MITSUBISHI ELECTRIC CORPORATIONPUBLIC RELATIONS DIVISION

7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-8310 JapanFOR IMMEDIATE RELEASE

No. 3574
Media Inquiries
Public Relations Division
Mitsubishi Electric Corporation
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Mitsubishi Electric Announces Organizational Reform Effective April 1 andChanges in Representative Executive Officers, Executive Officers andExecutive Officers (Associate)
TOKYO, February 16, 2023 – Mitsubishi Electric Corporation (TOKYO: 6503) announces that anorganizational reform will be conducted and a representative executive officer, the executive officer structure,and division of duties will be changed effective April 1, 2023, pursuant to a resolution passed during a regularmeeting of the Board of Directors held on February 16, 2023. The Company also announces Executive Officers(Associate) to be appointed on the same date.
1. Organizational Changes (effective April 1, 2023)(1) Reform of the Business Area management structure
In order to steadily push forward with the “transformation into a ‘Circular Digital-Engineering Company’that promotes solution of social challenges through its businesses while positioning the realization ofsustainability as the cornerstone of its corporate management” which is the ideal form pursued by theCompany, as part of the Business Area (hereinafter, “BA”) management structure that has been introducedin April 2022, the Company will newly establish “BA Strategic Planning Offices” to promote formulationand implementation of strategies of each BA, with the aim of further advancing and developing themanagement structure and make decisions more quickly.
As organizations that implement management reform and business transformation promoted from theperspective of investors by BA Owners who supervise each BA, the BA Strategic Planning Offices
accelerate, through maximization of the asset efficiency based on reallocation of resources with a bird’seye view within the BA and integration of technologies and know-how, such initiatives as solution ofsocial challenges by demonstrating synergies beyond walls of business divisions, formulation andimplementation of portfolio strategies, and building of optimal organizations and systems according to
the characteristics of each business of the BA, and at the same time, promote dynamic collaboration ofpeople and technologies among BAs and provision of the solution business.
In addition, the Semiconductor & Device Group will be separated from the Business Platform BA andmade into a business group under the direct control of President. This Group will support growth of eachBA through stable supply of semiconductors and devices, and at the same time, make decisions in an
appropriate and timely manner from a company-wide perspective on strategic investments in the power
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devices business which is expected to grow significantly in the future, and thereby drive the solid growth.
The relationship between business areas and business groups in FY2023 will be as follows:
P resident &CEO

Inf rastructure B A

Infrastructure
BA StrategicPlanning
OfficeEnergy &Industrial
SystemsGroup

Public Utility
SystemsGroupLif e B A

Life BA
StrategicPlanning
OfficeBuilding
SystemsGroup

Industry and Mobility B A

Defense &Space Systems
Group

Industry andMobility BA
StrategicPlanning
OfficeFactory
Automation
SystemsGroup

Automotive
EquipmentGroup

B usiness Platf orm B A
LivingEnvironment& Digital
Media
Equipment
Group

Business
Platform BA
StrategicPlanning
OfficeInformation
Systems &NetworkService Group

