Note: 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: 6995

June 13, 2023

Dear Shareholders:

Hiroyoshi Ninoyu,

President

TOKAI RIKA CO., LTD.

3-260 Toyota, Oguchi-cho,Niwa-gun, Aichi, Japan

Notice of Resolutions of

the 76th Ordinary General Meeting of Shareholders

We would like to express our appreciation for your continuous support.

The following matters were reported and resolved at the 76th Ordinary General Meeting of Shareholders of TOKAI RIKA CO., LTD. (the "Company").

Reports

  1. The Business Report, the Consolidated Financial Statements and Non-Consolidated Financial Statements for the 76th fiscal year (from April 1, 2022 to March 31, 2023)
  2. The results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board

The contents of the above were duly reported

Resolutions

Proposal No. 1 Partial Amendment to the Articles of Incorporation

The proposal was approved and resolved as originally proposed.

The amendment is described below.

(The approved amendment is underlined)

The Present Articles of Incorporation

Proposed Amendment

Chapter 1 General Provisions

Chapter 1 General Provisions

(Purpose)

(Purpose)

Article 2. The purpose of the Company shall be to engage in the

Article 2. (Unchanged)

following business activities:

1.

Manufacture andsale of parts for automobiles, industrial

1.

Manufacture, sale, lease, and repairof parts for

vehicles, and transport equipment

automobiles, industrial vehicles, and transport equipment

(To be newly established)

2.

Manufacture, sale, lease, and repair of mobility service

and related products

2.

Manufacture andsale of general electrical and electronic

3.

Manufacture, sale, lease, and repairof general electrical

equipment and parts thereof

and electronic equipment and parts thereof

3.

Manufacture andsale of general machinery and parts

4.

Manufacture, sale, lease, and repairof general machinery

thereof

and parts thereof

4.

Manufacture andsale of medical devices, nursing care

5.

Manufacture, sale, lease, and repairof medical devices,

productsand parts thereof

nursing care devices, disaster and crime prevention

devices, household devices, and parts thereof

5.

Provision of services, development of software, and

6.

Services, development and saleof software, and

manufacture andsale of equipment and systems for

manufacture, sale, lease, and repairof equipment and

information communication

systems related thereto for information processing,

information communication, and information provision

- 1 -

The Present Articles of Incorporation

Proposed Amendment

6.

Generation of electricity from renewable energy, and

7.

Generation of electricity from renewable energy, and

supply and sale of electricity

supply and sale of electricity

7.

Manufacture, sale, provision of service of lifestyle-related

(Deleted)

products for intellectual education, health management,

cooking, sports, leisure, disaster prevention, crime

prevention and others

8.

Production, processing, and sale of agricultural products,

8.

(Unchanged)

etc.

9.

Management of restaurants

9.

Sale of industrial chemicals, chemicals, alcohol products,

and household products

(To be newly established)

10. Operation and management of facilities for education,

sports, leisure, dining, accommodation and other

purposes

(To be newly established)

11. Planning and operation of education, training, and events

for developing competency

10.

Management of facilities for school children, nursery

12.

Management of facilities for school children, nursery

schools, and day care centers

schools, and day care centers

11.

All businesses that are incidental to those mentioned in

13.

All businesses that are incidental to those mentioned in

the preceding items

the preceding items

Proposal No. 2

Election of Six (6) Directors

The proposal was approved and resolved as originally proposed. Four (4) candidates,

namely, Hiroyoshi Ninoyu, Koki Sato, Kei Fujioka, and Minako Miyama were reelected,

and Masahiko Sato and Motomi Niwa were newly elected as Members of the Board and

assumed office. Three Directors, namely, Kei Fujioka, Minako Miyama and Motomi Niwa

are "Outside Directors".

Proposal No. 3

Election of Two (2) Audit & Supervisory Board Members

The proposal was approved and resolved as originally proposed. Yoshinori Yamada was

reelected, and Toshiaki Tsuchiya was newly elected as Audit & Supervisory Board Members

and assumed office. Yoshinori Yamada is an "Outside Audit & Supervisory Board Member".

Proposal No. 4

Election of One (1) Substitute Audit & Supervisory Board Member

The proposal was approved and resolved as originally proposed. Naoto Uozumi was elected

as a substitute Member of the Audit & Supervisory Board and assumed office.

Proposal No. 5

Payment of Bonuses to Directors

The proposal was approved and resolved as originally proposed. It was decided to pay

bonuses to three (3) Directors, excluding Outside Directors, who were incumbent at the end

of the 76th fiscal year in the total amount of ¥35,519,900.

- 2 -

At the Board of Director's meeting held after the conclusion of the General Meeting of Shareholders, Representative Directors and Directors with special titles were elected and assumed their respective offices.

Furthermore, at the Audit & Supervisory Board member's meeting held after the conclusion of the General Meeting of Shareholders, Standing Audit & Supervisory Board Members were elected and assumed office.

Accordingly, the Company's Directors, Audit & Supervisory Board Members and Corporate Officers, including Corporate Officer who assumed the office as of today, are as follows:

Member of the Board of Directors and Audit & Supervisory Board Members

President, Member of the Board of Directors

Hiroyoshi Ninoyu

Member of the Board of Directors

Koki Sato

Member of the Board of Directors

Masahiko Sato

Member of the Board of Directors

Kei Fujioka

Member of the Board of Directors

Minako Miyama

Member of the Board of Directors

Motomi Niwa

Standing Audit & Supervisory Board Member

Isaki Sugiura

Standing Audit & Supervisory Board Member

Toshiaki Tsuchiya

Audit & Supervisory Board Member

Yoshinori Yamada

Audit & Supervisory Board Member

Minoru Chida

Notes:

  1. Kei Fujioka, Minako Miyama and Motomi Niwa are Outside Directors.
  2. Yoshinori Yamada and Minoru Chida are Outside Audit & Supervisory Board Members.

Corporate Officers

President

Hiroyoshi Ninoyu *

Executive Vice President

Koki Sato*

Executive Vice President

Masahiko Sato*

Corporate Officer

Kazuhiro Ikai

Corporate Officer

Toshiki Nogami

Corporate Officer

Toshiki Akita

Corporate Officer

Koki Imaeda

Corporate Officer

Taketoshi Sakurai

Corporate Officer

Motoyasu Makino

Corporate Officer

Katsuyuki Imaeda

Corporate Officer

Koichiro Yamagishi

Corporate Officer

Satoru Ishida

Note: The asterisk (*) indicates that the officer doubles as a Member of the Board of Directors.

- 3 -

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Tokai Rika Co. Ltd. published this content on 13 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2023 07:27:07 UTC.