June 26, 2020
To whom it may concern
Company name:

Pan Pacific International Holdings Corporation

Former company name:

Don Quijote Holdings Co., Ltd.

Representative:

Naoki Yoshida, President & CEO

Securities code:7532 First Section, Tokyo Stock Exchange

Address:

2-19-10 Aobadai, Meguro-ku, Tokyo

Information disclosure:

Mitsuo Takahashi, Senior Managing Executive Officer, CFO

Phone:+81-3-5725-7588

Announcement Regarding Changes in Organization Structure andChanges in Executive Officers
Pan Pacific International Holdings Corporation (“the Company”) announced change of organizational
structure and executive officers as follows.

1. Organizational changes (effective July 1)
On July 1, 2020, we will restructure our organization by reorganizing the businesses of the Company andour subsidiaries along the three axes of In-house companies, Products, and Holdings company functions, andestablishing an executive committee.
In recent years, by strengthening store openings in Asia, acquiring UNY Co., Ltd., and expanding stores inJapan, we have rapidly expanded the scale of our business in discount store business like Don Quijote,overseas retails, GMS, and financial businesses. It has become essential to strengthen governance, expedite
decision-making in each business, and to manage a group management. In order to implement this policy, we
have decided to carry out the following organizational restructuring.
The Executive Committee will be established to speed up the decision-making of each business andstrengthen the governance. The Executive Committee is entrusted with the execution of business in accordancewith the management policies determined by the Board of Directors. In addition, the Executive Committeedelegates the execution of business in charge to the Presidents, Head of Business, and CMOs of each internal
company. As a result, the Presidents, Head of Business, and CMOs of each internal company are delegatedextensive authority and decision-making is accelerated. At the same time, we will strengthen our governanceby constantly ensuring that through executive committee, the three axes; Company, Products, and Holdings
will be able to communicate with each other.
On the other hand, the holdings company has a cross-company function and governance function. Theholdings company is responsible for formulating group strategies, allocating group resources, formulating
budgets, and managing progress. The holdings company is responsible for executing group-wide strategies,
such as digital and marketing, with leadership of CMIO and CDO.
Through the enhancement of the holdings company function and the introduction of the Management
Committee, we aim to strengthen governance and expedite the decision-making of the Group. By

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implementing these measures, we will incorporate the free and open opinions of executive officers and aim tofurther strengthen the management of the next generation. In the collection of our management philosophy,"The Source", we have stipulated that "ability to adapt" is our strength in business. In an era of major change,
we will start the next fiscal year, starting on July 1, with a new organizational structure based on the importantconcepts of our management philosophy of " ability to adapt," "commit to creative destruction," and "to face
the daunting challenges."
2. New organizational structure (to be implemented on July 1)
Business axis (in-house companies)
Name of Organization

Position

NameWest Don Quijote Company

President

Takeshi Nishii

East Don Quijote Company

President

Nobuharu Ohashi

GMS CompanyPresident

Kenji Sekiguchi

Nagasakiya Business

Head of Business

Shinichiro Akagi

UDR Business

Head of Business

Mikihira Katagiri

North America Company

President

Yasuyuki Sakamoto

Asia Company

Vice President

Kazuhiro Matsumoto

Tenant Leasing Business Company

President

Kazuma Hirata

Financial Company Preparation Office

Head of Business

Seiji Shintani

Product axis
Name of Organization

Position

Name

Head of Global Products

CMO (Global)

Kazuhiro Matsumoto

Head of Non Food Products

CMO (Non-Food)Ken Sakakibara

Head of Domestic Food Products

CMO (Food)Toshiya Hatsuyama

Head of Private Brand Products

CMO (Private Brands)

Tetsuji Maruyama

Holdings axis
Name of Organization
Business Strategy, BusinessPosition

NameCSO

Seiji Shintani

Corporate Communication

CFO

Mitsuo Takahashi

Marketing, Group Business Cooperation

CMIO (Chief Marketing

Management, Corporate Communication&Tetsuya KarubeIntegration Officer)
Digital Strategy

CDO

Shinichiro Tsukuda

Business Management

Head of CSO’s Office

Hideki Moriya

Director General of ExecutiveCommittee
Business Management

Vice Director General of
Executive Committee

2Yuji Ishii

3. New executive officers
Name of Organization

Position

Seiji Shintani

Senior Managing Executive Officer CSO

Shinichiro Tsukuda

Executive Director CDO

Toshiya Hatsuyama

Executive Director CMO (Food)

Takahito Kanno

Executive DirectorShuuichi Takeuchi

Executive Director

Yoshihiro Habata

Executive Director

4. Executive officers from July 1
Name of Organization
President & CEO, Representative Director

Name

Main responsibility and additional post

Naoki

Overall management,

YoshidaPresident of Don Quijote Co., Ltd.,
Director of UNY Co., Ltd.,
Representative Director of Marshmallow
Co., Ltd.

