SHOBIDO : 第75期定時株主総会招集ご通知（英文）

November 29, 2023

This document has been translated from a part of the Japanese original 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 direct, indirect or any other forms of damages arising from the translation.

(Securities code: 7819) December 7, 2023 (Start date of measures for electronic provision: November 30, 2023)

To Shareholders with Voting Rights:

Masahide Terada

Representative Director and

President

SHOBIDO Corporation

2-15-1 Konan, Minato-ku, Tokyo,

Japan

NOTICE OF

THE 75th ANNUAL GENERAL MEETING OF SHAREHOLDERS

We are pleased to inform you that the 75th Annual General Meeting of Shareholders (the "Meeting") of SHOBIDO Corporation (the "Company") will be held as described below.

In convening this Meeting, the Company has taken measures for electronic provision. Matters subject to electronic provision are posted on the following website on the internet.

The Company's website: https://www.shobido-corp.co.jp/ir/event/ (in Japanese)

In addition to the above, the matters are also posted on the following website on the internet.

Tokyo Stock Exchange website: https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

To find the matters provided electronically, please access the above website, enter and search the Company's name "SHOBIDO" or securities code "7819," and select "Basic information" and then "Documents for public inspection/PR information."

If you are not attending the Meeting in person, you can exercise your voting rights via the internet or in writing. Please review the Reference Documents for the General Meeting included in the matters to be provided electronically, and exercise your voting rights by 5:30 p.m. Japan time, Thursday, December 21, 2023.

1. Date and Time: Friday, December 22, 2023 at 10:00 a.m. Japan time (Doors open at 9:00 a.m.)

2. Place:	10F, Osaka Head Office of SHOBIDO Corporation
	6-4-18Nishi-Tenma,Kita-ku, Osaka City, Osaka

3. Meeting Agenda:

Matters to be reported:1. The business report and consolidated financial statements for the

Company's 75th fiscal year (October 1, 2022 - September 30, 2023) and results of audits of the consolidated financial statements by the accounting auditor and the Audit and Supervisory Committee

2. Non-consolidated financial statements for the Company's 75th fiscal year (October 1, 2022 - September 30, 2023)

Proposals to be resolved:

Proposal 1: Election of Six (6) Directors (Excluding Directors Serving as Audit and Supervisory Committee Members)

Proposal 2: Election of Four (4) Directors Serving as Audit and Supervisory Committee Members

4. Matters to be confirmed upon convocation:

1. If you are planning on a non-uniform exercise of voting rights, please notify the Company in writing to that effect and the reasons for the choice not later than three days before the day of the Meeting.
2. If you do not indicate approval or disapproval for the proposals on the voting rights exercise form, it will be considered that you have indicated your approval.
No souvenirs are prepared for shareholders attending the Meeting.
If you are attending the Meeting in person, please submit the enclosed voting rights exercise form at the reception.
Any revisions to the matters subject to electronic provision will be posted on the websites where the matters are posted.
The Company presents its in-house proprietary products as shareholder benefits to shareholders who hold 3 share units (300 shares) or more of the Company's shares stated or recorded in the Company's shareholder register as of September 30 every year. Furthermore, to shareholders who hold 3 share units (300 shares) or more of the Company's shares as of September 30 every year and have done so consecutively for three years or more, the Company presents a QUO card worth 1,000 yen in addition to the above as additional benefits for long-term shareholders. The Company plans to send out the benefits on December 8, 2023.
- Shareholders stated or recorded in the shareholder register as of September 30 every year under the same shareholder number four consecutive times or more will be treated as shareholders consecutively holding shares for three years or more.

To prevent the spread of infectious diseases, we appreciate your cooperation in any anti-infection measures taken at the venue of the Meeting for the safety of shareholders.

No souvenirs are prepared for shareholders attending the Meeting. Thank you for your kind understanding in advance.

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===========================================================================

Payment of Year-End Dividends for the 75th Fiscal Year

The Company has resolved to pay 12 yen per share as year-end dividends with an effective date (payment start date) of December 8, 2023 at its Board of Directors meeting held on November 17, 2023, as provided for by its Articles of Incorporation.

If you prefer transfer to your bank deposit account, please confirm the enclosed Dividend Statement and Notice on the Destination of Payment Transfer.

