News Release (6409 TSE 1)

March 24, 2021
Company

KITO CORPORATION

President and CEO

Yoshio Kito

Identification Code6409 (TSE 1)

Contact

Shigeki Osozawa
Managing Director,
GM, Corporate Management Division
TEL: +81-(0)3-5908-0161

Kito Announces Organization and Personnel Changes
Tokyo, March 24, 2021 - Industrial hoist and crane maker Kito Corporation (head office: Yamanashi
Prefecture; President: Yoshio Kito) announces changes in its organization and personnel effective
April 1, 2021, as approved by its Board of Directors on March 24, 2021.
1. Organization Changes
1) New Corporate Planning Division
The Corporate Planning Division is established to plan and promote business strategy for the Kito
Group, administering Corporate Communication Department and Legal Affairs Office.
2) Business Divisions-Asia and Business Divisions-China are reorganized as Domestic Sales Division
and Business Division-Asia Pacific
The Domestic Sales Division will concentrate resources on business in the Japanese market.
Business Division-Asia Pacific will administer two departments and reinforce APAC business.
- The East APAC Business Department will manage subsidiaries in Shanghai, South Korea and Taiwan.
- The South APAC Business Department will manage subsidiaries in Thailand, Indonesia, Australia andIndia.
3) The Hoist Manufacturing Division takes the role of the Procurement Division
The Hoist Manufacturing Division will absorb the Procurement Division, including its function to enhance
production efficiency by reinforcing inter-divisional connections, and the engineering and service
businesses, formerly under the Sales Division, to execute projects more efficiently and enhancecustomer service.

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2. Personnel Changes
1) Change in responsibilities
Name

As of April 1, 2021

Current

Toshio Kono

Executive Officer
GM, Chain Manufacturing DivisionHead of Below Hook Devices

Executive Officer
GM, Procurement Division
Head of Below Hook Devices

Name

As of April 1, 2021

Current

Masafumi Kokubo

Executive Officer
GM, Corporate Planning Division

Senior Manager,
Corporate Planning Department

Kenji Okuma

Executive Officer
GM, Domestic Sales Division

Senior Manager,
West-Japan Sales Department

Kazuishi Kaneko

Executive Officer
GM, Business Division - Asia PacificSenior Manager,
Regional Administration Department

2) Newly appointed

3) Retiring
NameCurrent

Yoshio Morita

Executive Officer
Head of Regional Administration Department

Hiroshi Yamada

Executive Officer
GM, Chain Manufacturing Division2

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3. New Management TeamName

As of April 1, 2021

Yoshio Kito

President Executive Officer
Chief Executive Officer
Chief Product Officer

Edward W. Hunter

Executive Vice President Officer
Co-Chief Market Officer

Tsuneo Yuzurihara

Senior Executive Officer
Chief Quality Officer
Chief Manufacturing Officer
Head/GM, Quality Assurance Division
Head of Hoist Manufacturing Division,
Head of Chain Manufacturing Division

Shigeki Osozawa

Senior Executive Officer
Chief Financial Officer
Head of Corporate Planning Division
Head/GM, Financial Management Division
Head/GM, Corporate Management Division

Longlin Huang

Senior Executive Officer
Co-Chief Market Officer

Masafumi Kokubo

Executive Officer
GM, Corporate Planning Division

Scott D. Miller

Executive Officer
Head of Powered Chain Hoists

Kazumitsu Ishikawa

Executive Officer
GM, Research & Development Division

Carlo Lonardi

Executive Officer
GM, Business Division-Americas

Kenji Okuma

Executive Officer
GM, Domestic Sales Division

Kazuishi Kaneko

Executive Officer
GM, Business Division - Asia Pacific

Marc Premont

Executive Officer
Deputy GM, Business Division-Americas

Martin Rothe

Executive Officer
GM, Business Division-EMEA

Kimiaki Hayakawa

Executive Officer
GM, Hoist Manufacturing Division

Toshio KonoExecutive Officer
GM, Chain Manufacturing Division
Head of Below Hook Devices

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