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Investor Presentaiton

Notes: 1. There is no special interest between the Company and these candidates. 2. Mr. Takashi Kinoshita, Mr. Kimitaka Mori and Mr. Hiroshi Koike are the candidates for Outside Director. Although the three candidates have not engaged in the company management, we believe that they can perform duties as an outside Director based on "Reason for Selection as Outside Director Candidate Who Is an Audit and Supervisory Committee Member" stated above. 3. The Company has executed agreements with Mr. Takashi Kinoshita, Mr. Kimitaka Mori and Mr. Hiroshi Koike to limit their liability as provided for in Article 423, Paragraph 1 of the Companies Act. The maximum amount of such liability under such agreement shall be the amount stipulated by laws and regulations. If the election of the three candidates is approved, the Company intends to continue such agreement with them. If Mr. Masaki Ogata is elected, the Company intends to execute such agreement with him. 4. The Company has executed a directors and officers liability insurance agreement with an insurance company in accordance with Article 430-3, Paragraph 1 of the Companies Act. The insurance agreement covers the legal costs and damages incurred by the insured, including the Company's Directors, due to third-party lawsuits and shareholder derivative lawsuits; excluding in the event the Company pursues liability for damages against the insured. The insurance premiums are fully borne by the Company and the agreement is renewed annually. If each candidate is elected as Director, he will be the insured under this insurance agreement. 32
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