. Hiroaki Sano) Managing Director

average Total Assets Return on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director Financial Ratios Q1 2018 Q1 2017 Gross profit margin 23.9% 22.4% Net

on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director Financial Ratios Q1 2019 Q1 2018 Gross profit margin 18.1% 23.2% Net profit margin 11.9% 17.3

faithfully, (Mr. Hiroaki Sano) Managing Director Financial Ratios Q2 2019 Q2 2018 Gross profit margin 20.7% 18.8% Net profit margin 14.3% 12.0% Debt to Equity ratio 0.10 0.10 Earnings per share 0.57 0.43 ROA

Equity Yours faithfully, Mr. Hiroaki Sano Managing Director Financial Ratios Q2 2018 Q2 2017 Gross profit margin 19.2% 20.1% Net profit margin 12.0% 8.4% Debt to Equity ratio 0.11 0.14 Earnings per share

average Total Equity Yours faithfully, Mr. Hiroaki Sano Managing Director Financial Ratios Q3 2018 Q3 2017 Gross profit margin 20.2% 17.7% Net profit margin 11.9% 7.4% Debt to Equity ratio 0.14 0.12

average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director

Assets Return on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director

that the Group serves its customers with affordable, healthy, sustainable products; “Planet” pertains to its commitment to protecting the natural environment; and “Places” involves supporting communities

. Hiroaki Sano 2. Mr. Narongsak Jivakanun 3. Mr. Tadashi Hiraoka 4. Mr. Yoshihisa Horibe 4 The Board will propose the shareholders’ meeting to re-elect all 4 retiring directors for another term due to their