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June 15, 2023

Announcement of Management and Organizational Changes

JP Ver.

Kiyosu, Japan, June 15, 2023: Toyoda Gosei Co., Ltd. held an election for Directors and Audit & Supervisory Board Members at the Annual Shareholders’ Meeting on June 15. After the Shareholders’ Meeting, the Board decided to transfer some Directors and Corporate Officers and to make changes in organizational responsibilities. Organizational reform and personnel change were also carried out on the same day.

In addition, a CxO (chief officer) system has been introduced, which transfers some of the authority and responsibility of the President to CxOs. With this system, key functions will be managed globally beyond the framework of existing Business Headquarters and regional headquarters to execute highly strategic operations and speed up management.

1CxO system

The table can be scrolled left and right

CxO PositionRole
CEO
(Chief Executive Officer)
To set medium- to long-term policy for sustainable growth of the company
(Maximize corporate value)
CFO
(Chief Financial Officer)
To formulate a strategy and allot resources to achieve the medium- to long-term policy
CRO
(Chief Risk Officer)
To assess, take measures against, and control various risks faced by the company
CTO
(Chief Technology Officer)
To direct development of products and manufacturing methods to achieve the medium- to long-term business policy
CMO
(Chief Manufacturing Officer)
To direct strategy and policies that improve manufacturing SQDC to raise competitive advantage

2Transfer of Directors and change in management

NamePrevious positionNew position*
Katsumi Saito Corporate Officer
 Deputy Chief of Corporate Strategy
 Headquarters
President (Representative Director)
 CEO
Hiroshi Yasuda Director, Corporate Officer
 Chief of Corporate Strategy
 Headquarters
Executive Vice President (Representative Director)
 CFO, CMO, Chief of Corporate Strategy
 Headquarters, Chief of Automotive
 Business Management Headquarters,
 Chief of Carbon Neutrality and
 Environment Promotion Division
Mitsuhiro Nawashiro Corporate Officer
 Chief of Research and Development
 Headquarters, Deputy Chief of Life
 Solution Business Headquarters
Director, Corporate Officer
 CTO, Chief of Research and Development
 Headquarters
Takashi Wada Outside Director

* Underlines show changes (the same applies below)

3Appointment of Audit & Supervisory Board Member

NamePrevious positionNew position*
Masahiko Yokoi Outside Audit & Supervisory Board Member

4Transfer of Corporate Officers and change in management

NamePrevious positionNew position*
Hiromasa Zaitsu Corporate Officer
 Chief of General Administration and
 Human Resources Headquarters
Corporate Officer
 CRO, Chief of General Administration
 and Human Resources Headquarters,
 Chief of Audit Division
Makoto Hasegawa Corporate Officer
 Deputy Chief of Sales Headquarters
Corporate Officer
 Chief of Sales Headquarters
Kenji Hayashi Corporate Officer
 Chief of IE Business Headquarters,
 Deputy Chief of Automotive Business
 Management Headquarters
Corporate Officer
 Chief of IE Business Headquarters
Hiroki Fukui Chief of China Regional Headquarters,
 Chairman and President, Toyoda
 Gosei(China) Investment Co., Ltd.
Corporate Officer
 Deputy Chief of Corporate Strategy
 Headquarters, Chairman, Toyoda Gosei
 (China) Investment Co., Ltd.
Nobuhisa Tanaka Executive Management
 Chief of Americas Regional Headquarters,
 President, Toyoda Gosei North America
 Corporation
Corporate Officer
 Chief of Americas Regional Headquarters,
 President, Toyoda Gosei North America
 Corporation
Katsufumi Otani Executive Management
 Deputy Chief of Corporate Strategy
 Headquarters
Corporate Officer
 Deputy Chief of Corporate Strategy
 Headquarters
Bijay Krishna Shrestha Executive Management
 Chief of India Regional Headquarters,
 President, Toyoda Gosei South India
 Pvt. Ltd.
Corporate Officer
 Chief of India Regional Headquarters,
 President, Toyoda Gosei South India
 Pvt. Ltd.
Yasushi Okada Executive Management
 Deputy Chief of SS Business Headquarters
Corporate Officer
 Deputy Chief of SS Business Headquarters

5Organizational Changes

Corporate Strategy Headquarters

▽A new Strategy Promotion Division is being established to enhance systems that promote and follow the progress in the company’s medium- to long-term business plan, and accelerate efforts for key issues to achieve the goals in the business plan.

Research and Development Headquarters

▽To accelerate development and commercialization of new products by bringing together the functions of engineering administration and development process innovations in the Research and Development Headquarters, the Engineering Management Division is being moved from the Automotive Business Management Headquarters to the Research and Development Headquarters.

