REG-Mitsui & Co Ltd Changes of Directors and Executive Officers

Mitsui & CoAnnouncement

17/01/2020 09:15

Changes of Directors and Executive Officers

 

This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme




January 17, 2020




 


For Immediate Release




To Whom It May Concern





Mitsui & Co., Ltd.




 




 


Changes of Directors and Executive Officers




 




 


We hereby inform the following changes for Directors and Executive Officers, which were approved at our Board of Directors' meeting today.




 


Content list






 


Ⅰ . Executive Officers;




1) Promoted Executive Officers; April 1, 2020



2) Newly appointed Executive Officers; April 1, 2020



3) Related Personnel Changes for Executive Officers; April 1, 2020


4) Retiring Executive Officers; March 31, 2020





 


Ⅱ .　Directors;




1) Newly appointed Directors; June 19, 2020*



2) Retiring Directors; June 19, 2020**





 


Ⅲ .　Related Personnel Changes; April 1, 2020





 


* Subject to approval at the Ordinary General Meeting of Shareholders to be held on June 19, 2020.


** Effective on the close of the Ordinary General Meeting of Shareholders to be held on June 19, 2020.





[Attachment]




①Board of Directors and Audit & Supervisory Board Members after the upcoming


Ordinary General Meeting of Shareholders to be held on June 19, 2020.



②Candidates for Directors (newly appointed)



③Reasons for Appointment / Candidates for Directors (Reelected)





 


I . Executive Officers;




1） Promoted Executive Officers; 7 persons


April 1, 2020




Name
New
Present


Takakazu
Uchida
Representative Director
Executive Vice President; Chief Financial Officer; General Manager of Financial Management & Advisory Division IV
Representative Director
Senior Executive Managing Officer; Chief Financial Officer


Yoshio
Kometani
Representative Director
Senior Executive Managing Officer; Chief Digital Information Officer
Representative Director
Executive Managing Officer


Miki
Yoshikawa
Senior Executive Managing Officer
Executive Managing Officer; Chief Operating Officer of Food Business Unit


Hiroshi
Meguro
Executive Managing Officer; Chief Regional Representative in CIS; General Director of Mitsui & Co. Moscow LLC
Managing Officer; Chief Representative of Mitsui & Co., Ltd. in CIS; General Director of Mitsui & Co. Moscow LLC


Koji
Nagatomi
Executive Managing Officer; Deputy Chief Operating Officer of Asia Pacific Business Unit
Managing Officer; Chief Operating Officer of Healthcare & Service Business Unit


Sayu
Ueno
Executive Managing Officer; Chief Operating Officer of Americas Business Unit
Managing Officer; Chief Operating Officer of Basic Materials Business Unit


Hirohiko
Miyata
Executive Managing Officer; Chief Operating Officer of EMEA (Europe, the Middle East and Africa) Business Unit
Managing Officer; General Manager of Investment Administrative Division







 


2） Newly appointed Executive Officers; 8 persons



April 1, 2020




Name
New
Present


Atsushi
Kawase
Managing Officer; General Manager of Financial Management & Advisory Division III
Associate Officer; General Manager of Financial Management & Advisory Division IV


Koichi
Fujita
Managing Officer; Chief Operating Officer of Iron & Steel Products Business Unit
Deputy General Director of Mitsui & Co. Moscow LLC


Yoshiyuki
Enomoto
Managing Officer; General Manager of Financial Management & Advisory Division II
Deputy General Manager of Business Solutions Division (Mobility & Infrastructure)


Takashi
Furutani
Managing Officer; Chief Operating Officer of Basic Materials Business Unit
General Manager of Planning & Administrative Division (Chemicals)


Yoichiro
Endo
Managing Officer; Chief Operating Officer of Food Business Unit
Operating Officer of Food Business Unit


Takeshi
Akutsu
Managing Officer; General Manager of Corporate Planning & Strategy Division
General Manager of Planning & Administrative Division (Innovation & Corporate Development)


Makoto
Sato
Managing Officer; General Manager of Investment Administrative Division
General Manager of Planning & Administrative Division (Metals)


Toru
Matsui
Managing Officer; Chief Operating Officer of Energy Solutions Business Unit
General Manager of Corporate Planning & Strategy Division




 


3） Related Personnel Changes for Executive Officers; 13 persons



April 1, 2020




Name
New
Present


Kenichi
Hori
Representative Director
Senior Executive Managing Officer(*)
Representative Director
Senior Executive Managing Officer


