GovernanceManagement

Management(as of May 31, 2019)

Directors

KOBAYASHI Yasuyuki

TSUTSUMI Hiroyuki

MURATA Soichi

TACHIBANA FUKUSHIMA Sakie

Number of the Company’s shares held: 35,800
Number of other shares as stock-based remuneration not yet granted：10,037

Number of the Company’s shares held: 16,398
Number of other shares as stock-based remuneration not yet granted：5,855

Number of the Company’s shares held: 12,689

Outside Director
Number of the Company’s shares held: 5,500
Number of other shares as stock-based remuneration not yet granted：1,933

Chairperson of Board of DirectorsNomination Committee Member
Remuneration Committee Member

Audit Committee Member

Audit Committee Member

Chairperson of Nomination Committee
Remuneration Committee Member

Apr 1973
Feb 2003

Apr 1980
Mar 1993

Apr 1980
Mar 2000【Reasons for appointment】She has broad insight in internal and external
governance as a director at a US company’s global headquarters and as an
outside director at numerous Japanese companies. In addition, she has gained
corporate management experience as the president of a foreign-owned humanresource consulting company’s local Japanese branch, and accordingly
possesses in-depth knowledge regarding global human resources and theCompany expects her to reflect them in the management of the Group.

Jan 2004
Sep 2007
Jan 2008

Mar 2010

May 2010
May 2012
Apr 2013
May 2013
May 2015
May 2016
May 2017

Mar 2001
Sep 2007
Mar 2010
May 2013
Mar 2016
May 2017

Joined The Daimaru, Inc.
General Manager of Accounting Division of Hong
Kong Daimaru Limited
General Manager of Finance Headquarters of The
Daimaru, Inc.
General Manager of Finance Division of Administration
Unit of J. Front Retailing Co., Ltd.
General Manager of Finance Division ofAdministration Unit of Daimaru Matsuzakaya
Department Stores Co. Ltd.
Executive Officer and Senior General Manager ofFinance Division of Administration Unit of J. Front
Retailing Co., Ltd.
Senior General Manager of Finance and Accountingof Financial Strategy Unit of the same company
Director of the same company (present)

Sep 2002
Jan 2005
Jan 2006
Jan 2010
May 2010
Apr 2013

May 2013
May 2017

May 2019

Joined The Daimaru, Inc.
Senior Manager of Men’s Wear & Accessory
Division of Osaka Umeda Store of the samecompany
Senior Manager of Business Planning Department
of Business Planning & CS Promotion Division ofOsaka Umeda Store of the same company
Deputy General Manager of Osaka Umeda Storeof the same company
Deputy General Manager of Osaka Umeda Storeand General Manager of Planning Office for New
Umeda Store of Head Office of the same company
Executive Store Manager of Osaka Umeda of thesame company
Corporate Officer and Executive Store Manager ofDaimaru Osaka Umeda of Daimaru Matsuzakaya
Department Stores Co. Ltd.
Corporate Executive Officer, Executive General
Manager of Sales & Marketing Headquarters andSenior General Manager of Merchandising
Strategy Promotion Unit of the same company
Director and Corporate Executive Officer of thesame company
Managing Executive Officer, Senior Executive
General Manager of Administration Unit and incharge of Compliance of J. Front Retailing Co.,Ltd.
Director of the same company (present)

Jun 1980
Sep 1987
Aug 1991
Jun 1993
Sep 2000
May 2001
Sep 2007
May 2009
Mar 2010
Jul 2010
Aug 2010
Jun 2011
May 2012
Jun 2013
Jun 2016

Joined Braxton International
Joined Bain & Company, Inc.
Principal Consultant of Japan Branch Office of Korn/
Ferry International
Partner of the same company
Regional Managing Director of Korn/Ferry
International-Japan and Member of the Board of Korn/
Ferry International (Global Headquarters)
President and Representative Director of Korn/Ferry
International-Japan and Member of the Board of Korn/
Ferry International (Global Headquarters)
President and Representative Director of Korn/Ferry
International-Japan
Chairman and Representative Director of the samecompany
Outside Director of Bridgestone Corporation
President and Representative Director of G&S GlobalAdvisors Inc. (present)
Asia Pacific Senior Advisor of Korn/Ferry International
Outside Director of Ajinomoto Co., Inc. (retired in Jun 2019)
Outside Director of J. Front Retailing Co., Ltd. (present)
Outside Director of Mitsubishi Corporation
Outside Director of Ushio Inc. (present)

