (Audit and Supervisory Committee Member) Outside Director (Audit and Supervisory Committee Member) Notes: 1. Messrs. Yasunobu Sawada, Haruki Iinuma, Takashi Kagami and Shusaku Oku- mura are Outside Directors (independent directors). 2. The Company has an Audit and Supervisory Committee which is composed of Kazuhiro Yamauchi Toshiyasu Nomura Shogo Mieda Yasunobu Sawada Yuji Kakuma Haruki linuma Takashi Kagami Shusaku Okumura ■ Other domestic corporations (7.65%) (Securities Code 3202) June 27, 2017 Kazuhiro Yamauchi President and Representative Director Daitobo Co., Ltd. 1-6-1 Nihonbashihon-cho, Chuo-ku, Tokyo, Japan
We would like to express our appreciation for your continued support and patronage. We hereby inform you that the following matters were reported and resolutions made at the 197th Annual General Meeting of Shareholders of Daitobo Co., Ltd. (the "Company") held today. Matters
The Business Report, Non-Consolidated Financial Statements, and Consolidated Financial Statements for the Company's 197th Fiscal Year (April 1, 2016 - March 31, 2017) and results of audits by the Accounting Auditor and the Audit and Supervisory Committee of the Consolidated Financial Statements The particulars of the abovementioned Business Report, Non-Consolidated Financial Statements, and Consolidated Financial Statements, and results of audits of the Consolidated Financial Statements were reported. Proposals resolved: Proposal: Election of Four (4) Directors (Excluding Directors Serving as Audit and Supervisory Committee Members) The proposal was approved and resolved as originally proposed, and four (4) Directors (excluding Directors serving as Audit and Supervisory Committee Members), Messrs. Kazuhiro Yamauchi, Toshiyasu Nomura, Shogo Mieda, and Yasunobu Sawada, were elected and assumed their respective offices. In addition, through a resolution made at the Board of Directors' meeting held after the conclusion of the Annual General Meeting of Shareholders, the following Representative Directors were appointed and assumed their respective offices. President and Representative Director Vice President and Representative Director Kazuhiro Yamauchi Toshiyasu Nomura End
Information for Shareholders

IR information Please visit the Company's website with IR information such as summary of financial results and se- curities report, as well as the latest financial information and matters for timely disclosure. http://www.daitobo.co.jp/ir/ Daitobo Co., Ltd. http://www.daitobo.co.jp/ For inquiries regarding this report, please contact: Business Management Headquarters TEL: +81-3-6262-6565