Hirotatsu
Fujiwara
Representative Director
Senior Executive Managing Officer; Chief Human Resources Officer; Chief Compliance Officer
Representative Director
Senior Executive Managing Officer; Chief Compliance Officer


Yoshio
Kometani
Representative Director
Senior Executive Managing Officer; Chief Digital Information Officer
Representative Director
Executive Managing Officer


Shinsuke
Kitagawa
Senior Executive Managing Officer; Country Chairperson in India; Chairperson & Director of Mitsui & Co. India Pvt.Ltd.
Senior Executive Managing Officer; General Manager of Osaka Office


Shinichiro
Omachi
Senior Executive Managing Officer; Chief Strategy Officer
Senior Executive Managing Officer; Country Chairperson in India; Managing Director of Mitsui & Co. India Pvt.Ltd.


Miki
Yoshikawa
Senior Executive Managing Officer
Executive Managing Officer; Chief Operating Officer of Food Business Unit


Hiroyuki
Tsurugi
Executive Managing Officer; Chair & CEO of Mitsui & Co.(Australia) Ltd.
Executive Managing Officer; President & Chief Executive Officer of Mitsui Oil Exploration Co., Ltd.


Motoaki
Uno
Executive Managing Officer; Chief Operating Officer of Asia Pacific Business Unit
Executive Managing Officer; President & Chief Executive Officer of P.T.Mitsui Indonesia


Koji
Nagatomi
Executive Managing Officer; Deputy Chief Operating Officer of Asia Pacific Business Unit
Managing Officer; Chief Operating Officer of Healthcare & Service Business Unit


Sayu
Ueno
Executive Managing Officer; Chief Operating Officer of Americas Business Unit
Managing Officer; Chief Operating Officer of Basic Materials Business Unit


Hirohiko
Miyata
Executive Managing Officer; Chief Operating Officer of EMEA (Europe, the Middle East and Africa) Business Unit
Managing Officer; General Manager of Investment Administrative Division


Shinichi
Hori
Managing Officer; General Manager of Osaka Office
Managing Officer; Chief Operating Officer of Iron & Steel Products Business Unit


Masato
Sugahara
Managing Officer; Chief Operating Officer of Healthcare & Service Business Unit
Managing Officer; Deputy Chief Operating Officer & Chief Administrative Officer of Asia Pacific Business Unit


*Change of Areas Overseen




4） Retiring Executive Officers; 7 persons



March 31, 2020




Name
New
Present


Shinsuke
Fujii
Director (As of April 1, 2020)
Representative Director
Executive Vice President; Chief Administrative Officer; Chief Information Officer; Chief Privacy Officer


Nobuaki
Kitamori
Director (As of April 1, 2020)
Representative Director
Executive Vice President; Chief Digital Officer


Taku
Morimoto
Counselor (As of April 1, 2020)
Executive Vice President; Chief Operating Officer of Asia Pacific Business Unit


Yasuyuki
Fujitani
Counselor (As of April 1, 2020)
Senior Executive Managing Officer; Chief Operating Officer of EMEA (Europe, the Middle East and Africa) Business Unit


Katsurao
Yoshimori
Counselor (As of April 1, 2020)
Senior Executive Managing Officer; Chief Operating Officer of Americas Business Unit


Noboru
Katsu
Retiree
Executive Managing Officer; Chair & CEO of Mitsui & Co.(Australia) Ltd.


Takeshi
Setozaki
Retiree
Managing Officer; General Manager of Chubu Office




 


II．Directors； June 19, 2020



1) Newly appointed Directors; 3 persons



Name
New
Present


Shinichiro
Omachi
Representative Director
Senior Executive Managing Officer; Chief Strategy Officer
Senior Executive Managing Officer; Chief Strategy Officer (As of April 1, 2020)


Miki
Yoshikawa
Representative Director
Senior Executive Managing Officer
Senior Executive Managing Officer (As of April 1, 2020)


Masako
Egawa
Director(*)




(*)External Director



* Appointment of Directors is subject to approval at the Ordinary General Meeting of Shareholders to be held on June 19, 2020.




 


2) Retiring Directors; 3 persons



Name
New
Present


Shinsuke
Fujii
Counselor
Director (As of April 1, 2020)


Nobuaki
Kitamori
Counselor
Director (As of April 1, 2020)


Toshiro
Muto
Retiree
Director(*)



(*)External Director



*Retirement of Directors will be effective on the close of the Ordinary General Meeting of Shareholders to be held on June 19, 2020.