OTA Yoshikatsu

ISHII Yasuo

NISHIKAWA Koichiro

SATO Rieko

Outside Director
Number of the Company’s shares held: 8,300
Number of other shares as stock-based remuneration not yet granted：1,933

Outside Director
Number of the Company’s shares held: 2,700
Number of other shares as stock-based remuneration not yet granted：1,933

Outside Director
Number of the Company’s shares held: 1,300
Number of other shares as stock-based remuneration not yet granted：1,933

Outside Director
Number of the Company’s shares held: 300

Chairperson of Remuneration Committee
Nomination Committee Member

Nomination Committee Member
Remuneration Committee Member

Chairperson of Audit Committee

Audit Committee Member【Reasons for appointment】He has abundant insight gained through his
extensive experience acting as a manager of a holding company. In thatcapacity, he promoted the corporate merger between Minolta Co., Ltd.
and Konica Corporation, and has served as a chairman of the board ofdirectors of a company with committees [currently a company with threecommittees (nomination, audit and remuneration committees)] and theCompany expects him to reflect them in the management of the Group.

【Reasons for appointment】He has long-standing overseas
work experience and possesses insight based on his abundant
experience in the field of global corporate management
outside the retail industry, such as special familiarity withbusiness development in overseas countries and the Company
expects him to reflect them in the management of the Group.

【Reasons for appointment】He has useful insight evenwith respect to financial matters from his practicalexperience in business alliances, M&A, businessreforms, and his involvement in numerous importantinternational negotiations and the Company expects
him to reflect them in the management of the Group.

【Reasons for appointment】She has abundant experience as an
outside director and outside audit & supervisory board member atother companies, in addition to having made a career in handlingmany cases with in-depth and specialized knowledge as an attorneyat law specializing in corporate legal affairs and the Company
expects expect her to reflect them in the management of the Group.

Apr 1970
Jun 2000

Apr 1970
Aug 1995
Jun 2001

Apr 1984
Aug 1989
Jul 1998
Jun 2004

Apr 1964
Jun 1991
Jul 1994

Jun 1995
Jun 1999
Apr 2001
Aug 2003
Oct 2003
Apr 2006
Apr 2009
Jun 2012
Apr 2013

66

Joined The Daimaru, Inc.
Associate Director and General Manager of
Sapporo Store of the same company
General Manager of Tokyo Store of the samecompany
Corporate Officer of J. Front Retailing Co., Ltd.
Director and Corporate Officer, Deputy Executive
General Manager of Department Store Operations
Headquarters and Executive General Manager ofMerchandising Management Unit of Head Office ofThe Daimaru, Inc.
Director and Corporate Officer, Senior Executive
General Manager of Sales and Marketing
Headquarters and Senior General Manager ofMerchandise Strategy Unit of Daimaru Matsuzakaya
Department Stores Co. Ltd.
Director and Corporate Executive Officer of thesame company
Director of Parco Co., Ltd.
Managing Executive Officer and Senior Executive
General Manager of Affiliated Business Unit of J.
Front Retailing Co., Ltd.
Director and Managing Executive Officer of thesame company
Director and Senior Managing Executive Officer ofthe same company
Representative Director of the same company
Director and Chairperson of Board of Directors ofthe same company (present)

