Who is moving to which position
Resolved 20 May 2026Incoming appointee
1 itemDeparting officer
1 itemExpiration of term
Will not remain on the Board of Directors
The Company will establish a succession structure for the responsibilities assigned to Hisashi Akase (赤瀬寿), whose term as a director will expire upon the conclusion of the 45th Annual General Meeting of Shareholders to be held on 26 June 2026, while appointing personnel from the next generation with the aim of achieving continued business growth. In addition, the Company aims to further strengthen its additives business, including ultraviolet absorbers, one of its core products, by entrusting a director with specialized knowledge and experience to take exclusive responsibility for the business.
The Company aims to further strengthen its management structure, appoint personnel from the next generation and achieve continued business growth. In addition, by appointing a person with extensive knowledge of the business as a director, the Company expects the appointee to contribute to enhancing the functions of the Board of Directors by utilizing his high level of expertise. In particular, the candidate has many years of experience in administrative functions, including planning, IR and human resources, and currently serves in a role with executive responsibility for these functions.
| Item | Details |
|---|---|
| Resolution date | 20 May 2026 |
| Scheduled Appointment Date | 26 June 2026. Formal appointment and assumption of office are scheduled, subject to approval at the 45th Annual General Meeting of Shareholders to be held on 26 June 2026 |
| Date of departure | 26 June 2026 (Hisashi Akase (赤瀬寿), whose term of office is expiring) |
| Name of appointee | Naoshi Yamase (山瀬直) |
| Appointee's new position | Director, Head of the President’s Office and Director in Charge of Compliance |
| Appointee's previous position | Executive Officer, Head of the President’s Office |
| Appointee's date of birth | 13 January 1969 |
| Name of departing officer | Hisashi Akase (赤瀬寿) |
| Reason for departure | Expiration of term |
| Whether the incumbent will remain in office | Will not remain on the Board of Directors |
| Reason for change | The Company will establish a succession structure for the responsibilities assigned to Hisashi Akase (赤瀬寿), whose term as a director will expire upon the conclusion of the 45th Annual General Meeting of Shareholders to be held on 26 June 2026, while appointing personnel from the next generation with the aim of achieving continued business growth. In addition, the Company aims to further strengthen its additives business, including ultraviolet absorbers, one of its core products, by entrusting a director with specialized knowledge and experience to take exclusive responsibility for the business. |
| Reasons for appointment | The Company aims to further strengthen its management structure, appoint personnel from the next generation and achieve continued business growth. In addition, by appointing a person with extensive knowledge of the business as a director, the Company expects the appointee to contribute to enhancing the functions of the Board of Directors by utilizing his high level of expertise. In particular, the candidate has many years of experience in administrative functions, including planning, IR and human resources, and currently serves in a role with executive responsibility for these functions. |
| Subject to Approval by the General Meeting of Shareholders | Required. The proposal is titled Election of a New Director and is scheduled to be submitted to the 45th Annual General Meeting of Shareholders to be held on 26 June 2026 |
Items this document does not state (8)
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 Company aims to ensure a succession structure for the responsibilities assigned to Hisashi Akase (赤瀬寿), whose term of office is expiring, and to achieve continued business growth by appointing personnel with the next generation in mind. In addition, the Company aims to further strengthen its additives business by assigning a director with specialized knowledge and experience in the business to oversee it exclusively. With respect to Yamase, the Company aims to strengthen its management structure, appoint personnel from the next generation and enhance the Board of Directors’ functions by utilizing his expertise.