6.Transfer/promotion of Executive Management, Division Deputy General Managers and above

 6-1.Promotion to Executive Management

NamePrevious positionNew position*
Masayoshi Hachisuka General Manager of Finance & Accounting Division Deputy Chief of Corporate Strategy
Headquarters

 6-2.Transfer of Headquarters and Business Headquarters Deputy Chiefs, and above

NamePrevious positionNew position*
Masato Soji Functional Officer;
Chief of TG Learning Center
Functional Officer;
Deputy Chief of General Administration
and Human Resources Headquarters; Chief
of TG Learning Center
Masayoshi Kawachi Deputy Chief of Automotive
 Business Management Headquarters
Chief of Safety & Health Promotion
Division;
Deputy Chief of Automotive
Business Management Headquarters
Takashi Amano Deputy Chief of IE Business
Headquarters
Deputy Chief of Automotive
Business Management Headquarters
Katsuhiko Kato Deputy Chief of Automotive Business
Management Headquarters;
Project General Manager of Carbon
Neutrality and Environment Promotion
Division
Deputy Chief of Automotive Business
Management Headquarters;
General Manager of Production Engineering
Management Division; Project General
Manager of Carbon Neutrality and
Environment Promotion Division
Daiichiro Kawashima Deputy Chief of Research and
Development Headquarters;
Project General Manager of IE Business
Headquarters
Deputy Chief of IE Business Headquarters;
General Manager of IE Development
Division
Shinji Koide Chief, TG SPORTS Co., Ltd. Deputy Chief of Life Solution Business
Headquarters;
General Manager of Life Solution Business
Planning Division
Hiromi Hyuga Executive Vice President, Toyoda
Gosei East Japan Co., Ltd.
Chief of Taiwan Regional Headquarters;
Deputy Chief of IE Business Headquarters;
General Manager of IE Production
Engineering Development
Toshio Goto Deputy Chief of Automotive
Business Management Headquarters
Executive Vice President, Toyoda Gosei
(China) Investment Co., Ltd.

 6-3.Transfer of Division Deputy General Managers and above

NamePrevious positionNew position*
Katsuya Kato General Manager of Mold Management
Division;
Plant Manager of Nishimizoguchi Plant
General Manager of Safety & Health
Promotion Division
Hideyuki Nakamura General Manager of Safety & Health
Promotion Division
Project General Manager of Safety & Health
Promotion Division
Tokuhiro Asano General Manager of Corporate
Planning Division Strategy Planning;
Project General Manager of New Value
Creation Division
General Manager of Strategy Promotion
Division;
General Manager of 2030 Business Plan
Promotion Department
Hideaki Kondo Deputy General Manager of Finance &
Accounting Division;
Project General Manager of Carbon
Neutrality and Environment Promotion
Division
General Manager of Finance & Accounting Division;
Project General Manager of Carbon
Neutrality and Environment Promotion
Division
Yoshihiro Miura General Manager of Engineering
Management Division, Automotive Business
Management Headquarters
General Manager of Engineering
Management Division, Research and
Development Headquarters
Masaharu Hirota Project General Manager of Electronics
Engineering Division;
Project General Manager of Mobility
Development Division
General Manager of Electronics Engineering
Division;
Project General Manager of Mobility
Development Division
Yasumasa Tatewaki General Manager of Electronics
Engineering Division
Project General Manager of
Electronics Engineering Division
Yoji Kimura General Manager of Carbon Neutral
Production Process Promotion Department,
Production Engineering Management Division;
Project General Manager of Strategy
Planning Department, Corporate Planning
Division
Deputy General Manager of Production
Engineering Management Division;
Project General Manager of Corporate
Planning Department, Corporate Planning
Division
Hironao Tanaka Project General Manager of EV and
FCEV Development Division
General Manager of Mold Management Division;
Plant Manager of Nishimizoguchi Plant
Shingo Enya Project General Manager of SS Quality
Control Division
General Manager of SS Quality Control Division;
Project General Manager of Quality
Assurance Division
Mikihito Ishii General Manager of SS Quality
Control Division;
Project General Manager of
Quality Assurance Division
Project General Manager of SS Quality
Control Division
Koji Anada General Manager of Life Solution Business
Planning Division
Project General Manager of Life Solution
Business Headquarters
Ryuji Yokoi General Manager of Production
Engineering Management Division
Managing director, TG-Techno Co., Ltd.
Takehito Nakayama General Manager of IE Production
Engineering Development Division
Senior Vice President, TG Missouri Corporation
Takeshi Kaneko General Manager of IE Development
Division;
Project General Manager of Mobility
Development Division
Chief of technical Center, Toyoda Gosei (China)
Investment Co., Ltd.

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