March 7, 2024
Name of Company

Furukawa Electric Co., Ltd.

Name of Representative

Hideya Moridaira, President(Code: 5801

Contact

Prime Market of the Tokyo Stock Exchange)

Hiroko Takita,
General Manager of Investor Relations Dept.
Finance & Accounting Division(TEL. +81-3-6281-8540)

Notice of Transfer of Executives and New Duties
At the meeting of the Board of Directors held on March 7, 2024, a decision was made on the transfer of
executives and new duties, and a tentative decision was made on the transfer of several Directors. We
hereby inform you of the details together with the revised organizational structure as of April 1, 2024.
1. As of March 31, 2024
(1) Retiring Corporate Vice Presidents
Name
New Position (from April 1)
AkihiroDirectorFukunaga
Shigenobu
AbeAdvisor, Automotive Products Division(2) Retiring Senior Fellow
Name
New Position (from April 1)
Akihiko―
Kasukawa

Current Position and Duties
Director, Corporate Senior Vice President
and General Manager of the Finance &Accounting DivisionCorporate Senior Vice President, General
Manager of the Automotive Products
Division and President of Furukawa
Automotive Systems Inc.

Current Position and Duties
Senior Fellow, Photonics Laboratories,Research & Development Division

2. As of April 1, 2024
(1) New Corporate Vice Presidents
NameTakeshi
OgaminoNew Position and Duties
Corporate Vice President(Duties remain unchanged)

AkifumiNakajima

Corporate Vice President,
General Manager, MONOZUKURI
Innovation DivisionCorporate Vice President,
General Manager, Finance &Accounting Division

Koji
Aoshima1

Current Position
General Manager, FITEL Products
Division, Communications Solutions
Division
General Manager, Corporate Planning
Department, Strategy Division
General Manager, Finance & Accounting
Department, Finance & Accounting
Division

Keiichi
Nishimura
HirokoTakitaKentaroSakamoto

Corporate Vice President,
Deputy General Manager, Automotive
Products Division

President and CEO, American Furukawa,
Inc.
General Manager, Investor Relations
Department, Finance & Accounting
Division
General Manager, Quality Promotion
Department, MONOZUKURI Innovation
Division

Corporate Vice President(Duties remain unchanged)
Corporate Vice President,President, Furukawa Automotive
Systems Inc.

(2) Promotions
Name
Teruyoshi
UchidaEiichi
Nishimura

New Position and Duties
Corporate Senior Vice President,
General Manager, Automotive Products
Division
Corporate Senior Vice President,(Duties remain unchanged)(3) Change of Duties
Name
New Position and DutiesToru
Corporate Vice President,
Fukushima
Deputy General Manager, Research &Development Division

3. As of June 26, 2024
(1) Directors Scheduled to Retire
Name
Position After Retirement
AkihiroAdvisor, Finance & Accounting Division
Fukunaga
Osamu―Tsukamoto(2) Candidates for New Director
Name
New Position and Duties
Koji
Director and Corporate Vice President
Aoshima(Duties remain unchanged from theduties as of April 1)

Current Position and Duties
Corporate Vice President,
General Manager, MONOZUKURI
Innovation DivisionCorporate Vice President,
General Manager, Energy Infrastructure
Division

Current Position and Duties
Corporate Vice President,General Manager, Sustainable Energy
Succession Project Team and Deputy
General Manager, Research &Development Division

Position Before Retirement
Director
Outside Director

Position and Duties Prior to Nomination(Position through March 31)
General Manager, Finance & Accounting
Department, Finance & Accounting
Division(Position and Duties from April 1, 2024)
Corporate Vice President,

Takeo
HoshinoGeneral Manager, Finance & Accounting
Division―Outside Director2

4. Organizational Revisions as of April 1, 2024
（1）The Sustainable Energy Succession Project Team reporting directly to the president will be
reorganized under the Research & Development Division.
（2）Abolish the Corporate Management Department located within the Finance & Accounting Division.
（3）Transfer the Marketing Department located within the Global Marketing Sales Division to theStrategy Division.
（4）Within the Global Sales Marketing Division, merge the Planning & Administration Department andBusiness Promotion Department in the Planning & Administration Department to form the Planning& Administration Department.
（5）Rename the Business Strategy Department located within the Energy Infrastructure Division to theBusiness Strategy Office.
（6）Newly establish the Engineering Department within the Electronics Component Material Division.

