Today, business report, balance sheet and profit and loss statement for the 37th fiscal term (a year ended on March 31, 2011) were announced at the ordinary general meeting of shareholders, and all the agendas were approved as follows.

Agenda 1

Appropriation of Surplus for the 37th Fiscal Term

This issue was approved and resolved as originally proposed.

The year-end dividend for the term was decided to be 131 yen per share.

Agenda 2

Partial Amendments to the Articles of Incorporation

This issue was approved and resolved as originally proposed.

Agenda 3

Election of Twelve (12) Directors

This issue was approved and resolved as originally proposed.

Mr. Isao Minabe, Mr. Naomi Kumakiri, Mr. Akio Inada, Mr. Hideki Asano, Mr. Takashi Igawa, Mr. Hideyuki Nakaita, Mr. Hitoshi Kadouchi, Mr.Shuji Nakada and Mr. Hiroshi Kawaguchi were re-elected as Directors; and Mr. Tomoyuki Nishimura, Mr. Yujiro Sasamoto and Mr. MarcusMerner were newly elected as Directors. Each of them has assumed their respective office.

Mr. Yujiro Sasamoto and Mr. Marcus Merner are Outside Directors.

Agenda 4

Granting of Retirement Benefits to Retiring Directors and Payment of Retirement Benefits for Termination Resulting from the Abolition of Retirement Benefits System

This issue was approved and resolved as originally proposed.

Retirement benefits capped at 3,018,600,000 yen will be paid to retiring Directors, Mr. Katsumi Tada, Mr. Hisaharu Jin and Mr. Tetsuzo Nakasato, to reward them for their service during their tenure. The decisions on the specific date, method of payment, etc. of the retirement benefits shall be entrusted to the Board of Directors.

Additionally, in conjunction with the decision to abolish the retirement benefits system, retirement benefits corresponding to their respective terms of office up until the conclusion of this Ordinary General Meeting of Shareholders, totaling 215,300,000 yen shall be paid to the nine (9) incumbent Directors (excluding Outside Directors). The payment of retirement benefits shall be made individually at the time of the retirement of the Directors, and the payment method, etc. shall be left to the discretion of the Board of Directors.

Agenda 5

Issuance of Subscription Rights to Shares in the form of Stock Options for Stock-linked Compensation to Directors

This issue was approved and resolved as originally proposed.

Subscription rights to shares of up to 530 million yen per year shall be issued as remuneration relating to stock options as stock-linked compensation to Directors (excluding Outside Directors) for the purpose of making the link between the Company’s business performance and stock value clearer in the Director’s remuneration system, giving them greater motivation to make contributions to improve business performance and increase enterprise value in the medium and long run, and facilitating their sense of sharing value with shareholders.