Note: This document has been translated from 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 any direct, indirect or other forms of damages arising from the translation.
Dear Shareholders,
Notice of Convocation forSecurities Code: 6482
June 6, 2025
the 52ndOrdinary General Meeting of Shareholders
We would like to express our deepest appreciation for your continued support and patronage.
Notice is hereby given that the 52ndOrdinary General Meeting of Shareholders of Yushin Company will be held as set out below:
This General Meeting of Shareholders has adopted electronic provision measures. Therefore, in accordance with Article 325-3 of the Companies Act, we have posted the electronic provision measure matters on our website on the Internet (https://ir.yushincompany.jp/en/stock/meeting.html,) where you can check the details.
In addition to our website, we have also posted the matters on the Tokyo Stock Exchange, Inc. (TSE) website (https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show,) where you can access the matters by 1) searching for "YUSHIN" in the issue name (company name) filed or "6482" in the code field, 2) selecting "Basic Information" - "Documents for Public Inspection/PR Information."
If you do not intend to attend the meeting in person, you may exercise your voting rights in writing or by electromagnetic means (the Internet and others). Please refer to the enclosed Reference Documents for the General Meeting of Shareholders and exercise your voting rights no later than 5:30 p.m. on Tuesday, June 24, 2025 (JST). Details- Date and Time: Wednesday, June 25, 2025 at 10 a.m.
Venue: Conference Room on the 6thFloor, Head Office of Yushin Company
555 Kuzetonoshiro-cho, Minami-ku, Kyoto
- Objectives of the Meeting:
52ndFiscal Year (from April 1, 2024 to March 31, 2025) as well as the audit reports from the Accounting Auditor and the Board of Corporate Auditors on the Consolidated Financial Statements
b) Report on the Non-Consolidated Financial Statements for the 52ndFiscal Year (from April 1, 2024 to March 31, 2025)
Matters to be resolved: Proposal 1: Election of Seven (7) Directors Proposal 2: Election of One (1) Corporate AuditorSincerely Yours, Takayo Kotani
Representative Director and President
Yushin Company(Old trade name: YUSHIN PRECISION EQUIPMENT CO., LTD.)
555 Kuzetonoshiro-cho, Minami-ku, Kyoto, Japan
Notes:
In the event of any modifications to electronic provision measures matters, the information before and after the modifications will be posted on the respective websites listed on the previous page.
Among electronic provision measures matters, the following items are not included in the documents delivered to shareholders who have requested delivery of such documents, pursuant to the provisions of laws and regulations and Article 14, Paragraph 2 of the Articles of Incorporation of the Company. In addition, the Corporate Auditors and the Accounting Auditors have audited the audited documents, including the following items.
Matters Relating to the Development of Systems to Ensure Proper Operations
Overview of the Business Operations of the Systems to Ensure Proper Operations
Consolidated Statements of Changes in Equity
Basis of Preparing Consolidated Financial Statements and Other Notes
Statements of Changes in Equity
Significant Accounting Policies and Other Notes
Proposal 1:Election of Seven (7) Directors
The terms of office of all seven (7) Directors will expire at the conclusion of this General Meeting of Shareholders.
Therefore, the Company is asking shareholders to vote for these seven (7) Director nominees. The nominees are as follows.