3Profiles of the Newly Appointed Corporate Vice Presidents
Takeshi Ogamino
Born June 15, 19631988

March1988
2013

AprilApril

2014

July2015
2016
2020

April
April
November

2022

April

60 years oldFrom Tokyo

Completed graduate course in Metallurgical Engineering, Graduate
School of Engineering, The University of Tokyo
Joined Furukawa Electric Co., Ltd.
General Manager, Industrial Laser Systems Department, FITEL
Products Division
General Manager, Industrial Laser Systems Department, Business
Promotion Office, Strategy Division
General Manager, Furukawa FITEL (Thailand) Co., Ltd.
Managing Director, Furukawa FITEL (Thailand) Co., Ltd.
Deputy General Manager, FITEL Products Division, Communications
Solutions Division, Furukawa Electric Co., Ltd.
General Manager, FITEL Products Division, Communications Solutions
Division (Current position)◆Reason for appointment
Takeshi Ogamino has been engaged in the FITEL products business for most of his career. He possesses
extensive overseas experience, including in the United States and Thailand. While Managing Director ofFurukawa TITEL (Thailand), he reformed the organizational culture and transformed the company into an
R&D hub. From 2022, he has continued to lead the business as General Manager of the FITEL ProductsDivision. In his new role, he is expected to advance the business strategy through leadership that increases
the motivation of those around him.
Akifumi Nakajima
Born October 1, 1967
1992

March1992
2013

AprilMarch

2015

May

2017

January

2017

April

2019

April

2020

April

56 years old

From Hyogo Prefecture

Completed Master’s Degree Program in Mechanical Engineering, Graduate
School of Science and Engineering, Kansai University
Joined Furukawa Electric Co., Ltd.
Deputy Director, MONOZUKURI Innovation Center, Production Technology
Department
Director, MONOZUKURI Innovation Center, Production Technology
Department, Production Technology Division
General Manager, Planning Department, Production Technology
Department, Production Technology Division
General Manager, Production Technology Planning Department,MONOZUKURI Innovation Division
General Manager, Strategy Planning Office, Corporate Planning
Department, Strategy Division
General Manager, Corporate Planning Department, Strategy Division(Current position)◆Reason for appointment
While building a career mainly in facility divisions, Akifumi Nakajima has been involved in the formulationand promotion of CAPEX strategies for the entire group, and he has played an integral role in increasing4the accuracy of the CAPEX plans and the development of production processes and facility technology.
Since 2020, as the General Manager of the Corporate Planning Department, he has greatly contributed tothe formulation and execution of the 2022-2025 Medium-term Management Plan “Road to Vision 2030 –Transform and Challenge”. Leveraging his experience in formulating strategies covering the entire
Furukawa Electric Group, he is expected to realize further advances in the group’s monozukuri capabilities.
Koji Aoshima
Born March 4, 1969
1992
1992
2008

March
April
December

2011

March

2013

June2013

November

2018

April

2021

April

2022

April

55 years old

From Aichi Prefecture

Graduated from the Faculty of Sociology, Kansai University
Joined Furukawa Electric Co., Ltd.
Manager, Internal Control Promotion Group, Management Department,
CSR Promotion Division
Manager, Accounting Group, Copper Foil Business Department, Metals
CompanyManager, Accounting Section 2, Corporate Accounting Department,Finance & Procurement Division
Manager, Accounting Section, Corporate Accounting Department, Finance& Procurement Division
General Manager, Corporate Accounting Department, Business
Management Division, Furukawa Automotive Systems Inc.
General Manager, Finance & Accounting Department, Finance and Global
Management Division, Furukawa Electric Co., Ltd.
General Manager, Finance & Accounting Department, Finance &Accounting Division (Current position)◆Reason for appointment
During his career mainly in accounting divisions, Koji Aoshima has gained extensive knowledge andexperience in accounting, and he played an integral role during the introduction of an internal control system(J-SOX) while involving a wide range of affiliated parties. Through his ability to accurately grasp the current
status of the company, he is expected to realize further advancements to the company’s finance strategy.
Keiichi Nishimura
Born April 12, 1969

