Multi-stakeholder Policy

If you wish to liquidate your odd-lot shares, you may request the Company to purchase your odd-lot shares (less than 100 shares), which cannot be traded in the market, and sell them to you. (2) The Company will purchase the number of shares that will make up one unit (100 shares) together with the number of shares that make up less than one unit (tangen miman kabushiki).

• Odd-lot share purchase program

  1. In the case of 40 shares
     • 40 shares The Company will purchase the shares.
  2. For 130 shares held
     • 100 shares (share unit)
     • 30 shares The Company will purchase the shares.

• Odd-lot share purchase program

  1. For a shareholder owning 60 shares
     • 40 shares can be purchased to make 100 shares (share unit).
  2. If you own 780 shares
     • You can buy 20 more shares to make a total of 800 shares (share unit).

Effective Monday, January 5, 2009, the electronic share certificate system for listed companies has been implemented. In accordance with this change, all share certificates of the Company will become invalid, and the rights of shareholders will be electronically managed in accounts at securities companies and other financial institutions, so the following procedures have been applied for.

1. Application for payment of unpaid dividends after dematerialization of share certificates

   As in the past, please continue to apply to the following shareholder registry administrator.

   record

   Administrator of Shareholders' Register
   4-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
   Sumitomo Mitsui Trust Bank, Limited
   Sumitomo Mitsui Trust Bank, Limited
   Sumitomo Mitsui Trust Bank, Limited 8-4, Izumi 2-chome, Suginami-ku, Tokyo 168-0063, Japan
   Mailing address] Stock Transfer Agency Department, Sumitomo Mitsui Trust Bank, Limited
   Sumitomo Mitsui Trust Bank, Limited Stock Transfer Agency Department
   Toll-free: 9:00 a.m. to 5:00 p.m. on weekdays
   Sumitomo Mitsui Trust Bank, Limited, branches nationwide

2. For requests for change of address, purchase of additional shares to make up one unit, designation of dividend payment method, etc. after dematerialization of share certificates

   (1) Shareholders whose share certificates are deposited with Japan Securities Depository Center, Inc:
   Securities companies, etc.
   (2) Shareholders who do not have share certificates deposited with Japan Securities Depository Center, Inc:
   The following account management institutions where special accounts are opened

   record

   Account Management Institution
   Sumitomo Mitsui Trust Bank, Limited 1-4-1 Marunouchi, Chiyoda-ku, Tokyo
   Sumitomo Mitsui Trust Bank, Limited
   Sumitomo Mitsui Trust Bank, Limited 8-4, Izumi 2-chome, Suginami-ku, Tokyo 168-0063, Japan
   Sumitomo Mitsui Trust Bank, Limited Stock Transfer Agency Department
   Telephone: 0120-782-031 (Toll-free: Weekdays 9:00 - 17:00)
   Toll-free: 9:00 a.m. to 5:00 p.m. on weekdays
   Sumitomo Mitsui Trust Bank, Limited Head office and all branches nationwide

With the computerization of stock certificates, in addition to the conventional method of designating a dividend transfer account, shareholders will be able to receive dividends for all issues they own through a single pre-registered deposit account, or through an account at a securities company. To ensure receipt of dividends, we recommend that you receive dividends by these transfers. For details, please contact your securities company.

Please refer to the following announcement for other information regarding the handling of electronic share certificates.

• Financial Services Agency, "Electronic Share Certificates https://www.fsa.go.jp/ordinary/kabuken/
  index.html
• Japan Securities Depository Center, "Book-entry Transfer System for Shares, etc." https://www.jasdec.com/system/less/outline/