To Whom It May Concern:
February 27, 2014
Listed Company Name | TOTO LTD. |
Representative | Kunio Harimoto, President, Representative Director |
Code No. | 5332 (First Section of Tokyo/Nagoya Stock Exchanges, Fukuoka Stock Exchange) |
Contact Person | Masanori Akasaka, General Manager of Public & Investors Relations Dept. (TEL: +81-3-6836-2024) |
TOTO LTD. (the "Company") has been conducting business activities based on the TOTO V-Plan
2017 (hereinafter the "V-Plan") as the Company approaches its 100th anniversary in 2017. In order to ensure the achievement of the V-Plan and move the business on to a growth path, we will reorganize the Company and change executive officers in charge as of April 1, 2014 to establish a new management and administrative system.
We also would like to inform you that we have selected the candidates for directors and auditors, whose appointment will be proposed at the 148th Ordinary General Meeting of Shareholders to
be held on June 27, 2014. Such matters are expected to be formally approved at the 148th
Ordinary General Meeting of Shareholders as well as the Board of Directors Meeting and the
Board of Auditors Meeting, which will be held after the General Meeting of Shareholders.
1. Changes in Directors and Auditors
(1) Changes as of April 1, 2014
Name | New Title | Current Title |
Shunji Yamada | Director, Senior Managing Executive Officer | Director, Managing Executive Officer |
Noriaki Kiyota | Director, Senior Managing Executive Officer | Director, Managing Executive Officer |
Hiromichi Tabata | Director | Director, Senior Managing Executive Officer |
(2) Changes as of June 27, 2014
(i) Candidates for Newly Appointed Directors
Name | New Title | Current Title |
Soichi Abe | Director, Managing Executive Officer | Executive Officer |
Yuichi Narukiyo | Director, Managing Executive Officer | Executive Officer |
Kazuhiko Masuda | Outside Director | ( Advisor, UACJ Corporation) |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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(ii) Retiring Directors
Name | New Title | Current Title |
Hiromichi Tabata | (Retired) | Director (as of April 1) |
Kazumoto Yamamoto | (Retired) | Outside Director |
* Hiromichi Tabata will be appointed as an advisor after retiring.
(iii) Candidate for Newly Appointed Auditor
Name | New Title | Current Title |
Satoshi Miyazaki | Audit & Supervisory Board Member, Standing | Senior Executive Officer |
(iv) Resigning Auditor
Name | New Title | Current Title |
Yozo Hirota | (Retired) | Audit & Supervisory Board Member, Standing |
* Yozo Hirota will be appointed as a special colleague after retiring.
* Regarding the changes in representative directors, please see the "Notice of Change of
Chairman, President, and Representative Directors" dated January 31, 2014.
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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2. Management and Administrative System as of April 1, 2014
Directors
Representative Director, Chairman of the Board | Kunio Harimoto (Promoted) | |
President, Representative Director | Madoka Kitamura (Promoted) | In Charge of New-Domain Business Group, Management Planning Division and Secretary's Office, and in Charge of V-Plan New-Domain Business |
Representative Director, Executive Vice President | Tatsuhiko Saruwatari | In Charge of Business Divisions and Internal Audit Office, and in Charge of V-Plan Supply Chain Innovation |
Representative Director, Executive Vice President | Kiyoshi Furube (Promoted) | In Charge of Sales Groups and Cultural Promotion Department, in Charge of V-Plan Domestic Housing Equipment Business and V-Plan Marketing Innovation |
Director, Senior Managing Executive Officer | Shunji Yamada (Promoted) | In Charge of Business Promotion Group, Customer Service Division and Information System Planning Division |
Director, Senior Managing Executive Officer | Noriaki Kiyota (Promoted) | In Charge of Restroom Business Group and Faucets &Appliances Division |
Director, Senior Managing Executive Officer | Yuji Ebisumoto | In Charge of System Product Group and Production Technology Business Group, and in Charge of V-Plan Manufacturing Innovation |
Director, Senior Managing Executive Officer | Nozomu Morimura | In Charge of Sales Promotion Group and Marketing Group |
Director, Senior Advisor | Teruo Kise | |
Director | Akio Hasunuma | |
Director | Hiromichi Tabata | |
Outside Director | Kazumoto Yamamoto | |
Outside Director | Hiroki Ogawa |
Auditors
Audit & Supervisory Board Member, Standing | Yozo Hirota |
Audit & Supervisory Board Member, Standing | Motohiro Oniki |
Audit & Supervisory Board Member, Outside | Masamichi Takemoto |
Audit & Supervisory Board Member, Outside | Akira Katayanagi |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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Executive Officers
Senior Executive Officer | Eiji Takahashi | President and Representative Director of TOTO Engineering Ltd. |
Senior Executive Officer | Toshihiro Ito (Newly appointed) | General Manager of Retail Sales Division |
Senior Executive Officer | Masayuki Kato | General Manager of Logistics Division, and President and Representative Director of TOTO Logicom Ltd. |
Senior Executive Officer | Satoshi Miyazaki *1 | General Manager of Management Planning Division |
Senior Executive Officer | Yoshimitsu Saeki | General Manager of Advanced Ceramics Division, and President and Representative Director of TOTO Fine Ceramics Ltd. |