54 years old1992
1992
2006

March
April
January

2009

October2012

April2015

July

2019

December

From Mie Prefecture

Graduated from School of Law, Doshisha University
Joined Furukawa Electric Co., Ltd.
Deputy Managing Director and General Manager of the Finance
Department, Furukawa Electric (Shenzhen) Co., Ltd.
Manager, Global Business Promotion Group, Global Business Promotion
Office, Automotive Products Division, Electronics and Automotive Systems
Company, Furukawa Electric Co., Ltd.
Manager, Business Strategy Office (2Gr), Furukawa Automotive Systems
Inc. and Manager, Business Strategy Office (2Gr), Automotive Products
Division, Furukawa Electric Co., Ltd.
General Manager, Business Strategy Office, Furukawa Automotive
Systems Inc. and General Manager, Business Strategy Office, Automotive
Products Division, Furukawa Electric Co., Ltd.
General Manager, Corporate Management Department, ManagementDivision, Furukawa Automotive Systems Inc.
52021January2021

November

General Manager, Corporate Planning Department, Management Division,
Furukawa Automotive Systems Inc.
President and CEO, American Furukawa, Inc. (Current position)◆Reason for appointment
Since joining the company, Keiichi Nishimura has worked primarily at overseas businesses in theAutomotive Products Division. During his career, he has greatly contributed to developing new businesses,
establishing new overseas companies, withdrawing from unprofitable business and other aspects ofbusiness management. Leveraging his outstanding knowledge and experience in the automotive products
business, he is expected to contribute to growing the business as Deputy General Manager of theAutomotive Products Division.
Hiroko Takita
Born January 28, 1971
1993
1993
2012
2016
2016

March
April
April
April
September

2017
2019

October
May

2021

April

2022

April

2023

July

53 years old

From Fukushima Prefecture

Graduated from Faculty of Letters, The University of Tokyo
Joined Furukawa Electric Co., Ltd.
Manager, Affiliate and Overseas Group, HR & General Affairs Division
Manager, HR & General Affairs Section 2, Administration and CSR Division
Manager, Group Global Management Promotion Office, Group Global
Management Promotion Division
Team Leader, Work Style Reform Project Team, Strategy Division
Team Leader, Organization & Work Style Reform Team, Group ReformDivision
General Manager, HR & Organizational Development Department,Business Basis Transformation Division
General Manager, HR & Organizational Development Department, StrategyDivision
General Manager, Investor Relations Department, Finance & Accounting
Division (Current position)◆Reason for appointment
During her career mainly in HR divisions, Hiroko Takita has contributed to the transformation of HR
systems and establishment of the Shared Service Center. She has been a strong leader of projects
related to diversity, work style reform and organizational transformation. She possesses experience inpromoting companywide projects as the PMO of the IT infrastructure system in the Corporate Planning
Office. She has been in her current position since 2023. While maintaining a comprehensive view of theentire company based on her extensive experience in companywide projects, she is expected to promote
IR activities that will lead to increased corporate value.
Kentaro Sakamoto
Born August 17, 1968
1994

March1994
2000

AprilOctober

55 years oldFrom Tokyo

Completed graduate studies in Mechanical Engineering, Graduate Schoolof Industrial Technology, Nihon UniversityJoined Furukawa Electric Co., Ltd.
Manager, Maintenance & Facility Department, Furukawa Mexico S.A. DeC.V.
62006

April

2007

October

2009

April

2015
2018

MarchOctoberManager, Electronic Component Production Technology Group,
Manufacturing Department 2, Mie Electronics Works, Automotive Products
Division, Electronics & Automotive Systems Company, Furukawa ElectricCo., Ltd.
Assistant Manager, Production Technology Group 1, Production
Preparation Office, Functional Products Department, Production Division,
Furukawa Automotive Systems Inc.
Manager, Production Technology Group 1, Production Technology
Department, Functional Products Department, Production Division,Furukawa Automotive Systems Inc.
Managing Director, Furukawa Electric (Shenzhen) Co., Ltd.
Managing Director, Furukawa Electric (Shenzhen) Co., Ltd. and ManagingDirector, Furukawa Automotive Systems Management (Shanghai) Co., Ltd.

