Messages from Outside Directors

Noriaki Shimazaki Director (Outside, Independent),Member, Corporate Governance CommitteeNoriaki ShimazakiDirector (Outside, Independent),
Member, Corporate Governance Committee

For the three existing businesses - the automotive goods business, the statutory safety inspections and maintenance business, and the automobile purchase and sales business - achieving quantitative targets by steadily implementing the medium-term business plan is an absolute must. Furthermore, it is imperative that the earnings base be enhanced by identifying and nurturing new businesses. As an outside director, I will offer cogent advice in both of these areas. In addition, I am aware that increasing ROE is one of the Company’s most pressing concerns, and I intend to make the most of my experience to assist with matters such as making the most effective use of equity and further enhancing corporate governance.

Profile

April 1969: Joined SUMITOMO CORPORATION
June 1998: Director of SUMITOMO CORPORATION
April 2002: Representative Director, Managing
Director of SUMITOMO CORPORATION
January 2003: Member of Business Accounting
Council of Financial Services Agency
April 2004: Representative Director, Senior
Managing Director of SUMITOMO
CORPORATION
April 2005: Representative Director, Executive Vice
President of SUMITOMO CORPORATION
July 2008: Chairman, Sub-committee on
Accounting of Nippon Keidanren
January 2009: Trustee of International Financial
Reporting Standards Foundation
(IFRS Foundation)
July 2009: Special Adviser of SUMITOMO
CORPORATION
January 2010: Member of the Management Advisory
Committee, BNP Paribas Securities
(Japan) Limited (current position)
June 2011: Trustee of Financial Accounting
Standards Foundation
June 2011: Outside Director, AUTOBACS SEVEN
Co., Ltd. (current position)
June 2011: Chair of Self-regulation Board & Public
Governor of Japan Securities Dealers
Association (current position)
September 2013: Advisor, IFRS Foundation
Asia-Oceania Office (current position)
September 2013: Advisor, The Japanese Institute of
Certified Public Accountants (current
position)
March 2014: Member of the Management Advisory
Committee, SBI Holdings, Inc.
(current position)
June 2014: Chairman, XBRL Japan, Inc. (current position)
June 2015: Outside Director, UKC Holdings Corporation

Hatsuo Odamura Director (Outside, Independent),Chairman, Corporate Governance CommitteeHatsuo OdamuraDirector (Outside, Independent),
Chairman, Corporate Governance Committee

Given the downturn in domestic automobile sales, following developments such as last year’s consumption tax hike, the automobile aftercare market is now faced with extremely difficult conditions. The Company, therefore, will have to make decisions on matters that are increasingly difficult to sort out. As an outside director, I aim to participate in board discussions, in ways consistent with the ideas laid out in the Corporate Governance Code, and intend to contribute to the Company’s corporate value with decision-making that is transparent and fair.

Profile

April 1972: Joined the National Police Agency
April 1982: First Secretary, Embassy of Japan in
Thailand
August 1992: Director General, Saga Prefectural
Police Headquarters
April 1998: Director General, Nagano Prefectural
Police Headquarters
August 1999: Director General, Hiroshima Prefectural
Police Headquarters
September 2001: Director General, Kinki Regional Police
Bureau
Director, International Affairs
April 2002: Department, Commissioner-General’s
Secretariat, National Police Agency
Director General, Imperial Guard
Headquarters
January 2004: Retired from the National Police Agency
Councilor, Japan
January 2006: Police Personnel Cooperative
February 2006: Senior Director, Japan Urban Security
June 2006: Research Institute
December 2008: Director General, Institute for Traffic
Accident Research and Data Analysis
June 2014: Outside Director, AUTOBACS SEVEN
Co., Ltd. (current position)
November 2014: Advisor, Taito Corporation (current position)

Yoshiko Takayama Director (Outside, Independent),Member, Corporate Governance CommitteeYoshiko TakayamaDirector (Outside, Independent),
Member, Corporate Governance Committee

Over many years, I have worked in and otherwise been an active contributor in the fields of corporate governance and investor relations. Applying the experience and knowledge I have developed as a result, I intend to help the Company achieve sustainable growth as infrastructure for motorized societies, and contribute to the continuation of sound dialogue with shareholders. I will do this by participating in board deliberations and engaging in discussions with management, while respecting the spirit of the Corporate Governance Code.

Profile

April 1990: Joined the Tokyo Branch of Bank of America
June 1987: Merrill Lynch Securities, New York Headquarters
December 1990: Vice President, Tokyo Branch of Merrill Lynch Securities
December 1998: Tokyo Branch of Thomson Financial Investors Relations
Asia-Pacific Regional Director
June 2001: Managing Director, J-Eurus IR Co., Ltd.
March 2003: Managing Director, Director (current position)
June 2010: Board Governor, International Corporate Governance Network
October 2010: Director, Japan Corporate Governance Network (current position)
October 2010: Member, Committee for the Study of Basic Problems in Capital Investment, Pension Fund Association for Local Government Officials (current position)
June 2010: Outside Director, AUTOBACS SEVEN (current position)