Executive Personnel Actions (Scheduled for Late June 2006)
Kuraray Co., Ltd. has selected a list of candidates for the offices of director and corporate auditor, which will be presented to the annual general meeting of shareholders scheduled for late June 2006.
1. Changes in Representative Director
(Scheduled for late June 2006, the planned time of the annual general meeting of shareholders)
(1) New Representative Director
| Position | Name | New Position |
|---|---|---|
| Managing Director and Senior Executive Officer | Junsuke Tanaka | Representative Senior Managing Director, Senior Executive Officer |
(2) Retiring Representative Director
| Position | Name |
|---|---|
| Representative Director and Chairman | Hiroto Matsuo |
2. Changes in Directors and Corporate Auditors
(Scheduled for late June 2006, the planned time of the annual general meeting of shareholders)
(1) Changes in Responsibilities of Directors
With the exception of new Representative Director Junsuke Tanaka, there will be no changes in directors.
(2) Candidates for New Directors
| Position | Name | New Position |
|---|---|---|
| Senior Executive Officer | Nobuo Iwawaki | Managing Director |
| Senior Executive Officer | Yoichi Ninagawa | Managing Director and Senior Executive Officer |
| Senior Executive Officer | Fumio Ito | Managing Director |
| Senior Executive Officer | Noriaki Yoshimura | Director |
| Senior Executive Officer | Shiro Kataoka | Director and Senior Executive Officer |
| Executive Officer | Hiroaki Yoshino | Director and Senior Executive Officer |
(3) Retiring Directors (Planned)
| Position | Name |
|---|---|
| Senior Managing Director | Tsutomu Yabuta |
| Managing Director | Koichi Kushida |
| Managing Director | Katsumi Ohashi |
| Director | Nobusuke Takeuchi |
(4) New Corporate Auditor Candidates
| Position | Name | New Position |
|---|---|---|
| Kuraray Managing Director | Tsutomu Yabuta | Corporate Auditor (Statutory) |
| Study Advisor on Financial and Economic Matters, Prefectural Committee for Financial Service Information of Tokyo | Hiroo Onodera | Corporate Auditor |
| Advisor, Maruwa Securities Co., Ltd. | Hirotaka Ikuno | Corporate Auditor |
(5) Retiring Corporate Auditors (Planned)
| Position | Name |
|---|---|
| Corporate Auditor (Statutory) | Tatsuya Nakano |
| Corporate Auditor | Kazuhide Kashiwabara |
| Corporate Auditor | Ichiro Kobayashi |
3. Changes in Executive Officers
(Scheduled for late June 2006, the planned time of the annual general meeting of shareholders)
(1) Changes in Responsibilities of Executive Officers
(Excluding candidates for new directors)
| Position | Name | New Position |
|---|---|---|
| Executive Officer | Kenzo Sawada | Senior Executive Officer |
| Executive Officer | Hideo Tomita | Senior Executive Officer |
(2) New Executive Officers
| Current Position | Name | New Position |
|---|---|---|
| Associate Director | Katsuya Hashimoto | Executive Officer |
| Associate Director | Mitsuo Matsumoto | Executive Officer |
| Associate Director | Kohei Maeda | Executive Officer |
| Associate Director | Tokio Aikura | Executive Officer |
| Associate Director | Mitsuaki Manabe | Executive Officer |
| Yuichi Kawarasaki | Executive Officer | |
| Keiji Murakami | Executive Officer | |
| Gerd Lepper | Executive Officer | |
| Jean-Marie Baetens | Executive Officer | |
| Nobuya Tomita | Executive Officer |
(3) Retiring Executive Officers
(Excluding candidates for new directors)
| Current Position | Name |
|---|---|
| Managing Director and Senior Executive Officer | Seiji Wajiki |
| Senior Executive Officer | Toshihiro Tomii |
| Executive Officer | Kanji Shimoda |
| Executive Officer | Noboru Yanagida |
4. Complete list of Directors, Corporate Auditors, and Executive Officers
(As of late June 2006. '◎' indicates a new appointment, '*' indicates a change in position, and others either continued in office or were reappointed.)
