Fujimori Kogyo : Notice of Convocation Annual General Meeting 2021

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Securities Code: 7917 June 3, 2021

To our shareholders:

Eishi Fuyama

Representative Director, President

FUJIMORI KOGYO CO., LTD.

1-1-1 Koishikawa, Bunkyo-ku, Tokyo

Notice of the 91st Annual General Meeting of Shareholders

You are cordially informed of the 91st Annual General Meeting of Shareholders of FUJIMORI KOGYO CO., LTD. (the "Company"). The meeting will be held as described below.

In order to prevent the spread of the novel coronavirus disease (COVID-19), the meeting will also be available as an online livestream. We therefore recommend that you refrain from attending the meeting in person and, if at all possible, exercise your voting rights in advance via the internet or in writing.

Please examine the attached "Reference Documents for the General Meeting of Shareholders" and exercise your voting rights by 5:15 p.m. on Thursday, June 17, 2021 (JST).

1. Date and Time:Friday, June 18, 2021, at 10:00 a.m. (JST) (Reception will open at 9:20 a.m.)

2. Venue:	3F Shinjuku First West
	1-23-7Nishi-Shinjuku,Shinjuku-ku, Tokyo

3. Purpose of the Meeting: Matters to be reported:

1. Business Report, Consolidated Financial Statements, and Audit Reports for Consolidated Financial Statements by the Financial Auditor and the Audit and Supervisory Committee, for the 91st fiscal year (from April 1, 2020 to March 31, 2021)
2. Non-consolidatedFinancial Statements for the 91st fiscal year (from April 1, 2020 to March 31, 2021)

Matters to be resolved:

Proposal No. 1:Appropriation of Surplus

Proposal No. 2:Election of Eight Directors (Excluding Directors Who Are Audit and Supervisory Committee Members)

Proposal No. 3:Election of One Substitute Director Who Is an Audit and Supervisory Committee Member

Proposal No. 4:Determination on the Amount of Remuneration, etc. and Details Concerning the Grant of Shares With Transfer Restrictions to Directors (Excluding Directors Who Are Audit and Supervisory Committee Members, Outside Directors and Part-time Directors)

4. Handling of votes:

1. If shareholders duplicate the vote, such as by exercising the voting rights both via the Internet and in writing, we will consider only the Internet vote to be valid.
2. If you exercise voting rights several times via the Internet, only your final vote shall be deemed effective.
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• If you attend the meeting, we request that you submit the enclosed voting form to the reception at the meeting.
• If any revisions are made to the Reference Documents for the General Meeting of Shareholders, the Business Report, theNon-consolidated Financial Statements, and the Consolidated Financial Statements, the Company will post such revisions on the Company's website in Japanese only.
  [Company's website] https://www.zacros.co.jp

Measures to Prevent the Spread of COVID-19

• In order to avoid the risk of infection, we recommend that you refrain from attending the meeting this year, if at all possible, and exercise your voting rights in advance via the internet or in writing. The General Meeting of Shareholders will also be livestreamed via the internet with prior registration, so that shareholders can watch the proceedings even if they do not attend the meeting in person.
• Those who have high temperature and appear to be unwell may be approached by the meeting staff members and asked to refrain from entering the venue or refused entry. We appreciate your understanding.
• Please be sure to wear a face mask to protect yourself and the shareholders around from infection.
• We will providealcohol-based liquid hand sanitizer and ask for your cooperation in disinfecting your hands.
• The seating in the venue will be arranged with wider space between seats compared with typical years. It will be well ventilated inside the venue, and measures will be taken to disinfect the reception, seats and microphones, etc.
• The officers and meeting staff members will all wear masks at the venue including taking their temperature and checking their physical health.
• To shorten the time required to hold the meeting, questions will be limited to one asking, one question per person.
• Please check the Company's website (https://www.zacros.co.jp) as necessary, as there may be changes in the way the General Meeting of Shareholders is held due to future changes in circumstances.
  We ask you to excuse any inconvenience and for your understanding under these circumstances.

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Reference Documents for the General Meeting of Shareholders

Proposals and Reference Information

Proposal No. 1

Appropriation of Surplus

The Company proposes the appropriation of surplus as follows:

Year-end dividends

The Company regards improving the return of profit to shareholders and return on equity as one of its top priorities and, concerning profit distribution, has a basic policy of paying dividends in a stable and continuous manner while taking into account the dividend payout ratio, dividend on equity ratio, etc. according to the growth in business performance.

In accordance with this policy, the Company proposes to pay year-end dividends for the 91st fiscal year as follows: As the Company has already paid an interim dividend of ¥35 per share, the annual dividend will be ¥75 per share.

