Wacom Co., Ltd. announced that its Board of Directors resolved to change its Representative Director effective April 1, 2018 as follows: Nobutaka Ide was appointed as Representative Director, President and CEO. Masahiko Yamada, current Representative Director, President and CEO, will resign as President and CEO on March 31, 2018, and retire as Director following the 35th Ordinary Shareholders' Meeting planned at the end of June 2018. Nobutaka Ide previously was Executive Vice President, Technology Solution Business Unit and Platform & Applications Business Unit from April 2017 and is director of the company since June 2017.
Wacom Co Ltd is a Japan-based company mainly engaged in the development, manufacturing, and sale of brand products and technology solution products, as well as service operations. The Company operates through two business segments. The Technology Solutions segment is engaged in the provision of digital pens, sensors, touch panel components and modules. They are used for mobile devices such as tablet computers, e-books and mobile terminals. The Branded Products segment provides three kinds of services. Creative business provides pen tablets, mobiles and displays. The consumer business provides stylus pens, smart pads, and digital stationery. They are mainly used for illustration and memo making on digital terminals. Business solutions provides pen tablets. They are mainly used in the fields of education, medical care, and digital signatures.