Regarding Position and Policy on Reduction of the Share-trading Units

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April 30,2014

KDDI Corporation

  1. 1. Position on reduction of the share-trading units
    KDDI Corporation (hereafter: KDDI) considers increasing the liquidity of its stock, expanding its base of investors, and increasing the number of its shareholders to be an important management issue. KDDI recognizes that a reduction in the share-trading units is one effective means to deal with this issue.

  2. 2. Policy on reduction of the share-trading units
    In regard to a reduction in the share-trading unit, KDDI is considering this issue carefully, with regard to such factors as the stock price, number of shareholders, stock liquidity, and expenses, and with consideration for future market trends, etc. However, specific methods, timing, etc. have not yet been determined.

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