Chief Strategy Officer(CSO)

Seiji

Management Strategy, Business

Head of Financial Company Preparation

ShintaniManagement, vice leader in Corporate

OfficeCommunication,

Senior Managing Executive Officer

Representative Director ofUCS Co., Ltd. (NEW)

Chief Financial Officer(CFO)

MitsuoSenior Managing Executive Officer

Takahashi

Chief Merchandising Officer (Global)

Kazuhiro

Asia Company,

Vice President of Asia Company

MatsumotoVice President of PPRM (ASIA) COO

Director & Managing Executive Officer

Corporate Communication(NEW)

President of GMS CompanyKenji

GMS Company,

Director & Managing Executive Officer

Sekiguchi

President of UNY Co., Ltd.

President of West Don Quijote Company

TakeshiWest Don Quijote Company,

Director & Managing Executive Officer

Nishii

Senior Managing Director & COO of
Don Quijote Co., Ltd.

Chief Merchandising Officer(Non-Food)

KenDomestic Non Food Products,

Director & Managing Executive Officer

Sakakibara

Senior Managing Director & COO ofDon Quijote Co., Ltd.

Head of CSO's Office

HidekiBusiness planning, business management,

Director General of Executive Committee

Moriyalogistics, system

Managing Executive Officer

3Chief Merchandising Officer (Private Brands)

TetsujiHead of President's Office, Private Brands,

Head of President's Office

Maruyama

Director of Don Quijote Co., Ltd.

President of Tenant Leasing Business

KazumaTenant Leasing Business,

Company

HirataPresident of Japan Commercial

Director & Executive Officer

Establishment Co., Ltd.

Executive Officer
President of East Don Quijote CompanyNobuharu

East Don Quijote Company,

Executive Officer

Ohashi

Senior Managing Director of Don QuijoteCo., Ltd. (NEW)Director & Executive Officer

Yuji Ishii

Accounting, Finance,
Vice Director General of Executive
Committee

Chief Marketing & Integration Officer(CMIO)

TetsuyaMarketing, Business Integration, Director

Executive Officer

Karubeof Don Quijote Co., Ltd. &Marshmallow Co., Ltd. (NEW)President of North America Company

YasuyukiNorth America Business,

Executive Officer

Sakamoto

President of PPRM (USA)

Head of Singapore and Malaysia Business

SatoshiSingapore and Malaysia Business,

Executive Officer

MachidaPresident of PPRM (Singapore) and PPRM(Malaysia)

Head of Hong Kong and Taiwan Business

Mitsuyoshi

Hong Kong and Taiwan Business,

Executive Officer

TakeuchiPresident of PPRM (Hong Kong),
Representative of PPRM (Taiwan)

Head of Nagasakiya Business

Shinichiro

Nagasakiya Business,

Executive Officer

Akagi

President of Nagasakiya Co., Ltd,
Director of Don Quijote Co., Ltd.

Head of UDR Business

Mikihira

UDR Business,

Executive Officer

Katagiri

President of UD Retail Co., Ltd.,
Executive officer of UNY Co., Ltd.

Vice Head of UDR Business

Kousuke

UDR Business,

Executive Officer

Suzuki

Executive Vice President of UD RetailCo., Ltd. (NEW),
Director & Executive officer of UNY Co.,Ltd.

Executive Officer

Keiji

Risk Management headquarter (RiskHayakawa

Management, Business Management,
Quality Management) General Affairs

Director & Executive Officer

Hiroshi Abe

Human Resources

Executive Officer

Takayuki

Legal, Compliance

Hyuga

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Executive Officer

Shigenari

Domestic Sales

Yasukawa
Executive Officer

Hideki Goto

Credit Card Business,
President of UCS Co., Ltd.

Executive Officer

Takeshi

Cost Management

Haga
Chief Merchandising Officer(Food)ToshiyaDomestic Food Products,

Executive Officer

Hatsuyama

Director of Don Quijote Co., Ltd. (NEW)

Chief Digital Officer(CDO)

Shinichiro

Digital Transformation,

Executive Officer

TsukudaPresident of Marshmallow Co., Ltd.

Executive Officer

Takahito

UDR Business,

Kanno

Director of UD Retail Co., Ltd.

Shuuichi

GMS Business,

TakeuchiDirector & Executive Officer of UNY Co.,

Executive Officer

Ltd.
Executive Officer

Yoshihiro

Tenant Leasing Business,

HabataGeneral Manager of Tenant Leasing
Department, UNY Co., Ltd.

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Appendix
Organizational chart (To be implemented as of July 1)

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