If you prefer distribution of dividends proportional to the number of shares you hold, please confirm the enclosed Dividend Statement and Notice on How to Receive Your Dividends.

If you do not prefer either of the above, please bring the enclosed Dividend Receipt to the head office, a branch or sub-branch of JAPAN POST BANK or a post office near you and receive your dividends during the period from Friday, December 8, 2023 to Tuesday, January 9, 2024.

- 3 -

Reference Documents for the General Meeting of Shareholders

Proposals and References

Proposal 1: Election of Six (6) Directors (Excluding Directors Serving as Audit and Supervisory Committee Members)

The terms of office of all six (6) Directors (excluding Directors serving as Audit and Supervisory Committee Members; hereinafter, the same shall apply in this proposal) will expire at the close of this Meeting. Accordingly, the Company proposes the election of six (6) Directors.

The details of candidates for Director are as follows:

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

	Ichiro Terada	April 1971	Joined CHORI CO., LTD.
	November 1974	Joined the Company, Senior Managing Director	2,140,600
	(October 14, 1948)	January 1990	Representative Director and President

		December 2013	Director and Chairman (current)
1	[Reason for nomination as candidate for Director]
Mr. Ichiro Terada has served in numerous prominent positions at the Company as Representative Director and

	President, and Director and Chairman, and has long administered important operations of the Company's
	management in general. In addition, he has a wealth of experience and insight in the Company's businesses and
	operations, and is deemed to have advanced knowledge on corporate management. Therefore, the Company
	reappoints him as a candidate for Director.
		April 2001	Joined Mizuho Bank, Ltd.
		May 2004	Joined the Company
		November 2004	Senior Managing Director
		June 2005	President, SHOBIDO (SHANGHAI) CO., LTD.
		April 2013	(current)
		Director (Part-time), Melly Sighte Co., Ltd.
		December 2013	(currently, SHO-BI Labo Co., Ltd.)
		Representative Director and President, the
	Masahide Terada	October 2015	Company (current)
	President, SHOBIDO TAIWAN CO., LTD.	1,405,200
	(November 18, 1977)	May 2018	Representative Director and President, Melly

			Sighte Co., Ltd. (currently, SHO-BI Labo Co.,
		April 2019	Ltd.) (current)
2		President, One Sight Health Technology
		October 2020	(Shanghai) Co., Ltd. (current)
		Representative Director, BEAUTYDOOR
			HOLDINGS CO., LTD.
		June 2022	Director, BEAUTYDOOR CO., LTD.
		Representative Director, BEAUTYDOOR CO.,
			LTD. (current)
	[Reason for nomination as candidate for Director]
	Mr. Masahide Terada has served in numerous prominent positions at the Company as Senior Managing
	Director, and Representative Director and President. He has a wealth of experience and insight in corporate
	management and is well versed in the Company's divisions. Furthermore, he has been successful overseas as
	well, as he launched subsidiary SHOBIDO (SHANGHAI) CO., LTD. and expanded business. He excels in the
	ability of executing and supervising operations, and is deemed capable of setting the future direction of the
	Company and demonstrating leadership. Therefore, the Company reappoints him as a candidate for Director.

- 4 -

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		March 1983	Joined the Company
		October 2007	General Manager, First Department, Second Sales
			Division
		October 2009	Executive Officer, General Manager, Third Sales
			Department
		October 2012	Executive Officer, General Manager, Second Sales
			Department
		December 2014	Director (Part-time), Melly Sighte Co., Ltd.
			(currently, SHO-BI Labo Co., Ltd.)
		October 2015	Executive Officer, General Manager, Product
			Planning Department, the Company
		October 2016	Executive Officer, General Manager, Product
			Planning Department and Executive Officer in
			charge of Production Management
		December 2016	Director, General Manager, Product Planning
	Kotaro Yoshida		Department and Officer in charge of Production	35,900
	(February 25, 1960)		Management
	October 2017	Director, General Manager, Product Planning

			Division and Officer in charge of Production
3			Management
	October 2018	Director, General Manager, ZACCA Business

