The 62th Annual Shareholders’ Meeting Convocation Notice(JAN 1 2024-DEC 31 2024)

37 robots/4 stations (31,975 BIN)

4 units (for large, medium, small, and Yu-packet size)

Shipping capacity

Number of storable products

Shipping capacity

760 lines/hour

Approx. 102,000 items

2,880 pcs/hour (720 pcs/hour x 4 lines)

Mar 19, 2025 at 10:00 AM UTC · Issued by Trusco Nakayama Corporation

【Documents for delivery】

From January 1, 2024 to December 31, 2024

62ndAnnual Shareholders'Meeting Convocation Notice

Date and time	March 28 (Friday), 2025
	at 10 a.m. (Doors open at 9:00 a.m.)
Venue	Fuyo Room, Banquet Floor, the Main Building, Hotel New Otani Tokyo
	4-1 Kioi-cho, Chiyoda-ku, Tokyo

TRUSCO NAKAYAMA Corporation

Nippon's Toolbox

Planet Aichi

Securities

code

Open in July 2026!

Distribution center "Planet Aichi" (Kita-Nagoya,Aichi)

Completion: February 2025	Site area:41,634m2
Operation start: July 2026 (planned)	Total ﬂoor area:88,602m2
Capacity:1 million items in storage	Shipment amount: 100 billion yen/year (maximum)

The latest logistics facilities to support Planet Aichi


Skypod	I-Pack® (high-speed automated	Shuttle rack (high-speed load
(3D picking system)	packaging and shipping line)	matching equipment)
from Exotec	from Sealed Air	from Daifuku

16 lanes (9,600 folding containers)

Storage and shipping capacity

9,600 folding containers/hour

Special website

for Annual

Shareholders'

Meeting

TSE website

To our shareholders

GAMBARE!!

JAPANESE MONODZUKURI

(Securities code: 9830) March 5, 2025 4-28-1 Shimbashi, Minato-ku, Tokyo

TRUSCO NAKAYAMA Corporation

Tetsuya Nakayama, President

I would ﬁrst like to express my gratitude for your continued support.

TRUSCO NAKAYAMA has made efforts to improve the convenience of customers by continuing its aggressive capital investment in distribution facilities and equipment as well as in digitalization and by strategically strengthening its expansion of its product lineup and inventories in order to accurately meet the needs of Monozukuri sites for a wide variety of items in small lots.

The key phrase for this year is "seize opportunities by enhancing serendipity." One often sees people talking about "luck" and "bad luck," but I believe that "a chance" is raining down equally on everyone. The only difference between grasping that "synchronicity" and not catching it depends on whether you are "aware" or "unaware" of it. That is why I think the two events are completely unrelated. Lives are changed dramatically depending on whether you notice the serendipity or not. I would like to make this a year of discovering and taking advantage of the various opportunities over the world.

Keeping in mind our policy that "Business must serve people and society," we will continue to work to be a company needed by our customers and markets in 2025.

Decided Matters upon the Convocation

Notice is hereby given that the 62nd Annual Shareholders' Meeting of Trusco Nakayama ("the Company") will be held as described below and that you are invited to attend the Meeting.

The Company adopts electronic provision of information concerning this shareholders' meeting. Pursuant to the provision of Article 325-3 of the Companies Act, matters subject to electronic provision are presented on the internet. Please access the

URL below to check the information.

Special website for Annual Shareholders' Meeting https://www.trusco.co.jp/en/ir/meeting/

Tokyo Stock Exchange (TSE) website https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)

* On the TSE website, enter or search for the issue name (company name) or securities code (9830), then select "Basic Information" and "Documents for Public Inspection/PR Information" in that order.

You may exercise your voting right in advance either in writing or via the internet. Details of the Proposals are provided in Reference Materials of the Convocation Notice for the 62nd Annual Shareholders' Meeting. After examining the materials, please return the enclosed Voting Form indicating your vote "For" or "Against" each of the proposals or access the Company's website for voting, which is indicated on the Voting Form, and exercise your voting rights via the internet by 5:30 p.m., Thursday, March 27, 2025.

1 Date and Time

March 28 (Fri), 2025 at 10 a.m. (Doors open at 9:00 a.m.)

* Pre-registration is required to attend the event. If the number of applicants exceeds 300, a drawing will be held.

