For immediate release
April 27, 2017
Company name:
Representative:
Stock ticker code:

Makita Corporation
Shiro Hori, President, Representative Director
6586

Announcement of Changes in Representative Directors and Changes in Managements
Makita Corporation announces that its Board of Directors, at a meeting held today, has resolved on the followingchanges in representative directors and changes in managements.
The change of Directors will be officially implemented upon approval at the 105th Annual General Meeting ofShareholders to be held on June 28, 2017 and resolution of the Board of Directors to be held following the Annual GeneralMeeting of Shareholders.
1. Changes in representative directors (scheduled to take effect on June 28, 2017)(1) Reason for the changes
To enhance its management system so that it can swiftly respond to changes in the global business environment
and further expand its business.
(2) Newly appointed representative director
Name
Munetoshi Goto

New Title
President, Representative Director

Present Title
Director, Corporate Officer, General Manager ofInternational Sales Headquarters(3) Retirement as a representative director
Name
Present Title
Shiro Hori
President, Representative Director
Note: After retiring, Shiro Hori will serve as an Advisor for the Company.

(4) Brief personal background of newly appointed representative director
Name(Date of Birth)

Munetoshi Goto(April 26, 1975)

Number of theCompany’s shares held
(as of March 31, 2017)

Brief personal background
April 1999
April 2012
June 2013

Joined Makita Corporation
General Manager of International Sales Administration
Department
Director, Corporate Officer, General Manager ofInternational Sales Headquarters

228,945

Note: The Company conducted a stock split of common stocks at a ratio of 1:2 with an effective date of April 1, 2017.

2. Changes in Directors (scheduled to take effect on June 28, 2017)(1) Newly appointed directors
NameTakashi Omote

New Title
Director, Corporate Officer,
General Manager of International SalesHeadquarters

Yukihiro Otsu

Director, Corporate Officer,
General Manager of Administration Headquarters

English Translation of press release originally issued in JapanesePresent Title
Corporate Officer,
In charge of Central and South America Sales andPresident of Makita do Brasil Ferramentas Elétricas
Ltda.
General Manager of Accounting Department

1(2) Retirement as a board member
NameTomoyasu Kato

Present Title
Director, Corporate Officer,
General Manager of Research and Development
Headquarters
Yoji AokiDirector, Corporate Officer,
General Manager of Administration Headquarters
Note: After retiring, Tomoyasu Kato and Yoji Aoki will serve as Advisors for the Company.

(3) Change of position
Name
Tadayoshi Torii
Tetsuhisa Kaneko

New Title
Director, Managing Corporate Officer,
General Manager of Production Headquarters
Director, Corporate Officer,
General Manager of Research and Development
Headquarters

Present Title
Director, Managing Corporate Officer
Director, Corporate Officer,
General Manager of Production Headquarters

3. Changes in Corporate Officers (scheduled to take effect on June 28, 2017)
Newly appointed corporate officers
NameLarry Peck

Rich Chapman
Barry Smart

New TitleCorporate Officer ,President of Makita Corporation of America, and in
charge of Brazil Plant
Corporate Officer,
Executive Vice President of Makita U.S.A. Inc.
Corporate Officer,
Sales and Marketing Director of Makita (U.K.) Ltd.

English Translation of press release originally issued in JapanesePresent Title
President of Makita Corporation of America

Senior Vice President, National Sales of Makita
U.S.A. Inc.
National Sales Manager of Makita (U.K.) Ltd.

2

New management system (Date of assuming offices: June 28, 2017)
1. Directors and Audit & Supervisory Board MembersNameMasahiko Goto

Official Title
Chairman, Representative Director

Munetoshi Goto

President, Representative Director

Tadayoshi ToriiDirector, Managing Corporate Officer

General Manager of Production Headquarters

Hisayoshi Niwa

Director, Corporate Officer

General Manager of Quality Headquarters

Shinichiro Tomita

Director, Corporate Officer

General Manager of Purchasing Headquarters

Tetsuhisa Kaneko

Director, Corporate Officer

General Manager of Research and Development Headquarters

Tomoyuki Ota

Director, Corporate Officer

Takashi Tsuchiya

Director, Corporate Officer

Assistant General Manager of Research and DevelopmentHeadquarters
General Manager of Domestic Sales Marketing Headquarters

Masaki Yoshida

Director, Corporate Officer

Takashi OmoteDirector, Corporate Officer

Assistant General Manager of Production Headquarters (incharge of China Plant)
General Manager of International Sales Headquarters

Yukihiro Otsu

Director, Corporate Officer

General Manager of Administration Headquarters

Akiyoshi Morita

Outside Director

Masahiro Sugino

Outside Director

Advisor of Aichi Steel Corporation
Outside Director of Showa Denko K.K.
Advisor of LIXIL Corporation

Mitsuhiko Wakayama

Standing Audit & Supervisory Board
MemberStanding Audit & Supervisory Board
Member (Outside)
Audit & Supervisory Board Member(Outside)

Akira Kodama
Fusahiro Yamamoto

Position

Audit & Supervisory Board Member(Outside)

Certified Public Accountant
Outside Audit & Supervisory Board Member of Daihatsu
Motor Co., Ltd.
Attorney at Law
Outside Director of Meitetsu Transport Co., Ltd.

NameYasushi Fukaya

Official Title
Corporate Officer

In charge of Europe SalesTomoharu Yasuda

Corporate Officer

Shinichi Sakamoto

Corporate Officer

Atsunobu Iwakura

Corporate Officer

Hideki Shimazoe

Corporate Officer

Larry Peck

Corporate Officer

Rich Chapman

Corporate Officer

Assistant General Manager of Domestic Sales Marketing
Headquarters: Tokyo Area
In charge of Asia Sales and Managing Director of Makita
China Sales
Assistant General Manager of Domestic Sales Marketing
Headquarters: Osaka Area
Assistant General Manager of Domestic Sales Marketing
Headquarters: Nagoya Area and Direct Business Department
President of Makita Corporation of America and in charge ofBrazil Plant
Executive Vice President of Makita U.S.A. Inc.

Barry Smart

Corporate Officer

Sales and Marketing Director of Makita (U.K.) Ltd.

Shoji Inoue

2. Corporate Officers

English Translation of press release originally issued in Japanese

Position3