			Division and Officer in charge of Production
			Management
		October 2020	Director, General Manager, Business Division,
			General Manager, Personal Care Business
			Department, and Officer in charge of Production
			Management
		February 2021	Director, General Manager, Marketing Division
			and Officer in charge of Production Management
		October 2021	Director, General Manager, Business Promotion
			Division, General Manager, Product Planning
			Group, and Officer in charge of Production
			Management (current)

[Reason for nomination as candidate for Director]

Mr. Kotaro Yoshida has served in numerous prominent positions at the Company as General Manager of Sales Departments and General Manager of Product Planning Division, etc. He is well versed in the field of sales as well as the Company's various divisions, gaining a wealth of experience. He excels in the ability of executing and supervising these operations and is deemed a personnel that will contribute to increasing corporate value in a sustainable manner by demonstrating leadership. Therefore, the Company reappoints him as a candidate for Director.

- 5 -

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		March 1983	Joined the Company
		October 2007	General Manager, Second Department, Second
			Sales Division
		October 2009	Executive Officer, General Manager, Fourth Sales
			Department
		October 2011	Executive Officer, General Manager, Product
			Planning Department and in charge of Overseas
			Business Department
		September 2012	Director, SHOBIDO (SHANGHAI) CO., LTD.
		October 2012	Executive Officer, General Manager, Overseas
	Tadaaki Toyokura		Business Department, the Company
	April 2013	Executive Officer, General Manager, Fourth Sales	29,800
	(August 26, 1960)		Department

			Director (Part-time), Melly Sighte Co., Ltd.
			(currently, SHO-BI Labo Co., Ltd.)
4		October 2013	Executive Officer, General Manager, Fifth Sales
		Department, the Company

		October 2015	Executive Officer, General Manager, Special Sales
			Department
		October 2017	Executive Officer, General Manager, OEM
			Business Department
		December 2017	Director, General Manager, OEM Business
			Department
		October 2021	Director, General Manager, Sales Group (current)

[Reason for nomination as candidate for Director]

Mr. Tadaaki Toyokura has served in numerous prominent positions at the Company as General Manager of Sales Departments, General Manager of Overseas Business Department, General Manager of Special Sales Department and General Manager of OEM Business Department. He is well versed in the field of sales as well as the Company's various divisions, gaining a wealth of experience. He excels in the ability of executing and supervising these operations and is deemed a personnel that will contribute to increasing corporate value in a sustainable manner by demonstrating leadership. Therefore, the Company reappoints him as a candidate for Director.

		March 1985	Joined the Company
		October 2015	General Manager, Internal Audit Office
	Hiroshi Tomoda	October 2016	General Manager, Business Administration
		Department	20,300
	(February 21, 1963)	October 2017	Executive Officer, General Manager, Business

			Administration Department
		December 2020	Director, General Manager, Business
5			Administration Department (current)
	[Reason for nomination as candidate for Director]
	Mr. Hiroshi Tomoda has served in numerous prominent positions at the Company as General Manager of
	Internal Audit Office and General Manager of Business Administration Department. He is well versed in the
	field of business administration as well as the Company's various divisions, gaining a wealth of experience. He
	excels in the ability of executing and supervising these operations and is deemed a personnel that will contribute
	to increasing corporate value in a sustainable manner by demonstrating leadership. Therefore, the Company
	reappoints him as a candidate for Director.

- 6 -

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		April 1987	Joined The Fuji Bank, Limited (currently, Mizuho
			Bank, Ltd.)
		April 2010	General Manager, Corporate Banking
			Coordination Division (Large Corporations),
			Mizuho Bank, Ltd.
		April 2011	Deputy General Manager, Head Office Sales
			Department XVIII
		December 2017 Seconded to the Company, Associate General
			Manager, General Affairs and Personnel
			Department
		October 2018	Joined the Company, General Manager, General
			Affairs and Personnel Department
	Masaki Saito	February 2019	General Manager, General Affairs and Personnel	11,500
	(July 14, 1964)		Department and General Manager, Accounting
		Department

		October 2019	Executive Officer, Deputy General Manager,
6			Administration Division, General Manager,
		General Affairs and Personnel Department and

			General Manager, Accounting Department
		December 2019 Executive Officer, General Manager,
			Administration Division, General Manager,
			General Affairs and Personnel Department and
			General Manager, Accounting Department

December 2020 Director, General Manager, Administration

Division, General Manager, General Affairs and

Personnel Department and General Manager,

Accounting Department (current)

[Reason for nomination as candidate for Director]

Mr. Masaki Saito has experience at a financial institution, as well as a wealth of experience and insight as a top executive of the Administration Division that he gained through serving in numerous prominent positions at the Company as General Manager of General Affairs and Personnel Department and General Manager of Administration Division. He excels in the ability of executing and supervising these operations and is deemed a personnel that will contribute to increasing corporate value in a sustainable manner by demonstrating leadership. Therefore, the Company reappoints him as a candidate for Director.

