November 22, 2019

To whom it may concern:

Company Name

Nippon Yusen Kabushiki Kaisha

R e p r e s e n t a t i v e

Hitoshi Nagasawa, President

C o d e N o .

9101

Stock Listing

First sections of the Tokyo Stock

Exchange and the Nagoya Stock

Exchange

I n q u i r i e s

Ryoichi Oda, General Manager of

Legal & Fair Trade Promotion Group

(TEL. 03-3284-5151)

Notice of Lawsuits against Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (hereinafter "the Company") informs that it is party to the lawsuits indicated below.

  1. Filing Date of Lawsuits November 18, 2019 (U.S. local time)
  2. Lawsuits Background and Content

On June 17, 2017, about 1:30 (Japan Standard Time), ACX Crystal, a containership chartered by the Company, was involved in a collision with the U.S. Navy destroyer USS Fitzgerald 20 kilometers off the coast of Shimoda, Shizuoka prefecture, Japan. Seven of the Fitzgerald's crew members died in the incident. Bereaved family members of the deceased (indicated in 3.(1) below) and 57 persons (crew members who claim to have been injured in the accident and their spouses, indicated in 3.(2) below) are claiming that the Company is liable for damages to the victims of the accident and have thus filed lawsuits for damages in the U.S. District Court for the Eastern District of Louisiana.

  1. Names and Addresses of People Filing Lawsuits
    The lawsuits have been filed by the below individuals.
    (2)1) Name: STEPHEN DOUGLASS and 6 others; Address: Oceanside, CA, USA, etc. Name: JHON ALCIDE and 56 others; Address: Laurelton, NY, USA, etc.
  2. Content of Lawsuits
  1. Content of the lawsuits
    Provided in "Lawsuits Background and Content" above.
  2. Claimed amount for damages
    Total 287 million U.S. dollars, together with interest and expenses, etc.

(Breakdown) Douglass lawsuit (3. (1) above): 70 million U.S. dollars, together with interest and expenses, etc. Alcide lawsuit (3. (2) above): 217 million U.S. dollars, together with interest and expenses, etc.

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TSE - Tokyo Stock Exchange Inc. published this content on 22 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2019 08:01:01 UTC