April 12, 2021
To Whom It May Concern
Company Name:
Representative:

Listing:
Securities Code:Inquiries:

Telephone:

YONDOSHI HOLDINGS INC.
Saishi Kimura
Chairman and Representative
Director, CEOFirst Section, Tokyo Stock Exchange
8008
Masahiko Nishimura
Director and Executive Officer
responsible for Finance+81-3-5719-3429

Notice of Planned Changes in Representative Director and Personnel
YONDOSHI HOLDINGS INC. (hereinafter, “YONDOSHI HOLDINGS” or “the Company”) made apreliminary decision to make certain changes in its representative director and personnel at a

meeting of its Board of Directors held on April 12, 2021. This decision is subject to the approvalof an agenda item proposing the election of directors submitted during the Company’s 71st
Annual General Meeting of Shareholders, which is scheduled to be held on May 27, 2021. Plans
are also in place to change the personnel at major subsidiaries. Brief details are presented asfollows.
1. Change in Representative Director(1) Reason for the Change
In changing its representative director, YONDOSHI HOLDINGS is looking to build
an even stronger business portfolio by enhancing the value of the 4°C brand in theYONDOSHI HOLDINGS Group’s core Jewelry Business and promoting theestablishment of a second pillar through the growth of the Apparel Business.
(2) Details of the Changei. Candidate for new appointment
New Position

Name

Current Position

President and Representative
Director, COO

Hidetoshi Masuda

Managing Executive Officer,
Head of President’s Office

Note:
1. Mr. Masuda also serves concurrently as Representative Director, Chairman at age Co.,
Ltd. and Director at F.D.C. Products Inc.

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ii. Officer scheduled to retire
Current Position

Name

President and RepresentativeDirector, COO

Tohru Hirota

Note:
1. Mr. Hirota is expected to resign as a director due to the expiry of his term of office at
the conclusion of the Company’s Annual General Meeting of Shareholders, which isscheduled to be held on May 27, 2021.
(3) Name and Career Summary of the Newly Appointed Representative Director
Name
Hidetoshi Masuda
Date ofSeptember 27, 1963
Birth
Birthplace
Hiroshima Prefecture
Educational March 1986
Faculty of Letters, Doshisha University
Background
CareerApril 1986
Joined WORLD CO., LTD.
SummaryMay 1989
Joined Masuda Store Co., Ltd. (currently age Co.,Ltd.)May 2003
Managing Director, age Co., Ltd.
March 2015
Director, Managing Executive Officer, age Co., Ltd.
March 2017
Executive Officer responsible for age Co., Ltd., theCompany
Representative Director, President, age Co., Ltd.
March 2020
Director, F.D.C. Products Inc. (current position)
March 2021
Managing Executive Officer, Head of President’s
Office, the Company (current position)
Representative Director, Chairman, age Co., Ltd.
(current position)
No. of Shares Owned: 7,200 shares

2. Other Changes of Officers(1) Candidate for Appointment as a Director and Audit/Supervisory Committee Member
Name
Masahiro Dakeshita
Executive Officer, Head of Audit Office(2) Scheduled Retirement of a Director and Audit/Supervisory Committee Member
Name
Masahiko Iwamori
Note:
1. Mr. Iwamori is expected to resign at the conclusion of the Company’s Annual
General Meeting of Shareholders, which is scheduled to be held on May 27, 2021.

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3. Executive Officer
i. Candidate for new appointment
New Position
Executive Officer, Head of President’sOffice

Name

Current Position

Fumihiko Asano－Note:
1. Mr. Asano serves concurrently as Representative Director, President at F.D.C. FriendsInc. and Director at F.D.C. Products Inc.
ii. Date of appointment (planned)
May 27, 2021

4. Subsidiary Personnel
F.D.C. Products Inc.
(1) Directors
i. Retirement of Directors
NameHidenori Suzuki
Tohru Hirota

Director and Senior Advisor
Directorii. Date of retirement (planned)
May 7, 2021
(2) Audit/Supervisory Committee Members
i. Candidate for new appointment
Name
Masahiro Dakeshita
Executive Officer, Head of Audit Officeii. Retirement of Audit/Supervisory Committee Member
Name
Masahiko Iwamoriiii. Date of change and date of retirement (planned)
May 7, 2021
AS’TY Inc.
(1) Directors
i. Retirement of a director
Name
Hideki Tamura

Director and Senior Advisor

ii. Date of retirement (planned)
May 10, 2021

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