Notes: 1. There are no special interests between any of the candidates for Director and the Company.

Mr. Masahide Terada falls under the Parent Company, etc. stipulated in Article 2, item 4-2 of the Companies Act.
The Company has entered into a directors and officers liability insurance (D&O insurance) contract that insures each Director (excluding Directors serving as Audit and Supervisory Committee Members). The insurance policy covers damages that may arise when the insured assumes liability for the execution of his or her duties or receives a claim related to the pursuit of such liability. The insurance premiums are fully borne by the Company. The insurance policy does not cover damages caused by intent or gross negligence. The Company plans to renew the insurance policy with the same contents during the term of office of each candidate.

- 7 -

Proposal 2: Election of Four (4) Directors Serving as Audit and Supervisory Committee Members

The terms of office of all four (4) Directors serving as Audit and Supervisory Committee Members will expire at the close of this Meeting. Accordingly, the Company proposes the election of four (4) Directors serving as Audit and Supervisory Committee Members.

Consent has been obtained from the Audit and Supervisory Committee regarding the submission of this proposal.

The details of candidates for Directors serving as Audit and Supervisory Committee Members are as follows:

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		March 1983	Joined the Company
		October 2012	General Manager, Finance Department
		October 2017	Executive Officer, General Manager, Finance
	Yoshihiro Imamura	December 2019	Department
	Director (Audit and Supervisory Committee	31,100
	(June 11, 1960)		Member) (current)

			Corporate Auditor, SHOBIDO (SHANGHAI) CO.,
1		October 2020	LTD. (current)
		Corporate Auditor, BEAUTYDOOR CO., LTD.
			(current)
	[Reason for nomination as candidate for Director]
	Mr. Yoshihiro Imamura has a wealth of experience as General Manager of Finance Department of the Company
	and insight into the Group's business as a whole. He is deemed to have the experience and ability suitable for a
	Director (Audit and Supervisory Committee Member) of the Company. Therefore, the Company reappoints him
	as a candidate for Director (Audit and Supervisory Committee Member).

- 8 -

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		October 1979	Joined Nisshin Audit Corporation (currently, Ernst
		March 1982	& Young ShinNihon LLC)
		Registered as a certified public accountant of Japan
		August 1998	Representative Partner of Century Audit
			Corporation (currently, Ernst & Young ShinNihon
		July 2004	LLC)
		Representative Director, Japan Management
		June 2005	Consulting Co., Ltd. (current)
		Outside Corporate Auditor, SRG TAKAMIYA
	Yoshihiro Sakatani	February 2006	Co., Ltd. (currently, Takamiya Co., Ltd.)
	Outside Auditor, KITAKEI CO., LTD. (current)
	(March 11, 1957)
	March 2011	Corporate Auditor, the Company	6,600
		June 2015	Outside Director (Audit and Supervisory

	[Outside]		Committee Member), Pressance Corporation Co.,
2		November 2015	Ltd. (current)
	Outside Director (Audit and Supervisory

