Dear Shareholders :
I wish to inform you regarding the reports and resolutions of the
147th Ordinary General Meeting of Shareholders held on March 30,2006
as described below.
Matters reported:
| 1. |
Business Report, Balance Sheet and Profit/Loss Statement for
the 147th Business Year
(from January 1, 2005, through December 31, 2005) |
| 2. |
Business Reports for Consolidated Balance Sheet and Consolidated
Income Statement on the 147th Business Annual Term (from January
1, 2005 to December 31, 2005) also, Audit Report for Consolidated
Financial Documents for the 147th Business Year completed by Certified
Public Accountant and Board of Auditors |
 |
The substance of the foregoing financial statements and Audit
Report were reported at the meeting. |
Matters resoluted upon:
| Proposal 1: Approval of the proposed appropriation of retained earnings
for the 147th Business Year |
|
The subject matter was approved as proposed. |
| Proposal 2: Election of One director |
|
As proposed, Mr. Yoshikazu.Tanaka was elected and appointed to the position of director. |
| Proposal 3: Award of Retirement Benefit Payment to a Retiring
director |
|
As proposed, the award of retirement benefits within a reasonable
range to Mr.Shin-ichi Mori, Director
retiring upon the close of the present General Meeting of Shareholders,
in recognition of his services while in office was approved in
an amount to be determined in accordance with the prescribed standards
of the Company. It was also approved to entrust the determination
of specific amount, time of payment, method and other particulars
to the discretion of the Board of Directors. |
| The new board members are indicated below. |
|
President: |
Yuichi Toba (Representative Director) |
|
Executive Vice President: |
Michio Inoue (Representative Director, general company business,
general labor affairs) |
|
Senior Managing Director: |
Shigeo Tajima (Division Director of Production and Technology Division) |
|
Managing Director: |
Tadao Masuda (Division Director of General Administration Division and
General manager of General Affairs Department) |
|
Managing Director: |
Yoshitake Yamaguchi (Division Director of Sales Division) |
| |
Director: |
Ikuo Ito (General Manager at Toyama Plant, Production and Technology
Division) |
|
Director: |
Yoshikazu Tanaka (Vice Divison Director of Production and Technology Division,General Manager of Production and Technology Dept.,and Quality Assurance Section) |
|
Standing Auditor: |
Tadayasu Masuko |
|
Standing Auditor: |
Yutaka Kitamura |
|
Auditor: |
Takeru Yamazaki |
|