2 Place

Fuyo Room, Banquet Floor, the Main Building, Hotel New Otani Tokyo 4-1 Kioi-cho, Chiyoda-ku, Tokyo

3 Matters Constituting the Purpose of the Meeting

Matters to be reported

Reports on the Business Report, Consolidated Financial Statements, Non-consolidated Financial Statements, and the results of the audit of the Consolidated Financial Statements and Non-consolidated Financial Statements by the accounting auditor and the Board of Auditors for the 62nd Period (from January 1, 2024 to December 31, 2024)

Matters to be resolved

Proposal No. 1: Election of Seven (7) Directors

Proposal No. 2: Election of One (1) Substitute Corporate Auditor

4 Guide to the Exercise of Voting Rights

Please refer to "■ 2 Exercise your voting rights" on p4.

Convocation Notice of the 62nd Annual Shareholders' Meeting

List of Candidates (Proposal No. 1 and Proposal No. 2)

Convocation

▶

Please refor to p36-40

Notice

ProposalCandidate

Name (Age)

Current status and

Attendance at Board

No. of Company

No.

responsibilities at the Company

of Directors' meeting

of Auditors' meeting

shares held

Tetsuya Nakayama (66)

Representative Director

100%

Re-appoint-

Internal

−

61,400

ment

and President

(11/11)

Kazuo Nakai

Director & General Manager

100%

(55)

Re-appoint-

Internal

−

9,400

ment

of Product Department

(11/11)

Director & General Manager of Business

100%

Management Department, General Manager

Atsushi Kazumi

(54)

Re-appoint-

Internal

−

9,200

ment

of Digital Strategy Department, General

(11/11)

Manager of Orange Book Department

Director & General Manager

100%

Tatsuya Nakayama (39)

Re-appoint-

Internal

−

5,600

ment

of Logistics Department

(11/11)

100%

Kenichi Saito

(75)

Re-appoint-

Outside

Outside Director

−

5,000

ment

(11/11)

100%

Kuniaki Hagihara

(71)

Re-appoint-

Outside

Outside Director

−

4,000

ment

(11/11)

Lisa Ohta

(47)

Outside Director candidate

−

New

Outside

Kohei Nomura

(76)

Substitute Corporate

−

Outside

870

Auditor candidate

Notes: 1. The age of candidates is the age at the closing of the Meeting.

The candidates have no special interest in the Company.
Hideki Naoyoshi resigned on November 11, 2024.

East Osaka Branch
Bisht.Suman,Singh	System Management	Osaka NB Product	Digital Promotion Section
	Section
	Section	Deputy Section Manager
	Tsubasa Matsuoka
	Keisuke Shimoda	Hidetaka Kikuchi

	Internet Sales		Orange Book.com
	Osaka Branch		Section
	Miyu Yanagi		Misaki Yamaguchi
Orange Book Section	Osaka Administration	Osaka PB Product	Osaka Branch
Acting Senior Supervisor	Section	Section	Mitsuki Hayano
Nozomi Miyasu	Ami Tanimae	Mayana Kambe

President Nakayama and our employees in front of the quake-resistant checked pattern ®

Quake-resistant checked pattern®: A steel plate quake-resistant wall with panels arranged in a check pattern. It works to prevent deformation and collapse of major building components such as columns and beams by receiving and channeling the lateral swaying force of earthquakes at an angle. The wall can be used as a shelf. (Construction: TAKENAKA CORPORATION)

Notes 1. Shareholders attending the Meeting as a result of the drawing are requested to bring the Voting Form to the receptionist at the Meeting venue.

Of the matters to be written in documents stating electronic provision matters, the Company has posted the [Matters concerning the Current Situation of the Corporate Group (Major Lenders)], the [Matters concerning Company Executives (Major Activities of Outside Ofﬁcers for the Current Fiscal Year, Matters concerning
the Independence of Outside Ofﬁcers, and Special information about Outside Ofﬁcers)], the [Situation of Accounting Auditors], the [Systems and Policies of the Company (The System to Ensure the Propriety of the Company's Operations and the Operation Status of the System, Basic Policy concerning the Control of the Company, and Policy concerning the Decision of Dividends from Surplus)] of the Business Report, the [Consolidated Financial Statements of Changes in Shareholders' Equity] and [Notes to Consolidated Financial Statements] of the Consolidated Financial Statements, and the [Non-consolidated Financial Statements of Changes in Shareholders' Equity] and [Notes to Non-consolidated Financial Statements] of the Non-consolidated Financial Statements on the Company's website "IR Library" → "Shareholders Meeting" in accordance with laws and regulations and Article 15, Paragraph 2 of the Articles of Incorporation of the Company. Therefore, they are not stated in the materials delivered to shareholders who have requested them in a paper-based format. For reference, the Business Report, Consolidated Financial Statements, and Non-consolidated Financial Statements attached to the documents stating electronic provision matters are part of the documents that were audited by the auditor and the accounting auditor upon preparing the audit report.
If any correction arises in any of the matters for electronic provision, the correction will be notiﬁed by posting the matter both before and after correction on the Company's website "IR Library" → "Shareholders Meeting" and the website of the Tokyo Stock Exchange.
In the event that the chairperson is unable to attend the meeting, the acting chair shall act as the chairperson in accordance with the predetermined order.

