Notice Regarding Appointment of Corporate Auditors

Tosei Corporation

Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo

President and CEO: Seiichiro Yamaguchi

Ticker code: 8923 (Tokyo Stock Exchange, First Section)

Contact: Noboru Hirano, Director and CFO

TEL: +81-3-3435-2864

Please note that this document is a translation of the official announcement that was released on January 25, 2013. The translation is prepared and provided for the purpose of the readers’ convenience only. All readers are strongly recommended to refer to the original Japanese version of the news release for complete and accurate information.

January 25, 2013 – Tosei Corporation ("Tosei") hereby announces that the Board of Directors has resolved to submit a proposal regarding the appointment of Corporate Auditors to the 63rd Ordinary General Meeting of Shareholders, scheduled on February 26, 2013. The proposal has been approved by the Board of Auditors.

1. 1.Reason for Appointment

   The term of all four members of the Board of Auditors will expire upon the closing of the General Meeting of Shareholders scheduled on February 26, 2013. Accordingly, Tosei will appoint the following candidates as its new Corporate Auditors.

2. 2.Profile of New Corporate Auditors

   No.	Name (Date birth)	Career summary and position in the Company(Important concurrent positions outside the Company)
   1	Yasuhiro Honda (Jun. 20, 1940)	Apr. 1963     Entered Taisei Corporation Jun. 1991     General Manager of Machinery & Materials Department of Taisei                    Corporation (in charge of planning and management) Jun. 1995     Managing Director of TAISEI TOURIST AGENCY LTD. Apr. 2003     Full-time Corporate Auditor of the Company (current position)
   2	Yutaka Kitamura (Feb. 27, 1950)	Apr. 1972     Entered The Yasuda Trust & Banking Co., Ltd. (the predecessor of Mizuho Trust & Banking Co., Ltd.) May. 1996     General Manager of Singapore Branch of The Yasuda Trust & Banking Co., Ltd. (the predecessor of Mizuho Trust & Banking Co., Ltd.) Oct. 1998     Joint General Manager of Credit Division of The Yasuda Trust & Banking Co., Ltd. (the predecessor of Mizuho Trust & Banking Co., Ltd.) Oct. 1999     General Manager of Niigata Branch of The Dai-Ichi Kangyo Fuji Trust & Banking Co., Ltd. (the predecessor of Mizuho Trust & Banking Co.,Ltd.) Mar. 2005     Full-time Corporate Auditor of Nippon Carbon Co., Ltd. May. 2010     Full-time Adviser of J-COACH Corporation Jun. 2010     Full-time Corporate Auditor of J-COACH Corporation
   3	Tatsuki Nagano (Apr. 16, 1959)	Apr. 1983     Entered The Chuo Trust & Banking Co., Ltd. (the predecessor of Sumitomo Mitsui Trust Bank, Limited) Jul. 1995     Financial Planning Chief of Corporate Planning Dept. at headquarters of The Chuo Trust & Banking Co., Ltd. (the predecessor of Sumitomo Mitsui Trust Bank, Limited) Jul. 2000     Management Director of RG Asset Management PTE. LTD. (current position) Jul. 2004     Director of Reference Group Holdings Ltd. (current position) Aug. 2004     Representative Director of RG Asset Management Services Co.,                    Ltd. (the predecessor of RG Asset Management K.K.)                    (current position) Feb. 2012     Corporate Auditor of the Company (current position)
   4	Osamu Doi (Feb. 23, 1964)	Apr. 1987     Entered The Nikko Securities Co., Ltd. (the predecessor of SMBC Nikko Securities Inc.) Jul. 1993     Transferred to Nikko Europe PLC Feb. 1998     Returned to The Nikko Securities Co., Ltd. (the predecessor of SMBC Nikko Securities Inc.) Apr. 2002     Entered FinTech Global Incorporated Oct. 2005     Senior Vice President of Structured Finance Division of FinTech Global Incorporated Oct. 2006     Deputy Head of Investment Banking Division of FinTech Global Incorporated Apr. 2007     Head of Investment Department of FinTech Global Incorporated

Note: All of them are candidates for outside corporate auditors.

• Notice Regarding Appointment of Corporate Auditors.pdf