Increase in Stated Capital and Capital Surplus through the Exercise of Stock Acquisition Rights

「1 October 2021–31 December 2021 7,500 18,022,924 3,750 3,552,049 3,750 2,732,049 (Note) Increase resulting from the exercise of share acquisition rights.」

「The exercise of rights attached to the 2nd Unsecured Convertible Bond-Type Bonds with Share Acquisition Rights increased the total number of issued shares by 1,117,724 and increased share capital and capital reserves by ¥750.000 million each.」

「The exercise of rights attached to the 2nd Unsecured Convertible Bond-Type Bonds with Share Acquisition Rights increased the total number of issued shares by 409,827 and increased share capital and capital reserves by ¥275.000 million each.」

「1 January 2021–31 March 2021 (Notes) 1, 2 258,657 16,925,357 164,543 2,818,331 164,543 1,998,331 (Note) 1. Increase resulting from the exercise of share acquisition rights. 2. The exercise of rights attached to the 2nd Unsecured Convertible Bond-Type Bonds with Share Acquisition Rights increased the total number of issued shares by 37,257 and increased share capital and capital reserves by ¥25.000 million each.」

「1 October 2020–31 December 2020 6,000 16,666,700 2,625 2,653,788 2,625 1,833,788 (Note) Increase resulting from the exercise of share acquisition rights.」

「1 April 2020–30 September 2020 750,000 16,660,700 314,703 2,651,163 314,703 1,831,163 (Note) 1. Increase resulting from the exercise of share acquisition rights.」

「Between 1 July 2020 and 31 July 2020, the exercise of share acquisition rights increased the total number of issued shares by 750,000.」

「1 January 2020–31 March 2020 (Note) 1 6,000 15,910,700 2,625 3,336,459 2,625 2,516,459 (Note) 1. Increase resulting from the exercise of share acquisition rights.」

「Between 1 January 2020 and 31 January 2020, the exercise of share acquisition rights (stock options) increased the total number of issued shares by 6,000 and increased share capital and capital reserves by ¥2.625 million each.」

「9 January 2019 2,577,400 15,898,300 1,896,966 3,330,721 1,896,966 2,510,721 (Note) 5. Paid private placement Issue price: ¥1,472 Amount transferred to capital: ¥736 Allottee: ITOCHU Corporation」

「1 January 2019–31 March 2019 (Note) 2 6,400 15,904,700 3,112 3,333,834 3,112 2,513,834 (Note) 2. Increase resulting from the exercise of share acquisition rights.」

「Breakdown of the increase in common shares is as follows. Issuance of new shares through a private placement 144,000 shares Issuance of new shares through the exercise of stock options 20,500 shares」

「4 October 2017–31 December 2017 (Note) 2 10,500 13,310,900 5,250 1,428,755 5,250 1,408,755 (Note) 2. Increase resulting from the exercise of share acquisition rights.」

「1 October 2016–30 September 2017 28,800 13,156,400 12,600 1,173,377 12,600 1,153,377 (Note) 4. Increase resulting from the exercise of share acquisition rights.」

「1 April 2017– 30 June 2017 (Note) 4,400 13,156,400 1,925 1,173,377 1,925 1,153,377 (Note) Increase resulting from the exercise of share acquisition rights.」

「1 January 2017–31 March 2017 9,400 13,152,000 4,112 1,171,452 4,112 1,151,452 (Note) Increase resulting from the exercise of share acquisition rights.」

「1 October 2016–31 December 2016 15,000 6,562 6,562 (Note) Increase resulting from the exercise of share acquisition rights.」

「This was mainly due to a ¥394.208 million increase in retained earnings from recording net income attributable to owners of the parent, etc., a ¥111.135 million increase in share capital and a ¥111.135 million increase in capital surplus from the exercise of share acquisition rights, and a ¥194.788 million increase in capital surplus from an increase in equity interests resulting from a capital increase by a consolidated subsidiary.」

「This was mainly due to a ¥297.525 million increase in retained earnings from recording net income attributable to owners of the parent and a ¥156.245 million increase in share capital and capital surplus from the exercise of stock options.」