 


Ⅲ．　Related Personnel Changes; April 1, 2020



Name
New
Present


Jun
Notoya
Associate Officer; General Manager of Chubu Office
Associate Officer; General Manager of Hokkaido Office


Kazuhide
Nakajo
Chief Strategy Officer of Asia Pacific Business Unit
General Manager of Internet Communications Business Division, IT & Communication Business Unit


Faisal
Ashraf
Managing Director of Mitsui & Co. India Pvt.Ltd.
Deputy Managing Director of Mitsui & Co., Middle East Ltd.


Yasunori
Jinno
Associate Officer; President & Chief Executive Officer of P.T.Mitsui Indonesia
Associate Officer; Operating Officer of Mineral & Metal Resources Business Unit


Kazumasa
Miyazawa
Deputy General Director of Mitsui & Co. Moscow LLC
General Manager of Planning & Administrative Division (Energy)


Seiro
Yano
Internal Auditor of First Internal Auditing Department, Internal Auditing Division
General Manager of Business Solutions Division (Mobility & Infrastructure)


Toru
Iijima
Deputy General Manager of Financial Management & Advisory Division I
General Manager of LNG Business Development Division, Energy Business Unit II


Ryuichiro
Seki
Deputy General Manager of Financial Management & Advisory Division II
General Manager of Financial Management & Advisory Division III


Hidetomo
Araki
Deputy General Manager of Financial Management & Advisory Division III
General Manager of Strategic Planning Department, Performance Materials Business Unit


Tetsuji
Miyamori
Deputy General Manager of Financial Management & Advisory Division IV
Financial Management & Advisory Division IV


Hirotaka
Hamamoto
President & Chief Executive Officer of Mitsui Oil Exploration Co., Ltd.
Mitsui Oil Exploration Co., Ltd.








 



Board of Directors and Audit & Supervisory Board Members after the upcoming



Ordinary General Meeting of Shareholders to be held on June 19, 2020;







 



Representative Director,

Masami Iijima




Chairman of the Board of Directors





Representative Director, President and CEO
Tatsuo Yasunaga




Representative Director


Yukio Takebe




Representative Director


Takakazu Uchida




Representative Director


Kenichi Hori




Representative Director


Hirotatsu Fujiwara



Representative Director


Yoshio Kometani




Representative Director


Shinichiro Omachi



Representative Director


Miki Yoshikawa



＊
Director


Izumi Kobayashi



＊
Director


Jenifer Rogers



＊
Director


Samuel Walsh



＊
Director


Takeshi Uchiyamada


＊
Director


Masako Egawa




Audit & Supervisory Board Member

Makoto Suzuki




Audit & Supervisory Board Member

Kimiro Shiotani



＊
Audit & Supervisory Board Member

Haruka Matsuyama


＊
Audit & Supervisory Board Member

Hiroshi Ozu



＊
Audit & Supervisory Board Member


Kimitaka Mori








 







 




＊External Directors/Audit & Supervisory Board Members




②


Candidates for Directors (newly appointed)



 


Shinichiro Omachi




 


Date of birth:
July 18, 1960



 


Education:
Graduated from Keio University (Majored in Economics)



in March 1984



 


Joined Mitsui:
April, 1984



 


Career at the company:




 


April 1984
Iron Ore Division


February 1989
Iron Ore & BHP Trainee in Australia


February 1990
Iron Ore Division


June 1997
Trainee at Sloan School of Management, Massachusetts Institutes of Technology


June 1998
Mitsui & Co. (U.S.A), Inc., New York Head Office


February 2001
Dept.GM, Mitsui & Co. (U.S.A.) Inc., New York Head Office


December 2003
Dept.GM, Coal Division


May 2008
Co-DOO, Energy & Mineral Resources Div., Mitsui & Co. Europe Plc.,



London Head Office


April 2011
GM, Iron Ore Div.


April 2012
Deputy COO, Mineral & Metal Resources Business Unit


March 2014
Investment Administrative Division


April 2014
Managing Officer, Investment Administrative Division


April 2015
Managing Officer, COO, Mineral & Metal Resources Business Unit


April 2017
Executive Managing Officer, COO, Mineral & Metal Resources Business Unit


April 2019
Senior Executive Managing Officer,



Country Chairperson in India; Managing Director of Mitsui & Co. INDIA PVT. LTD.



