Common use of Foreign Asset/Account Reporting Notice Clause in Contracts

Foreign Asset/Account Reporting Notice. The Employee is required to report details of any assets held outside Japan as of December 31 (including any Shares acquired under the Plan) to the extent such assets have a total net fair market value exceeding JPY 50,000,000. Such report will be due by March 15 each year. The Employee understands that he or she should consult with the Employee’s personal tax advisor as to whether the reporting obligation applies to the Employee and whether the Employee will be required to report details of any outstanding rights, Shares or cash that he or she holds.

Foreign Asset/Account Reporting Notice. The Employee is will be required to report details of any assets held outside of Japan as of December 31 (including any Shares acquired under the Plan) to the extent such assets have a total net fair market value exceeding JPY ¥50,000,000. Such report will be due by March 15 each year. The Employee understands that he or she should consult with the Employee’s his or her personal tax advisor as to whether the reporting obligation applies to the Employee and whether the Employee will be required to report details of any outstanding rightsRSUs, Shares or cash that he or she holdsheld by the Employee in the report.