May 10, 201７

Company name: Kanematsu Corporation Representative's name: Masayuki Shimojima, President

(Code number:8020 First Section of the Tokyo Stock Exchange)

Inquiries to be sent to: Tetsuro Tsutano, Finance Dept., General Manager

(TEL:03-5440-8000)

Notice of Partial Revision of the Articles of Incorporation

Kanematsu Corporation (the "Company") announces that the Board of Directors of the Company resolved at its meeting held on May 10, 2017 to submit a proposal relating to the partial revision of the Articles of Incorporation of the Company to the 123rd Ordinary General Meeting of Shareholders scheduled to take place on June 23, 2017.

  1. Reasons for the Partial Revision of the Articles of Incorporation

    1. The Company will change the total number of issuable shares prescribed in Article 6 of its current Articles of Incorporation (Total Number of Issuable Shares) from 1,016,653,604 shares to 200,000,000 shares subject to the approval of the consolidation of shares at the 123rd Ordinary General Meeting of Shareholders scheduled to take place on June 23, 2017.

    2. Respecting the point of the Action Plan for Unifying Trading Units announced by securities exchanges nationwide, the Company will revise Article 7 of its current Articles of Incorporation (Number of Shares Constituting One Unit) in order to change the number of shares constituting one unit from 1,000 shares to 100 shares.

    3. The Company will set an additional clause stating that revisions made to Article 6 (Total Number of Issuable Shares) and Article 7 (Number of Shares Constituting One Unit) of its current Articles of Incorporation shall take effect on the effective date for the consolidation of shares, and will delete this additional clause from its Articles of Incorporation once the effective date for the consolidation of shares has passed.

    4. Details of the Revision of the Articles of Incorporation The details of the revision are as shown below.

      5. (Underlines show revised sections.)

      Current Articles of Incorporation

      Proposals for revision

      Articles 1 to 5: (The provisions are omitted.) Article 2: Shares

      Article 6: Total Number of Issuable Shares The total number of issuable shares of the Company shall be 1,016,653,604 shares.

      Article 7: Number of Shares Constituting One Unit

      The number of shares of the Company constituting one unit shall be 1,000 shares.

      Omission (Established anew)

      Articles 1 to 5: (The provisions are not revised.) Article 2: Shares

      Article 6: Total Number of Issuable Shares

      The total number of issuable shares of the Company shall be 200,000,000 shares.

      Article 7: Number of Shares Constituting One Unit

      The number of shares of the Company constituting one unit shall be 100 shares.

      Omission

      Additional clause: Revisions made to Articles 6 and 7 of the Articles of Incorporation shall take effect on October 1, 2017. This additional clause shall

      be deleted after the passage of October 1, 2017.

    Kanematsu Corporation published this content on 10 May 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 23 May 2017 04:32:06 UTC.

    Original documenthttp://www.kanematsu.co.jp/en/press/files/TSE/Notice_of_Partial_revision_of_the_Articlkes_of_Incorporation_20170510.pdf

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