• Corporate Governance and Management Decision-Making Structures
• Board Director
• Outside Board Director
• Audit & Supervisory Board Member
• Skills Matrix

Corporate Governance and Management Decision-Making Structures

Corporate Governance	Company with an Audit & Supervisory Board

Number of Board of Director under the Articles of Incorporation	12 or fewer people
Term of the Board of Directors in the Articles of Incorporation	2 years
Chairman of the Board of Directors	President
Number of Board of Directors	8 people
Election of Outside Board Directors	Elected
Number of Outside Board Directors	3 people
Number of outside board directors who are designated as independent officers	3 people
Number of Audit & Supervisory Board Members under the Articles of Incorporation	4 people
Number of Audit & Supervisory Board Members	4 people

Board Director

Masatsugu Sato

President and Representative Director, Chairperson of the Board of Directors, Chairperson of the Management Committee, in charge of Audit Department

Apr. 1973	Joined the Company
Apr. 2007	General Manager of Materials Management Department, Business Administration Department, Business Headquarters
Apr. 2008	General Manager of Business Administration Department, Business Headquarters
July 2008	General Manager of Production Control Department, Maruko Electronic Instrument Plant, Manufacturing Headquarters
May 2009	Operating Officer, and General Manager of Maruko Electronic Instrument Plant, Manufacturing Headquarters
June 2010	Operating Officer and General Manager of Maruko Electronic Instrument Plant
June 2011	Director, Operating Officer, and General Manager of Maruko Electronic Instrument Plant
June 2012	Director, Senior Operating Officer, Deputy General Manager of Business Headquarters, and General Manager of Maruko Electronic Instrument Plant, Business Headquarters
June 2014	Director, in charge of Ueda Measuring Instrument Plant and Maruko Electronic Instrument Plant, Business Headquarters, and Deputy General Manager and General Manager of Maruko Electronic Instrument Plant of Business Headquarters
July 2014	Director in charge of Manufacturing Headquarters, Business Headquarters
June 2015	Director in charge of Manufacturing Headquarters
June 2018	President and Representative Director, Chairperson of the Management Committee, in charge of IT Department and Manufacturing Headquarters
Apr. 2019	President and Representative Director, Chairperson of the Management Committee, in charge of Manufacturing Headquarters
July 2023	President and Representative Director, Chairperson of the Management Committee, in charge of the Audit Department and Business Strengthening Project
Apr. 2024	President and Representative Director, Chairperson of the Management Committee, in charge of Audit Department (current position)

Norio Kakuryu

Managing Director, Chairperson of Operating Officer Committee, in charge of Administrative Headquarters

Apr. 1979	Joined the Company
Apr. 2011	Deputy General Manager of Finance Department
June 2014	Operating Officer and Deputy General Manager of Finance Department
July 2014	Operating Officer and General Manager of Finance Department
June 2018	Director in charge of Finance Department
July 2023	Managing Director, Chairperson of Operating Officer Committee, in charge of Administrative Headquarters (current position)

Toyoshige Kobayashi

Director, in charge of Administrative Headquarters

Apr. 1985	Joined The Hachijuni Bank, Ltd.
Feb. 2004	General Manager of Wakamiya Branch
Feb. 2006	General Manager of Kumagaya Branch
June 2008	General Manager of Corporate Banking Department
June 2011	General Manager of Showadori Area Showadori Business Department
June 2014	General Manager of Takada Branch
June 2016	Operating Officer and General Manager of Takada Branch
June 2017	Operating Officer and General Manager of Personnel Department
June 2019	Operating Officer and General Manager of Internal Audit Department
June 2020	Director of the Company
Apr. 2021	Director in charge of General Affairs Department
June 2022	Director in charge of Audit Department, Legal and Compliance Department and General Affairs Department
July 2023	Director in charge of Business Headquarters
Apr. 2024	Director in charge of Sales Headquarters, Technology Headquarters, and Manufacturing Headquarters
Apr. 2024	Audit & Supervisory Board Member of Hitachi Astemo & Nagano, Ltd. (current position)
June 2024	Director in charge of Sales Headquarters (current position)

Akihiko Ono

Director, Chairperson of Sustainability Committee, Chairperson of Product Evaluation Committee, Chairperson of Internal Control Committee and Chairperson of Risk Management Committee, in charge of Business Strengthening Advancement Committee and Corporate Strategy Division