Apr 2014
Jun 2014
May 2015
Jun 2017

Joined Minolta Camera Co., Ltd.
Director, General Manager of Copying Machine
Business Division and General Manager of Copying
Machine Sales Division of the same company
Director and Executive General Manager ofInformation Device Business Management Unit andExecutive General Manager of Information Device
Sales Unit of Minolta Co., Ltd.
Managing Director of the same company
President and Representative Director of the samecompany
President and Executive Officer and Representative
Director of the same company
Director and Vice President and Representative
Executive Officer of Konica Minolta Holdings, Inc.
President and CEO of Konica Minolta Technologies,Inc.
Director, President and CEO of Konica Minolta
Holdings, Inc.
Director and Chairman of the Board of Directors ofthe same company
Outside Director of Yamaha Corporation
Director and Chairman of the Board of Directors ofKonica Minolta, Inc.
Director of the same company
Special Advisor of the same company
Outside Director of J. Front Retailing Co., Ltd. (present)
Honorary Advisor of Konica Minolta, Inc. (present)

Jan 2001
Mar 2003
Jun 2003
Jun 2004
Apr 2005
Jun 2008
Jun 2011
May 2015

May 2017
May 2018

Joined Yamanouchi Pharmaceutical Co., Ltd.
Director of the Board and Director of EthicalProducts Marketing Department of Sales &Marketing Division of the same company
Director of the Board of the same company andChairman of Yamanouchi Europe B. V.
Director of the Board of Yamanouchi PharmaceuticalCo., Ltd. and Chairman of Yamanouchi U.K. Limitedand Chairman of Yamanouchi Europe B. V.
Managing Director of the Board of Yamanouchi
Pharmaceutical Co., Ltd.
Senior Corporate Executive of the same company
Senior Corporate Executive of Astellas Pharma Inc.
and Chairman & CEO of Astellas Pharma EuropeLtd.
Executive Vice President and Representative
Director of Astellas Pharma Inc.
Vice Deputy Chairman and Representative Directorof the same company
Outside Audit & Supervisory Board Member of J.
Front Retailing Co., Ltd.
Audit & Supervisory Board Member of Daimaru
Matsuzakaya Department Stores Co. Ltd.
Outside Director of J. Front Retailing Co., Ltd.
(present)
Director of Daimaru Matsuzakaya Department
Stores Co. Ltd. (present)

Apr 2003
Jun 2003
Jan 2006
Apr 2007
Apr 2010
Apr 2012
Mar 2014
May 2015

May 2017
May 2018

Joined Hitachi, Ltd.
Vice President of Hitachi America, Ltd.
Managing Officer and General Manager of Global
Business Development Division of Hitachi, Ltd.
Manager of Business Development Division of thesame company
Executive Officer and Manager of Business
Development Division of the same company
Vice President and Executive Officer in charge ofBusiness Development of the same company
Senior Vice President and Executive Officer incharge of Business Development of the samecompany
Senior Vice President and Executive Officer ofHitachi Cable, Ltd.
Senior Advisor of Hitachi Research InstituteOutside Director of Kyowa Hakko Kirin Co., Ltd.
Outside Audit & Supervisory Board Member of J.
Front Retailing Co., Ltd.
Audit & Supervisory Board Member of Daimaru
Matsuzakaya Department Stores Co. Ltd.
Outside Director of J. Front Retailing Co., Ltd.
(present)
Director of Daimaru Matsuzakaya Department
Stores Co. Ltd. (present)

Jun 2012
Jun 2015
Oct 2016
May 2018
May 2019

Registered as attorney at law
Shearman & Sterling LLP
Partner of Ishii Law Office (present)
External Audit & Supervisory Board Member ofAjinomoto Co., Inc.
Outside Corporate Auditor of NTT Data Corporation(present)
Outside Director of The Dai-ichi Life Insurance
Company, Limited
Outside Director of Dai-ichi Life Holdings, Inc.
(Audit & Supervisory Committee Member) (present)
Outside Director of J. Front Retailing Co., Ltd.
(present)
Director of Daimaru Matsuzakaya Department
Stores Co. Ltd. (present)*The numbers of the Company’s shares held by Directors are as of February 28, 2019.