Semiconductor& Device
GroupCorporate divisions will make a further shift of their focus to portfolio reforms, value creation activities,
and strengthening of the infrastructure shared by the entire company from a company-wide perspective.
(2) Establishment of the DX Innovation Center
The “DX Innovation Center” will be newly established as an organization under the direct control ofPresident with the aim of accelerating transformation into the “Circular Digital-Engineering Company” that
contributes to solving social challenges. The Center builds digital infrastructures and spaces to organicallylink a broad range of data that is being accumulated at each Business Area with the aim of creating andpromoting various digital solution businesses, and accelerates and promotes such initiatives as data analysis
and usage leveraging the aforementioned infrastructures and spaces, securing and development of digitaltechnology-oriented human resources, and co-creation with customers and partners.
(3) Disbandment of the Corporate Communication Group
Under the Corporate Communication Group, the Sustainability Planning Division, Public Relations
Division and the Corporate Advertising Division have made united effort and facilitated communication
with stakeholders to promote ESG.
Going forward, with the aim of making sustainability the cornerstone of management and realizing“solution of social challenges through businesses” by mobilizing Group-wide efforts, the Sustainability
Planning Division will become an organization under the direct control of President, which will be thecore organization to achieve the foregoing together with the Business Area management structure thathas been established recently.
The Public Relations Division and the Corporate Advertising Division will become organizations under
the direct control of President, respectively, as communication strategy promotion divisions. They will
be responsible for building a new Mitsubishi Electric brand by disclosing information, inside and outsideof the Company in a highly transparent manner, on the progress of our sustainability management which
will be realized through diverse corporate activities and product systems and services. As a result, the“Corporate Communication Group” will be disbanded in a constructive manner.
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(4) Rename of the Electronic Systems Group to the Defense & Space Systems GroupThe name of the business group will be changed to the “Defense & Space Systems Group” tofulfill the accountability to stakeholders as a company responsible for national security anddisclose information appropriately.
2. Change of Representative Executive Officer (effective April 1, 2023)
Assignments and positions
Assignments and positions
Name(as of April 1, 2023)(as of February 16, 2023)
Representative Executive Officer,Executive Officer,
Senior Vice President,
In charge of Auditing,Industry and Mobility Business Area
CSO (In charge of Corporate Strategic
Owner (Senior General Manager,Planning, IR and SR, and Operations
Kunihiko Kaga
Industry and Mobility BA Strategicof Associated Companies),
Planning Office),
CTO (In charge of Technology
CTO (In charge of Technology
Strategies)
Strategies)* The representative executive officers of the Company are Messrs. Uruma, Matsumoto, and Kaga as ofApril 1, 2023.
3. Changes of Executive Officers (effective April 1, 2023)
Assignments and positions
Name(as of April 1, 2023)
Representative Executive Officer,
Kei Uruma
President & CEO
Representative Executive Officer,
Executive Vice President,
Life Business Area(*) Owner(Senior General Manager, Life BA
Strategic Planning Office,Tadashi Matsumoto
Representative Director andPresident, Mitsubishi Electric
Building Solutions Corporation),
In charge of Export Control
Representative Executive Officer,
Senior Vice President,
Industry and Mobility BusinessArea(*) Owner (Senior General
Kunihiko KagaManager, Industry and Mobility BA
Strategic Planning Office),
CTO (In charge of Technology
Strategies(*))
Senior Vice President,
Infrastructure Business Area(*)
Owner (Senior General Manager,
Noriyuki Takazawa
Infrastructure BA Strategic PlanningOffice)Executive Officer,
Atsuhiro Yabu
Group President, Automotive
Equipment
Executive Officer,
CRO (In charge of Legal Affairs &Compliance, Risk Management,
Satoshi Kusakabe
Economic Security and ExportControl)
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Same as left
Representative Executive Officer,
Senior Vice President,
Life Business Area(*) Owner(Group President, Building Systems,
Representative Director and President,
Mitsubishi Electric Building Solutions
Corporation),
In charge of Export Control
Executive Officer,
In charge of Auditing,
CSO (In charge of Corporate Strategic
Planning, IR and SR, and Operationsof Associated Companies),
CTO (In charge of Technology
Strategies(*))
Executive Officer,
Infrastructure Business Area(*)
Owner(Group President, Energy & IndustrialSystems)
Same as left

Same as left

Yoji Saito

Eiichiro Mitani

Executive Officer,
CMO (In charge of Global
Marketing(*) andAdvertising,Vice President, Corporate
Marketing),
In charge of Government & External
RelationsExecutive Officer,
Business Platform Business Area(*)
Owner (Senior General Manager,
Business Platform BA Strategic
Planning Office,Group President, Information
Systems & Network Service),
CIO (In charge of Information
Security and IT,
Vice President, Corporate Process &Operation Reengineering)

Kuniaki Masuda

Executive Officer,
CFO (In charge of Accounting andFinance)

Tomonori Sato

Executive Officer,
Group President, Defense & Space
Systems

Yoshikazu Nakai

Satoshi Takeda

Hiroshi Sakakibara

Yasunari Abe

Executive Officer,
CPO (In charge ofManufacturing(*),
Vice President, Corporate Total
Productivity Management &Environmental Programs),
CQO (Vice President, Corporate
Quality Assurance Reengineering)Executive Officer,
In charge of Auditing,
CSO (In charge of Corporate
Strategic Planning, IR and SR,
Operations of AssociatedCompanies, Three Key Reforms(*),
and Sustainability)
Executive Officer,
CDO (In charge of DX,
Vice President, Business Innovation)
Executive Officer,
CHRO (In charge of General Affairs
and Human Resources,
Senior General Manager, Corporate
Human Resources Div.),
In charge of Public Relations

Executive Officer,
CMPO (In charge of Purchasing),
CCO ( Vice President, Corporate
Communication,
In charge of Government & ExternalRelations)Executive Officer,
Business Platform Business Area(*)
Owner (Group President, Information
Systems & Network Service),
CIO (In charge of Information
Security and IT,
Vice President, Corporate Process &Operation Reengineering)
Executive Officer,
CFO (In charge of Accounting andFinance),
CHRO (In charge of General Affairs
and Human Resources)
Executive Officer,
In charge of Intellectual Property,
Vice President, Corporate Researchand Development
Executive Officer,
CPO (In charge of Manufacturing(*)),
CQO (Vice President, Corporate
Quality Assurance Reengineering)

Executive Officer,
Industry and Mobility Business
Area(*) Owner (Group President,
Factory Automation Systems)
Executive Officer,
CDO (Vice President, Corporate
Business Innovation)
Executive Officer (Associate), Senior
General Manager, Corporate Human
Resources Div.

