On December 20, 2022, Mr. Shigeyoshi Miura started an activist campaign against Chuo Seisakusho, Ltd. by submitting a request to convene an Extraordinary General Meeting of Shareholders for the following proposals: (i) Dismissal of President Mr. Kuniyuki Goto: Since taking office, growth has continued to remain flat and there seems to be no specific growth strategy, (ii) 1:3 Stock Split: Liquidity is extremely low and not even 10,000 shares have been traded in a month, (iii) Dividend of 10 Yen per share: After the 1:3 stock split, pay a dividend of 10 Yen to return profits to shareholders, (iv) Cancellation of Treasury Stocks: To improve EPS and ROE, (v) 20% reduction in employee strength: To improve productivity as sales are stagnant.