Notes) Messrs. Yoshihiko Iwasaki and Akihiko Matsuzaki are External Corporate Auditor.

I will rigorously audit the performance of the company in conjunction with its diversifying business operations
Capcom's team of corporate auditors consists of four individuals, includingtwo external auditors.
Daily audit operations are implemented in accordance with the audit policy and segregation of duties determined by the Board of Corporate Auditors. To perform our duties, we communicate with the board of directors, Auditors Office and other persons within the company, and work to ensure a suitable audit environment is in place. In addition, collaborating with the Audit Committee newly established in the previous fiscal year, we constantly share information and views in order to reinforce operational audits. We also audit and verify frameworks that ensure director duties conform to laws and the company's articles of incorporate as well as frameworks for ensuring the appropriate operations of the company (internal control system).
Corporate auditors attend board of directors and other important company meetings, and based on reports from directors on their duties, when necessary, we request further explanations and browse important decision-making documents to investigate the status of Capcom's operations and assets.
With Capcom set to accelerate its global expansion going forward, I would like to strengthen our communication and information exchange with directors at our overseas subsidiaries and perform rigorous audits that incorporate external perspectives.

Compensation for the directors and corporate auditors of Capcom were as follows for the year that ended in March 2012.

• 42 million yen was paid to 5 corporate auditors (including 16 million yen to the 3 external corporate auditors)