GovernanceDirectors

Executive Officers
YAMAMOTO Ryoichi

President and Representative Executive Officer

YOSHIMOTO Tatsuya

UCHIDA Akira

YAMAMOTO Ryoichi

YOSHIMOTO Tatsuya

Outside Director
Number of the Company’s shares held: 0

Number of the Company’s shares held: 79,366

Number of the Company’s shares held: 49,459

Audit Committee Member

President and Representative Executive Officer
Nomination Committee Member
Remuneration Committee Member

Representative Managing Executive Officer【Reasons for appointment】He has broad experience andknowledge as the person responsible for management planning,
IR and finance and accounting divisions. In addition, as a memberof the“Council of Experts Concerning the Corporate GovernanceCode” and follow-up committees, he has been involved informulation and promotion of said code, and accordingly
possesses a high level of expertise and the Company expects
him to reflect them in the management of the Group.

Apr 1973
May 2003

Apr 1979
Mar 2000

Apr 1975
Jun 1996
Jun 2000
Jun 2004
Jun 2005
Jun 2009
Jun 2012

Jun 2016
Mar 2019
May 2019

Joined Toray Industries, Inc.
Executive Vice President of Toray Industries (America), Inc.
General Manager on Special Assignment of Corporate StrategicPlanning Division 1, General Manager on Special Assignment ofCorporate Communications Department of Toray Industries, Inc.
Counsellor of Corporate Strategic Planning Division andCounsellor of Investor Relations Department of the samecompany
Member of the Board, General Manager of Finance andController’s Division of the same company
President of Toray Holding (USA), Inc.
Senior Vice President (Member of the Board), General Managerof Finance and Controller’s Division of Toray Industries, Inc.
President of Toray Holding (USA), Inc.
Senior Vice President (Member of the Board) in charge of CSR;
General Manager of General Administration and Legal Division,Investor Relations Department, Corporate Communications
Department and Advertising Department; and General Managerof Tokyo Head Office of Toray Industries, Inc.
Adviser of the same company
Retired from Adviser of the same company
Outside Director of J. Front Retailing (present)

Sep 2007

Mar 2008
Mar 2010
Sep 2012
Apr 2013
May 2017

Joined The Daimaru, Inc.
President and COO and General Manager ofDepartment Store Operations of Group Headquartersof the same company
Director and in charge of Sales Reform and Out-ofStore Sales Reform of J. Front Retailing Co., Ltd.
Executive General Manager of Department StoreOperations Headquarters and Executive General
Manager of Planning Office for New Umeda Storeof Head Office of The Daimaru, Inc.
Director of Matsuzakaya Co., Ltd.
Executive General Manager of Sales Headquartersof Head Office of The Daimaru, Inc.
President and Representative Director of Daimaru
Matsuzakaya Department Stores Co. Ltd.
President and Representative Director of the same
company and President and Representative Directorof Daimaru Matsuzakaya Sales Associates Co. Ltd.
President and Representative Director of J. Front
Retailing Co., Ltd.
Director, President and Representative Executive
Officer of the same company (present)

Jan 2008
May 2008
Jan 2010

Mar 2010
May 2012
Apr 2013

May 2013
May 2017

Joined The Daimaru, Inc.
Senior Manager of Preparatory Office for Opening
Sapporo Store of Planning Office for Sapporo Storeof Head Office of the same company
General Manager of Tokyo Store of the same
company
Corporate Officer and General Manager of TokyoStore of the same company
Corporate Officer, General Manager of Sales
Planning Promotion Division and General Managerof Marketing Planning Promotion Division ofDepartment Stores Coordination Division of J. Front
Retailing Co., Ltd.
Corporate Officer and Senior General Manager ofManagement Planning Division of Daimaru
Matsuzakaya Department Stores Co. Ltd.
Director and Corporate Officer of the samecompany
President and Representative Director of the samecompany(present)andPresidentandRepresentative Director of Daimaru Matsuzakaya
Sales Associates Co. Ltd. (present)
Director of J. Front Retailing Co., Ltd. (present)
Representative Managing Executive Officer of thesame company (present)

Representative Managing Executive Officer
President and Representative Director of Daimaru
Matsuzakaya Department Stores Co. Ltd.
President and Representative Director of Daimaru
Matsuzakaya Sales Associates Co. Ltd.

