SUZUKEN : Notice Regarding Acquisition of Treasury Shares by Own Share Repurchase Trading (ToSTNeT-3) (Acquisition of treasury shares in accordance with the Articles of Incorporation pursuant to the provision of Article 459, Paragraph 1 of the Companies Act)

Press Release Suzuken Co., Ltd.

Hiromi Miyata, President and CEO (Stock Code: 9987)

May 15, 2017

Securities Traded: First Sections of the Tokyo and Nagoya Stock Exchanges and the Sapporo Securities Exchange

Contact: Shigeru Asano, Director and Senior Executive Officer; Senior General Manager, Corporate Management Headquarters

Tel.: [phone]

Notice Regarding Acquisition of Treasury Shares by Own Share Repurchase Trading (ToSTNeT-3) (Acquisition of treasury shares in accordance with the Articles of Incorporation pursuant to the provision of Article 459, Paragraph 1 of the Companies Act)

Suzuken Co., Ltd. (hereinafter the "Company") announced today that it has decided the specific method for an acquisition of treasury shares in accordance with the Articles of Incorporation pursuant to the provision of Article 459, Paragraph 1 of the Companies Act, items pertaining to which were resolved by the Board of Directors on May 11, 2017. Details are as follows.

1. Method of Acquisition

   The Company will place an order to purchase shares at 8:45 a.m. on May 16, 2017 through the own share repurchase trading (ToSTNeT-3) of Tokyo Stock Exchange, Inc. The acquisition price will be the closing price of the Company's shares today (May 15, 2017), ¥3,570. (This will not be changed to another transaction system or time). The buy-order will be placed only at this time.

2. Acquisition Details

1. Type of Shares to Be Acquired Shares of common stock

2. Number of Shares to Be Acquired 2,200,000 shares

3. Announcement of Acquisition Result The acquisition result will be announced after the transaction is complete at 8:45 a.m.

(Notes) 1. The number of shares to be acquired will not be changed. However, it is possible that some or all of the shares will not be acquired due to market fluctuations, etc.

2. The repurchase will be conducted based on buy-orders corresponding to the planned number of shares to be acquired.

(Reference) Details of Resolution to Acquire Treasury Shares (Announced on May 11, 2017)

1. Type of Shares to Be Acquired Shares of common stock

2. Number of Shares to Be Acquired 2,200,000 shares (upper limit)

   (Ratio of total number of issued shares (excluding treasury shares) 2.28%)

3. Total Amount of the Acquisition Price of the Shares ¥8.5 billion (upper limit)

4. Acquisition Period May 15, 2017 to June 30, 2017