News
June 14, 2024
Announcement of Management and Organizational Changes
Kiyosu, Japan, June 14, 2024: Toyoda Gosei Co., Ltd. held an election for Directors and Audit & Supervisory Board Members at the Annual Shareholders’ Meeting on June 14. After the Shareholders’ Meeting, the Board decided to transfer some Directors and Corporate Officers, to establish new CxOs (Chief Officers) and to make changes in organizational responsibilities. Organizational reform and personnel change were also carried out on the same day.
1. Establishment of new CxOs and partial change in roles of CFO
Toyoda Gosei introduced a CxO system in June 2023 to delegate some of the authority and responsibilities of the company president to CxOs. This was done for global management of key functions beyond the framework of the company’s different business headquarters and regional headquarters in order to achieve highly strategic operational execution and speedier management decisions. The company has now appointed a new Chief Operating Officer (COO) and Chief Human Resources Officer (CHRO) to raise medium- and long-term corporate value by ensuring consistency in the execution of operations globally and through the management of human capital as it progresses toward the goals in the company’s medium- to long-term business plan (2030 Business Plan).
The table can be scrolled left and right
| CxO Position | Role |
|---|---|
| COO (Chief Operating Officer) |
Formulate strategy and finalize the allocation of resources to achieve medium- to long-term policy, and oversee work related to business operations |
| CHRO (Chief Human Resources Officer) |
Direct the human resources strategy needed in executing business and regional strategies to achieve medium- to long-term policy Direct measures for self-realization of the diverse personnel who support the sustainable growth of the company (Support the well-being of employees) |
| [Partial change] CFO (Chief Financial Officer) |
(With the introduction of a COO, the role of the CFO is now to specialize in financial strategy) Direct financial strategy with an emphasis on the balance between growth potential, stability, and efficiency |
2. Transfer of Directors and change in management
| Name | Previous position | New position* |
|---|---|---|
| Naoki Miyazaki | Director | Chairman |
| Hiroshi Yasuda | 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 |
Executive Vice President (Representative Director) COO, CMO, Chief of Corporate Strategy Headquarters, Chief of Automotive Business Management Headquarters, Chief of Carbon Neutrality and Environment Promotion Division |
| Masaki Oka | Director, Corporate Officer Chief of General Administration and Human Resources Headquarters, Chief of Audit Division |
Director, Corporate Officer CHRO, Chief of General Administration and Human Resources Headquarters |
| Mitsuhiro Nawashiro | Director, Corporate Officer CTO, Chief of Research and Development Headquarters |
Director, Corporate Officer CTO, Chief of Research and Development Headquarters, Adviser of Life Solution Business Headquarters |
| Masanori Furukawa | ― | Outside Director |
| Shigeki Maeda | ― | Outside Director |
| Makoto Aou | ― | Outside Director |
* Underlines show changes (the same applies below)
3. Transfer of Corporate Officers and change in management
| Name | Previous position | New position* |
|---|---|---|
| Kenji Hayashi | Corporate Officer Chief of IE Business Headquarters |
Corporate Officer Chief of IE Business Headquarters, Chief of Safety & Health Promotion Headquarters |
| Masayoshi Hachisuka | Executive Management Chief of IT Headquarters, Deputy Chief of Corporate Strategy Headquarters |
Corporate Officer CFO, Chief of IT Headquarters, Deputy Chief of Corporate Strategy Headquarters |
| Hiroko Ando | Senior Management General Manager of Legal Division, Project General Manager of Corporate Planning Division Corporate Planning Department |
Corporate Officer Deputy Chief of General Administration and Human Resources Headquarters, Chief of Audit Division |
4. Organizational Changes
FC and WS Business Headquarters
▽As one part of efforts for rubber business growth and more efficient in operations by leveraging the company’s expertise in rubber, FC Manufacturing Division 2 and WS Manufacturing Division, both of which manufacture rubber parts, are being merged.
▽For Quality Control and Manufacturing Divisions in the Business Headquarters, the Haruhi and Heiwacho districts are reorganized as Division 1, and the Morimachi district as Division 2, and their names are changed.
IE Business Headquarters
▽To shift the value-up business from the planning to execution phase and accelerate its commercialization, the Value-up Business Planning Division is being merged into the EM Engineering Division (design and engineering).
SS Business Headquarters
▽As the company moves to expand sales of Safety System Products, the SS Production Engineering Division is being split and new SS Prod. Eng. Div. 1 (production preparation) and SS Prod. Eng. Div. 2 (development) are being established to strengthen production preparation and development functions.