Convocation Notice of the 62nd Annual Shareholders' Meeting

Flow of Events Leading Up to the Annual Meeting of Shareholders

Before the Meeting Receipt of notiﬁcation documents for the Meeting - March 27 (Thursday), 2025

View the

Exercise your

Convocation

▶

Please refer to p34-40 before exercising

voting rights

Notice

Convocation Notice

your voting rights.

Attend the Meeting at the Meeting venue

Pre-registration required

Check details

(if the number of applicants exceeds 300, a drawing will be held.)

on the internet

Advance application via the internet

Special website

for Annual

Shareholders' Meeting

https://www.trusco.co.jp/ir/meeting/

Application

5:00 p.m., March 20 (Thur.)

【交付書面】

第62期定時株主総会

deadline

令和 6 年（2024）1 月 1 日～令和 6 年（2024）12月31日招集ご通知

開催日時令和 7 年（2025）3 月28日（金）午前10時（受付開始午前 9 時）

■ 開催場所ホテルニューオータニ（東京）ザ・メイン宴会場階「芙蓉の間」

東京都千代田区紀尾井町 4－1

		Convocation	Notice of result	March 21 (Fri.) by email
		Notice
2026年7月OPEN!		Website for pre-registration URL:
建屋竣工：令和 7 年（2025）2	月	敷地面積：12,595坪（41,634㎡）	https://form.run/@trusco62
出荷開始：令和 8 年（2026）7	月（予定）延床面積：26,802坪（88,602㎡）
保管点数：100万アイテム		出荷金額：1,000億円/年（最大）

プラネット愛知を支える最新の物流設備

ロボット37台/4ステーション（31,975BIN） 4台（大、中、小、ゆうパケットサイズ） 16レーン（9,600オリコン）	Convocation
					Notice			To log in, you need to have your
					(English)
							shareholder number indicated on
	その他の電子提供措置事項
					the Voting Form.
	第62期定時株主総会招集ご通知における
	（交付書面省略事項）			Website for			Application screen
						pre-registration
1	事業報告		2 計算書類
1. 会社役員に関する事項 ……………… ▶	Ｐ1	1. 個別注記表 …………………………… ▶	Ｐ7
2. 会計監査人の状況 …………………… ▶	Ｐ2	2. 連結注記表 …………………………… ▶	Ｐ9
3. 企業集団の現況に関する事項 ……… ▶	Ｐ3	3. 株主資本等変動計算書 ……………… ▶	Ｐ14
■	主要な借入先 ……………………… ▶	Ｐ3	4. 連結株主資本等変動計算書 ………… ▶	Ｐ14		Not attend the Meeting at the Meeting venue
■	基本方針 …………………………… ▶	Ｐ6
4. 会社の体制及び方針 ………………… ▶	Ｐ3
■	会社の業務の適正を確保する
	ための体制及びその運用状況 …… ▶	Ｐ3
	会社の支配に関する					(Exercise voting rights in advance)
■	剰余金の配当等の決定に
	関する基本方針 …………………… ▶	Ｐ6
	上記の事項につきましては、法令及び当社定款第15条第2項の規定
	に基づき、インターネット上の当社ホームページ（ https://www.		electronic	Exercise of voting rights via the internet
	令和７年（2025）３月５日
	trusco.co.jp/ ）の「IR情報＞株主総会」に掲載することにより株主の		Other
	皆様に提供しています。
	（証券コード9830）		provision	Time limit
					matters		5:30 p.m., March 27 (Thur.)
						for voting
The deadline for the request for the

