In the text of the release (timely disclosure) entitled “Notice of Opinion of the Board of Directors concerning the Extraordinary Shareholders Meeting and Shareholder Proposals” dated October 17, 2017, of the release (timely disclosure) entitled “Notice of Establishment of Third Party Committee” dated the same day, and of the document entitled “Comments on Reports Issued by Proxy Advisory Firms Glass Lewis and ISS” dated November 16, 2017, the parts relating to Mr. Hiromi Yamaguchi were at certain points not based on the facts, and so we hereby revoke the parts within the releases and other document relating to Mr. Hiromi Yamaguchi and we profoundly apologize to Mr. Hiromi Yamaguchi.

August 10, 2018

JP-HOLDINGS, INC.
President and Representative Director     Koichiro Furukawa