Biography

Mr. Hitoshi Nara properly supervises management as a Director. He has spearheaded the execution of business as President and Chief Executive Officer since FY2019 after being engaged in operations for the sales department of the Company’s industrial automation and control business, serving as President of domestic and overseas subsidiaries and working on the launch of new business, and has abundant experience and track records as a corporate manager. Because he is expected to continuously contribute to improvement of corporate value and strengthening of the decision-making function and the management supervision function of the Board of Directors by utilizing his experience in management and track records, he has been elected as a Director.

Number of years since appointment as a Director: 13 years

Mr. Hikaru Kikkawa has many years of experience in the Company’s accounting and treasury departments and business units including overseas subsidiaries. Most recently, he has demonstrated his high level of competence and expertise in business audits as Head of Audit & QHSE Headquarters, and he has extensive experience and achievements in management in the Company. Because he is expected to contribute to improvement of corporate value and strengthening of the decision-making function and the management supervision function of the Board of Directors by utilizing his experience in management and track records, he has been elected as a Director.

Ms. Michiko Nakajima has many years of experience in the accounting and treasury departments of the Company and currently serves as Head of Accounting & Treasury Headquarters, and has a wealth of knowledge and achievements in management of the Company. Because she is expected to contribute to improvement of corporate value and strengthening of the decisionmaking function and the management supervision function of the Board of Directors by utilizing her experience in management and track records, she has been elected as a Director.

Mr. Akira Uchida properly supervises management as an Outside Director. He was appointed as an Outside Director so that he can achieve to greater operational fairness, objectivity, and transparency with respect to supervision of management of the Company based on his wide knowledge as a corporate manager and wide experience in the corporate administration field centered on the Finance and Controller’s Division.

Number of years since appointment as a Director: 5 years

Concurrent Positions

Outside Director, J. FRONT RETAILING Co., Ltd.
Auditor, Suga Weathering Technology Foundation

Ms. Kuniko Urano properly supervises management as an Outside Director. She was appointed as an Outside Director so that she can contribute to greater operational fairness, objectivity, and transparency with respect to supervision of management of the Company based on her wide knowledge as a corporate manager and wide experience in divisions of production, personnel/education, public relations/CSR, etc., in major manufacturing companies.

Number of years since appointment as a Director: 3 years

Concurrent Positions

Senior Adviser of Komatsu Ltd.
Outside Director of MORINAGA & CO., LTD.
Outside Director of NIPPON STEEL CORPORATION
Director of JAPAN RUGBY LEAGUE ONE

Mr. Takuya Hirano properly supervises management as an Outside Director. He was appointed as an Outside Director so that he can contribute to greater operational fairness, objectivity, and transparency with respect to supervision of management of the Company based on his wide knowledge as a corporate manager and wide-ranging practical experience in the business divisions of a global IT firm.

Number of years since appointment as a Director: 2 years

Concurrent Positions

Co-founder of Three Fields Advisors LLC
Founder of Crosspoint LLC
Chairman (Part-time Member) of Yayoi Co., Ltd.
Outside Director of Renesas Electronics Corporation
Independent Director of Fujitsu Limited

Mr. Yujiro Goto properly supervises management as an Outside Director. He was appointed as an Outside Director so that he can contribute to greater operational fairness, objectivity, and transparency with respect to supervision of management of the Company based on his wide knowledge and experience as a corporate manager and corporate transformation, new business development, and M&A at a major manufacturing company.

Number of years since appointment as a Director: 1 year

Concurrent Positions

Advisor of NIPPON SHOKUBAI CO.,LTD.
Vice Chairman of Science Technology and Industrial Development Committee of Kansai Economic Federation

Ms. Yasuko Takayama properly supervises management as an Outside Audit & Supervisory Board Member. She worked for a major company in the consumer market where she gained extensive practical experience, including responsibility for CSR, and acting as a full-time audit and supervisory board member. She also has a wealth of experience as an outside executive at various companies. Accordingly, we expect her to contribute to greater operational fairness, objectivity, and transparency with respect to supervising management of the Company based on her such experiences, so she was appointed as an Outside Director.

Concurrent Positions

Outside Director of The Chiba Bank, Ltd.
Outside Director (Audit and Supervisory Committee Member) of COSMO ENERGY HOLDINGS CO., LTD.
Councilor of Japan Institute for Women’s Empowerment & Diversity Management

Mr. Makoto Ohsawa properly supervises management as an Outside Audit & Supervisory Board Member. He has wide knowledge based on his perspective as an experienced corporate manager and his extensive range of business activities in the economic circles, and also has a wealth of experience acting as an outside executive at various companies. Accordingly, we expect him to contribute to greater operational fairness, objectivity, and transparency with respect to supervising management of the Company based on his such experiences, so he was appointed as an Outside Director.

Concurrent Positions

Chief Executive Officer of FEMO Co., Ltd.
Representative Director and President of Long Stay Network Co., Ltd.
Outside Director of Bank of Toyama
Outside Director of AEON Bank, Ltd.
Director of Japan Business School Education Development Organization
Auditor of Kibun Scholarship Foundation
Councilor of Endeavor United Holdings Fund

Mr. Masaru Ono properly supervises management as an Outside Audit & Supervisory Board Member. He is a lawyer with wide knowledge of the corporate legal affairs and finance fields and has extensive knowledge from his extensive range of business activities in economic and educational circles. Accordingly, we expect him to contribute to greater operational fairness, objectivity, and transparency with respect to supervising management of the Company based on his such experiences, so he was appointed as an Outside Director.

Concurrent Positions

Representative Partner of Ono & Partners
Advisor of Nishimura & Asahi
External Auditor of Prestige International Inc.
Independent Auditor of &Capital Inc. (Part-time)
President of Securitization Forum of Japan
Auditor of Advanced Internship Institute of Japan Association of Corporate Executives

Mr. Hisashi Maruyama has broad experience and knowledge as a manager and in the field of legal, public relations and investor relations, finance, and CSR departments, leading corporate reform as CEO, in the major global manufacturing industry. Accordingly, we expect him to contribute to greater operational fairness, objectivity, and transparency with respect to supervising management of the Company based on his such experiences, so he was appointed as an Outside Director.

Concurrent Positions

Outside Director, Member of the Audit & Supervisory Committee of Zensho Holdings Co., Ltd.