Convocation Notice for the 62nd	Guide to Exercising Voting Rights via	Guide to Exercising Voting Rights via
Annual Shareholders' Meeting in a	a Smartphone			the In-ternet
paper-based format was December
31, 2024. However, there are still	1. Scan the QR code			1. Access the website for exercising voting rights
some copies remaining for our	Scan the "Log-in QR Code to the		https://www.web54.net
shareholders. So, please contact us	Website for Exercising Voting
Rights for Smartphones" at the
if you need a copy. The number of	lower right of the enclosed Voting
paper-based materials is limited and	Form with your smartphone or
we may not be able to deliver them	tablet device.		* QR Code is a registered	Click
to you. In such a case, please check			trademark of Denso Wave
the information via the internet.			Incorporated.	2. Log in

TRUSCO NAKAYAMA	2. Select the method of voting	Please enter the "Code for Exercise of Voting Rights"
Access the URL displayed to open the	indicated on the enclosed Voting Form.
Corporation			website screen for exercising voting rights.	Voting Form
Tokyo Management	There are two methods for voting.

• I will vote "For" all company proposals.
Section, Administration	• I will vote on each agenda item separately.

Department						Click
☎ 03-3433-9830	3. Enter "For" or "Against"		3. Enter "For" or "Against"
	info@trusco.co.jp	Enter "For" or "Against" following the
	Enter the initial password on the next screen, and then, set
	instruc-tions on the screen.
9:00 to 17:00 on			If there is no problem on the			the password that you will actual-ly use.
		conﬁrmation screen, click "Exercise
weekdays/except Saturdays,	with this Item" to com-plete your voting.	Enter "For" or "Against" following the instruc-tions on the screen
Sundays and national holidays
			thereafter.

* Those attending the Meeting as a proxy shareholder (only one other shareholder hold-ing voting rights of the Company)

4		Convocation Notice of the 62nd Annual Share-holders' Meeting

Advance application by post (in writing)

Use the enclosed postcard for application.

3 Ask questions in advance

Ask questions via the internet

Advance questions URL

https://web.sharely.app/e/trusco62/pre_question

Application

deadline

Notice of result

March 18 (Tue.) postmarked

From March 24 (Mon.) by mail

Notes

The result of application by post will be sent to your address as of December 31, 2024.
When you attend the Meeting at the venue, please be sure to bring a proof of your advance registration (email screen or postcard indicating the result).
The Meeting at the venue will be ﬁlmed for online meeting (live streaming). Although careful attention will be paid to the privacy of our shareholders, some of the attending share-holders may be inevitably reﬂected in the video. We ask for your kind understanding.

To log in, you need to have your shareholder number indicated on the Voting Form.

Advance questions

Submission deadline

By noon, March 21 (Fri.)

We will accept questions from shareholders in advance concerning matters to be reported and matters to be resolved at the 62nd Annual Shareholders' Meeting. We will respond to questions on matters in which shareholders are particularly interested at the Meeting. For ques-tions that cannot be answered at the Meeting, we will post the answers on our company web-site after the Meeting. (Please note that we will not necessarily answer all the questions asked.)

Exercise of voting rights by post (in writing)

Use the enclosed postcard for application.

Enter your advance questions here.

		Arrival by 5:30 p.m.,
Time limit
for voting		March 27 (Thur.)
			Notes

			• Failure to indicate	For" or "Against"
			of each proposal	will be treated as
			For.		(Good) (Bad)
Circle "For" if you agree.	• If both are circled,

Circle "Against" if you disagree.	Invalid.

Please indicate your vote "For" or "Against" each proposal on the Voting Form, cut off the right section along the indicated line, hide your personal information using the sticker, and post the form.

Ask questions by fax

Notes

If you exercise your voting rights twice, via the internet and by post (in writing), we will treat the vote via the internet as effective.
If you exercise your voting rights more than once via the internet, we will treat the last exer-cise of your voting rights as effective.
Exercising voting rights using a PC, smartphone, etc. may not be possible depend-ing on your internet environment. In addition, exercising voting rights may not be possible with some models of mobile phones.

Please call the number below for inquiries on how to operate a PC, smartphone, or mobile phone when exercising voting rights via the in-ternet.

Dedicated phone number for stock transfer agency	0120-652-031	(9:00 a.m. to 9:00 p.m., excluding
web support of Sumitomo Mitsui Trust Bank	year-end and New Year's holidays)

are request-ed to submit a written proof of their right of proxy at the Meeting reception desk.

FAX: 03-3433-9881

Submission deadline

Arrival by noon, March 21 (Fri.)

