Notice Concerning Change of Representative Directors, Executives and Managing Officers

News Release Organization

[Translation]

Toyota Industries Corporation announced personnel change regarding its representative directors, executives and managing officers, which was approved at the board of directors meeting on April 27, 2018.

It will take effect after the 140th Ordinary General Meeting of Shareholders and the Board of Directors meeting held on June 12, 2018.

1. Change of Representative Directors

1) New Representative Director

NameNew titleCurrent title
Takuo Sasaki

Executive Vice President,
Member of the Board and Representative Director

Director,
Member of the Board

Career Summary of the new Representative Director
Name Takuo Sasaki
Date of birth December 3, 1956
Career summary April 1980 Joined Toyota Motor Co., Ltd
April 2009 Managing Officer of Toyota Motor Corporation
June 2011 Advisor of the same
April 2013 Managing Officer of the same
April 2015 Advisor of Toyota Industries Corporation
June 2015 Senior Managing Director of the same
June 2016 Senior Managing Officer, Member of the Board
(to the present)
Shareholding 7,100

2) Retiring Representative Directors

NameCurrent titleNotes
Shinya Furukawa Executive Vice President,
Member of the Board and Representative Director
Appointed to be a
Full-Time Audit and Supervisory Board Member
Masaharu Suzuki Executive Vice President,
Member of the Board and Representative Director

2. Change of Directors

1) New Directors

NameNew titleCurrent title
Yojiro Mizuno Director,
Member of the Board
Managing Officer
Yuji Ishizaki Director,
Member of the Board
Managing Officer

2) Retiring Director

NameCurrent titleNotes
Kan Otsuka Director,
Member of the Board
Appointed to be a
Senior Technical Executive

3. Change of Audit and Supervisory Board Members

1) New Full-Time Audit and Supervisory Board Member

NameNew titleCurrent title
Shinya Furukawa

Full-Time Audit and
Supervisory Board Member

Executive Vice President,
Member of the Board and Representative Director

2) Retiring Full-Time Audit and Supervisory Board Member

NameCurrent titleNotes
Kohei Nozaki Full-Time Audit and Supervisory Board Member

3) Retiring Outside Audit and Supervisory Board Member

NameCurrent titleNotes
Hans-Juergen Marx Outside, Independent Audit and Supervisory Board Member

4) Substitute Audit and Supervisory Board Member

Name

Current positionNotes
Jun Takeuchi Attorney

4. Change of Managing Officers

1) New Managing Officers

NameNew titleCurrent title
Kenichi Onishi Managing Officer General Manager
Engineering Dept.,
Electronics Division
Hiroshi Fukagawa Managing Officer Assistant General Manager
Business Research & Development Office,
Corporate Planning Dept.,
Corporate Headquarters
Norio Otake Managing Officer General Manager
Production Engineering Dept.,
Engine Division
Hiroya Akatsuka Managing Officer General Manager
Engineering Dept. No.1,
R&D Headquarters
Yoichiro Yamazaki Managing Officer General Manager
Overseas Sales & Marketing Dept.,
TOYOTA Material Handling Company

2) Retiring Managing Officers

NameCurrent positionNotes
Kiyotsugu Kurimoto Managing Officer Appointed to be an
Executive Vice President
of Izumi Machine Manufacturing Co., Ltd.

3) Managing Officer with Title Change

NameNew titleCurrent title
Yojiro Mizuno Senior Managing Officer*1 Managing Officer
Masahiro Kawaguchi Senior Managing Officer Managing Officer
Yuji Ishizaki Senior Managing Officer*1 Managing Officer
*1 Director, Member of the Board


5. Change of Senior Technical Executive

1) New Senior Technical Executive

NameNew titleCurrent title
Kan Otsuka Senior Technical Executive Senior Managing Officer*2
*2 Director, Member of the Board

(For your reference) New Management Structure

As a result of the foregoing changes, the Company’s new management structure as of June 12, 2018 will be as follows.

1) Board of Directors < *3 Representative Directors *4 promoted *5 appointed >

NameTitle
*3 Tetsuro Toyoda Chairman of the Board
*3 Akira Onishi President, Member of the Board
*3 Kazue Sasaki Executive Vice President, Member of the Board
*3*4 Takuo Sasaki Executive Vice President, Member of the Board
Taku Yamamoto Director, Member of the Board
*5 Yojiro Mizuno Director, Member of the Board
*5 Yuji Ishizaki Director, Member of the Board
Shuzo Sumi Outside, Independent Director, Member of the Board
Kenichiro Yamanishi Outside, Independent Director, Member of the Board
Mitsuhisa Kato Outside Director, Member of the Board

2) Audit and Supervisory Board Members < *6 appointed >

NameTitle
*6 Shinya Furukawa Full-Time Audit and Supervisory Board Member
Toshifumi Ogawa Full-Time Audit and Supervisory Board Member
*7 Takahiko Ijichi Outside, Independent Audit and Supervisory Board Member
Akihisa Mizuno Outside, Independent Audit and Supervisory Board Member
Jun Takeuchi Substitute Audit and Supervisory Board Member
*7 Be registered with the Tokyo Stock Exchange as Independent Member on June 14, 2018

3) Managing Officers < *8 promoted *9 appointed >

NameTitle
Toshifumi Onishi Senior Managing Officer
Taku Yamamoto Senior Managing Officer, Member of the Board
Keiichi Fukunaga Senior Managing Officer
Junichi Harada Senior Managing Officer
*8 Yojiro Mizuno Senior Managing Officer, Member of the Board
*8 Masahiro Kawaguchi Senior Managing Officer
*8 Yuji Ishizaki Senior Managing Officer, Member of the Board
Yukihisa Tsuchimoto Managing Officer
Takashi Ito Managing Officer
Toshiya Yamagishi Managing Officer
Mikihiko Okamoto Managing Officer
Keizo Hara Managing Officer
Masafumi Kunito Managing Officer
Toshihiko Shimizu Managing Officer
Koichi Ito Managing Officer
Yasushi Kawai Managing Officer
Hiroaki Kayukawa Managing Officer
Toru Inagawa Managing Officer
Hiroshi Matsumoto Managing Officer
Kota Otoshi Managing Officer
Norio Wakabayashi Managing Officer
Kazunari Masuoka Managing Officer
Kazunari Kumakura Managing Officer
Hiroaki Matsuda Managing Officer
Hisashi Ichijo Managing Officer
Nobutomo Yasui Managing Officer
Shunji Sugimoto Managing Officer
Hisanori Miyajima Managing Officer
*9 Kenichi Onishi Managing Officer
*9 Hiroshi Fukagawa Managing Officer
*9 Norio Otake Managing Officer
*9 Hiroya Akatsuka Managing Officer
*9 Yoichiro Yamazaki Managing Officer

4) Senior Technical Executive < *10 appointed >

NameTitle
*10 Kan Otsuka Senior Technical Executive
Masanori Shirahama Senior Technical Executive