Apr 16, 2018

Company name: Sugi Holdings Co., Ltd

Representative: Eiichi Sakakibara

Stock code 7649 1st Section, Tokyo Stock Exchange and Nagoya Stock Exchange

Contact: Makoto Kasai, General Manager,

Business Planning Division

Tel: 0562-45-2703

Notice regarding Determination of Matters Pertaining to Acquisition of Treasury Stock

(Acquisition of treasury stock under the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act)

Sugi Holdings Co., Ltd ("the Company") hereby announces the resolution of the Board of Directors meeting held on Apr 16, 2018, whereby matters associated with the Acquisition of Treasury Stock was decided in accordance to the provision of Article 459, paragraph 1 of the Company Act and Article 44 of the articles of incorporation.

１．Reason for acquisition of treasury stock

The Company will acquire treasury stock with the aim of improving shareholder return and capital efficiency.

２．Details of matters pertaining to acquisition

（１）

Class of shares to be

Common Shares

acquired

（２）

Total number of shares

1,500,000 shares（upper limit）

that can be acquired

（Ratio to total number of shares issued [excluding treasury stock]:

（３）

Total acquisition cost

10,000,000,000 yen （upper limit）

（４）

Acquisition period

Apr 23, 2018 to Oct 31, 2018

（５）

Acquisition method

Acquisition in the open market

2.37％）

（For reference）Holding of treasury stock as of March 31, 2018

  • （１） Total number of shares issued 63,314,067

    (excluding treasury stock]

  • （２） Number of shares of treasury stock

16,771

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Sugi Holdings Co. Ltd. published this content on 16 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 April 2018 07:26:05 UTC