Please also refer to "Frequently Asked Ques-tions" on p45 of the Convocation Notice for

the 62nd Annual Shareholders' Meeting.

Convocation

Notice

Convocation Notice of the 62nd Annual Share-holders' Meeting		5

Day of the Meeting to After the Meeting

Day of the Meeting 10:00 a.m. on Friday, March 28, 2025

4 Shareholders who will attend the Meeting

Access map

	Fuyo Room, Banquet Floor, the Main
Place
Building, Hotel New Otani Tokyo

Program (The 62nd Annual Shareholders' Meeting)

	4-1 Kioi-cho, Chiyoda-ku, Tokyo
	March 28 (Friday), 2024 at 10 a.m.
Time &
date	(Doors open at 9:00 a.m.)

How to attend the Meeting venue

Pre-registration is required by internet or postcard.

If the number of shareholders exceeds 300, a drawing will be held.

Application deadline

Via internet: 5:00 p.m., March 20 (Thur.)

By post: March 18 (Tue.) postmarked

In consideration of environmental resources, pre-registration is required for attendance to minimize excess preparation materials. Shareholders who wish to attend the Meeting are requested to pre-register at the registration site below.

Website for pre-registrationURL: https://form.run/@trusco62

9：00

10：00

11：45

Doors open

Opening address

Annual digest

Business report

Audit report

Explanation of proposals

Answering advance

questions

Q and A

Voting on proposals

Closing address

Venue overview

Business report by President Nakayama

(in Japanese)Website for

pre-registration

Voting on the Day of the Meeting

Meeting venue Fuyo Room, Hotel New Otani Tokyo

TRUSCO NAKAYAMA Corporation

The 62nd Annual Shareholders' Meeting

Chairperson

Kohei Nomura

Kiyonori Unto

Yoritomo ada

Ken Hineno

Masashi amamoto

Tatsuya Nakayama

Atsushi Kazumi

Kazuo Nakai

Tetsuya Nakayama

Kenichi Saito

Kuniaki Hagihara

Takako Suzuki

Lisa Ohta

Podium

Seating for up to 300 people prepared

Relationship between Prior Voting and Voting on the Day

1. If voting early via smartphone or PC (▶ p4-5) and attending the Meeting, Your early vote will be counted as the voting at the Meeting.

2. If attending the Meeting without voting early, Your vote on a Voting Form you are bringing to the venue will be deemed invalid and the vote you will make at the Meeting will be counted as valid.

On the basis of the idea that it is important to judge "For" or "Against" after seeing the presentations, discussions, persons, etc. on the day of the Meeting, we hand Ballot Papers to the shareholders who attend the Meeting. We aggregate the results of the votes by our shareholders on the day of the Meeting and disclose them in the notice of resolution or extraordinary reports.

Ballot Paper

at the Meeting

Open Judge System (OJS) on the President

We consider the results of the votes on the day of the Meeting concerning the President by shareholders who have heard the Business Report and Q&As to be important evaluation indicators of the President as the "OJS on the President." The results will be posted on the Company's website on March 28 (Friday), 2025, after the closing of the Meeting.

Convocation Notice of the 62nd Annual Shareholders' Meeting

Online meeting

The Meeting can be viewed in real time.

* Available for all the

Shareholders who view the Meeting online will not shareholders. be able to vote on the day of the Meeting.

Questions will not be accepted online on the day of the Meeting. So please submit questions in advance (▶ p5) if you have any.

To log in, you need to have your shareholder number indicated on the Voting Form.

Time & date

March 28 (Fri.)

From 10:00 a.m. to closing of the Meeting

After Closing of the Meeting

Shareholders who will view the Meeting online

	View the results
6
of the Meeting

View the video of the Meeting

Available from March 28 (Fri.)

Website to view the Meeting URL:

https://web.sharely.app/login/trusco62

Online meeting

How to view the Meeting

Advance questions

Check the results of resolutions

Available from March 28 (Fri.)

(1) Access the URL or QR code below with a PC or smartphone.

(2) Enter your shareholder number and postal code, and click Log-in.