Apr. 1986	Joined the Company
Apr. 2010	Deputy General Manager of Sales Department 1, Sales Headquarters
June 2012	General Manager of East Japan Sales Department, Business Headquarters
Nov. 2016	General Manager of Sales Strategy Department, Sales Headquarters
June 2018	Operating Officer and General Manager of Corporate Strategy Division
Aug. 2018	Director of Hitachi Automotive Systems & Nagano, Ltd. (currently Hitachi Astemo & Nagano, Ltd.)
June 2021	Senior Operating Officer and General Manager of Corporate Strategy Division of the Company
Apr. 2022	Senior Operating Officer, General Manager of Corporate Strategy Division and General Manager of IT Department
June 2022	Director of SUNCAST CO., LTD. (current position)
July 2022	Senior Operating Officer, General Manager of Corporate Strategy Division, General Manager of Management Planning Department and General Manager of IT Department of the Company
July 2023	Director, Chairperson of Sustainability Committee, Chairperson of Product Evaluation Committee, Chairperson of Internal Control Committee and Chairperson of Risk Management Committee, in charge of Corporate Strategy Division
Apr. 2024	Director, Chairperson of Sustainability Committee, Chairperson of Product Evaluation Committee, Chairperson of Internal Control Committee and Chairperson of Risk Management Committee, in charge of Business Strengthening Advancement Committee and Corporate Strategy Division (current position)

Akihisa Suwa

Director, in charge of Technology Headquarters and Manufacturing Headquarters

Apr. 1995	Joined the Company
Apr. 2012	Deputy General Manager of Production Control Department, Maruko Electronic Instrument Plant, Manufacturing Headquarters
Apr. 2016	General Manager of Production Control Department, Ueda Measuring Instrument Plant, Manufacturing Headquarters
June 2016	Acting General Manager of Ueda Measuring Instrument Plant, Manufacturing Headquarters and General Manager of Production Control Department, Ueda Measuring Instrument Plant, Manufacturing Headquarters
Apr. 2017	General Manager of Ueda Measuring Instrument Plant, Manufacturing Headquarters and General Manager of Production Control Department, Ueda Measuring Instrument Plant, Manufacturing Headquarters
June 2018	Operating Officer and General Manager of Ueda Measuring Instrument Plant, Manufacturing Headquarters and General Manager of Production Control Department, Ueda Measuring Instrument Plant, Manufacturing Headquarters
May 2019	Audit & Supervisory Board Member of Yoshitomi-Mahshin, Co., Ltd.
July 2020	Operating Officer and Deputy General Manager of Manufacturing Headquarters of the Company
Nov. 2020	Operating Officer, Assistant General Manager of Manufacturing Headquarters of the Company and seconded to JADE Sensortechnik GmbH
Dec. 2020	Operating Officer, Assistant General Manager of Manufacturing Headquarters of the Company and Advisory Board Member of JADE Sensortechnik GmbH
July 2022	Operating Officer, General Manager of Manufacturing Headquarters of the Company and Advisory Board Member of JADE Sensortechnik GmbH
June 2023	Senior Operating Officer and General Manager of Manufacturing Headquarters
July 2023	Senior Operating Officer and General Manager of Manufacturing Headquarters, Business Headquarters
Apr. 2024	Senior Operating Officer and General Manager of Manufacturing Headquarters
June 2024	Director, in charge of Technology Headquarters, Manufacturing Headquarters and General Manager of Manufacturing Headquarters
July 2024	Director, in charge of Technology Headquarters and Manufacturing Headquarters (current position)

Outside Board Director

Masanori Suzuki

Outside Director (Part-time)

Apr. 1978	Joined the Ministry of International Trade and Industry (currently the Ministry of Economy, Trade and Industry)
July 2008	Director-General of Industrial Science and Technology Policy and Environment Bureau, Ministry of Economy, Trade and Industry
July 2010	Director-General of Manufacturing Industries Bureau
Aug. 2011	Commissioner of Small and Medium Enterprise Agency
Oct. 2013	Advisor to JGC JAPAN CORPORATION (currently JGC HOLDINGS CORPORATION)
June 2014	Director of the Company
July 2014	Director and Operating Officer of JGC JAPAN CORPORATION
June 2016	Director and Senior Operating Officer
June 2018	Director of the Company (current position)
Oct. 2019	Director and Senior Operating Officer of JGC HOLDINGS CORPORATION
Oct. 2020	Director of United Semiconductor Japan Co., Ltd. (current position)
May 2021	Director and Chairman of MJS M&A Partners CO., LTD. (current position)
June 2021	Board Chairman of International Aircraft Development Fund (current position)
June 2021	Chairperson of Association for the Promotion of Electric Vehicles (current position)
June 2021	Director of Miroku Jyoho Service Co., Ltd.
Apr. 2023	Vice Chairman of the Board, Officer in Charge of DX Business Strategy Office, and Officer in Charge of Promotion of Compliance
Apr. 2024	Vice Chairman of the Board, Officer in Charge of DX Business Strategy Office, Officer in Charge of Promotion of Compliance, and Manager of Internal Control Office (current position)

