Kakaku com : Notice Concerning Change of Directors and Officers

For Immediate Release

May 10, 2017

(English translation from the original Japanese-language document released on May 10, 2017 at 11:40 (GMT+9))

Company name: Kakaku.com, Inc. Representative: Shonosuke Hata, President and Representative Director (Stock code: 2371; First Section of the Tokyo Stock Exchange)

Contact: Ichiro Sakuta, Senior Managing Executive Officer, General Manager of Administration Division

Phone: [phone]

Notice Concerning Change of Directors and Officers

Kakaku.com Inc. (the "Company") hereby announces the following changes of officers resolved at a meeting of the Board of Directors held on May 10, 2017. These changes are scheduled to be formally decided at the Company's 20th Ordinary General Meeting of Shareholders.

Change of Officers (scheduled to take effect following the General Meeting of Shareholders to be held on June 21, 2017)

1. Change of Directors

2. Newly appointed director candidates Director Kaoru Hayashi

   Director Minoru Tanaka

   Director Shonosuke Hata

   Director Kenji Fujiwara

   Director Hajime Uemura

   Director Shingo Yuki

   Director Atsuhiro Murakami

   Director Yoshiharu Hayakawa (External Director and Independent Officer) Director Shiho Konno (External Director and Independent Officer) Director (* Norihiro Kuretani (External Director)

   Director (* Tomoharu Kato (External Director and Independent Officer) (* Newly appointed

3. Career summary of newly appointed directors Name Norihiro Kuretani

   Date of birth December 3, 1965

   Career summary April 1988 Joined DENTSU INC.

   July 2012 Deputy Director, MC Planning Division, DENTSU Inc. June 2016 Director, cyber communications inc. (current position)

   Director, D2C Inc. (current position)

   July 2016 Director, Dentsu Digital Inc.

   Director, Digital Platform Center, DENTSU INC. January 2017 Executive Officer, DENTSU INC.

   Representative Director and CEO, Dentsu Digital Inc. (current position)

   Director, Video Research Interactive Inc. (current position) March 2017 Director, Information Services International-Dentsu, Ltd.

   (current position)

   Director, Dentsu Aegis Japan Inc. (current position) Director, Dentsu Digital Holdings Inc. (current position)

   No. of shares owned: 0 shares (as of March 31, 2017)

   Name Tomoharu Kato

   Date of birth September 8, 1974

   Career April 1999 Joined Deutsche Securities (Currently Deutsche Bank) summary April 2000 Joined McKinsey& Company

   April 2004 Joined FIELDS CORPORATION, Manager, President's Office December 2007 Joined Unison Capital, Inc.

   On loan to AKINDO SUSHIRO CO., LTD., Manager, President's Office

   December 2008 Managing Director, AKINDO SUSHIRO CO., LTD. October 2012 Director and COO, AKINDO SUSHIRO CO., LTD.

   March 2014 Founder, Representative Director and President, Turnaround Management CO., LTD.

   June 2015 Joined XEBIO Co., Ltd.

   October 2015 Representative Director and President, XEBIO Co., Ltd. (current position)

   October 2015 Executive Vice President, XEBIO Co., Ltd. (current position) No. of shares owned: 0 shares (as of March 31, 2017)

4. Retiring directors

   Oki Matsumoto (currently External Director and Independent Officer) Nobuyuki Toya (currently External Director)

5. Change of auditors

6. Newly appointed auditor candidate

   Kaori Matsuhashi (newly appointed, External Auditor and Independent Officer)

7. Substitute auditor candidate

   Tetsuo Ito (re-appointed, External Auditor)

8. Career summary of newly appointed auditor

   Name	Kaori Matsuhashi
   Date of birth	June 7, 1969
   Career summary	April 1993	Joined TIS Inc.
   October 2002	Joined Century Audit (currently KPMG Azusa Audit)
   April 2006	Registered as Certified Public Accountant
   July 2006	Joined Asset Investors Corp.
   November 2006	Manager, Corporate Planning, Asset Investors Corp.
   March 2008	Executive Officer, MK Capital Management
   May 2009	Founder and Representative Director, Luminous Consulting
   (current position)
   Established Matsuhashi Kaori Certified Public Accountant
   Office (current position)
   June 2010	External Auditor, NTS Holdings Co., Ltd. (current position)
   June 2014	External Director, Spiber Inc. (current position)

   No. of shares owned: 0 shares (as of March 31, 2017

9. Career summary of substitute auditor candidate

   Name	Tetsuo Ito
   Date of birth	June 6, 1975
   Career	October 1997	Joined Century Audit (currently KPMG Azusa Audit)
   summary	April 2001	Registered as Certified Public Accountant
   February 2004	Joined New York Office of KPMG LLP
   December 2005	Established Ito Tetsuo Certified Public Accountant Office
   (current position)
   September 2006	Founder and Representative Director, Phoenix Accounting
   Group
   November 2009	Founder and Representative Partner, Omotesando Tax
   Corporation
   July 2014	CFO, Croesus Retail Asset Management Pte. Ltd. (current
   position)

   No. of shares owned: 0 shares (as of March 31, 2017

10. Retiring auditor

    Erica Okada (currently External Auditor and Independent Officer)

    Chairman and Director	Kaoru Hayashi
    President and Representative Director	Shonosuke Hata
    Director	Minoru Tanaka
    Director	Kenji Fujiwara
    Director	Hajime Uemura
    Director	Shingo Yuki
    Director	Atsuhiro Murakami
    External Director	Yoshiharu Hayakawa	(Independent Officer)
    External Director	Shiho Konno	(Independent Officer)
    External Director	Norihiro Kuretani
    External Director	Tomoharu Kato	(Independent Officer)

11. Directors and Officers (as of June 21, 2017) Directors

Auditors

Corporate Auditor	Hiroshi Maeno
External Auditor	Toshio Takano	(Independent Officer)
External Auditor	Kaori Matsuhashi	(Independent Officer)