This document has been translated for reference only from the original Japanese version. The Company gives no warranty with respect to its correctness.

May 9, 2012

Takara Holdings Inc.


Notice Regarding Payment of Dividends from Retained Earnings

Kyoto, Japan—Takara Holdings has announced that a resolution has been made at meeting of the Board of Directors held on May 9, 2012, to issue dividend payments from retained earnings as follows. The dividend payments will have a recorded date of March 31, 2012. Further, the Company intends to submit this resolution for approval at the general shareholders' meeting scheduled to be held on June 28, 2012.

1. Details of dividend

2. Reason

Regarding returns to shareholders, the Company's basic policy is to maintain stable dividends while taking into account operating performance when deciding on dividends each year. Also, we are committed to improving capital efficiency through the implementation of share buybacks. In accordance with this policy, we chose to raise dividend payments by 0.50 yen per share from the planned dividend of 8.50 yen per share, to 9.00 yen per share. This raise was decided in consideration of a comprehensive view of the Company's full-year operating results and financial situation.