Notice Regarding the Status of Repurchase of the Company's Shares

Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To whom it may concern

April 5, 2019

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
Securities code: S2D (Singapore Exchange, Main Board)
Contact: Noboru Hirano, Director and CFO
TEL: +81-3-3435-2865

 Notice Regarding the Status of Repurchase of the Company's Shares
(In accordance with the Articles of Incorporation pursuant to Paragraph 2, Article 165 of the Companies Act)

In accordance with the Board of Directors’ resolution on February 5, 2019, Tosei Corporation has repurchased its own shares pursuant to Article 156 of the Companies Act which is applicable in lieu of Paragraph 3, Article 165 of this act. Details are as follows.

(1) Class of shares repurchased Common share of Tosei Corporation
(2) Total number of shares repurchased 320,900 shares
(3) Total value of shares repurchased 324,346,300 yen
(4) Period for repurchase

From March 1, 2019 to March 31, 2019
(5) Method of repurchase Discretionary investment by a securities company

Reference:

  1. 1.Details of the Board of Directors’ resolution on February 5, 2019 
  2. (1) Class of shares to be repurchased Common share of Tosei Corporation
    (2) Total number of shares to be repurchased 1,200,000 shares
    (2.5% of issued shares (excluding treasury shares))
    (3) Total value of shares to be repurchased Up to 1.0 billion yen
    (4) Period for repurchase From February 7, 2019 to August 31, 2019

  1. 2.Details of shares repurchased based on the above Board of Directors’ resolution (as of March 28, 2019) 
  2. (1) Total number of shares repurchased 478,700 shares
    (2) Total value of shares repurchased 490,518,900 yen

End