MAKIYAMA Kozo

Managing Executive Officer
Director, President and Representative
Executive Officer of Parco Co., Ltd.

SAWADA TaroManaging Executive Officer
Senior Executive General Manager of Management
Strategy Unit and Senior General Manager of New
Business Division and in charge of Risk Management

WAKABAYASHI Hayato

Managing Executive Officer
Senior Executive General Manager of Financial Strategy Unit andSenior General Manager of Financing and Finance Policy Division

YUNOKI Kazuyo

Managing Executive Officer
Senior Executive General Manager of Affiliated Business Unit

ARISAWA Hisashi

Managing Executive Officer
Senior Executive General Manager ofAdministration Unit and in charge of Compliance

TADATSU Takehiko

Executive Officer
Senior Executive General Manager of Human Resources
Strategy Unit and Senior General Manager of Group HumanResources Development Division and Executive Officer andExecutive General Manager of Human Resources
Development Division of Administration Headquarters ofDaimaru Matsuzakaya Department Stores Co. Ltd.

MAKITA Takayuki

MAKIYAMA Kozo

WAKABAYASHI Hayato

Number of the Company’s shares held: 17,100

Number of the Company’s shares held: 6,359

Managing Executive Officer

Managing Executive Officer

Apr 1981
Mar 2004

Apr 1985

Mar 2007
Mar 2008

May 2008
Mar 2009
Mar 2010
Mar 2011
May 2011
May 2013
May 2017

Joined Parco Co., Ltd.
Executive Officer and Executive General Managerof Store Operation Division of the same company
Managing Executive Officer and Executive General
Manager of Store Management Division of the samecompany
Senior Executive Officer, Senior Executive General
Manager of Store Operation Headquarters andExecutive General Manager of Store Management
Division of the same company
Director and Senior Executive Officer of the samecompany
Supervisor of Store Operation Division of the samecompany
In charge of Store Management of the samecompany
In charge of Business Management of the samecompany
Director, President and Representative Executive
Officer of the same company (present)
Director of J. Front Retailing Co., Ltd. (present)
Director and Managing Executive Officer of thesame company (present)

Apr 1998
Apr 2007
Feb 2009
Jul 2013
May 2015
Sep 2015
Mar 2016
May 2016
May 2017
May 2018

Joined Matsushita Electric Industrial Co., Ltd.
(present Panasonic Corporation)
President of Panasonic Financial Center MalaysiaCo., Ltd.
Director and Chief Executive Officer of Matsushita
Electric (China) Finance Limited
Finance Planning Team Leader (Manager) ofHeadquarters Finance & IR Group of Panasonic
Corporation
General Manager of Finance & IR Group of
Corporate Strategy Division and Finance Planning
Team Leader (Director) of Panasonic Corporation
Joined J. Front Retailing Co., Ltd.
In charge of Finance Policy of Administration Unitof the same company
Executive Officer and in charge of Financial Strategyand Policy of Administration Unit of the same company
Senior Executive General Manager of Financial
Strategy Unit (present) and in charge of Finance
Policy of the same company
Director of the same company (present)
Managing Executive Officer (present) and in charge ofFinancing and Finance Policy of the same company
Director and Managing Executive Officer and Senior
General Manager of Financing and Finance Policy
Division of the same company (present)

Executive Officer
Senior General Manager of Management Planning Division and Group
Communications Promotion Division of Management Strategy Unit

NAKAYAMA Takashi

Executive Officer
Senior General Manager of Group Digital
Strategy Division of Management Strategy Unit

IWATA Yoshimi

Executive OfficerSenior General Manager of Budget and Management
Support Division of Financial Strategy Unit

NINOBE Mamoru

Executive Officer
President and Representative Director of JFR Card Co., Ltd.

KONDO Yasuhiko

Executive Officer
President and Representative Director of J. Front Design & Construction Co., Ltd.

ONO Keiichi

Executive Officer
President and Representative Director of Dimples’Co., Ltd.

Integrated Report 201967