Stock Acquisition and Ownership Guidelines

These guidelines set forth the basic approach and management policy regarding directors and executive officers (hereinafter, "Directors etc.") of the company and its subsidiaries holding Company common stock and vested share delivery points granted by the stock compensation plan using a trust (hereinafter, "Potential number of additional shares of common stocks"; the company's common stock and Potential number of additional shares of common stocks hereinafter together referred to as the "Company Common Stock etc.").

It is important for the realization of sustainable growth of the Company and improvement of its corporate value over the medium to long term that the Directors etc. of the company and its subsidiaries hold shares in the Company and share the risk of stock price fluctuations with all the shareholders. The purpose of these Guidelines is to contribute to achieving this.

These guidelines are disclosed and shared with Directors etc. of the Company and its subsidiaries to make them aware of actively acquiring and holding shares in the Company.

The aim is for Directors etc. (excluding non-executive directors) of the Company and its subsidiaries to acquire shares of Company common stock etc. equivalent to one year's basic compensation for their position.

Directors etc. of the Company and its subsidiaries continue to hold acquired shares of Company common stock and Potential number of additional shares of common stocks during their terms of office. Note that this does not apply to shares of common stock of the Company that are converted into cash within the trust in accordance with the provisions of the trust agreement.

Shares of common stock of the company held by Directors etc. of the Company and its subsidiaries

Potential number of additional shares of common stocks