Shareholder number

* Indicated on the enclosed Voting Form (9-digit number)

Postal code

* Postal code (7-digit number) of the address registered on the shareholders' list as of December 31, 2024

Website to view the Meeting URL: https://web.sharely.app/login/trusco62 (in Japanese)

[Notes]

Shareholders who view the Meeting online (live streaming) will not be able to vote and ask questions on the day of the Meeting. Please exercise your voting rights in advance by post or via the internet.
Telecommunication fees and other costs for viewing the Meeting are to be borne by the shareholders.
Please understand that you may have trouble in the image or sound of the Meeting due to the type of your device or the internet communication environment.
We do not permit provision of the URL and log-in information for the live streaming of the Meeting to any third party, ﬁlming or recording of the Meeting, and storage and disclosure via social media, etc., of it.
If the live streaming of the Meeting becomes unavailable for some reason, we will announce it on the Company's website.

View answers to questions

Available from April 2 (Wed.)

View the results of questionnaires

Available from April 2 (Wed.)

Special website for Annual

Shareholders' Meeting

https://www.trusco.co.jp/ir/meeting/

Special website for Annual

Shareholders' Meeting

Convocation Notice of the 62nd Annual Shareholders' Meeting

Business

Report

for the 62nd

Period

From January 1, 2024 to December 31, 2024

Providing the highest level of convenience for customers will result in social contribution

We have continued aggressive capital investment in order to accurately satisfy the needs of manufacturing sites for a wide variety of items in small lots. We made efforts to improve work efﬁciency of the entire supply chain, while working to reduce greenhouse gas emissions and consumption of resources, such as energy and packaging materials.

Developments and results of business activities

Operating results for the 62nd period ended December 2024

Non-consolidated

Monthly net sales

Net sales (100 million yen)

YoY change (%)

Net sales

(ﬁgures in parentheses indicate yoy change % of total)

271

268

264 257 261

295,024million yen

+10.0%

238

244 231 236

219 238

207

Net sales

Consolidated

yoy

+21.6

(100 million yen)

+9.9%

Non-consolidated

294,052million yen

+10.6

+12.1

+12.0

+9.1

yoy

+10.2

+13.6

+5.7 +7.8

+8.0

YoY

Gross margin

+6.6

+2.9

change (%)

20.9％

（△0.6pt）

Consolidated

Jan.

Feb.

Mar.

Apr. May Jun. Jul. Aug. Sep.

Oct.

Nov.

Dec.

20.8%

（△0.5pt）

Non-consolidated

★ 19

Selling, general and administrative expenses

Average net sales per day

★ 62nd period

Non-consolidated

(Unit: Million yen)

Consolidated

41,704million yen

（+6.9%）

62nd period (ﬁscal year under review)

62nd period

61st period (previous ﬁscal year)

Composition ratio

1,355

(ﬁscal year under review)

41,347million yen

1,287

Non-consolidated

14.1%

1,254

1,1641,1041,1831,221

1,255

1,243

Incl.) Depreciation

1,093

1,202

6,044million yen

（△2.6%）

1,046

1,191

Consolidated

1,134 1,155

1,139

1,104

1,106 1,125

Operating income

992

1,0761,034 1,045

945

61st period

19,978million yen

(previous ﬁscal year)

（+7.9%）

Consolidated

Jan.

Feb.

Mar.

Apr. May Jun. Jul. Aug. Sep.

Oct.

Nov.

Dec.

Non-consolidated

19,717million yen

6.8%

★ 19

★ 62nd period

Ordinary income	20,056million yen
Consolidated	（+7.4%）
Non-consolidated	19,833million yen	6.8%

Non-consolidated Sales by category of goods and percentage of total sales

(ﬁgures in parentheses indicate yoy change % of total)

Cutting tools	3.1%	Production processing goods 7.4%
8,969 million yen		21,811 million yen

Net income attributable to owners of parent	（+31.2%）	（+7.7%）		（+10.5%）
Consolidated	16,095million yen	5.5%	Construction goods	11.6%	Work supply	18.7%

Net income	15,902million yen	（+30.5%）	34,227 million yen		54,818 million yen
Non-consolidated	（+10.1%）		（+6.7%）

Net income per share	244.09yen
Consolidated
Non-consolidated	241.16 yen
Annual dividend per share
	54.00yen

+58.04	Hand tools	16.8%	Environmental safety equipment	19.1%
49,430 million yen		56,069 million yen
yoy	（+9.7%）		（+16.6%）
+56.38

yoy	Distribution and storage equipment	9.8%	Research management equipment	3.8%

+7.50	28,861 million yen		11,295 million yen
yoy	（+3.7%）		（+5.7%）

Note: All ﬁgures stated in Business Report from page 10 onwards are rounded	Ofﬁce and housing facility equipment 8.9%	Other products	0.8%
down to the nearest one million yen.	26,271 million yen	3,269 million yen

