May 13, 2022

For Immediate Release
Ryosan Company, Limited
Representative: Kazuhiko Inaba
Representative Director, President
Listing Code No.: 8140
Listing: Prime Market, Tokyo Stock Exchange
Inquiries: Norihiko Takahashi
Executive Officer
General Manager, Corporate Planning
Headquarters
TEL: +81-3-3862-3816

Notice Concerning Change of Directors
Ryosan Company, Limited ("the Company") hereby announces its resolution, at the meeting of theBoard of Directors held today, to change its Directors as described below as of June 24, 2022.
This resolution is expected to be officially decided at the 66th Ordinary General
Shareholders’ Meeting, scheduled for June 24, 2022.

1. Change of Directors(1) Candidates for new appointment as Directors (except Directors who are Audit and Supervisory
Committee Members)Name

Position

Position at other company

Atsushi Kawabata

Outside Director

Senior Adviser, Global Environment Business
Division, Global Environment Division,Hitachi, Ltd.

Haruyoshi Kawabe

Outside Director

Advisor, Cyberlinks Co., Ltd.

Notes:
 Mr. Atsushi Kawabata and Mr. Haruyoshi Kawabe satisfy the Tokyo Stock Exchange’s requirements forindependent directors. The Company intends to register them with the Exchange as independent directors.
 Brief curricula vitae of the candidates for new appointment as Directors (except Directors who are Auditand Supervisory Committee Members) are provided in Appendix 1.

1

(2) Candidates for new appointment as Directors who are Audit and Supervisory Committee
Members
Name
Keiji Hirooka

Name
Yasuko Teraura

New position

Current position

Director,
Full-time Audit and Supervisory
Committee Member

Position

General Manager, Sales Administration
Department

Position at other company

Outside Director,
Audit and Supervisory Committee
MemberPartner, Endeavour Law OfficeOutside Director, Neturen Co., Ltd.
Outside Director, Seiko Holdings Corporation

Notes:
 Ms. Yasuko Teraura satisfies the Tokyo Stock Exchange’s requirements for independent directors. TheCompany intends to register her with the Exchange as an independent director.
 Brief curricula vitae of the candidates for new appointment as Directors who are Audit and Supervisory
Committee Members are provided in Appendix 2.

(3) Retiring Directors who are Audit and Supervisory Committee Members
Name

Current position

Shinya Nambu

Director,
Full-time Audit and Supervisory
Committee Member

Fumiaki Sato

Outside Director,
Audit and Supervisory Committee
Member

Hideki Kuwahata

Outside Director,
Audit and Supervisory CommitteeMember2

(Appendix 1)
 Brief curricula vitae of the candidates for new appointment as Directors (except Directors who are Audit andSupervisory Committee Members)
NameAtsushi Kawabata

Apr. 1983

Joined Hitachi, Ltd.

May 2012

Board Director, Hitachi Automotive Systems, Ltd. (currently Hitachi Astemo, Ltd.)

June 2013

Outside Director, Clarion Co., Ltd. (currently Faurecia Clarion Electronics Co., Ltd.)

Apr. 2015

Vice President, Board of Director, Hitachi Automotive Systems, Ltd.

Apr. 2016

Vice President, Executive Officer, Hitachi Automotive Systems, Ltd.

Apr. 2017

Representative Executive Officer and President, Clarion Co., Ltd.

June 2017

Director, Representative Executive Officer and President, Clarion Co., Ltd.

Oct. 2018

Executive Vice President, Faurecia S.AOct. 2020

Chairman, Faurecia Japan K.K.

Apr. 2022

Senior Adviser, Global Environment Business Division, Global Environment Division,Hitachi, Ltd. (current position)

Name

Haruyoshi Kawabe

Oct. 1977

Joined Management Work Co., Ltd.

Dec. 1988

Joined TSD Co., Ltd.

Apr. 1993

Senior Managing Director, Neutral Co., Ltd.

Apr. 1996

President and Representative Director, Neutral Co., Ltd.

Oct. 2010

Representative Director, Intermind Co., Ltd.

Oct. 2011

Director, CloudLand Co., Ltd.

Sep. 2015

Executive Officer, Cyberlinks Co., Ltd.

Jan. 2022

Advisor, Cyberlinks Co., Ltd. (current position)

3

(Appendix 2)
 Brief curricula vitae of the candidates for new appointment as Directors who are Audit and Supervisory
Committee Members
NameKeiji Hirokawa

Apr. 1986

Joined Ryosan Trading Co., Ltd. (merged with the Company in 1988)

May 1999

General Manager, Sales Promotion Department, Ryosan IPC (Malaysia) Sdn. Bhd.

Apr. 2003

General Manager, 2nd Sales Department, Singapore Ryosan Private Limited

Oct. 2004

General Manager, Sales Department, Singapore Ryosan Private Limited

Mar. 2007

Managing Director, Singapore Ryosan Private Limited

May 2012

Managing Director, Ryotai Corporation

June 2014

General Manager, Sales Administration Department of the Company (current position)

NameYasuko Teraura

Apr. 2000

Registered as an attorney-at-law

Oct. 2006

Earned qualification to practice law in the State of New YorkMar. 2010

Established Endeavor Law Office as a Partner (current position)

June 2014

Outside Director, Neturen Co., Ltd. (current position)

June 2018

Outside Director, Japan Asset Marketing Co., Ltd.

June 2019

Outside Director, Seiko Holdings Corporation (current position)

4Reference・New System (as of June 24, 2022)(1) Board of Directors
Representative Director

Kazuhiko Inaba

Director

Shunya EndoDirector

Hiroyuki Igari

Outside Director

Atsushi Kawabata*Outside Director

Haruyoshi Kawabe*

Director,
Full-time Audit and Supervisory Committee Member

Keiji Hirooka*

Outside Director,
Audit and Supervisory Committee Member

Mahito Ogawa

Outside Director,
Audit and Supervisory Committee Member

Yasuko Teraura*

The person marked with an asterisk is a new candidate.
(2) Executive Officers
President

Kazuhiko Inaba

Executive Officer,
General Manager, Sales Planning and Control Headquarters(Concurrent position held)
General Manager, 1st Domestic Marketing and Sales Headquarters

Shunya Endo

Executive Officer,
General Manager, Administrative Headquarters

Hiroyuki Igari

Executive Officer,
General Manager, 2nd Domestic Marketing and Sales Headquarters

Hirofumi Kitora

Executive Officer,
General Manager, International Marketing and Sales Headquarters

Tatsumi Nakahigashi

Executive Officer,
General Manager, 1st Device Business Headquarters

Ryuji Iwadate

Executive Officer,
General Manager, 2nd Device Business Headquarters

Koji Horie

Executive Officer,
General Manager, 3rd Device Business Headquarters

Yasuhiko Kirihata

Executive Officer,
General Manager, Solution Business Headquarters

Satoshi Mizusawa

Executive Officer,
General Manager, Engineering Headquarters

Kenji Ishimura

Executive Officer,
General Manager, Corporate Planning Headquarters
Executive Officer,
General Manager, Finance and Accounting Headquarters
5

Norihiko Takahashi
Hideo Yuasa