*Details of areas of responsibility
Technology Strategies:

Intellectual Property, Corporate Research and Development

Global Marketing:Overseas and Domestic Marketing

Manufacturing:

Corporate Quality Assurance Reengineering, Total Productivity Management &Environmental Programs

Infrastructure Business Area:

Public Utility Systems, Energy & Industrial Systems, Defense & Space Systems

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Industry and Mobility Business Area: Factory Automation Systems, Automotive Equipment
Life Business Area:

Building Systems, Living Environment & Digital Media Equipment

Business Platform Business Area:

Information Systems & Network Service

Three Key Reforms:

Quality assurance reform, organizational culture reform, governance reform*Details of Chief Officer
CEO:
Chief Executive Officer
CTO:
Chief Technology Officer
CSO:
Chief Strategy Officer
CRO:
Chief Risk Management Officer
CMO:
Chief Marketing Officer
CMPO:
Chief Material Procurement Officer
CCO:
Chief Communication Officer
CIO:
Chief Information Officer
CFO:
Chief Financial Officer
CHRO:
Chief Human Resources Officer
CPO:
Chief Productivity Officer
CQO:
Chief Quality Officer
CDO:
Chief Digital Officer

4. Retiring Executive Officers (effective March 31, 2023)
Executive Officer

Yoshihisa Hara

Executive Officer

So Suzuki

Executive Officer

Shozui Takeno

Executive Officer

Katsuya Furuta

5. Changes of Executive Officers (Associate) (effective April 1, 2023)
Assignments and positions
PositionsName(as of April 1, 2023)(as of February 16, 2023)
Executive Officer,
Executive Officer,
Yasumichi Tazunoki Group President, Living Environment Senior General Manager, Corporate& Digital Media Equipment
Strategic Planning Div.
Executive Officer,
Executive Officer,
In charge of Purchasing,Senior General Manager, Corporate
Shigeki Kawaji
Senior General Manager, Corporate
Purchasing Div.
Purchasing Div.
Executive Officer,
Overseeing Accounting and Finance,
Kenichiro Fujimoto
Same as left
Senior General Manager, Corporate
Accounting Div.
Executive Officer,
Masayoshi Takemi
Group President, Semiconductor &Same as left
DeviceExecutive Officer,
Hideto NegoroGroup President, Public Utility
Same as left
Systems
Executive Officer,
Vice President, Global Strategic
Planning & Marketing,
Representative of Americas, Global
Executive Officer,
Strategic Planning & Marketing
Masahiro Oya
Vice President, Global Strategic
Planning & Marketing
President, Mitsubishi Electric US
Holdings, Inc.
Chairperson, Mitsubishi Electric US,Inc.
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Iwao Oda

Executive Officer,
Group President, Building Systems,
Representative Director and Vice
President, Mitsubishi Electric
Building Solutions Corporation

Hiroshi Tsuchimoto

Executive Officer,
Senior General Manager, Corporate
Strategic Planning Div.

Toshie Takeuchi
Soichi Hamamoto
Toru Oka

Michael Corbo

Executive Officer, Group President,
Factory Automation Systems
Executive Officer, Group President,
Energy & Industrial Systems
Executive Officer,
In charge of Intellectual Property,
Vice President, Corporate Researchand Development
Executive Officer, Representative ofAmericas, Global Strategic Planning &Marketing
President, Mitsubishi Electric US
Holdings, Inc.
President & CEO, Mitsubishi Electric
US, Inc.

Group Senior Vice President, Building
Systems,Senior General Manager, Planning &Administration Dept. of Building
SystemsGroup,Director, Mitsubishi Electric BuildingSolutions Corporation
Senior General Manager, Planning &Administration Div. of Semiconductor& Device Group,
Senior General Manager, LCD Division
Senior General Manager, Fukuyama
Works
Senior General Manager, Energy
Systems Center
Senior General Manager, Advanced
Technology R&D Center

President & CEO, Mitsubishi Electric
US, Inc.