| Representative Director and President | Yasuaki Wakui | |
| * | Representative Senior Managing Director and Senior Executive Officer | Junsuke Tanaka |
| Managing Director | Seiji Wajiki | |
| Managing Director and Senior Executive Officer | Osamu Asaba | |
| ◎ | Managing Director | Nobuo Iwawaki |
| ◎ | Managing Director and Senior Executive Officer | Yoichi Ninagawa |
| ◎ | Managing Director | Fumio Ito |
| ◎ | Director | Noriaki Yoshimura |
| ◎ | Director and Senior Executive Officer | Shiro Kataoka |
| ◎ | Director and Senior Executive Officer | Hiroaki Yoshino |
| Corporate Auditor (Statutory) | Akira Matsuzawa | |
| ◎ | Corporate Auditor (Statutory) | Tsutomu Yabuta |
| Corporate Auditor (Non-statutory) | Toshimitsu Kitagawa | |
| ◎ | Corporate Auditor (Non-statutory) | Hiro Onodera |
| ◎ | Corporate Auditor (Non-statutory) | Hirotaka Ikuno |
| * | Senior Executive Officer | Kenzo Sawada |
| * | Senior Executive Officer | Hideo Tomita |
| Executive Officer | Toshihide Sakai | |
| ◎ | Executive Officer | Susumu Gotanda |
| ◎ | Executive Officer | Katsuya Hashimoto |
| ◎ | Executive Officer | Mitsuo Matsumoto |
| ◎ | Executive Officer | Kohei Maeda |
| ◎ | Executive Officer | Tokio Aikura |
| ◎ | Executive Officer | Mitsuaki Manabe |
| ◎ | Executive Officer | Yuichi Kawarasaki |
| ◎ | Executive Officer | Keiji Murakami |
| ◎ | Executive Officer | Gerd Lepper |
| ◎ | Executive Officer | Jean-Marie Baetens |
| ◎ | Executive Officer | Nobuya Tomita |
5. Brief History of New Representative Director
Name
：Junsuke Tanaka
Date of birth
：September 17, 1944
Education
：March, 1969 Osaka University (M.S. in School of Engineering Sciences)
Brief History
：April 1969 Joined Kuraray Co., Ltd.
June 1990 Manager, PE Project Group, Chemicals Division I
June 1995 Manager, Business Administrative Planning Office
June 1996 General Manager, Office of Administration, Chemicals Operation Administration I
June 1999 General Manager, EVAL Division
June 2000 Director
April 2003 Responsible for Poval Company and Eval Company
April 2004 Responsible for Poval Company, Eval Company and Methacrylate Company
April 2005 Responsible for Specialty Resin and Film Sector (Current position)
June 2005 Managing Director, Senior Executive Officer (Current position)
6. Brief History of New Director Candidates
Name
：Nobuo Iwawaki
Date of birth
：March 18, 1948
Education
：March, 1970 Osaka City University (Faculty of Economics)
Brief History
：April 1971 Joined Kuraray Co., Ltd.
June 1992 Manager, General Affairs Department
June 2000 Assistant Manager, Office of Administration and Planning
April 2002 Assistant Manager, Corporate Management Division
April 2003 General Manager, Corporate Management Division (Current position)
June 2003 Senior Executive Officer (Current position)
Name
：Yoichi Ninagawa
Date of birth
：July 20, 1946
Education
：June, 1971 Tokyo University (Faculty of Science)
Brief History
：April 1971 Joined Kuraray Co., Ltd.