Year-end dividends

1. Type of dividend propertycash
2. Allotment of dividend property and their aggregate amount¥40 per common share of the Company
   Total dividends: ¥761,285,160
3. Effective date of dividends of surplusJune 21, 2021

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Proposal No. 2: Election of Eight Directors (Excluding Directors Who Are Audit and Supervisory Committee Members)

The terms of office of all eight Directors (excluding Directors who are Audit and Supervisory Committee Members; the same applies hereinafter in this proposal) will expire upon the conclusion of this General Meeting of Shareholders.

Therefore, the Company proposes the election of eight Directors.

As for this proposal, the Audit and Supervisory Committee of the Company has judged that all the candidates for Directors are eligible.

The candidates for Director are as follows:

Candidate				Attendance at
Name	Current position and responsibility in the Company	Board of
No.	Directors
				meetings
1	Akihiko Fujimori	Representative Director, Chairman	Reelection	100% (14/14)
2	Nobuhiko Fujimori	Representative Director, Vice	Reelection	100% (14/14)
Chairman
3	Eishi Fuyama	Representative Director, President	Reelection	100% (14/14)
		Director and Managing Executive
4	Kimihiko Shiomi	Officer	Reelection	100% (14/14)
General Manager of Information
		Electronics Business Head Office
		Director and Managing Executive
5	Tetsuro Oe	Officer	Reelection	100% (14/14)
General Manager of Life Science
		Business Head Office
6	Yukihiko Fujimori	Director	Reelection	100% (14/14)
7	Hiroshi Saga	Director and Senior Executive Officer	Reelection	100% (14/14)
General Manager of President Office
		Executive Officer
8	Taku Shimoda	General Manager of Advanced	New election	-
Medical Business Promotion
		Department

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Candidate	Name	Career summary, and position and responsibility in the	Number of
the
Company (Significant concurrent positions outside the
No.	(Date of birth)	Company's
	Company)
			shares owned
		Aug. 1969	Joined the Company
		Jan. 1977	Representative Senior Managing Director of
	Akihiko Fujimori		FUJIMORI SANGYO CO., LTD.
	June 1983	Representative Director, President of KYOWA
	(January 2, 1944)		KOGYO CO., LTD.
	Reelection	June 1986	Managing Director and General Manager of
		Planning Head Office of the Company
	Number of years in office	June 1988	Senior Managing Director and General Manager	453,000
	as a Director		of Sales Head Office
		shares
	35 years	June 1990	Representative Senior Managing Director
1	Attendance at Board of	June 1991	Representative Director, President
Jan. 1999	General Manager of Functional Materials
Directors meetings
	14/14		Division
	(100%)	Apr. 2002	General Manager of Business Planning
			Department
		Oct. 2013	Representative Director, Chairman (current
			position)
	[Reasons for nomination as candidate for Director]
	Akihiko Fujimori has served as Representative Director, President of the Company and has extensive experience
	and achievements as a corporate manager. Furthermore, since assuming office as Representative Director,
	Chairman, he has led the management of the Group and made every effort to enhance corporate value of the
	Company. Therefore, the Company believes that he will continue contributing to the management of the Company
	and has nominated him as a candidate for Director.
		Jan. 1987	Joined Nikka Ltd.
			Director and General Manager of Management
			Planning Office
	Nobuhiko Fujimori	June 1988	Director of the Company
	Apr. 1989	Managing Director of Nikka Ltd.
	(July 31, 1959)
	Mar. 1991	Representative Director, President of KYOWA
	Reelection		KOGYO CO., LTD.
	Number of years in office	Apr. 1992	Representative Director, President of Nikka Ltd.
	Apr. 1994	Representative Director, President of Fujimori	528,000
	as a Director
		PlaChemical Co., Ltd.	shares
	33 years
	June 2002	Director and Chairman
	Attendance at Board of
2	June 2002	Representative Director, Vice President in
	Directors meetings		charge of Overseas Business of the Company
	14/14
	Apr. 2003	General Manager of International Department
	(100%)
	Oct. 2013	Representative Director in charge of Overseas
			Department
		June 2014	Representative Director, Vice Chairman (current
			position)
	[Reasons for nomination as candidate for Director]
	Nobuhiko Fujimori has served as Representative Director, Vice President of the Company and has extensive
	experience and achievements as a corporate manager. Furthermore, since assuming office as Representative
	Director, Vice Chairman, he has led the management of the Group and made every effort to enhance corporate
	value of the Company. Therefore, the Company believes that he will continue contributing to the management of
	the Company and has nominated him as a candidate for Director.

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