2019

December

2021

January

2021

March2021

April

2022

April

General Manager, Business Strategy Office, Furukawa Automotive
Systems Inc. and General Manager, Business Strategy Office, Automotive
Products Division, Electronics & Automotive Systems Division, Furukawa
Electric Co., Ltd.
General Manager, Next Generation MONOZUKURI Innovation Department,
MONOZUKURI Innovation Division, Furukawa Automotive Systems Inc.
General Manager, Next Generation Process Innovation Department,MONOZUKURI Innovation Division, Furukawa Automotive Systems Inc.
Deputy General Manager, MONOZUKURI Innovation Division, Furukawa
Automotive Systems Inc.
General Manager, Quality Promotion Department, MONOZUKURI
Innovation Division, Furukawa Electric Co., Ltd. (Current position)◆Reason for appointment
Kentaro Sakamoto possesses extensive global work experience, including the construction of a factory inMexico and as managing director of automotive products subsidiaries in China, and throughout his overseas
career, he has successfully achieved business growth and profitability. Since 2022, he has promoted
groupwide quality improvements as General Manager of the Quality Promotion Department in theMONOZUKURI Innovation Division. While the automotive industry undergoes a major transformation, asPresident of Furukawa Automotive Systems Inc., he is expected to realize growth through the creation ofnext generation product lineups, including in domains that combine information, energy and mobility.

7

Profiles of the Newly Nominated Director Candidates
Koji Aoshima
As stated above◆Reason for nomination
Along with serving in key positions within the Finance & Accounting Division during his long career in theFinance & Accounting Division, he possesses extensive hands-on experience in internal control. As adirector, he is expected to contribute to further strengthening group governance within Furukawa ElectricGroup.
Takeo Hoshino
Born May 16, 1962

61 years old1987

March1987

April

2003

June

2004

July

2007

July

2009

July

2011

July

2012

July

2013
2014

FebruaryJune

2015

April

2016

July

2017

July

2018
2018

July
November

2019

April

From Tokyo

Completed Master’s Degree Program in Metal Materials Engineering,
Graduate School of Engineering, The University of Tokyo
Joined Ministry of International Trade and Industry (Presently Ministry ofEconomy, Trade and Industry)
Officer, Policy Planning and Research Office, Personnel Division, Ministry ofInternational Trade and Industry
Assistant Manager of the San Francisco Office and Manager of the Business
Innovation Center, Japan External Trade Organization
Director for Electronic Devices, Commerce and Information Policy Bureau,
Ministry of Economy, Trade and Industry
Director, Technology Cooperation Division, Trade and Economic Cooperation
Bureau, Ministry of Economy, Trade and Industry
Director, Nonferrous Metals Division, Manufacturing Industries Bureau,
Ministry of Economy, Trade and Industry
Commissioner and Director-General for Information, National Institute ofTechnology and Evaluation
Director for Nuclear Incident Recovery, Reconstruction Agency
Director, Regional Economic and Industrial Policy Division, Regional
Economic and Industrial Group, Ministry of Economy, Trade and Industry
Deputy Director-General for Industrial Technology and Standards
Certification, Ministry of Economy, Trade and Industry
Deputy Director-General for Regional Economic and Industrial Policy, Ministryof Economy, Trade and Industry
Deputy Director-General, Town/ People/ Work Revitalization Headquarters,
Cabinet Secretariat
Deputy Secretary General, Office for the Promotion of Regional Revitalization
Cabinet Secretariat
Deputy Director-General, Nuclear Incident Disaster Response, Ministry ofEconomy, Trade and Industry
Retired from the Ministry of Economy, Trade and Industry
Research Fellow, Department of Materials Engineering, Graduate School ofEngineering, The University of Tokyo
Project Professor, Department of Materials Engineering, Graduate School ofEngineering, The University of Tokyo (Current position)
820192021

SeptemberMarchDeputy General Manager, Division of University Corporate Relations, The
University of Tokyo
Retired from this position◆Reason for nomination
While serving as Deputy Director-General in the Ministry of Economy, Trade and Industry, Takeo Hoshino
was responsible for an extremely broad range of industrial policy, including industrial technology policy,
environmental measures, electronic devices and communications industry and response to the nuclear
incident and tsunami. He possesses advanced knowledge and an extensive personal network. In particular,
conducting climate friendly business activities while maintaining sustainable growth is an important issue forus as a company, and he is expected to contribute to robust discussions at the Board of Directors Meetings
directed at solving this issue.
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