Who is moving to which position
Resolved 28 August 2026Incoming appointee
2 itemsDeparting officer
1 itemTo further strengthen raw-material procurement, the Materials Department will be separated from the Administrative Headquarters and reorganized as an independent department. By consolidating procurement-related authority and responsibility within the Materials Department and enhancing its expertise and responsiveness, the Company aims to respond quickly and appropriately to changes in the business environment, while improving profitability through stable procurement of raw materials and enhanced procurement capabilities.
Effective 1 October 2026, the Materials Department will be separated from the Administrative Headquarters and reorganized as an independent department. Procurement-related authority and responsibility will be consolidated within the Materials Department. The Company will also review the structure of its other administrative departments so that each department operates independently.
| Item | Details |
|---|---|
| Resolution date | 28 August 2026 |
| Scheduled Appointment Date | Effective 1 September 2026 and 1 October 2026. The effective date of each listed change is the respective date. |
| Date of departure | Effective 30 September 2026 (Ogawa Fumio (小川 文生) of 佳里多（上海）貿易有限公司) |
| Name of appointee | Kori Hidejiro (郡 秀次郎), Muto Naonori (武藤 尚徳) |
| Appointee's new position | Director (東洋発條工業株式会社), Chairman and General Manager (佳里多（上海）貿易有限公司) |
| Name of departing officer | Ogawa Fumio (小川 文生) |
| Former position of departing officer | Chairman (佳里多（上海）貿易有限公司) |
| Reason for change | To further strengthen raw-material procurement, the Materials Department will be separated from the Administrative Headquarters and reorganized as an independent department. By consolidating procurement-related authority and responsibility within the Materials Department and enhancing its expertise and responsiveness, the Company aims to respond quickly and appropriately to changes in the business environment, while improving profitability through stable procurement of raw materials and enhanced procurement capabilities. |
| Details of organizational changes | Effective 1 October 2026, the Materials Department will be separated from the Administrative Headquarters and reorganized as an independent department. Procurement-related authority and responsibility will be consolidated within the Materials Department. The Company will also review the structure of its other administrative departments so that each department operates independently. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The changes are intended to further strengthen raw-material procurement, improve expertise and responsiveness by consolidating procurement-related authority and responsibility within the Materials Department, respond quickly and appropriately to changes in the business environment, and improve profitability through stable procurement of raw materials and enhanced procurement capabilities. The Company will also review the structure of its other administrative departments so that each department operates independently, thereby improving efficiency and flexibility across the Company.