（+13.7%）（+14.4%）

Convocation Notice of the 62nd Annual Share-holders' Meeting

Business ﬂow

Suppliers

(Manufacturers)

3,637

（+128 companies）

manufacturersJapanese

3,284

（+112 companies）

(YoY changes)

(Wholesaler)

Consolidated net sales

Consolidated ordinary income

295,024million yen

20,056 million yen

（+10.0%）

（+7.4%）

Factory route

Percentage of consolidated net sales 66.8%

Net sales 196,947million yen（+8.1%）

Consolidated

Ordinary income 13,707million yen（+0.9%）

(100 million yen)

Our 28 distribution centers and 29

branches with inventory all over Japan

1,969

2,104

Net

implemented measures to prevent stockout

sales

and other inventory adjustment measures

to increase convenience for clients.

We conducted sales activities that will lead

to reduction of environmental impact by

enhancing MRO Stocker, a system of "use

62nd period

63rd period

ﬁrst, pay later" for tools, and the cargo

Current ﬁscal year

Plan

matching + user-direct delivery service.

e-business route

Percentage of consolidated net sales 23.1%

Net sales

68,159million yen（+15.3%）

Consolidated

Ordinary income

5,798million yen（+30.9%）

(100 million yen)

We strengthened the coordination of our

product data of around 4.55 million

681

748

sales

Net

items with clients' systems to offer

distribution and processing tailored to

our clients' needs.

We responded to the needs for direct

delivery to users by using I-Pack®

(high-speed automated packaging and

62nd period

63rd period

shipping lines).

Current ﬁscal year

Plan

Clients

(Retailers)

5,652

（+20 companies）

tool dealers,	materials dealers, etc.
Machine	welding
Internet order companies, etc.

Users

∞

（Inﬁnite）

Manufacturers,	construction companies, etc.


Manufacturers,	general consumers, etc.

Home center route	Percentage of consolidated net sales 9.1%
Net sales	26,825million yen（+10.6%）
Consolidated
Ordinary income	285million yen（△30.8%）

shops, etc.

outdoor work, etc.

(100 million yen)

Net sales

62nd period	63rd period
Current ﬁscal year	Plan

We strengthened proposals for in-store improvement for our clients and sales activities to consolidate sales channels, including pro-tool shops that target such users as construction workers.

As home center companies are strengthening their EC business, we actively proposed services supported by our extensive inventories of around 610,000 items and distribution facilities.

Home centers, pro-tool

Businesses conducting general consumers,

Overseas manufacturers 353

（+16 companies）

Overseas route

Percentage of consolidated net sales 1.0%

Consolidated

Net sales

3,091million yen（+19.7%）

Ordinary income

270million yen（+68.2%）

(100 million yen)

Consolidated net sales include the

business results of consolidated

Net

subsidiaries (TRUSCO NAKAYAMA

sales

CORPORATION (THAILAND) LIMITED and

PT. TRUSCO NAKAYAMA INDONESIA) as

well as the sales of the Overseas Division

to foreign markets.

The consolidated subsidiaries reduced

62nd period

63rd period

lead time by revising their inventory

items and enhanced sales by developing

Current ﬁscal year

Plan

local clients and suppliers.

Overseas dealers, etc.

Overseas manufacturers, etc.

Convocation Notice of the 62nd Annual Share-holders' Meeting

Business Report for the 62nd Period

From January 1, 2024 to December 31, 2024

Developments and results of business activities

Progress and plan on key performance indicators of the Company

Products

Logistic

Catalogue media Sales Digital

Environment

Key performance	61st period	62nd period	63rd period
FYE December 2023	FYE December 2024	FYE December 2025
indicators
Previous ﬁscal year	Fiscal year under review	Plan

① Number of inventory items

593,554

（+31,528）611,708

（+18,154） 640,000

（+28,292）

② Inventory value

50,848 million yen

（+5,555）

55,366 million yen

（+4,518）

63,800 million yen

（+8,434）

③ Total number of suppliers

3,509

（+

237

）

3,637

（+

128

）

3,760

（+

123

）

337

）

353

（+

）

373

（+

）

④ Incl.) Number of overseas suppliers

（+

⑤ PB product sales

48,313 million yen

（+2,437）

50,478 million yen

（+2,178）

54,000 million yen

（+3,522）

18.0 %

）

17.1 %

0 9

）

17.0 %

）

⑥ Percentage of PB product sales

（△

（△ .

