SPARX Group Co. Ltd. at the Board of Directors resolved a proposal for appointment of directors to be submitted to the Ordinary General Meeting of Shareholders of the Company scheduled for June 7, 2017. Director to be Newly Appointed are Tadahiro Fujimura presently Representative Director, Managing Executive Officer, CIO at SPARX Asset Management Co. Ltd. and Kimikazu Noumi presently Advisor at J-Will Corporation Ltd, Outside Director at Wismettac Nishimoto HD Co. Ltd. and Konica Minolta Inc.