 



 


Reason for appointment:
Mr. Shinichiro Omachi has been selected as a candidate for the Board of Directors, to capitalize on (i) his outstanding knowledge and a solid track record in the area of Mineral & Metal Resources, (ii) personal characteristics that make him suitable to play a role in the management of this company, (iii) the management skills that he has accumulated through his experience as the president of Mitsui & Co., India Pvt. Ltd and the GM of the Investment Administrative Div., etc. Going forward, Mr. Omachi is expected to supervise the Corporate Planning & Strategy Div., the Investment Administrative Div., and other corporate staff units as CSO, and to contribute to the enhancement of management capabilities and the continual growth of this company by utilizing his experience and insights for decision making in Board of Directors meetings and business execution supervision.





 





 





 





 





Number of Company's shares held:

 





23,642













②










 










 


Miki Yoshikawa


















 


Date of birth:
December 26, 1961
















 


Education:
Graduated from Otaru University of








Commerce (Majored in Commerce)








in March 1984

















 


Joined Mitsui:
April, 1984

















 


Career at the company:

















 


April 1984
Processed Food Division








May 1987
Tohoku Branch









September 1991
Processed Food Business Trainee in Europe







September 1992
Processed Food Division








July 1995
Seconded to Information resources JAPAN LIMITED






December 1997
Food Business Unit








August 1999
Food Administrative Division








March 2000
Seconded to Information resources JAPAN LIMITED as President





December 2003
Dept. GM, Food & Retail Division,








concurrently seconded to Bussan Food Service Co. Ltd.






October 2007
GM, Logistics Business Promotion Division







April 2008
GM, Retail Logistics Division








October 2010
GM, Retail Business Division








February 2012
DOO, Foodstuff Division, Asia Pacific Business Unit,







& SVP, Mitsui & Co. (Asia Pacific) Pte. Ltd. (in Singapore)






April 2015
Managing Officer, COO, Food Resources Business Unit






April 2016
Managing Officer, COO, Food Business Unit







April 2019
Executive Managing Officer, COO, Food Business Unit














 


Reason for appointment:
Mr. Miki Yoshikawa has been selected as a candidate for the Board of Directors, to capitalize on (i) his excellent knowledge and a solid track record in the area of Food & Retail business, (ii) personal characteristics that qualify him to assume a role in the management of this company, (iii) the management capabilities that he has acquired through a wide range of management roles as the president of an affiliated company in Japan, the COO of the Food Business Unit, as well as in the development of retail systems, and exiting from unsuccessful businesses. From now on, supervising the food, retail, and healthcare business areas, in which the company identifies its growth potential, Mr. Yoshikawa is expected to contribute to raising the company's value through focused business development and steady monetization, leveraging his breadth of experience and insights related to decision making and business execution of the Board of Directors.





 





 





 





 













 


Number of Company's shares held

17,495


















 











②










 










 


Masako Egawa


















 


Date of birth:
September 7, 1956
















 


Education:
Graduated from The University of Tokyo







(College of Arts and Science) in March 1980














 


Professional career:


















 


April 1980
Planning Division, Corporate Banking Division, Tokyo Branch, Citibank




June 1986
Graduated from Harvard Business School






September 1986
Investment Banking Division, New York Headquarters, Salomon Brothers Inc.



June 1988
Investment Banking Division, Tokyo Branch, Salomon Brothers Asia Securities




(Now, Citigroup Global Markets Japan Inc.)






December 1993
Corporate Finance Division, Tokyo Branch, S.G. Warburg






(Now, UBS Securities Japan Co. Ltd.)







November 2001
Executive Director, Japan Research Center, Harvard Business School




March 2006
Doctor of Commerce, Hitotsubashi University






April 2009
Executive Vice President, The University of Tokyo






September 2015
Professor, Graduate School of Commerce, Hitotsubashi University




April 2018
Professor, Hitotsubashi University Business School (renamed as written)












 


Current positions:


















 


March 2014
External Director, Asahi Glass Co., Ltd. (renamed as AGC Inc. in July 2018)




June 2015
External Director, Tokio Marine Holdings






June 2015
External Director, Mitsui Fudosan Co., Ltd.






July 2019
Vice Chairperson, Japan Securities Dealers Association






Chairperson, Self-regulation Board















 


Reason for appointment:
Ms. Masako Egawa has been selected as a candidate for the Board of Directors to capitalize on her excellent judgment encompassing financing and corporate management acquired through experience at international financial organizations and by her research in corporate governance. She demonstrated her organizational management capabilities as the Executive Vice President of The University of Tokyo and a member of the Japan Advisory Board of Harvard Business School. Her broad range of public contributions includes the activities at the Japan-United States Conference on Cultural and Educational Interchange and councils of the Ministry of Finance. Although Ms. Egawa has not been directly involved in corporate management, the company holds high expectations with respect to her providing advice and supervision over the company's activities.





