March 23, 2012
To whom it may concern:
Company Name: Asahi Holdings, Inc.
Representative: Mitsuharu Terayama, CEO and COO(Code No.: 5857, First Section of the Tokyo Stock Exchange)
Contact: Hirohisa Yamaguchi, Department Manager
Planning & Communications Department(Telephone: +81-(0)3-6270-1833)

Notification of Personnel Change of Representative Director
Asahi Holdings, Inc. is pleased to announce today that the following resolution on personnel change ofRepresentative Director has been made at today’s Board of Directors Meeting:
1．Change in Representative Director:
New Post

Name

Current PostOwnership of Shares

Representative Director,President

Tsutomu Sakurai

Director

6,500 shares

2．Reason for Personnel Change:
In order to strengthen management structure further by increasing one Representative Director.
3．Profile of Newly Appointed Representative Director
Name（Date of Birth）

Tsutomu Sakurai(August 16, 1953)
Birth Place:
March 1976:
April 1976:
April 2005:

ProfileFukuoka Prefecture, Japan
Graduated from Keio University’s Faculty of Law
Entered Komatsu Ltd.
Chairman and Managing Director, Group CEO of Komatsu Europe
International n.v.
May 2008:
Joined Asahi Pretec Corp.
August 2008: Appointed as Corporate Officer and concurrently serve as Division
Manager of Precious Metal Recycling Business of Asahi Pretec
June 2009:
Appointed as Director and Corporate Officer of Asahi Pretec andconcurrently serve as Division Manager of Precious Metal
Recycling Business
April 2010:
Appointed as Industrial Recycling Business Division Manager ofIndustrial Recycling Business concurrently serve as Representative
Director and Corporate Officer
June 2010:
Appointed as Director of Asahi Holdings (present post）
April 2011:
Appointed as Representative Director and President ofAsahi Pretec (present post)

4．Effective Date:
Tsutomu Sakurai is scheduled to be appointed as Director at the upcoming general shareholders’ meeting inJune 14, 2012 and to be elected as Representative Director at the Board of Directors’ Meeting on the same day.

（Attachment）【Executive Appointment of Asahi Holdings and Group Companies】
Please be noted that the following resolution on personnel changes of Director Candidates and Corporate Officersof Asahi Holdings and its group companies of FY2012 has been made.
Personnel change of Corporate Officers is to be effective as of April 1, 2012. Election of Directors is to beresolved officially at the upcoming general shareholders’ meeting in June and the election of Representative
Directors is to be resolved officially at the Board of Directors’ Meeting.
1．Asahi Holdings, Inc. - Director Candidates
Representative Director
Mitsuharu Teyayama (Chairman)
Representative Director
Tsutomu Sakurai (President)
Director
Yoshikatsu Takeuchi
Director
Tomoya Higashiura
Director
Masaki Hirano *1
Director
Shoji Morii *2*1: Masaki Hirano is a newly appointed Director.
*2: Shoji Morii is an external Board Member stipulated in Act No. 15 of Article 2 of the Companies Act.
2．Asahi Pretec Corp. – Director Candidates and Corporate Officers
Representative Director
Tsutomu Sakurai (President)
DirectorMitsuharu Terayama (Chairman)
DirectorTomoya Higasiura
Corporate Officer
Keiichi Okumura, Department Manager of Precious Metal Recycling Businessand Jewerly Recycling BusinessCorporate Officer
Hiroyuki Nakanishi, Department Manager of Business Coordination Business,
Environmental Business and Photosensitive Material BusinessCorporate Officer
Kazuo Kawabata, Head of Techno-Center
3．Japan Waste Corporation – Director Candidates and Corporate Officers
Representative Director
Yoshikatsu Takeuchi (President)
Director andToshiyuki Otsuki
Corporate Officer
Corporate Officer
Hiromasa Iwaki, Department Manager of Environmental Business【Other Personnel Changes】
NameAmane Kojima

Keitaro Shigemasa

New Post
Department Manager
Finance and Accounting Department
Asahi Holdings, Inc.
Chief Information Officer
Department Manager
Information Technology Department
Asahi Holdings, Inc.

（As of April 1, 2012）
Current Post
Department Manager
Finance and Accounting Department
Asahi Pretec Corp.
Chief Information Officer
Department Manager
Information Technology Department
Asahi Pretec Corp.