No. | Name | Current position in the Company | Responsibilities and major concurrent positions | |
1 | Takayo Kotani | Reappointment | Representative Director and President | |
2 | Kota Oda | Reappointment | Director and Executive Vice President | General Manager of Administration Division |
3 | Yasushi Kitagawa | Reappointment | Executive Managing Director | General Manager of Manufacturing Division and General Manager of Purchasing Division |
4 | Tomohiro Inano | Reappointment | Managing Director | General Manager of Sales Division |
5 | Yasuo Nishiguchi | Reappointment External Independent | Director | Chairman of YAMADA Consulting Group Co., Ltd. |
6 | Hiroshi Matsuhisa | Reappointment External Independent | Director | Professor emeritus at Kyoto University |
7 | Reiko Nakayama | Reappointment External Independent | Director | |
No. | Name (Date of birth) | Brief biography, positions, responsibilities, and major concurrent positions | ||
April 2008 October 2008 April 2009 April 2019 June 2019 June 2020 October 2020 June 2021 | Reappointment Joined the Company Manager of R&D Section General Manager of R&D Department Executive Officer and General Manager of R&D Department Executive Officer and General Manager of R&D Division Managing Director and General Manager of R&D Division Director and Executive Vice President and General Manager of R&D Division Representative Director and President (to present) | |||
Takayo Kotani | ||||
1 | (August 26, 1977) | |||
Number of shares held: 1,968,532 shares | ||||
Reasons for appointment: | ||||
Takayo Kotani has been involved in R&D, promotion of development strategies and management, and has a wealth of experience and accomplishments. Her achievements have been socially recognized, such as receiving the Japan Society of Mechanical Engineers Prize for the development of robot technology. Since June 2021, she has served as Representative Director and President, taking the lead in formulating management strategies for sustainable growth and strengthening the Company's organizational structure. The Company has nominated her as a Director because she is expected to strengthen the decision-making and supervisory functions of the Board of Directors. | ||||
2 | Kota Oda (June 10, 1978) | October 2015 April 2019 June 2020 June 2021 June 2022 | Reappointment Joined the Company as General Manager of General Affairs Department Executive Officer and General Manager of General Affairs Department Director and General Manager of General Affairs Department Managing Director and General Manager of General Affairs Department Director and Executive Vice President and General Manager of Administration Division (to present) | |
Number of shares held: 15,000 shares | ||||
Reasons for appointment: | ||||
Kota Oda has extensive experience and success in overseeing and managing corporate divisions. As Executive Vice President since June 2022, he has taken the lead in formulating strategies for the Company's sustainable growth and strengthening the organizational structure. The Company has nominated him as a Director candidate as he is expected to further strengthen the decision-making and supervisory functions of the Board of Directors. | ||||
No. | Name (Date of birth) | Brief biography, positions, responsibilities, and major concurrent positions | ||
Reappointment | ||||
3 | Yasushi Kitagawa (August 12, 1958) | September 2007 Joined the Company November 2007 Deputy General Manager of Manufacturing Division April 2008 Deputy General Manager of Manufacturing Division and Quality Assurance Department April 2009 Executive Officer, Deputy General Manager of Manufacturing Division and Quality Assurance Department August 2009 Executive Officer, General Manager of Manufacturing Division and Quality Assurance Department June 2010 Director and General Manager of Manufacturing Division and Quality Assurance Department June 2013 Managing Director and General Manager of Manufacturing Division and Quality Assurance Department June 2017 Executive Managing Director and General Manager of Manufacturing Division and Quality Assurance Department | ||
July 2020 Executive Managing Director and General Manager of Manufacturing Division | ||||
June 2021 Executive Managing Director and General Manager of Manufacturing Division and General Manager of Purchasing Division (to present) | ||||
Number of shares held: 11,000 shares | ||||
Reasons for appointment: | ||||
Yasushi Kitagawa has been involved in the management and operation of production and purchasing, and thus has extensive experience and achievements in the business. The Company has nominated him as a Director as he is expected to strengthen the decision-making and supervisory functions of the Board of Directors. | ||||
4 | Tomohiro Inano (December 13, 1962) | June 1989 August 2005 April 2008 July 2009 February 2010 March 2011 March 2014 June 2017 June 2022 | Reappointment Joined the Company General Manager of YUSHIN PRECISION EQUIPMENT TRADING (SHENZHEN) CO., LTD. General Manager of Chinese Area and YUSHIN PRECISION EQUIPMENT TRADING (SHENZHEN) CO., LTD. Assistant to General Manager of Sales Division Deputy General Manager of Sales Division General Manager of Sales Division Executive Officer and General Manager of Sales Division Director and General Manager of Sales Division Managing Director and General Manager of Sales Division (to present) | |
Number of shares held: 14,300 shares | ||||
Reasons for appointment: | ||||
Tomohiro Inano has been involved in management and operations, including sales, and has extensive experience and success. The Company has nominated him as a Director because he is expected to strengthen the decision-making and supervisory functions of the Board of Directors. | ||||