[Reasons for nomination as candidate for Outside Director and outline of expected role]

Masanori Suzuki has been using his wealth of experience and broad insights acquired at the Ministry of Economy, Trade and Industry, the Small and Medium Enterprise Agency, and other companies to appropriately ask questions from an independent standpoint and a neutral and objective perspective, while providing advice and recommendations to secure the suitability and appropriateness of decision making of the Board of Directors and also contributing to the further invigoration of the Board of Directors.

Yoshiyuki Terashima

Outside Director (Part-time)

Mar. 1987	Private secretary to House of Representatives Member Tsutomu Hata
Apr. 1991	Elected for the first term as a member of the Nagano Prefectural Assembly (Subsequently elected for six consecutive terms)
Oct. 1994	Director of Social Welfare Corporation Longlife Komoro (current position)
Apr. 1998	Chairman of the Committee on Rules and Administration for the Nagano Prefectural Assembly
Apr. 2000	Chairman of the General Affairs Police Committee of the Nagano Prefectural Assembly
Mar. 2010	Chairman of the Nagano Prefectural Assembly
Dec. 2012	Elected for the first term as a member of the House of Representatives (Nagano 3rd District)
June 2019	Director of the Company (current position)

(Reason for Appointment and Expected Role)

Yoshiyuki Terashima is appointed as an Outside Director based on his extensive experience as a member of the House of Representatives and a member of the Nagano Prefectural Assembly and his insight on politics, economy, culture, etc. Although he has not been directly involved in corporate management, he will contribute to the further vitalization of the Board of Directors by asking questions as necessary from a standpoint different from that of a businessman, and by providing advice and recommendations to ensure the adequacy and appropriateness of decision-making by the Board of Directors. In addition, he is appointed as an Outside Director so that he can contribute to the further vitalization of the Board of Directors by providing advice and recommendations to ensure the adequacy and appropriateness of the decision-making process of the Board of Directors.

Yoshiko Umezawa

Outside Director (Part-time)

Apr. 1991	Full time Lecturer at Department of International Liberal Arts, Shonan Kokusai Women’s College
Apr. 2007	Associate Professor at School of Management and Information Sciences, Tama University
Apr. 2008	Part-time Lecturer at Japanese Red Cross College of Nursing
Apr. 2014	Professor at School of Management and Information Sciences, Tama University (current position)
June 2024	Director of the Company (current position)

[Reasons for nomination as candidate for Outside Director and outline of expected role]

Yoshiko Umezawa has abundant experience and broad insight cultivated as an academic expert. The Company expects her to use such experience and insight to play a role in providing advice and recommendations to secure the diversity, suitability and appropriateness of decision making of the Board of Directors, as well as on sustainability with a neutral and objective stance from a researcher’s perspective that differs from that of a businessperson.
Although she has no direct experience of corporate management, the Company newly nominates her as a candidate for outside Director, as it expects her to use her abundant experience and broad insight for the management of the Company from an academic expert’s perspective different to that of a businessperson, and further invigorate the Board of Directors.

