Notice Regarding Nomination of Candidates for Directors

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

January 24, 2020

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)
S2D (Singapore Exchange, Mainboard)
Contact: Director and CFO: Noboru Hirano
TEL: +81-3-3435-2865

Notice Regarding Nomination of Candidates for Directors

Tosei Corporation (the “Company”) hereby announced that it has resolved at the Board of Director meeting held on January 24, 2020, to submit a proposal regarding the Nomination of Candidates for Directors to the 70th Ordinary General Meeting of Shareholders scheduled on February 26, 2020.

  1. 1.
    1. Candidates for Directors
NameCurrent positions and areas of responsibility in the Company

Reappointment or New appointment

Seiichiro Yamaguchi President and CEO Reappointment
Noboru Hirano

CFO
Senior Executive Officer of Administrative Division
In charge of Human Resource Department

 Reappointment
Masaaki Watanabe

Director
Managing Executive Officer
Deputy Chief of Business Division
In charge of Asset Solution Department 5

 Reappointment
Hideki Nakanishi

Director
Managing Executive Officer
Deputy Chief of Business Division
In charge of Asset Solution Department 1

 Reappointment
Shunsuke Yamaguchi

Executive Officer

In charge of M&A・Group Strategy Department and General Affairs Department		 New appointment
Hitoshi Oshima

Executive Officer
In charge of Asset Solution Department 4

 New appointment
Kenichi Shohtoku Outside Director Reappointment
Hiroyuki Kobayashi Outside Director Reappointment
Masao Yamanaka －

New appointment

(Notes)  Kenichi Shohtoku, Hiroyuki Kobayashi and Masao Yamanaka are candidates for Outside Directors.


    1. 2.
      1. Resignation upon expiration of term of Director
NameCurrent positions and areas of responsibility in the Company

New positions and areas of responsibility in the Company

(Scheduled for March 1, 2020)
Katsuhito Kosuge

COO and Senior Executive Officer of Business Division

In charge of Asset Solutions Business Promotion Department

Vice President Executive Officer of Business Division

In charge of Asset Solution Business Promotion Department

    • ＜Reference: Profile of New Candidates＞

      Name
      (Date of birth)      		Career summary, positions and areas of responsibility in the Company
      (Important concurrent positions outside the Company)

      Number of the Company’s shares held

      Shunsuke Yamaguchi

      (Jul. 26, 1964)      		 Apr.1988 Joined TOKYU CONSTRUCTION CO., LTD.
      Dec.2001 Joined the Company
      Oct.2006 Director in charge of Administrative Division of Fusion Partner, Inc.
      Aug.2007 Joined the Company
      Oct.2007 Director of Tosei Asset Management, Corp.
      Apr.2008 Director of Tosei Asset Advisors, Inc.
      Dec.2012 Director of NAI Tosei Japan, Inc.
      Mar.2013 Executive Officer of the Company
      Dec.2017 Executive Officer in charge of Group Strategy Department (the predecessor of M&A・Group Strategy Department) and General Affairs Department of the Company (current position)
      Feb.2018 Audit & Supervisory Board Member of Tosei Asset Advisors, Inc. (current position)      		 7,200

      Hitoshi Oshima

      (Nov. 19, 1964)      		 Apr.1988 Joined The Sanwa Bank, Ltd. (the predecessor of MUFG Bank, Ltd.)
      Jun.2006 Joined J-REP Co. Ltd. (the predecessor of Goodman Japan Limited)
      Jan.2009 Joined NATIONAL STUDENTS INFORMATION CENTER CO., LTD.
      Dec.2011 Joined the Company
      Jul.2012 Director of Tosei Revival Investment Co., Ltd.
      Mar.2014 Managing Director of Tosei Community Co., Ltd.
      Jun.2014 Representative Director of Crystal Sports Club (the predecessor of CSC) (current position)
      Dec.2016 Director of Tosei Community Co., Ltd.
      Mar.2017 Executive Officer of the Company
      Dec.2019 Executive Officer in charge of Asset Solution Department 4 of the Company (current position)      		 0

      Masao Yamanaka

      (Jul. 24, 1962)      		 Apr.1997 Registered as attorney-at-law (Daini Tokyo Bar Association)
      Jan.2003 Established Yamanaka Law Office
      Apr.2008 Joined RENAISS Law Office (current position)
      May2012     Outside Auditor of CHIYODA CO., LTD. (current position)
      Jun.2015 Outside Auditor of System Location Co., Ltd. (current position)
      Jun.2018 Outside Director of ACE SECURITIES CO., LTD. (current position)

      0

End