March 31, 2016

At the meeting of the Board of Directors of ROHM Co. Ltd. ("Company") held on March 31, 2016, it was resolved to divest the Company's lighting business via Company Split ("Divestiture") effective on May 31, 2016, whereupon the business will be acquired by IRIS Ohyama Inc. This Divestiture is a simplified split and since no more than 10% of the Company's net assets as of the last day of the previous fiscal year and no more than 3% of the Company's sales earned in the previous fiscal year are estimated to be reduced as a result of the Divestiture, the Company will shorten certain items and contents in the items it discloses.

1. Objective of the Divestiture

Although the Company has been successful in acquiring semiconductor and electronic device technologies in lighting equipment and lighting systems in its "Optical Device-Related Business," the conditions of the lighting equipment market remains challenging. Pursuant to these conditions and with a goal of strengthening the competitiveness and profitability of the Company's lighting business, the Company has decided to execute the Divestiture and entrust the business to the IRIS Ohyama Inc., a firm that is expanding in the lighting equipment market.

2. Overview of the Divestiture

（1）Schedule of Divestiture

Board of Directors Meeting for Resolving to Execute Divestiture	March 31, 2016
Signing Divestment Contract	March 31, 2016
Effective Date	May 31, 2016 (planned date)

Note: This Divestiture falls under Article 784 Clause 2 of the Companies Act and therefore the Company does not plan to hold a general meeting of shareholders for resolving to execute the Divestiture.

（2）Method of Divestiture

The Divestiture is a Simplified Absorption-Type Split where the Company is the Splitting Company and IRIS Ohyama Inc. is the Succeeding Company.

（3）Assignment of Assets

IRIS Ohyama Inc. is scheduled to allocate about 0.3 billion yen to Company.

（4）Treatment of Share Warrants and Convertible Bonds Following Divestiture

There are no applicable matters.

（5）Change in Capital as a Result of Divestiture

This Divestiture does not have any effect on the Company's capital.

（6）Rights and Obligations Succeeded by Succeeding Company

All assets, rights, and obligations of the Company's lighting business, excluding monetary claims and monetary duties that arise prior to the effective date, will be succeeded by IRIS Ohyama Inc.

（7）Prospects for Fulfillment of Debts

There are no foreseen problems concerning the fulfillment of debt by either the Company or IRIS Ohyama Inc. following the effective date.

（8）Basic Understanding of Assignment of Assets Under this Corporate Restructuring

The Company and IRIS Ohyama Inc. have come to an agreement on the assignment of assets following deliberations and consideration of various matters such as the book value of assets.

3. Outline of the Splitting Company and Succeeding Company

	Splitting Company （March 31, 2015）	Succeeding Company （December 31, 2015）
(1) Name	ROHM Co., Ltd.	IRIS Ohyama Inc.
(2) Location	21 Saiin Mizosaki-cho, Ukyo-ku, Kyoto 615-8585	2-12-1 Itsutsubashi Aoba-ku, Sendai 980-8510
(3) Name and Title of Representative	President Satoshi Sawamura	President Kentaro Ohyama
(4) Overview of Business	Development, manufacturing and sales of electronic components including semiconductors	Designing, developing, manufacturing and sales of home-use products
(5) Capital	86,969 million yen	100 million yen
(6) Date of Establishment	September 17, 1958	April 14, 1971
(7) Number of Issued Shares	113,400,000 shares	104,000 shares
(8) Fiscal Year End	March	December
(9) Major Shareholders and Ratio of Held Shares	Rohm Music Foundation 7.56% The Master Trust Bank of Japan, Ltd. (Trust account) 6.66% Japan Trustee Services Bank, Ltd. (Trust account) 4.50%	OHYAMA Co.,Ltd 61.7% Kentaro Ohyama 27.9%
(10) Financials and Business Results of the Previous Fiscal Year
Fiscal Period	The fiscal year ended March 31, 2015 (Consolidated)	The fiscal year ended December 31, 2015 (Non- consolidated)
Net Assets	752,433 million yen	95,030 million yen
Total Assets	864,380 million yen	163,492 million yen
Net Assets per Share	6,975.07 yen	960,396.48 yen
Net Sales	362,772 million yen	105,895 million yen
Operating Income	38,800 million yen	1,666 million yen
Ordinary Income	59,218 million yen	8,456 million yen
Profit Attributable to Owner's of Parent	45,296 million yen	3,074 million yen
Net Income per Share	420.16 yen	31,076.55 yen

4. Overview of the Business to be Divested

（1）Business of the Department to be Divested

Lighting Business

（2）Operating Result of Department to be Divested

Net Sales	About 5.7 billion yen (the fiscal year ended March 31, 2015)
(Including 2.3 billion yen as net sales of Company's subsidiary, AGLED Co., Ltd. to be signed business transfer contract)

（3）Value of Assets and Debts to be Transferred

Type of Asset	Inventory, Cash, Fixed Assets
Value of Asset	1.4 billion yen (As of end of February 2016)
Type Debt	Reserve Fund
Value of Debt	1.05 billion yen

5. The Company and IRIS Ohyama Inc. Post-Divestment

The trade name, location, representative, business, capital, and fiscal period will not change for neither the Company nor Iris Ohyama Inc. post-divestment.

6. Effect of Divestiture

The Divestiture will have limited effect on the Company's operating results and consolidated financials.

(Reference) Predicted Business Results for Current Fiscal Year (announced on November 5, 2015) and Business Results of Previous Fiscal Year (the fiscal year ended March 31, 2015)

	Net Sales	Operating Income	Ordinary Income	Profit Attributable to Owner's of Parent	Net Income per Share
Predicted Business Results for Current Fiscal Year (The fiscal year ending March 31, 2016)	Million yen 363,000	Million yen 34,000	Million yen 40,000	Million yen 31,000	yen 291.97
Business Results of Previous Fiscal Year (The fiscal year ended March 31, 2015)	362,772	38,800	59,218	45,296	420.16