 





 





 










 


Number of Company's shares held:











0













③



 


Reasons for Appointment / Candidates for Directors (Reelected)



 


Candidates for Directors (Reelected)



 


Candidates
Reasons for Appointment


Masami Iijima
Mr. Iijima served as COO of Mineral & Metal Resources Business Unit, etc. and then spent six (6) years from April 2009 to March 2015 as President of the Company. During this time, he showed outstanding managerial skills and made a significant contribution to the Company’s growth. Since his appointment as Chairman of the Board of Directors in April 2015, he has focused his efforts on external activities and on supervision of management, and has contributed to the operation of a highly effective Board of Directors. We have selected Mr. Iijima as a candidate for another term as Director so that he may utilize his wide-ranging management experience and deep knowledge of corporate governance to strengthen the Company’s governance.
Mr. Iijima’s role as Chairman of the Board of Directors of the Company chiefly involves carrying out supervision of management. He does not concurrently serve as an executive officer and he is not involved in the execution of day-to-day business operations.


Tatsuo Yasunaga
Mr. Yasunaga has superior expertise and an excellent track record in the Machinery & Infrastructure area and also possesses a character suitable for a management executive of the Company. Mr. Yasunaga was appointed CEO in April 2015 to exercise his excellent managerial skills accumulated through his experience in roles including secondment to the World Bank, etc., General Manager of Corporate Planning & Strategy Division, and COO of Integrated Transportation Systems Business Unit. In June of the same year, he was appointed Director of the Company, and since then he has adequately fulfilled his roles in both decision-making and supervision of business execution as CEO and Director. We consider it optimal for Mr. Yasunaga to continue to demonstrate solid leadership for the implementation of Medium-term Management Plan 2023 as the Representative Director and CEO. We have therefore selected him as a candidate for another term as Director.


Yukio Takebe
Mr. Takebe has superior expertise and an excellent track record in the Mineral & Metal Resources area and Energy area and also possesses a character suitable for being a part of the Company’s management. Mr. Takebe was appointed Director in June 2018 to exercise his accumulated excellent managerial skills through his experience in roles including COO of Mineral & Metal Resources Business Unit, President & Chief Executive Officer of P.T. Mitsui Indonesia, and Chairman & CEO of Mitsui & Co. (Australia) Ltd. Currently, Mr. Takebe is supervising Iron & Steel Products Business Unit, Mineral & Metal Resources Business Unit, Energy Business Unit I and Energy Business Unit II, and showing outstanding managerial skills based on his advanced expertise in the Company’s businesses. We have selected Mr. Takebe as a candidate for another term as Director so that he may utilize this experience and expertise in decision-making and supervision of business execution by the Board of Directors.


Takakazu Uchida
Mr. Uchida has superior specialist knowledge and an excellent track record in accounting and finance-related operations and also possesses a character suitable for being a part of the Company’s management. Mr. Uchida was appointed Director in June 2018 to exercise his accumulated excellent managerial skills through his experience in roles including General Manager of Market Risk Management Division, General Manager of Finance Division. Currently, Mr. Uchida is supervising finance related Corporate Staff Unit as CFO, and showing outstanding managerial skills based on his advanced expertise in the Company’s businesses. We have selected Mr. Uchida as a candidate for another term as Director so that he may utilize this experience and expertise in decision-making and supervision of business execution by the Board of Directors.


Kenichi Hori
Mr. Hori has superior expertise and an excellent track record in the Chemicals and Innovation & Corporate Development areas and also possesses a character suitable for being a part of the Company’s management. Mr. Hori was appointed Director in June 2018 to exercise his accumulated excellent managerial skills through his experience in roles including General Manager of Investor Relations Division, General Manager of Corporate Planning & Strategy Division, and COO of Nutrition & Agriculture Business Unit. Currently, Mr. Hori is supervising Basic Materials Business Unit, Performance Materials Business Unit, Nutrition & Agriculture Business Unit, Food Business Unit and Retail Business Unit, and showing outstanding managerial skills based on his advanced expertise in the Company’s businesses. We have selected Mr. Hori as a candidate for another term as Director so that he may utilize this experience and expertise in decision-making and supervision of business execution by the Board of Directors.


