We seek to generate absolute returns by employing an Activist investment strategy among Japanese listed equities.
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Strategic Capital, Inc.

MO Building 6F, 3-14-15, Higashi, Shibuya-ku, Tokyo, JAPAN 150-0011

Proposals

CHORI CO., LTD. 2018

◆June 1st, 2018

Strategic Capital, Inc sent a letter to shareholders of CHORI CO.,LTD. (TSE Code 8014) for the up-coming annual general meeting of shareholders in June, 2018. The purpose of the letter is to inform shareholders of our proposals. Expecting the shareholders will approve our proposals, we inform the shareholders of the confirmation of receipt by the company and publically make the announcement.

The Execution of Voting Form at the Shareholders Meeting_CHORI

◆April 18th, 2018

Strategic Capital, Inc. (hereinafter referred to as “Strategic Capital”) is under a discretionary investment contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the “Fund”) and the Fund and Strategic Capital hold over 300 units of voting right of CHORI CO., LTD. (hereinafter referred to as “CHORI”) over 6 months.

The Fund and Strategic Capital are pleased to announce that, on April 17th, 2018, we notified CHORI of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June and confirmed that, on April 18th, 2018, CHORI certainly received the documents of the proposal.

A brief detail of our proposal is as followings.

To Shareholders of CHORI CO.,LTD

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