June 1997 Manager, Development Department, Chemicals Business Development Team
June 2000 Deputy General Manager, Fine Chemicals Division
April 2001 General Manager, Fine Chemicals Division
April 2002 President, Chemicals Company
June 2003 Executive Officer
June 2004 Senior Executive Officer (Current position)
April 2005 President, Chemicals Company, Chemicals and Medical Products Sector (Current position)
Name
：Fumio Ito
Date of birth
：August 2, 1947
Education
：June, 1971 Tokyo University (Faculty of Economics)
Brief History
：April 1971 Joined Kuraray Co., Ltd.
June 1994 Manager, Labour Affairs Department
June 1999 General Manager, Personnel Department
June 2003 Executive Officer
April 2004 General Manager, Purchasing and Logistics Division (Current position)
June 2004 Senior Executive Officer (Current position)
Name
：Noriaki Yoshimura
Date of birth
：July 12, 1944
Education
：March, 1973 Osaka University (PhD, School of Engineering Sciences)
Brief History
：April 1973 Joined Kuraray Co., Ltd.
June 1991 General Manager Research Laboratory I, Central Research Laboratories
June 1997 General Manager, Research and Development Division, Kurashiki Research Laboratories
June 2000 General Manager, Research and Development Division
April 2002 General Manager, Research and New Business Development Division
June 2002 General Manager, Purchasing and Logistics Division
June 2003 Senior Executive Officer (Current position)
April 2005 General Manager, New Business Development Division (Current position)
Name
：Shiro Kataoka
Date of birth
：October 16, 1948
Education
：March, 1971 Osaka University (School of Law)
Brief History
：April 1971 Joined Kuraray Co., Ltd.
June 1994 Manager, Office of Administration, Chemicals Operation Administration I
June 1995 Manager, Corporate Administration Department, Office of Corporate Administration and Planning
June 1998 General Manager, Office of Administration, Fibers and Textiles Operations Administration
June 1999 Manager, Kuraray Trading Co., Ltd.
June 2002 General Manager, Purchasing and Logistics Division
June 2003 Executive Officer
April 2004 President, Poval Company
June 2004 Senior Executive Officer (Current position)
April 2005 President, Specialty Resin and Film Sector, Poval Resin Company (Current position)
Name
：Hiroaki Yoshino
Date of birth
：September 9, 1946
Education
：March, 1970 Waseda University (School of Law)
Brief History
：April 1970 Joined Kuraray Co., Ltd.
April 1994 Manager, Marketing and Sales Department, Division I, Kuraray Chemical Co., Ltd.
June 1996 Manager, Activated Carbon Division, Kuraray Chemical Co., Ltd
June 1998 Manager, Public Relations and Advertising Department, Tokyo Head Office
April 2001 General Manager, Office of Public Relations
April 2003 President, Optical Products Company
June 2003 Executive Officer (Current position)
April 2004 President, Kuraray America, Inc. (Current position)
7. Brief History of New Corporate Auditor Candidates
Name
：Tsutomu Yabuta
Date of birth
：August 23, 1941
Education
：March, 1965 Waseda University (School of Political Science and Economics)
Brief History
：April 1965 Joined Kuraray Co., Ltd.
June 1997 Director, Kuraray Co., Ltd.
June 2000 Managing Director, Kuraray Co., Ltd. (Current position)
Name
：Hiroo Onodera
Date of birth
：July 12, 1940
Education
：March, 1963 Tohoku University (Faculty of Economics)
Brief History
：April 1963 Entered Bank of Japan
November 1990 Branch Manager, Sendai Branch, Bank of Japan
June 1992 Retired from Bank of Japan
June 1992 Senior Managing Director, Wakamoto Pharmaceuticals Co., Ltd.
June 2000 Representative Director and President, Shinei Co., Ltd.
October 2001 Study Advisory on Financial and Economic Matters, Prefectural Committee for Financial Services Information of Tokyo (Current position)
June 2004 Advisor (Non-statutory), Shinei Co., Ltd.
February 2005 Retired position as Advisor (Non-statutory), Shinei Co., Ltd.
