On September 8, 2020, Alphaleo Co., Ltd submitted a notification with the purpose of carry out advice and important proposals to the management in accordance to the circumstances. The following are the highlights of the proposals made: (1) Dismissal of Mr. Kiyotaka Kawasaki from Director, due to the fact that Mr. Kawasaki failed to disclose the connection between Inui and the legal profession corporation, of which he is a member, for 4 to 5 years. Alphaleo consider he lacks adequacy and should be dismissed from Inui's director.

(2) Abolition of Inui's measures for a large-scale takeover defense "takeover defense plan": even after the Extraordinary Meeting of Shareholders held in May 7, 2020, Alphaleo stated that serious defects are contained in the Plan, as stated below, thus, its abolition is necessary.