Hirotatsu Fujiwara
Mr. Fujiwara has superior expertise and an excellent track record in the Energy area and also possesses a character suitable for being a part of the Company’s management. Mr. Fujiwara was appointed Director in June 2019 to exercise his accumulated excellent managerial skills through his experience in roles including General Manager of Planning and Administrative Division (Energy) and Energy Business Unit II. Currently, Mr. Fujiwara is supervising human resources & general affairs, legal, and logistics, etc. related Corporate Staff Unit, and showing outstanding managerial skills based on his advanced expertise in the Company’s businesses. We have selected Mr. Fujiwara as a candidate for another term as Director so that he may utilize this experience and expertise in decision-making and supervision of business execution by the Board of Directors.


Yoshio Kometani
Mr. Kometani has superior expertise and an excellent track record in the Machinery & Infrastructure area and also possesses a character suitable for being a part of the Company’s management. Mr. Kometani was appointed Director in June 2019 to exercise his accumulated excellent managerial skills through his experience in roles including General Manager of Planning & Administrative Division (Infrastructure Projects Business Unit), Deputy COO of Asia Pacific Business Unit and COO of Infrastructure Projects Business Unit. Currently, Mr. Kometani is supervising Infrastructure Projects Business Unit, Mobility Business Unit I and Mobility Business Unit II, etc., and showing outstanding managerial skills based on his advanced expertise in the Company’s businesses. We have selected Mr. Kometani as a candidate for another term as Director so that he may utilize this experience and expertise in decision-making and supervision of business execution by the Board of Directors.


Izumi Kobayashi
Ms. Kobayashi has deep insight in organizational management and risk management for generating innovation, which she has accumulated through her experience working as the representative of private sector financial institutions and a multilateral development bank. She speaks out actively from diverse perspectives at the Board of Directors meetings, making a significant contribution to deepening the discussion. In the year ended March 31, 2020, she served as a member of the Remuneration Committee, and contributed to the discussions related to the design of a remuneration system for Officers and evaluation of Officers. In addition, as chair of the Nomination Committee, she exercised strong leadership in enhancing the transparency of the procedures for the appointment of executives, including the CEO. In view of these points we have selected Ms. Kobayashi as a candidate for another term as External Director so that she may continue to advise and supervise the Company’s management.


Jenifer Rogers
Ms. Rogers has a global perspective and deep insight in risk management cultivated through her experience working for international financial institutions and her experience in legal work as an in-house counsel. She makes many useful comments concerning risk control at the Board of Directors meetings, making a significant contribution to enhancing the supervision function of the Board of Directors. In the year ended March 31, 2020, she served as a member of the Governance Committee, actively provided her opinions with the aim of creating a highly transparent governance system. In view of these points we have selected Ms. Rogers as a candidate for another term as External Director so that she may continue to advise and supervise the Company’s management.


Samuel Walsh
Mr. Walsh has global expertise and excellent management skills cultivated through his long years working in upper management within the automobile industry and as chief executive officer of an international natural resources company. At the Board of Directors meetings, he makes many proposals and suggestions from a broad-minded standpoint based on his abundant business management experience, and makes significant contributions to active discussions at the meetings of the Board of Directors, and to improving the effectiveness of said meetings. In the year ended March 31, 2020, he served as a member of the Governance Committee, actively provided his opinions with the aim of creating a highly transparent governance system. He has diverse perspectives based on global corporate management experience and expertise and knowledge related to capital policy and business investment. We have selected Mr. Walsh as a candidate for another term as External Director so that he may continue to advise and supervise the Company’s management.


Takeshi Uchiyamada
Mr. Uchiyamada has long been involved in research on environmental and safety technologies at Toyota Motor Corporation that could realize a smart mobility society called for by today’s society, as well as in the development of products demanded by consumers, and has been exercising his excellent managerial skills as an executive officer of Toyota Motor Corporation. At the Board of Directors meetings, he makes many proposals and suggestions from a broad-minded standpoint based on his management experience at a global company and his in-depth knowledge of society in general, and makes significant contributions to active discussions at the meetings of the Board of Directors, and to improving the effectiveness of said meetings. In the year ended March 31, 2020, he served as a member of the Nomination Committee, and contributed to the discussions with the aim of enhancing the transparency of the procedures for the appointment of executives, including the CEO. In view of these points we have selected Mr. Uchiyamada as a candidate for another term as External Director so that he may continue to advise and supervise the Company’s management.


 
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