5．Transfer/promotion of Executive Management, Division Deputy General Managers and above
5-1. Promotion to Executive Management
| Name | Previous position | New position* |
|---|---|---|
| Takeshi Yamauchi | Deputy Chief of FC and WS Business Headquarters; General Manager of WS Business Planning Division |
Deputy Chief of FC and WS Business Headquarters; General Manager of WS Business Planning Division |
| Takashi Uemura | General Manager of New Value Creation Division; Project General Manager of Strategy Promotion Division 2030 Business Plan Promotion Department; Project General Manager of New Value Development Division Osaka-Kansai Japan Expo Promotion Department; Project General Manager of SS Engineering Division 1 |
Chief of Life Solution Business Headquarters; General Manager of New Value Creation Division; Project General Manager of Strategy Promotion Division 2030 Business Plan Promotion Department |
| Junya Furuta | President, Tianjin Toyoda Gosei Co., Ltd.; President, Toyoda Gosei Star Light (Tianjin) Auto Parts Co., Ltd. |
President, Tianjin Toyoda Gosei Co., Ltd.; President, Toyoda Gosei Star Light (Tianjin) Auto Parts Co., Ltd. |
| Robert Patrick | President, TG Missouri Corporation | Deputy Chief of Americas Regional Headquarters; President, TG Missouri Corporation |
5-2. Transfer of Headquarters and Business Headquarters Deputy Chiefs, and above
| Name | Previous position | New position* |
|---|---|---|
| Masayoshi Kawachi | Chief of Safety & Health Promotion Division; Deputy Chief of Automotive Business Management Headquarters |
Deputy Chief of Carbon Neutrality and Environment Promotion Division; Deputy Chief of Automotive Business Management Headquarters |
| Soji Hamaji | General Manager of Production Engineering Management 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 |
| Katsuhiko Kato | Deputy Chief of Automotive Business Management Headquarters; Project General Manager of Carbon Neutrality and Environment Promotion Division |
President, Ichiei Industry Co., Ltd. |
5-3. Transfer of Division Deputy General Managers and above
| Name | Previous position | New position* |
|---|---|---|
| Masashi Umeda | General Manager of Human Resources Division; Project General Manager of Carbon Neutrality and Environment Promotion Division |
General Manager of General Administration Division; General Manager of General Administration Division General Administration Department |
| Osamu Haga | General Manager of General Administration Division, General Manager of General Administration Division General Administration Department |
General Manager of Legal Division; Project General Manager of Corporate Planning Division Corporate Planning Department |
| Yuichiro Mizutani | General Manager of Human Resources Division Human Resources Department; Project Manager of Strategy Promotion Division 2030 Business Plan Promotion Department |
General Manager of Human Resources Division; Project Manager of Strategy Promotion Division 2030 Business Plan Promotion Department; Project Manager of Carbon Neutrality and Environment Promotion Division |
| Eishin Mori | General Manager of FC Quality Control Division; Project General Manager of Quality Assurance Division |
General manager of FC and WS Quality Control Division 1; Project General Manager of FC and WS Quality Control Division 2; Project General Manager of Quality Assurance Division |
| Yoichi Saji | General Manager of WS Quality Control Division; Project General Manager of Quality Assurance Division |
General Manager of FC and WS Quality Control Division 2; Project General Manager of Quality Assurance Division |
| Ichiro Jinno | General Manager of FC Manufacturing Division 1; Plant Manager of Heiwacho Plant |
General Manager of FC and WS Manufacturing Division 1; Plant Manager of Heiwacho Plant |
| Shoichiro Sunaya | General Manager of WS Manufacturing Division |
General Manager of FC and WS Manufacturing Division 2; Plant Manager of Morimachi Plant |
| Yoshio Mukai | General Manager of FC Manufacturing Division 2; Plant Manager of Morimachi Plant |
Project General Manager of FC and WS Manufacturing Division 1 |
| Daiichiro Kawashima | Deputy Chief of IE Business Headquarters; General Manager of IE Development Division |
Deputy Chief of IE Business Headquarters |
| Hideto Maeda | General Manager of IE Development Division Exterior Parts Development Department |
General Manager of IE Development Division; Project General Manager of Research and Development Headquarters Module Planning and Development Project |
| Takehiko Shiraki | General Manager of Value-up Business Planning Division; Project General Manager of IE Business Planning Division |
Project General Manager of EM Engineering Division; Project General Manager of IE Business Planning Division |
| Takahiro Oishi | General Manager of SS Production Engineering Division |
General Manager of SS Production Engineering Division 1 |
| Takashi Ui | General Manager of SS Production Engineering Division SS Automation and Carbon Neutrality Promotion Department; Project General Manager of Strategy Promotion Division BR Material Recycle Commercialization Project |
General Manager of SS Production Engineering Division 2; Project General Manager of Strategy Promotion Division BR Material Recycle Commercialization Project |
| Koji Anada | Project General Manager of Life Solution Sales Division |
General Manager of Life Solution Engineering Division 2 |
| Haruyasu Mizutani | General Manager of Life Solution Engineering Division 2 |
Project General Manager of Life Solution Engineering Division 2 |