YOKOWO : NOTICE OF RESOLUTION OF THE 79th ORDINARY GENERAL MEETING OF SHAREHOLDERS (36KB)

This document is a translated extract of the Japanese original and is provided for reference purposes only.

In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for any damages, direct or indirect, arising from the translation.

(Securities code: 6800)

June 29, 2017

To Our Shareholders:

Takayuki Tokuma

Representative Director, President and Executive Officer

Yokowo Co., Ltd.

1. Takinogawa 7-chome, Kita-ku, Tokyo, Japan

   NOTICE OF RESOLUTION OF THE 79TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

   Dear Shareholder,

   We are pleased to provide you with a summary of the reports made and resolutions adopted at the 79th Ordinary General Meeting of Shareholders of Yokowo Co., Ltd. (the "Company"), held this day, as follows:

   Matters Reported:

2. Business Report, Consolidated Financial Statements for the Company's 79th Fiscal Year (from April 1, 2016 to March 31, 2017), and results of audits by the Accounting Auditor and Audit & Supervisory Board of the Consolidated Financial Statements

   The particulars of the Business Report, Consolidated Financial Statements, and results of the audits of the Consolidated Financial Statements were reported.

3. Non-Consolidated Financial Statements for the Company's 79th Fiscal Year (from April 1, 2016 to March 31, 2017)

The particulars of the Non-Consolidated Financial Statements were reported.

Proposals Resolved: Proposal No. 1: Distribution of Surplus

The proposal was approved and adopted as proposed. It was decided to pay year-end dividends of 12 yen per share (for a total of 241,451,880yen). Because an interim dividend of 6 yen per share had been paid out, the annual dividend for the fiscal year ended March 31, 2017 amounted to 18 yen per share.

Proposal No. 2: Election of Five Directors

The proposal was approved and adopted as proposed. Messrs. Takayuki Tokuma, Kouichi Fukagawa, Kenji Yokoo, Shuji Ohashi and Ms. Kuniko Muramatsu were elected as Directors, and each of them assumed office. Mr. Shuji Ohashi and Ms. Kuniko Muramatsu are Outside Directors.

Proposal No. 3: Election of One Audit & Supervisory Board Members

The proposal was approved and adopted as proposed. Mr. Tooru Furuta was elected as an Audit & Supervisory Board Member and assumed office. Mr. Tooru Furuta is an Outside Audit & Supervisory Board Member.

Proposal No. 4: Revision of Compensation for Directors

The proposal was approved and adopted as proposed, enabling the payment of bonuses for Directors by resolution of the Board of Directors in addition to the compensation for Directors within the limit of 280 million yen per year (the previous limit was maintained), and increasing the limit of the compensation for Outside Directors to 20 million yen per year, which is included in the aforementioned limit.

Proposal No. 5: Continued Implementation of Measures against Large-Scale Purchases of the Company's Shares, etc. (Anti-takeover Measures)

The proposal was approved and adopted as proposed.

* * * * * *

In addition, at meetings of the Board of Directors and the Audit & Supervisory Board held following the close of the Ordinary General Meeting of Shareholders, the new corporate officer system was determined as follows.

＜Directors＞

Representative Director, President and Executive Officer Takayuki Tokuma Director and Senior Managing Executive Officer Kouichi Fukagawa

Director and Managing Executive Officer Kenji Yokoo

Outside Director Shuji Ohashi

Outside Director Kuniko Muramatsu

＜Audit & Supervisory Board Members＞

Audit & Supervisory Board Member Yasushi Mashimo

Outside Audit & Supervisory Board Member Tooru Furuta

Outside Audit & Supervisory Board Member Toshiaki Tochigi

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