Name
：Hirotaka Ikuno
Date of birth
：June 20, 1941
Education
：March, 1964 Kyoto University (Faculty of Law)
Brief History
：April 1964 Entered The Industrial Bank of Japan ,Limited
June 1990 Manager, The Industrial Bank of Japan ,Limited
June 1992 Director, The Industrial Bank of Japan ,Limited
December 1992 Manager, Securities Department, The Industrial Bank of Japan ,Limited
June 1994 Retired position of Director, The Industrial Bank of Japan,Limited
June 1994 Director and Vice President, Maruwa Securities Co., Ltd.
June 1995 Representative Director and President, Maruwa Securities Co., Ltd.
June 2003 Chairman, Maruwa Securities Co., Ltd.
June 2004 Advisor, Maruwa Securities Co., Ltd. (Current position)
Reference: Chart of Executive Personnel Changes (with major appointments included)
| Name | Position and major appointments | Position and appointments as of April 1, 2006 | Planned position and appointments as of late June | Change in position as of late June |
|---|---|---|---|---|
| Hiroto Matsuo | Representative Director and Chairman | See left | Advisor | Planned retirement of Representative Director post |
| Yasuaki Wakui | Representative Director and President | See left | See left | Planned reappointment |
| Koichi Kushida | Senior Managing Director
| See left Assistant to the President | Counselor | Planned retirement of Director post |
| Tsutomu Yabuta | Managing Director
| See left Assistant to the President | Corporate Auditor (Statutory) | Planned retirement of Director postPlanned appointment to Corporate Auditor (Statutory) post |
| Katsumi Ohashi | Managing Director
| See left Assistant to the President | Counselor (Non-Statutory) | Planned retirement of Director post |
| Junsuke Tanaka | Managing Director and Senior Executive Officer Responsible for Specialty Resin and Film Sector | See left President of Specialty Resin and Film Company | Representative Senior Managing Director and Senior Executive Officer See left | Planned appointment to Representative Director postPlanned promotion to Senior Managing Director post |
| Seiji Wajiki | Managing Director and Senior Executive Officer Responsible for Chemicals and Medical Products Sector | See left
| Managing Director See left | Planned retirement of Executive Officer post |
| Name | Position and major appointments | Position and appointments as of April 1, 2006 | Planned position and appointments as of late June | Change in position as of late June |
|---|---|---|---|---|
| Osamu Asaba | Managing Director and Senior Executive Officer Responsible for Fibers and Textiles Sector | See left
| See left | Planned reappointment |
| Nobusuke Takeuchi | Director
| See left Kuraray Techno Co., Ltd. Assistant to the President | Vice President of Kuraray Techno Co., Ltd. | Planned retirement of Director post |
| Akira Matsuzawa | Corporate Auditor (Statutory) | See left | See left | Planned to continue post |
| Tatsuya Nakano | Corporate Auditor (Statutory) | See left | Planned retirement of Corporate Auditor (Statutory) post | |
| Kazuhide Kashiwabara | Corporate Auditor | See left | Planned retirement of Corporate Auditor post | |
| Ichiro Kobayashi | Corporate Auditor | See left | Planned retirement of Corporate Auditor post | |
| Toshimitsu Kitagawa | Corporate Auditor | See left | See left | Planned to continue post |
| Hiroo Onodera | Corporate Auditor | Planned appointment to Corporate Auditor post | ||
| Hirotaka Ikuno | Corporate Auditor | Planned appointment to Corporate Auditor post | ||
| Noriaki Yoshimura | Senior Executive Officer General Manager, New Business Development Division | See left Responsible for New Business Development Division | Director See left | Planned appointment to Director post |
| Nobuo Iwawaki | Senior Executive Officer General Manager, Corporate Management Division | See left
| Managing Director See left | Planned appointment to Director post |
| Toshihiro Tomii | Senior Executive Officer Specialty Resin and Film Sector President, Methacrylate Company | See left Assistant to the President, Chemicals Company | Planned retirement of Executive Officer post |
| Name | Position and major appointments | Position and appointments as of April 1, 2006 | Planned position and appointments as of late June | Change in position as of late June |
|---|---|---|---|---|
