Adviser to

Ueda Japan Radio Co., Ltd.

in the Company's

Restructuring Process

Restructuring Opportunity

N.D. 2016 Japan

Information Technology

Ueda Japan Radio Co.

Financial advisory services in converting Nagano Japan Radio Co., Ltd. and Ueda Japan Radio Co., Ltd. into a wholly owned subsidiary company through share transfer by Japan Radio Co., Ltd. (advisory services to Ueda Japan Radio Co., Ltd.)

Contact Person

Toshihiro Suezawa

ASPASIO Co. Ltd

E-mail suezawa.toshihiro@aspasio.com