6. Name and Career Summary of New Officers (as of February 16, 2023)(1) Newly appointed representative executive officer
March 1990
Completed Master’s degree in Engineering Science,
Kunihiko Kaga
Graduate School of Engineering, Kyoto University
April 1990
Joined the Company
Date of Birth:
April
2017
Deputy Senior General Manager, Air-Conditioning &September 22, 1964
Refrigeration Systems Works
April
2018
Senior General Manager, Air-Conditioning &The number of shares
Refrigeration Systems Works
owned: 14,000 shares
April 2020
Deputy Vice President, Corporate Research andDevelopment Group
April 2021
Executive Officer (in charge of Research andDevelopment), CTO, Vice President, Corporate
Research and Development
July 2021
Executive Officer (in charge of Corporate StrategicPlanning and Operations of Associated Companies),
CSO, Senior General Manager, Corporate Strategic
Planning Div.
April 2022
Executive Officer, In charge of Auditing, CSO (Incharge of Corporate Strategic Planning, Operations of
Associated Companies), CTO (In charge of TechnologyStrategies)
June 2022
Director, Executive Officer, In charge of Auditing, CSO(In charge of Corporate Strategic Planning, Operationsof Associated Companies), CTO (In charge ofTechnology Strategies)
January 2023
Director, Executive Officer, In charge of Auditing, CSO(In charge of Corporate Strategic Planning, IR and SR,and Operations of Associated Companies), CTO (Incharge of Technology Strategies) (current position)
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(2) Newly appointed executive officer
Yasunari Abe
March 1989
April 1989
April 2018
April 2020
April 2022

Graduated from Faculty of Education, Tohoku
University
Joined the Company
Deputy Senior General Manager, Corporate Human
Resources Div.
Senior General Manager, Public Relations Div. ofCorporate Communication Group
Executive Officer (Associate), Senior General Manager,Corporate Human Resources Div. (current position)(3) Newly appointed executive officers (associate)
Iwao Oda
March 1986
Graduated from School of Law, Waseda University
April 1986
Joined the Company
April 2014
Deputy Senior General Manager, Planning &Administration Dept. of Building Systems Group
April 2016
President, Mitsubishi Elevator India Private Ltd.
April 2017
Senior General Manager, Planning & Administration
Dept. of Building Systems Group
October 2020 Group Senior Vice President, Building Systems, Senior
General Manager, Planning & Administration Dept. ofBuilding Systems Group
April 2022
Group Senior Vice President, Building Systems, Senior
General Manager, Planning & Administration Dept. ofBuilding Systems Group, Director, Mitsubishi Electric
Building Solutions Corporation (current position)
Hiroshi Tsuchimoto

March 1988
April 1988
April 2016
April 2020

Toshie TakeuchiMarch 1988
April 1988
April 2016
April 2019
April 2021

Soichi Hamamoto

March 1992
April 1992
October 2017
April 2019

Graduated from School of Economics, Kansei Gakuin
University
Joined the Company
Senior General Manager, Planning & Administration
Dept. of Telecommunication Systems Group
Senior General Manager, Planning & Administration
Div. of Semiconductor & Device Group, Senior General
Manager, LCD Division (current position)
Graduated from Department of Mathematics, School ofScience, Osaka University
Joined the Company
Deputy Senior General Manager, Transmission &Distribution Systems Center.
Deputy Senior General Manager, Energy SystemsCenterSenior General Manager, Fukuyama Works (currentposition)
Completed Master’s course in Physics, Graduate Schoolof Science, Kyushu University
Joined the Company
Deputy Senior General Manager, Kobe Works
Senior General Manager, Energy Systems Center(current position)

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Toru OkaMarch 1993
April 1993
April 2017
April 2019
April 2021
July 2021

Michael Corbo

May 1981
1981
1982
August 1986
April 2018
May 2021

Completed Master’s course in Precision Engineering,
Graduate School of Engineering, Tohoku University
Joined the Company
President, Mitsubishi Electric R&D Centre Europe B.V.
Senior General Manager, Planning & Administration
Dept. of Corporate Research and Development Group
Deputy Senior General Manager, Corporate Strategic
Planning Div.
Senior General Manager, Advanced Technology R&DCenter (current position)
Graduated in Marketing, School of Business, Ohio
University
Joined Katy Steel & Aluminum
Joined Schindler Elevator Corporation
Joined Mitsubishi Electric Sales America, Inc.
Executive Vice President & COO, Mitsubishi Electric
US, Inc.
President & CEO, Mitsubishi Electric US, Inc. (currentposition)###About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi ElectricCorporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electricaland electronic equipment used in information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation and building equipment.
Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company
recorded a revenue of 4,476.7 billion yen (U.S.$36.7 billion*) in the fiscal year ended March 31, 2022. For
more information, please visit www.MitsubishiElectric.com*U.S. dollar amounts are translated from yen at the rate of ¥122=U.S.$1, the approximate rate on the Tokyo
Foreign Exchange Market on March 31, 2022

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