Senior Executive Officer | Kenji Honma (Promoted) | General Manager of Chubu Branch Office |
Senior Executive Officer | Hirotoshi Naka | General Manager of Purchasing Division |
Senior Executive Officer | Yukihiro Fukuda (Promoted) | General Manger of Research Institute |
Senior Executive Officer | Seitaro Oyamada (Promoted) | General Manager of Project Sales Division |
Senior Executive Officer | Shoji Sakai (Promoted) | President and Representative Director of TOTO Mtec Ltd. |
Senior Executive Officer | Koichi Hirohata | General Manger of Tokyo Branch Office and in Charge of the administration of four Kanto Branch Offices |
Senior Executive Officer | Naoki Kamohara (Promoted) | President and Representative Director of TOTO Kansai Sales Ltd. |
Senior Executive Officer | Takatoshi Oshibe (Promoted) | General Manger of Kansai Branch Office |
Senior Executive Officer | Shiro Fukumoto | General Manager of Faucets and Appliances Division, and President and Representative Director of TOTO Aquatechno Ltd. |
Senior Executive Officer | Toru Oka (Promoted) | General Manager of Kitchen & Lavatory Vanity Division, and President and Representative Director of TOTO High Living Ltd. |
Senior Executive Officer | Taiichi Aso | General Manager of Sanitary Ware Production Division, and President and Representative Director of TOTO Sanitechno Ltd. |
Executive Officer | Kazuhito Tanaka | Deputy General Manager of Customer Service Division, and President and Representative Director of TOTO Maintenance Ltd. |
Executive Officer | Masanori Hayashi | General Manger of Customer Service Division |
Executive Officer | Fujio Edo (Newly appointed) | General Manger of Sales Coordinating Division |
Executive Officer | Kaoru Nogami | General Manager of Marketing Division |
Executive Officer | Kazuo Sako | General Manager of Green Building Materials Division, and President and Representative Director of TOTO Materia Ltd. |
Executive Officer | Kazuo Watanabe | General Manger of Asia Oceania Division, and President of TOTO Asia Oceania Pte.LTD. |
Executive Officer | Soichi Abe *2 | In Charge of International Business Group, and in Charge of V-Plan Overseas Housing Equipment Business |
Executive Officer | Ablet Eri | General Manger of China Division, and President of TOTO (China) Co., Ltd. |
Executive Officer | Ryosuke Hayashi | Deputy General Manger of Restroom Business Group, General Manger of Washlet Production Division, and President and Representative Director of TOTO Washlet Techno Ltd. |
Executive Officer | Jun Hatakeyama | General Manger of Production Technology Division |
Executive Officer | Toshiya Kuga (Newly appointed) | General Manger of Kyushu Branch Office |
Executive Officer | Yuichi Narukiyo *2 | In Charge of Corporate Administrative Group and Legal Affairs Division, General Manager of Human Resource Division, and in Charge of V-Plan Management Resource Innovation and President and Representative Director of TOTO Finance Ltd. |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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Executive Officer Takayuki Shimizu General Manager of Bathroom Division, and President and
Representative Director of TOTO Bath Create Ltd.
Executive Officer Daijiro Nogata General Manger of Americas Division, President of TOTO Americas
Holdings, Inc. and President of TOTO U.S.A., Inc.
* Changes are underlined.
*1: Senior Executive Officer Satoshi Miyazaki will be appointed as an Audit & Supervisory Board Member, Standing by the resolution adopted at the Ordinary General Meeting of Shareholders to be held on June 27,
2014 and the Board of Directors Meeting.
*2: Executive Officers Soichi Abe and Yuichi Narukiyo will be appointed as Directors, Managing Executive
Officers by the resolution adopted at the Ordinary General Meeting of Shareholders to be held on June 27,
2014 and the Board of Directors Meeting.
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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(Reference 1) New Organization Chart (as of April1,2014)
---IMarke-ting Group -li.
Customer Service Oivision
Cul tura!Promotion rtment
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Design Division
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- Shki oku BranchOffice
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·;o " Pro·ect Sales Oivision
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- - HChina Oivision
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c o li
Euro Division
(,) U) l........l lnte-rnationa.l Business Coordinating Oivision
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as"' a; Washel t Oivision
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New-Oomain Business Grou
---i roductionTechnoJogy
Business Grouo
Co< rate Al:tninistrative Grou
Business Promotion Grou
Kitchen & Lavat Van Oivision
Faucets & Appliances Oivision nAdvanced Ceramics Oivision uGreen Buildin Materials OivisiCI'l
FuelCeli Division
r l Eronics Technology Oivisior,
r ProductionTechnolo Oivision
Research lnstitute
lAffairs Oivision
Management Planning Oivision
r-tHuman Resource Oivision
Accountin & Fni ance Oivision
GeneraiAffairs Oivision
L........ITokyo Corporate Administrative Division
Logistics Oivision
Purchasin Oivision
En ineerin Works Oivision
I.McrnJudit Offioc
This nolice has be en translated from the original notice in Japane se. In the event of any discrepancy, the originai in Japanese shall prevail.
