

| Company Name | SHOEI CO.,LTD. |
|---|---|
| Established on | March 17,1959 |
| Net sales | 13,586,081,737Yen (as of September 30,2007) |
| Paid-up Capital | 1,394,778,424Yen |
| President | Masaru Yamada |
| Number of Employees | 477 |
| Head Office | 5-8-5,Ueno,Taito-ku,Tokyo |
| Factories | Ibaraki Factory: 1793-1,Haga,Inashiki-shi,Ibaraki Iwate Factory: 27-1,Nooka,Tokuda,Fujisawa-cho,Higashiiwai-gun,Iwate |
| Consolidated Subsidiaries | SHOEI (EUROPA) GMBH SHOEI DISTRIBUTION GMBH SHOEI EUROPE DISTRIBUTION SARL SHOEI SAFETY HELMET CORPORATION |



Based upon a business concept of "Quality & Value", we are specialized in manufacturing and Selling "premium Helmets" in high quality and high value addition in such aspects as safety, Comfort and fashion.
We have 4 subsidiaries in Europe and U.S.A. SHOEI DISTRIBUTION GMBH in Germany and SHOEI EUROPE DISTRIBUTION SARL in France are distributing our products almost 60% of total volume in whole Europe including sales to their neighboring countries. SHOEI (EUROPA) GMBH in Germany and SHOEI SAFETY CORPORATION in U.S.A. are engaged in control of distributors and sales promotion activities. In collaboration with local distributors, they are performing after-sale-service to improve customer satisfaction.
And also, repair of our products are made in our overseas subsidiaries where qualified repairpersons are stationed and necessary equipments for repair are installed. Not only staying in the offices repairpersons are visiting dealers shops, motorcycle race circuits and tradeshows to satisfy repair request of customers. These enhanced after-sale-services are really improving customer satisfactions.


Considering for return of profit to our shareholders the most important management policy, we regard dividend propensity as important and allocate fruit corresponding to our performance.
Accumulating shareholders equity to strengthen financial structure, we pay dividend targeting 30% of our consolidated profit after closing our fiscal year account and do our best effort to enlarge consolidated dividend propensity. We do not have any idea of profit allocation other than dividend after fiscal year account for the moment.
Based upon these policies we paid ordinary divided of Yen 67 per share (increase of Yen 16 compared with previous year) for the fiscal year ended September 2007. When our cash and deposit exceed Yen 4 billion and there is no special capital requirement, we like to increase consolidated dividend propensity up to 50%.
Cash and deposit as of end of September 2008 are expected to exceed Yen 4 billion. We expect dividend for this fiscal year 50% of consolidated net profit. As of January 1st 2008, 1 ordinary share of ours was divided to 2 shares. Therefore, dividend per share will be Yen58 (increase of Yen 49 actually compared with previous year).
| Security Code | 7839 |
|---|---|
| Stock Market | 2nd Division, Tokyo Stock Exchange |
| Manager of Shareholders List | Mitsubishi UFJ Trust |
| Share Unit | 100 Shares |
| Number of Shareholders | 1,392 as of September 30, 2007 |
| Number of Issued Shares | 14,522,400 |
