SHIBAURA ELECTRONICS : Notice of the 59th annual general meeting of shareholders（PDF／133KB)

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

(Stock Exchange Code 6957)

June 9, 2017

To Shareholders with Voting Rights:

Hiroyuki Hashikura President

SHIBAURA ELECTRONICS CO., LTD.

1-24, Kamiochiai 2-Chome, Chuo-ku, Saitama-shi, Saitama, Japan

NOTICE OF THE 59THANNUAL GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

We would like to express our appreciation for your continued support and patronage.

You are cordially invited to attend the 59th Annual General Meeting of Shareholders of Shibaura Electronics Co., Ltd. (the "Company," with its subsidiaries, the "Group") as described below.

If you are unable to attend the meeting, you can exercise your voting rights in writing. Please review the Reference Documents for the Annual General Meeting of Shareholders described below, indicate your vote for or against the proposals on the enclosed Voting Rights Exercise Form and return it so that it will be received by the Company on or before 5:00 p.m. Wednesday, June 28, 2017, Japan time.

1.	Date and Time:	Thursday, June 29, 2017, at 10 a.m. Japan time
2.	Place:	Royal Princess, Fourth floor, Urawa Royal Pines Hotel, located at 2-5-1, Naka-cho, Urawa-ku, Saitama-shi, Saitama, Japan
3.	Meeting Agenda:
Matters to be reported:	1.	Business Report, Consolidated Financial Statements for the Company's 59th Fiscal Year (April 1, 2016 - March 31, 2017) and Results of Audit by the Accounting Auditor and the Board of Corporate Auditors concerning the Consolidated Financial Statements
2.	Non-consolidated Financial Statements for the Company's 59th Fiscal Year (April 1, 2016 - March 31, 2017)
Proposals to be resolved:
Proposal 1:	Appropriation of Surplus
Proposal 2:	Election of Nine Directors
Proposal 3:	Payment of Bonuses to Corporate Officers

When you attend the meeting, please submit the enclosed Voting Rights Exercise Form at the reception desk.

Any revisions to Reference Documents for the Annual General Meeting of Shareholders and the attached documents will be posted on the Company's Internet website at http://www.shibaura-e.co.jp.

Reference Documents for the Annual General Meeting of Shareholders Proposals and References Proposal 1: Appropriation of Surplus

We propose the appropriation of surplus as follows: Matters concerning the year-end dividends

With respect to the year-end dividends for the 59th fiscal year, we propose to increase dividends as follows, taking the continuation of stable dividends and the performance of the fiscal year under review into account:

1. Type of dividend assets Cash

2. Matters concerning the allocation of dividend assets to shareholders and the total amount thereof

   ¥60 per share of the Company's common shares (dividends to be increased by ¥5 per share from the previous fiscal year)

   Total amount: ¥466,439,820

3. Effective date of dividend of surplus June 30, 2017

Proposal 2: Election of Nine Directors

Upon the conclusion of this Annual General Meeting of Shareholders, the term of office of all eight Directors will expire. We propose the addition of one Director for the enhancement of the management structure, and accordingly, shareholders are requested to elect nine Directors.

The candidates for Directors are as follows:

No.	Name (Date of birth)	Career summary, positions and significant concurrent positions		Number of shares of the Company held
1	Hiroyuki Hashikura (July 5, 1952)	January 1987	Joined the Company	47,500
		June 1997	Director, assistant to Manufacturing Headquarters and General Manager, Development Department, the Company
		March 2004	Director of Manufacturing Engineering, the Company
		February 2005	Managing Director, Director of Development, the Company
		May 2005	Director of Development, the Company
		June 2006	Deputy President, Director of Engineering, the Company
		February 2007	Managing Director, Director of Sales, the Company
		April 2007	Deputy President, Director of Manufacturing, the Company
		June 2007	President, the Company (to present)
	[Reason for the nomination as Director] Mr. Hiroyuki Hashikura has considerable experience, achievements and insight concerning management as President of the Company. As he is judged to be qualified to make decisions on material management matters and execute business activities across the entire Group, we decided to nominate him as a candidate for Director.
2	Toyohide Kudou (April 20, 1956)	April 1979	Joined the Company	6,300
		August 2002	Executive Officer, Assistant Chief, Development Headquarters and General Manager, Development Department-I, the Company
		June 2005	Director, Assistant Chief, Development Headquarters and General Manager, FA Department, the Company
		January 2006	Director, General Manager, FA Department, the Company
		April 2007	Director, the Company
		April 2017	Director, Deputy Chief, Manufacturing Headquarters, the Company (to present)
		[Significant concurrent positions] President, FUKUSHIMA SHIBAURA ELECTRONICS CO., LTD.
	[Reason for the nomination as Director] Mr. Toyohide Kudou has been engaged in corporate management as Director since 2005 and performed his roles and duties effectively. He currently serves as Deputy Chief of the Manufacturing Headquarters of the Company and President of FUKUSHIMA SHIBAURA ELECTRONICS CO., LTD. with his considerable experience and extensive knowledge in the thermistor elements business and overall technologies. As he is judged to be qualified to make decisions on material management matters and execute business activities, we decided to nominate him as a candidate for Director.

No.	Name (Date of birth)	Career summary, positions and significant concurrent positions		Number of shares of the Company held
3	Takumi Hamada (August 31, 1956)	April 1979	Joined the Company	3,700
		February 2007	Executive Officer, the Company
		October 2009	Executive Officer, Assistant Chief, Manufacturing Headquarters and General Manager, Logistics Department, the Company
		June 2011	Director of Manufacturing and General Manager, Logistics Department and General Manager, Production Management Department, the Company
		July 2014	Director of Manufacturing, the Company (to present)
	[Reason for the nomination as Director] Mr. Takumi Hamada has been engaged in corporate management as Director since 2011 and performed his roles and duties effectively. He currently serves as Director of Manufacturing with his considerable experience and extensive knowledge in overall production management and overseas manufacturing operations. As he is judged to be qualified to make decisions on material management matters and execute business activities, we decided to nominate him as a candidate for Director.
4	Kazuo Hosoi (April 16, 1956)	October 2006	Joined the Company	2,800
		July 2008	Executive Officer, General Manager, Internal Audit Office, the Company
		April 2011	Executive Officer, General Manager, Administration Division, the Company
		June 2011	Director, General Manager, Administration Division, the Company
		November 2016	Director of Administration, the Company (to present)
	[Reason for the nomination as Director] Mr. Kazuo Hosoi has been engaged in corporate management as Director since 2011 and performed his roles and duties effectively. He currently serves as Director of Administration with his considerable experience and extensive knowledge in the overall administrative management field including finance, accounting and human resources management. As he is judged to be qualified to make decisions on material management matters and execute business activities, we decided to nominate him as a candidate for Director.