Notice regarding changes in parent company and largest shareholder

We would like to inform you that as of April 1, 2018 (scheduled), there will be changes in our parent company and our largest shareholder.

Record

1. Background that led to the change
SoftBank Group Corp. (hereinafter referred to as "SoftBank Group") is the parent company that indirectly owns the Company's shares through its wholly owned subsidiary SoftBank Group International LLC (hereinafter referred to as "SBGI"). SoftBank Group is also the parent company that indirectly owns 99.99% of the shares of SoftBank Corp. (hereinafter referred to as "SoftBank") through SBGI.

Today, SoftBank Group announced at the board of directors meeting held today that it will implement an intra-group reorganization (hereinafter referred to as the "Reorganization") that will involve the transfer of subsidiaries, with an effective date of April 1, 2018 (scheduled). We have received notification that SBGI has decided to make an in-kind investment of all of the Company's shares held by SBGI to SoftBank.

As a result, our parent company and our largest shareholder will be transferred from SBGI to SoftBank. For details regarding this organizational reorganization, please refer to the "Notice regarding intra-group reorganization" announced today by SoftBank Group.

2. Overview of changing shareholders (as of March 29, 2018)
(1) Overview of the parent company and major shareholders who will no longer be the largest shareholder

①Name	SoftBank Group International LLC
②Location	1-9-1 Higashi-Shinbashi, Minato-ku, Tokyo
③ Title and name of representative	Executive Officer (Chairman) Masayoshi Son Executive Officer (President) Ken Miyauchi
④Business details	intermediate holding company
⑤ Capital	22 million yen
⑥Date of establishment	January 26, 2001
⑦Major shareholders and shareholding ratio	SoftBank Group Corp. 100%
⑧Relationship between the listed company and the company concerned	Capital ties	The Company owns 10,735,000 shares (voting rights ratio: 54.56%*).
	personal relationships	Not applicable.
	business relationship	Not applicable. (As of March 29, 2018, there are transactions such as the provision of ICT services with SoftBank Group and SoftBank.)

• (*) Rounded to the third decimal place.

(2) Overview of the new parent company and the largest shareholder who is the major shareholder

①Name	SoftBank Corp.
②Location	1-9-1 Higashi-Shinbashi, Minato-ku, Tokyo
③ Title and name of representative	Representative Director and Chairman Masayoshi Son Ken Miyauchi, Representative Director and President
④Business details	Provision of mobile communication services, sales of mobile devices, provision of fixed communication services, provision of Internet connection services
⑤ Capital	177,251 million yen
⑥Date of establishment	December 9, 1986
⑦Major shareholders and shareholding ratio	SBGI 99.99%
⑧Relationship between the listed company and the company concerned	Capital ties	The 10,735,000 shares of the Company's stock held by SBGI (voting rights ratio: 54.56%*) are scheduled to be transferred to SoftBank. SoftBank Group is the parent company that owns 99.99% of SoftBank 's voting rights through its wholly-owned subsidiary SBGI.
	personal relationships	Not applicable.
	business relationship	As of March 29, 2018, there are transactions including the provision of ICT services with SoftBank Group and SoftBank.

• (*) Rounded to the third decimal place.

3． Number of voting rights owned by the shareholder and its percentage to the total number of voting rights
(1) SoftBank Group International LLC

	attribute	Number of voting rights	Percentage of voting rights held by total shareholders	Major shareholder ranking
Before transfer (As of March 29, 2018)	Parent company/largest shareholder who is a major shareholder	107,350 pieces	54.56％※	1st place
After transfer	－	－	－	－

• (*) Voting rights ownership ratio is calculated using 196,761 voting rights, which is the number of voting rights held by all shareholders as of December 31, 2017, as the denominator. In addition, figures are rounded to the third decimal place.

(2) SoftBank Corp.

	attribute	Number of voting rights	Percentage of voting rights held by total shareholders	Major shareholder ranking
Before transfer (As of March 29, 2018)	－	－	－	－
After transfer	Parent company/largest shareholder who is a major shareholder	107,350 pieces	54.56％※	1st place

• (*) Voting rights ownership ratio is calculated using 196,761 voting rights, which is the number of voting rights held by all shareholders as of December 31, 2017, as the denominator. In addition, figures are rounded to the third decimal place.

Four. Whether or not there has been a change in the unlisted parent company, etc. subject to disclosure, etc.
As a result of the above change, SoftBank will now become our parent company. However, since SoftBank is a subsidiary of SoftBank Group, and the parent company that has the greatest influence on the Company is SoftBank Group, it does not fall under the category of unlisted parent companies, etc. that are subject to disclosure.

Five. Future outlook
This change in parent company will have no impact on our business performance.

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■The PDF of this release can be downloaded from the link below.
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• *Company names, product names, and service names mentioned in this release are trademarks or registered trademarks of our company or each company or organization.
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