Notice Concerning Stock Split and Partial Change to Articles of Incorporation

January 30,2015

KDDI Corporation

Tokyo: KDDI Corporation (hereafter the Company) announces that at the meeting of the Board of Directors held on January 30, 2015, it resolved to conduct a stock split and partially revise the articles of incorporation. The details are as follows.

Purpose of Stock Split

The stock split will be conducted with the aim of increasing the liquidity of the Companys stock and expanding its investor base by reducing the price of share-trading units.

Overview of Stock Split

(1)

Method of stock split

The stock split shall have a record date of Tuesday, March 31, 2015 and shall involve the splitting of common stocks held by shareholders whose names are recorded in the latest Registry of Shareholders on the record date at a ratio of 1:3.

(2)

Number of increase in shares by stock split

1)

Total number of issued shares before stock split 896,963,600 shares

2)

Number of increase in shares by stock split 1,793,927,200 shares

3)

Total number of issued shares after stock split 2,690,890,800 shares

4)

Total number of authorized shares after stock split 4,200,000,000 shares

(3)

Schedule of stock split

1)

Public notice date of the record date Monday, March 16, 2015

2)

Record date Tuesday, March 31, 2015

3)

Effective date Wednesday, April 1, 2015

Partial Change to the Articles of Incorporation

(1)

Reason for change

In conjunction with the stock split, the Company shall revise Total Number of Authorized Shares, Article 6 of the articles of incorporation, effective April 1, 2015, in accordance with the provisions of Article 184, Paragraph 2 of the Companies Act.

(2)

Description of change PresentProposed articles

Article 6

(Total Number of Authorized Shares)

The total number of authorized shares of the Company shall be 1,400,000,000 shares.

Article 6

(Total Number of Authorized Shares)

The total number of authorized shares of the Company shall be 4,200,000,000 shares.

(3)

Schedule

Effective date of partial change to the articles of incorporation

Wednesday, April 1, 2015

Others

(1)

Changes in capital

The stock split will not result in changes in capital.

(2)

Dividends

As the effective date of the stock split will be April 1, 2015, dividends for the fiscal year ending March 31, 2015 which have a record date of March 31, 2015 will be based on the number of shares prior to the stock split. The Companys projected year-ended dividends for the fiscal year ending March 31, 2015, are 80 yen per share, the same as previously projected.

(3)

Shareholder Benefits

In accordance with this stock split, the content of shareholder benefits for the fiscal year ending March 31, 2015 (to be issued in mid-June) remains the same as that announced on October 28, 2013, in the Notice on Introduction of Special Benefit Plan for Shareholders.

[Please refer to the Companys press release at the following URL.]

http://www.kddi.com/english/co/ir/news/2013/1028/

Any details regarding future shareholder benefits will be announced separately.

The information contained in the articles is current at the time of publication.

Products, service fees, service content and specifications, contact information, and other details are subject to change without notice.

LINK:	http://news.kddi.com/kddi/corporate/english/ir-news/2015/01/30/898.htm...
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