Who is moving to which position
Resolved 7 August 2026The business environment surrounding the Company has changed significantly against a backdrop that includes rising geopolitical risks and resource policies in various countries. Following the Chinese government's tightening of export controls on critical minerals, uncertainty has increased regarding the outlook for tungsten supply, demand and prices. To respond rapidly to these circumstances, the Company will consolidate domestic and overseas sales information and advance its sales strategy from a global perspective.
The Sales Division and Overseas Business Division will be integrated to centralize sales functions.
| Item | Details |
|---|---|
| Resolution date | 7 August 2026 |
| Scheduled Appointment Date | 1 October 2026 |
| Reason for change | The business environment surrounding the Company has changed significantly against a backdrop that includes rising geopolitical risks and resource policies in various countries. Following the Chinese government's tightening of export controls on critical minerals, uncertainty has increased regarding the outlook for tungsten supply, demand and prices. To respond rapidly to these circumstances, the Company will consolidate domestic and overseas sales information and advance its sales strategy from a global perspective. |
| Number of directors after the change | 9 Directors, excluding Directors who are Audit and Supervisory Committee Members, and 3 Directors who are Audit and Supervisory Committee Members. Of these, 4 are Outside Directors. |
| Details of organizational changes | The Sales Division and Overseas Business Division will be integrated to centralize sales functions. |
Items this document does not state (16)
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.Amid rising geopolitical risks, resource policies in various countries, and the Chinese government's tightening of export controls on critical minerals, uncertainty has increased regarding the outlook for tungsten supply, demand and prices. The Company will centralize sales functions by consolidating domestic and overseas sales information and advancing its sales strategy from a global perspective.