（△

92.1 %

92.6 %

0 5

93.1 %

⑦ Inventory shipment ratio

（+

）

（+ .

）

（+

）

4 868

032

257

178

700

000

⑧ Number of items delivered directly to users

（+1,311,644）

（+1,389,146）

（+1,442,822）

⑨ Direct sales to users

29,770 million yen

（+5,947）

37,204 million yen

（+7,428）

43,000 million yen

（+5,796）

153

）

146

）

131

（△

）

⑩ Number of hired vehicle delivery runs

（△

123

）

132

）

149

（+

）

⑪ Number of TRUSCO delivery runs

（+

44.6 %

）

47.5 %

2 9

）

53.2 %

⑫ Percentage of TRUSCO delivery runs

（+

（+ .

（+

. ）

152.4 yen

）

156.7 yen

4 3

）

156.0 yen

⑬ Personnel expenses per receiving/shipping

（+

（+ .

（△

. ）

369,000

（△5,000）422,000

（+53,000） 464,000

Orange Book

（+42,000）

⑭ Number of items listed on TRUSCO

Orange Book.Com

4,108,818

（+941,630）

4,552,330

（+443,512） 5,000,000

（+447,670）

⑮ Number of items released on TRUSCO

⑯ Number of corporate customers

5,632

（+

）

5,652

（+

）

5,682

（+

）

⑰ Number of MRO stockers introduced

1,203

（+

428

）

1,414

（+

211

）

1,615

（+

201

）

Orange Commerce

2,447

214

2,631

184

2,830

199

⑱ Number of companies connected to

87.1 %

（+

）

88.0 %

（+

0 9

）

88.5 %

（+

）

⑲ System order intake ratio

（+

（+ .

（+

. ）

27.6 %

）

30.1 %

2 5

）

31.5 %

⑳ Automated estimate ratio

（+

（+ .

（+

. ）

47.3 %

）

49.2 %

1 9

）

50.5 %

㉑ Web estimate request ratio

（+

（+ .

（+

. ）

3,043

（+89）

3,184

（+141）

－

ofcers and part-time employees)

㉒ Total number of employees (including

㉓ Number of part-time employees

1,370

（+

）

1,464

（+

）

－

39.9

）

39.7

0 2

）

－

㉔ Average age (full-time employees)

（+

（△ .

17.9

）

20.9

3 0

）

－

㉕ Average overtime hours per month

（△

（+ .

㉖ Average annual salary (full-time employees)

662 699

720 756

〈

〉million yen

（+1）

〈

〉million yen

（+58）

－

㉗ Career (career-track)

775 823

840 886

〈

〉million yen

（+4）

〈

〉million yen

（+65）

－

㉘ Area

627 663

687 723

〈

〉million yen

（△6）

〈

〉million yen

（+65）

－

526 546

〉million yen

（+32）

562 581

〉million yen

（+36）

－

㉙ Logistics

〈

㉚ Salary of

Department General

1,388

（△80）

1,579

（+191）

－

General Managers

Managers and Division

persons in

(excluding ofcers)

〈1,493〉million yen

〈1,679〉million yen

managerial

Branch Ofcer Managers, Logistic

1,130

（△

）

1,239

（+

）

－

posts

Center Managers, Logistic Center

Vice Managers, Section Managers

〈1,209〉million yen

〈1,315〉million yen

of Head Ofce, etc.

5.4 %

）

5.1 %

0 3

）

－

㉛ Turnover rate

（+

（△ .

2.8 %

）

3.2 %

0 4

）

－

2 Percentage of employees with disabilities

（+

（+ .

3 Solar power generation capacity (per hour)

2,793 kWh

（ 0）

2,793 kWh

（±0）

－

Notes: 1. Figures in parentheses ( ) indicate changes from the previous ﬁscal year.

Average annual salary (full-time employees) includes the salary of executive ofﬁcers.
Figures in parentheses < > indicate the amount of salary including ﬁnancial bonds. The Company pays retirement allowance annually as ﬁnancial bonds" rather than paying it as a lump-sum retirement payment at the time of retirement.
The total number of employees includes ofﬁcers, part-time employees, temporarily transferred employees and local employees of subsidiaries.
"㉕ Average overtime hours per month" includes hours within the statutory overtime hours.
"㉛Turnover rate" excludes retirees.

Convocation Notice of the 62nd Annual Share-holders' Meeting