DAIKYO INCORPORATED : Announcement of Change of Officers of DAIKYO Group Companies

To whom it may concern,

May 9, 2018

Company name : DAIKYO INCORPORATED

Representative

: Akira Yamaguchi : Representative Executive Officer, President

Securities code Listing Contact

• : 8840

• : First Section, Tokyo Stock Exchange

• : Koichi Hinago, General Manager, : Group Corporate Planning Department

Announcement of Change of Officers of DAIKYO Group Companies

DAIKYO INCORPORATED (the "Company) hereby announces to change officers of DAIKYO Group companies as follows.

■ Changes of Officers

DAIKYO INCORPORATED (Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Director, President and Representative Executive Officer	―	―	Kazuo Kojima
Resignation	Director, Chairman and Representative Executive Officer	―	Katsutoshi Kadowaki
Resignation	Director, President and Representative Executive Officer	―	Akira Yamaguchi

*Mr.Katsutoshi Kadowaki and Mr.Akira Yamaguchi will be appointed as Senior Adviser of DAIKYO INCORPORATED on June 22, 2018.

DAIKYO ASTAGE INCORPORATED（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and Chairman	Senior Managing Director (Assistant to President)	―	Kuninori Kawata
Representative Director and President	―	―	Koji Miyake
Resignation	Representative Director and Chairman	―	Kiyoshi Kurihara
Resignation	Representative Director and President	―	Akira Yamaguchi

*Mr. Kiyoshi Kurihara will be appointed as Adviser of DAIKYO INCORPORATED, and Mr. Akira Yamaguchi will be appointed as Senior Adviser of DAIKYO INCORPORATED on June 22, 2018.

ANABUKI COMMUNITY INC. （Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and President	―	―	Koji Miyake
Resignation	Representative Director and President	―	Kuninori Kawata

*Mr. Kuninori Kawata will be appointed as Representative Director and Chairman of DAIKYO ASTAGE INCORPORATED on June 22, 2018.

ORIX Facilities Corporation（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and Chairman	Representative Director and President	―	Koji Miyake
Representative Director and President	Senior Managing Director (Assistant to CEO)	―	Makoto Tanaka

Ryukyu Facilities Corporation（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and Chairman	―	―	Makoto Tanaka
Resignation	Representative Director and Chairman	―	Koji Miyake

*Mr. Koji Miyake will be appointed as Representative Director and President of DAIKYO ASTAGE INCORPORATED along with ANABUKI COMMUNITY INC. on June 22, 2018.

DAIKYO ANABUKI CONSTRUCTION INCORPORATED（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and President Executive Officer Responsible for Safty Control Department	―	Corporate Senior Vice President of DAIKYO INCORPORATED	Masaki Ushizawa
Resignation	Representative Director and Chairman	―	Kiyoshi Kurihara
Resignation	Representative Director and President Executive Officer responsible for Safty Control Department	―	Tadaharu Manabe

*Mr. Kiyoshi Kurihara will be appointed as Adviser of DAIKYO INCORPORATED, and Mr. Tadaharu Manabe will be appointed as Senior Managing Director of Anabuki Construction Inc. on June 22, 2018.

DAIKYO ANABUKI REAL ESTATE INCORPORATED（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and President	Managing Director; Responsible for Business Control Department, General Affairs Department, Business Operation Department, Administration Department, Easten Japan Leasing Business Department, Property Management Business Department, Corporate Sales Department, Detached Housing Business Department, Wealth Management Department; General Manager of Business Control Department	―	Kazuaki Kobashiri
Resignation	Representative Director and President	―	Kazuhiko Kaise

*Mr. Kazuhiko Kaise will be appointed as Adviser of DAIKYO INCORPORATED on June 22, 2018.

DAIKYO REFORM・DESIGN INCORPORATED（Effective June 22, 2018）

New Position	Previous Position	Continuing Position	Name
Representative Director and President	―	―	Konosuke Miyakawa
Resignation	Representative Director and President	―	Kozo Toyota

*Mr. Kozo Toyota will be appointed as Standing Auditor of ANABUKI COMMUNITY INC. on June 22, 2018.

Disclaimer

This document was prepared in English for convenience purposes only. The original Japanese document shall take precedence in the event of any discrepancies arising from the translations or interpretations contained in this document.