Audit & Supervisory Board Member

Toshie Yajima

Full-time Audit & Supervisory Board Member

Apr. 1978	Joined the Company
Dec. 2002	Operating Officer, Deputy General Manager of Finance Department
Jan. 2003	Operating Officer, General Manager of Finance Department
June 2006	Director, Operating Officer, General Manager of Finance Department
June 2012	Director, Senior Executive Officer, General Manager of Finance Department and General Manager of Management Planning Department
June 2014	General Manager of Accounting Department and General Manager of Management Planning Department
July 2014	General Manager of Sales Strategy Department, Sales Division, Business Headquarters
June 2015	Operating Officer, General Manager of Sales Strategy Department, Sales Division
June 2016	Director, in charge of Marketing Department and Sales Planning Department, Chairperson of Operating Committee, Chairman of Product Evaluation Committee
Nov. 2016	Director, in charge of Sales Strategy Department, Chairperson of Operating Committee, Chairman of Product Evaluation Committee
June 2018	Director, in charge of Sales Division
June 2020	Managing Director, in charge of Sales Headquarters
June 2023	Full-time Audit & Supervisory Board Member (current position)

Mamoru Odanaka

Full-time Audit & Supervisory Board Member

Apr. 1971	Joined the Company
Apr. 2006	Deputy General Manager of General Affairs Department
July 2008	Operating Officer and General Manager of General Affairs Department
Apr. 2011	Seconded to New-Era Co., Ltd.
June 2011	Director and General Manager of Administration Department of same company
July 2018	Temporarily assigned to the General Affairs Department, General Administration Division of the Company
June 2019	Full-time Audit & Supervisory Board Member (current position)

Hirotoshi Mizusawa

Outside Audit & Supervisory Board Member (Part-time)

Apr. 1977	Joined Hachijuni Bank, Ltd.
June 1998	Kazama Branch Manager of the same bank
June 2000	Deputy General Manager of Credit Department of the same bank
Feb. 2002	Matsuo-cho Branch Manager of the same bank
Aug. 2004	Ueda Higashi Branch Manager of the same bank
June 2005	Komoro Branch Manager
June 2007	Executive Officer and General Manager of Audit Department of the same bank
June 2009	Executive Officer and Area Manager of Ina Area Sales Branch of the same bank
June 2010	Managing Director of the same bank
June 2013	Representative Director and President of HACHIJUNI LEASE CO., LTD. Representative Director and President of HACHIJUNI AUTO LEASE CO., LTD. Audit & Supervisory Board Member of Nagano Broadcasting Systems, Inc.
June 2017	Secretary General of Lease User's Association, Sales Department, Dentsu Sales Division, Inc. (current position)
June 2018	Outside Audit & Supervisory Board Member of the Company (current position)

Tadashi Kanki

Outside Audit & Supervisory Board Member (Part-time)

Apr.1981	Joined The Dai-Ichi Kangyo Bank, Limited (currently Mizuho Bank, Ltd.)
Apr. 2005	General Manager, Osaka Sales Department 3, Mizuho Corporate Bank, Ltd. (currently Mizuho Bank, Ltd.)
Apr. 2008	Operating Officer and General Manager of Sales Department 8 of the same bank
Apr. 2011	Executive Operating Officer and Officer in charge of Sales of the same bank
Apr. 2012	Executive Operating Officer, Deputy Head of Sales Branch, Mizuho Bank, Ltd.
Apr. 2013	Executive Operating Officer, Head of Planning Group, Mizuho Financial Group, Inc.
Apr. 2013	Executive Operating Officer, Head of Planning Group, Mizuho Bank, Ltd.
Apr. 2013	Executive Operating Officer, Head of Planning Group, Mizuho Corporate Bank, Ltd.
Apr. 2013	Executive Operating Officer, Officer in charge of Planning, Finance & Accounting Group, Mizuho Trust & Banking Co., Ltd.
Apr. 2013	Executive Operating Officer, Officer in charge of Planning Group, Mizuho Securities Co., Ltd.
June 2013	Managing Director, Head of Planning Group, Mizuho Financial Group, Inc.
Apr. 2014	Senior Executive Managing Director, Head of Internal Audit Division, Mizuho Financial Group, Inc.
June 2014	Senior Executive Managing Director, Head of Internal Audit Division, Mizuho Financial Group, Inc.
Apr. 2016	Vice President and Representative Director, Mizuho Research Institute, Inc.
May 2017	Adviser, Mizuho Research Institute, Inc.
June 2017	Full-time Audit & Supervisory Board Member, NIPPON EXPRESS CO., LTD.
June 2021	Full-time Audit & Supervisory Board Member of Nippon Suisan Kaisha, Ltd. (currently Nissui Corporation)
June 2021	Outside Audit & Supervisory Board Member of the Company

Skills Matrix

These are the knowledge, expertise, experience, and abilities specifically expected of each director and audit & supervisory board member, and do not represent all of the knowledge possessed by the candidates.