In connection with the contemplated incorporation of ________________ K.K. (hereinafter referred to as the “Newco”), the undersigned as the sole promoter of the Newco hereby decides as follows:

1. The Newco shall issue one hundred (100) shares upon incorporation, and an issue price thereof shall be one hundred (100) yen per share.
   
   
2. The undersigned as the promoter of the Newco accepts one (1) share for the purpose of incorporation of the Newco and the remaining ninety nine (99) shares shall be offered as follows:
   
   79 shares to _________________________________________________
   20 shares to _________________________________________________
   
   
3. The amount of money paid in for the shares offered upon incorporation shall be 100 yen per share.
   
   
4. The period within which the money to be paid in for the shares offered upon incorporation shall be _______________, 20__ through _____________, 20__.
   
   
5. _________________________Bank, __________________ Branch shall be designated as a bank to handle receipt of subscription payment for shares to be issued upon incorporation of the Newco.
   
   
6. The amount of the capital and the capital reserve after incorporation of the Newco shall be as follows:
   
   Capital: 10,000 yen
   Capital Reserve: 0 yen
   
   
7. The head office of the Newco shall be located as follows:
   
   

   	Head office:	__________________________________________________
   		__________________________________________________

   

IN WITNESS WHEREOF, the undersigned has prepared this written decision and affixed its signature hereunto.