As a part of the business streamlining measures included in our Special Business Plan, we are planning on revising our current corporate pension (reducing the defined-benefit corporate pension for the active employees and the pension recipients).

We have contacted the pension recipients subject to this revision in order to gain a two-thirds vote required to officially submit the revision request. The result is as follows.

1. Period in which the pension recipients were contacted
April 26 - May 31, 2012

2. Current Status
The revision has been agreed upon by approx. 83 % (12,700^*1) of all pension recipients^*2 subject to this revision (15,373).

*1 As of May 31, 2012
*2 Those who are eligible for receiving corporate pension at the time of our submitting the revision request and will continue to be eligible after October, 2012. (This definition was set at the end of April 2012. The number is subject to change depending on factors such as the number of voluntary retirements.)

3. The Revision Applied to the Corporate Pension Recipients
[Fixed-term Pension]
1) Those who retired by the end of September 2007
The pension plan will be switched from fixed-rate to variable-rate, and the interest rate (6.5-3.5%) will be reduced to 2.25% (lower limit).

2) Those who retired (will retire) in October 2007 and later
As the pension plan is variable-rate, the lower limit of re-evaluation rate will be reduced from 2.0% to 1.5%.

[Life Pension]
The payment will be reduced by 30% (Monthly payment reduced from 70,000 yen to 50,000 yen.)

4. Future Schedule
The request to revise our corporate pension plan will be submitted to the minister of Health, Labour and Welfare in October 2012.