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(Officers in Charge of V-Plan)
Domestic Housing Equipment Business
Overseas Housing Equipment Business
New-Domain
Business
Kiyoshi Furube Soichi Abe Madoka
Kitamura
Kiyoshi Furube
Tatsuhiko Saruwatari
Yuji Ebisumoto
Yuichi Narukiyo
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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(Director)
Name | Soichi Abe |
Place of Birth | Fukuoka Prefecture |
Date of Birth | August 22, 1961 |
Education | Mar. 1985 Graduated from the Chinese Studies Department, School of Language and Culture Studies, Tokyo University of Foreign Studies |
Brief Career History | Apr. 1985 Joined the Company Mar. 1993 General Manager of Beijing Branch Office, Overseas Sales Department 1, International Business Group of the Company Apr. 2000 Vice President of TOTO (China) Co., Ltd. Feb. 2001 General Manager of International Sales Department, International Sales Group of the Company Apr. 2004 General Manger of China Division of the Company and President of TOTO (China) Co., Ltd. Apr. 2009 Deputy General Manger of International Business Group of the Company Apr. 2011 Executive Officer and General Manger of International Business Group of the Company (Current position) |
Name | Yuichi Narukiyo |
Place of Birth | Fukuoka Prefecture |
Date of Birth | March 18, 1962 |
Education | Mar. 1987 Completed Master's Degree, Department of Science and Engineering, Waseda University Graduate School Mar. 1999 Acquired Doctor of Engineering, Waseda University |
Brief Career History | Apr. 1987 Joined the Company. Apr. 2000 Manager of Health and Safety Section, Human Resource Division of the Company Feb. 2003 Manager of International Business Promotion Section, International Business Coordination Division of the Company Apr. 2004 Vice President of SIAM SANITARY WARE CO.,LTD. (Thailand) Jun. 2007 General Manager of Tokyo Corporate Administrative Division of the Company Apr. 2010 General Manager of Human Resource Development Division of the Company Apr. 2011 Executive Officer and General Manager of Human Resource Division of the Company (Current position) |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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(Outside Director)
Name | Kazuhiko Masuda |
Place of Birth | Hyogo Prefecture |
Date of Birth | April 24, 1942 |
Education | Mar. 1965 Graduated from the Faculty of Business and Commerce, Keio University |
Brief Career History | Apr. 1965 Joined Sumitomo Light Metal Industries Ltd. Jun. 1992 General Manager of Planning and Research Department of Sumitomo Light Metal Industries Ltd. Jun. 1993 General Manager of Light Metal Department 1 of Sumitomo Light Metal Industries Ltd. Jun. 1996 Director and General Manager of Light Metal Department 1 of Sumitomo Light Metal Industries Ltd. Apr. 1997 Director and Manager of Sumitomo Light Metal Industries Ltd. Oct. 1997 Director and Deputy General Manager of Board Business Department of Sumitomo Light Metal Industries Ltd. Oct. 1998 Director and Deputy General Manager of Memory Disc Business, Department of Sumitomo Light Metal Industries Ltd. Jun. 1999 Managing Director and General Manager of Memory Disc Business Department of Sumitomo Light Metal Industries Ltd. Apr. 2001 Managing Director of Sumitomo Light Metal Industries Ltd. Jun. 2001 Senior Managing Director of Sumitomo Light Metal Industries Ltd. Jun. 2004 Member of the Board and President of Sumitomo Light Metal Industries Ltd. Jun. 2009 Chairman of the Board of Sumitomo Light Metal Industries Ltd. Jun. 2013 Advisor of Sumitomo Light Metal Industries Ltd. Oct. 2013 Advisor of UACJ Corporation (formed on October 2013 by merging the businesses of Furukawa-Sky Aluminum Corp. and Sumitomo Light Metal Industries Ltd.) (Current position) |
(Auditor)
Name | Satoshi Miyazaki |
Place of Birth | Saitama Prefecture |
Date of Birth | November 10, 1955 |
Education | Mar. 1978 Graduated from School of Political Science and Economics, Waseda University |
Brief Career History | Apr. 1978 Joined the Company Apr. 1998 General Manager of Water and Electricity Planning Department, Water and Electricity Business Division of the Company Apr. 2002 General Manager of International Business Coordinating Division of the Company Apr. 2004 General Manager of Restroom Business Planning Department, Restroom Business Group of the Company Apr. 2007 General Manager of Restroom Product Coordinating Division, Restroom Business Group of the Company Apr. 2008 General Manager of Management Planning Division of the Company Apr. 2011 Executive Officer and General Manager of Management Planning Division of the Company Apr. 2012 Senior Executive Officer and General Manager of Management Planning Division of the Company (Current position) |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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