Panasonic Manufacturing Philippines Corporation announced that during the September 23, 2021 regular board meeting of PMPC, Mr. Masatoshi Sasaki resigned as director, president and chairman of the board, and Mr. Yoshiyuki Takahashi resigned as director and vice chairman of the board effective October 1, 2021. during the same meeting of the board on September 23, 2021, Mr. Yasushi kondo was elected as director, president and chairman of the board, and Mr. Atsushi Kozuma was elected as executive director, treasurer and vice chairman of the board, both effective October 1, 2021.