		December 2015	Committee Member), Watts Co., Ltd. (current)
		Director (Audit and Supervisory Committee
		March 2022	Member), the Company (current)
		Director (Outside Audit & Supervisory Committee
			Member), KURIYAMA HOLDINGS
		June 2022	CORPORATION (current)
		Outside Director (Audit and Supervisory
			Committee Member), Takamiya Co., Ltd. (current)
	[Reason for nomination as candidate for Outside Director and expected roles]
	Mr. Yoshihiro Sakatani has a wealth of experience and insight as a certified public accountant. He is fit for the
	role of performing specialized and high quality audits from an objective viewpoint based on his deep expertise
	in finance and accounting. Accordingly, his appointment is deemed to facilitate improved transparency and
	strengthened audit and supervisory functions of the Board of Directors. Therefore, the Company reappoints him
	as a candidate for Outside Director (Audit and Supervisory Committee Member).
		October 1993	Joined Tohmatsu & Co. (currently, Deloitte
	Hideaki Okano		Touche Tohmatsu LLC)
	April 1997	Registered as a certified public accountant of Japan
	(May 19, 1969)
	August 1998	Joined Osaka Gas Co., Ltd.	9,800
		July 2008	Opened Okano CPA Office, President (current)

	[Outside]	December 2008	Corporate Auditor, the Company
3		December 2015	Director (Audit and Supervisory Committee
		Member) (current)

	[Reason for nomination as candidate for Outside Director and expected roles]
	Mr. Hideaki Okano has a wealth of experience and insight as a certified public accountant and a tax accountant.
	He is fit for the role of performing specialized and high quality audits from an objective viewpoint based on his
	deep expertise in finance and accounting. Accordingly, his appointment is deemed to facilitate improved
	transparency and strengthened audit and supervisory functions of the Board of Directors. Therefore, the
	Company reappoints him as a candidate for Outside Director (Audit and Supervisory Committee Member).

- 9 -

No.	Name	Career summary, positions, responsibilities,	Number of
shares of the
(Date of birth)		and significant concurrent positions
		Company held

		March 1993	Completed legal apprenticeship
		April 1993	Admitted to the bar
			Joined Kitahama Partners
		January 1998	Partner, Kitahama Partners (current)
		June 2007	Outside Auditor, O-WELL CORPORATION
		December 2009	Director, the Company
	Toru Watanabe	June 2013	Outside Corporate Auditor, Aoyama Trading Co.,
	(February 2, 1966)	December 2015	Ltd.	9,000
		Director (Audit and Supervisory Committee
	[Outside]		Member), the Company (current)
	June 2019	Outside Director, Aoyama Trading Co., Ltd.

4			(current)
	January 2020	Representative Partner, Kitahama Partners

			(current)
		June 2020	Outside Director, Audit and Supervisory
			Committee Member, O-WELL CORPORATION
			(current)
	[Reason for nomination as candidate for Outside Director and expected roles]
	Mr. Toru Watanabe has a wealth of experience and insight as an attorney-at-law specializing in the Companies
	Act and related laws and regulations. He is fit for the role of monitoring management from an objective
	viewpoint independent from the Company taking into account corporate society as a whole including laws and
	regulations, free from the Company's internal situations. Accordingly, his appointment is deemed to facilitate
	improved transparency and strengthened audit and supervisory functions of the Board of Directors. Therefore,
	the Company reappoints him as a candidate for Outside Director (Audit and Supervisory Committee Member).

Notes: 1. There are no special interests between any of the candidates for Directors serving as Audit and Supervisory Committee Members and the Company.

Messrs. Yoshihiro Sakatani, Hideaki Okano and Toru Watanabe are candidates for Outside Director. The Company has filed an Independent Directors/Auditors Notification to the effect that each of them is an independent director without any concerns over conflicts of interest with general shareholders, which the Tokyo Stock Exchange requires listed companies to designate. If the candidates' election is approved, they will continue to be designated as independent directors.
Messrs. Hideaki Okano and Toru Watanabe have not been directly engaged in corporate management other than through serving as Outside Directors, but the Company deems them capable of performing the duties of Outside Directors serving as Audit and Supervisory Committee Members as stated in the respective reason for nomination as candidate for Outside Director.
The Company has entered into agreements with Messrs. Yoshihiro Imamura, Yoshihiro Sakatani, Hideaki Okano and Toru Watanabe to limit their liability prescribed in Article 423, Paragraph 1 of the Companies Act in accordance with provisions under Article 427, Paragraph 1 of the same Act to the amount provided by laws and regulations. If this proposal is approved as proposed, the Company plans to continue a similar agreement with each of the candidates.
Mr. Toru Watanabe will have served as an Outside Director and a Director serving as an Audit and Supervisory Committee Member of the Company for fourteen (14) years and eight (8) years, respectively, at the close of the Meeting. Messrs. Yoshihiro Sakatani and Hideaki
- 10 -

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SHOBIDO Corporation published this content on 30 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2023 17:45:33 UTC.