| Yoichi Ninagawa | Senior Executive Officer Chemicals and Medical Products Sector President, Chemicals Company | See left President, Chemicals Company | Managing Director and Senior Executive Officer See left | Planned appointment to Director post |
| Fumio Ito | Senior Executive Officer General Manager, Purchasing and Logistics Division | See left
| Managing Director See left | Planned appointment to Director post |
| Shiro Kataoka | Senior Executive Officer Specialty Resin and Film Sector President, Poval Resin Company | See left Specialty Resin and Film Company General Manager, Poval Resin Division | Director and Senior Executive Officer See left | Planned appointment to Director post |
| Kanji Shimoda | Executive Officer General Manager, GENESTAR Division | See left Assistant to the President Techno Soft Co., Ltd. | President, Techno Soft Co., Ltd. | Planned retirement of Executive Officer post |
| Hiroaki Yoshino | Executive Officer President, Kuraray America, Inc. | See left General Manager, Office of CSR and Communications | Director and Senior Executive Officer See left | Planned appointment to Director postPlanned assumption of Senior Executive Officer post |
| Toshihide Sakai | Executive Officer General Manager, Okayama Plant | See left See left | See left See left | Planned reappointment |
| Susumu Gotanda | Executive Officer General Manager, Niigata Plant | See left | See left See left | Planned reappointment |
| Noboru Yanagida | Executive Officer Assistant Responsible for Specialty Resin and Film Sector | See left Assistant to the President, Chemicals Company | President, SEPTON Company of America | Planned retirement of Executive Officer post |
| Kenzo Sawada | Executive Officer Vice President, Kuraray Specialties, Europe GmbH | See left General Manager, Office of Global Business Development | Senior Executive Officer See left | Planned assumption of Senior Executive Officer post |
| Hideo Tomita | Executive Officer General Manager, General Affairs and H.R. Division | See left See left | Senior Executive Officer See left | Planned assumption of Senior Executive Officer post |
| Name | Position and major appointments | Position and appointments as of April 1, 2006 | Planned position and appointments as of late June | Change in position as of late June |
|---|---|---|---|---|
| Katsuya Hashimoto | Associate Director Fibers and Textiles Sector President, Clarino Company | See left Fibers and Textiles Company General Manager, Clarino Division | Executive Officer See left | Planned appointment to Executive Officer post |
| Mitsuo Matsumoto | Associate Director General Manager, Purchasing and Logistics Division | See left General Manager, New Business Development Division | Executive Officer See left | Planned appointment to Executive Officer post |
| Kohei Maeda | Associate Director General Manager, Office of Public Relations | See left General Manager, Office of Internal Auditors | Executive Officer See left | Planned appointment to Executive Officer post |
| Tokio Aikura | Associate Director Specialty Resin and Film Sector Vice President, Methacrylate Company | See left Chemicals Company General Manager, Methacrylate Division | Executive Officer See left | Planned appointment to Executive Officer post |
| Mitsuaki Manabe | Associate Director General Manager, Accounting and Finance Department | See left See left | Executive Officer See left | Planned appointment to Executive Officer post |
| Yuichi Kawarasaki | Deputy General Manager, Corporate Management Division | See left General Manager, Corporate Management Division | Executive Officer See left | Planned appointment to Executive Officer post |
| Keiji Murakami | Specialty Resin and Film Sector President, Eval Company | See left | Executive Officer See left | Planned appointment to Executive Officer post |
| Gerd Lepper | Executive Officer Assistant Responsible for Specialty Resin and Film Sector | See left | Executive Officer See left | Planned appointment to Executive Officer post |
| Jean-Marie Baetens | President, Eval Europe N. V. | See left | Executive Officer See left | Planned appointment to Executive Officer post |
| Nobuya Tomita | President, Eval Company of America | See left | Executive Officer See left | Planned appointment to Executive Officer post |