Nomination Committee,
Compensation Committee,
and Audit Committee

Nomination Committee Compensation Committee Audit Committee
Compotion of the menbers Teiji Koge(Chairperson of the Nomination Committee), Hiroshi Oeda and Masao Asami Mie Fujimoto(Chairperson of the Compensation Committee), Takuya Shimamura and Tsuyoshi Numagami Junko Nishiyama, (Chairperson of the Audit Committee), Akihiko Nagamine and Kaeko Kitamoto
3members
(2 Independent Directors, and 1 Non-Executive Inside Director)
3members
(３ Independent Directors)
3members
(2 Independent Directors, and 1 Non-Executive Inside Director)
Rdason for appointment of chairperson
Mr. Koge has long been involved in the management of listed companies representing the chemical and housing industries, and has abundant experience and broad insight in all aspects of corporate management.
Furthermore, he has actively spoken at important meetings of the Company's Board of Directors and other important meetings, and as a member of the Nomination Committee, has contributed to the activities of the Nominating Committee, such as the succession planning of President, selection of nominees for management executives and nurturing of such candidates, and was elected to continue to provide leardership as to Chairperson of the Nomination Committee.
Ms. Fujimoto is an attorney at law well versed in corporate legal affairs centered on labor-related regulations. She utilizes her abundant experience as an outside director of a listed company.
Furthermore, she activerly speaks in important meetings such as the Board of Directors, and also she has lead the Compensation Committee activities, including the discussion on revision of the Company'scompensation system and decisions on the compensation standards for Directors and Executive Officers, as the Chairperson of the Committee.
Nomination Committee selected Ms. Fujimoto to serve as an Independent Director to continue to demonstrate her leadership as the Chairperson of Compensation Committee.
Ms. Nishiyama has been involved in research and development, promotion of environmental initiatives, and the like, at a listed company representative of the healthcare industry. In addition to auditing the entire company as a standing corporate auditor, she has abundant experience in general corporate management. Furthermore, she actively speaks in important meetings such as the Board of Directors, extensively audits the Company and the Group, and also contributes to the activities of the Audit Committee.
The Nominating Committee determined that Ms. Nishiyama is capable of leading the Audit Committee as the new Chairperson of Audit Committee.
Roles and responsibilities
The Nomination Committee is responsible for deciding on proposals to be presented to the General Meeting of Shareholders regarding the election and dismissal of directors, selecting and dismissing the Chairman of the Board of Directors and each committee, and making recommendations to directors regarding the election and dismissal of executive officers, and making recommendations to the Board of Directors regarding the election and dismissal of directors with executive titles and executive officers (Chairman of the Board and President and Chief Executive Officer). The role of the committee members is to make recommendations to the Board of Directors on the election and dismissal of directors and executive officers, and on the election and dismissal of executive directors and engagement executive officers (Chairman of the Board of Directors and President & CEO).
The Nomination Committee comprise three(3) or more independent Directors and Nonexecutive Insde Directors (directors who do not concurrently serve as Executive Officers).
The majority of the Nomination Committee shall be Independent Directors and the Chairperson thereof shall be an Independent Director in principle.
The Compensation Committee strives to achieve sustainable grouth and to increase corporate value over the medium-to long term through compensation, by encouraging the Executive Officersto perform their duties in accordance with the management philosophy and management strategies and by fostering human resources and cultivating a culture by strongly motivating them to achieve challenging management targets with appropriately controlled risks,and by establishing a compensation system and standards that reflect the roles of the Directors defined in this Policy, including supervision of execution of their duties.
The Compensation Committee comprise three(3) or more independent Directors and Nonexecutive Insde Directors (directors who do not concurrently serve as Executive Officers).
The majority of the Compensation Committee shall be Independent Directors and the Chairperson thereof shall be an Independent Director in principle.
The Audit Committee strives to establish a high-quality corporate governance system that responds to social trust by serving as a part of the Board of Directors'supervisory function and properly auditing execution of duties of the Executive Officers and Directors, and by considering the interests of various stakeholders from a enterprise and business group perspectives, collaborating with these stakeholders, realizing sound and sustainable growth and the creation of corporate vwlue over the medium-to long-term.
The Audit Committee comprise three(3) or more independent Directors and Nonexecutive Insde Directors (directors who do not concurrently serve as Executive Officers).
The majority of the Audit Committee shall be Independent Directors and the Chairperson thereof shall be an Independent Director in principle.

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