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-05-02 am EDT			5-day change	1st Jan Change
577 ^JPY	-0.52%		+0.52%	-19.53%

2023	SHOBIDO Corporation Reports Earnings Results for the Half Year Ended March 31, 2023	CI
2022	SHOBIDO Corporation Provides Earnings Guidance for the Fiscal Year Ending September 30, 2023	CI

SHOBIDO Corporation Reports Earnings Results for the Half Year Ended March 31, 2023	23-05-12	CI
SHOBIDO Corporation Provides Earnings Guidance for the Fiscal Year Ending September 30, 2023	22-11-21	CI
Shobido Corporation Provides Earnings Guidance for the Fiscal Year Ending September 2022	21-11-19	CI
Tranche Update on SHOBIDO Corporation's Equity Buyback Plan announced on November 11, 2020.	21-06-16	CI
SHOBIDO Corporation's Equity Buyback announced on November 11, 2020, has closed with 200,000 shares, representing 1.5% for ¥80.96 million.	21-06-14	CI
Tranche Update on SHOBIDO Corporation's Equity Buyback Plan announced on November 11, 2020.	21-04-05	CI
I-See Vision Technology Inc. entered into an agreement to acquire SHOBIDO TAIWAN CO.,LTD. from SHOBIDO Corporation for TWD 30.7 million.	21-03-24	CI
Tranche Update on SHOBIDO Corporation's Equity Buyback Plan announced on November 11, 2020.	21-01-08	CI
SHOBIDO Corporation completed the acquisition of Beautydoor Co., Ltd.	20-12-30	CI
SHOBIDO Corporation announces an Equity Buyback for 200,000 shares, for ¥100 million.	20-11-11	CI
SHOBIDO Corporation authorizes a Buyback Plan.	20-11-10	CI
SHOBIDO Corporation agreed to acquire Beautydoor Co., Ltd.	20-08-17	CI
SHOBIDO Corporation Announces Consolidated Earnings Result for the Six Months Ended March 31, 2020	20-05-11	CI
Shobido Corporation Withdraws Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2020	20-05-11	CI
Shobido Corporation Provides Dividend Guidance for the Full Year Ended September 2020	20-05-11	CI
SHOBIDO Corporation Announces Dividend for the Second Quarter Ended March 31, 2020, Payable on June 5, 2020	20-05-11	CI
TCS Co., Ltd. cancelled the acquisition of property at 193 Hiemachi, Hakata-ku, Fukuoka-shi, Fukuoka from SHO-BI Corporation.	14-02-14	CI
SHO-BI Corporation acquired Melly Sighte Co., Ltd. from JAFCO Super V-3 Investment Limited Partnership, a fund of JAFCO Co., Ltd., Toshitaka Sato, Shigeto Kimura and other individuals for ¥1.1 billion.	13-04-30	CI
TCS Co., Ltd. agreed to acquire property at 193 Hiemachi, Hakata-ku, Fukuoka-shi, Fukuoka from SHO-BI Corporation for approximately ¥360 million.	13-02-14	CI
Sho-bi Do Co., Ltd. announced that it has received CNY 13.33 million in funding from Sho-Bi Corporation.	12-10-12	CI
Sho-bi Do Co., Ltd. announced that it expects to receive CNY 13.33 million in funding from Sho-Bi Corporation.	12-08-17	CI

	1st Jan change	Capi.
SHOBIDO CORPORATION	-19.53%	49.85M
L'ORÉAL	-1.70%	254B
KAO CORPORATION	+12.81%	19.89B
GALDERMA GROUP AG	0.00%	18.26B
SHISEIDO COMPANY, LIMITED	+0.38%	11.16B
COTY INC.	-7.41%	10.38B
AMOREPACIFIC CORPORATION	+16.34%	7.63B
PROYA COSMETICS CO.,LTD.	+16.25%	5.97B
NATURA &CO HOLDING S.A.	+2.25%	4.65B
INTER PARFUMS, INC.	-16.82%	3.81B

SHOBIDO Corporation

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7819

JP3360150001

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