Notice Concerning Changes in Representative Directors and other Executive Managements

Organization

[Translation]

The Board of Directors of Toyota Industries Corporation (President: Akira Onishi; "Toyota Industries") resolved at a meeting held on April 28, 2021 to make changes in Representative Directors and other Executive Managements. The changes will be effective as of June 10, 2021.
Meanwhile, Representative Directors, Directors, and Audit and Supervisory Board Members will be officially appointed following resolutions at the 143rd Ordinary General Meeting of Shareholders and the Board of Directors meeting held on June 10, 2021.

Ⅰ. Changes in Executive Management

1. Change of Representative Directors

1) New Representative Director

NameNew titleCurrent title
Yojiro Mizuno

Executive Vice President,
Member of the Board and Representative Director

Director,
Member of the Board

Career Summary of the new Representative Director
Name Yojiro Mizuno
Date of birth March 9, 1960
Career summary April 1983 Joined Toyoda Automatic Loom Works, Ltd.
June 2010 Managing Officer of Toyota Industries Corporation
June 2018 Senior Managing Officer, Member of the Board
June 2019 Senior Executive Officer, Member of the Board
(to the present)
Shareholding 12,900

2) Retiring Representative Director

NameCurrent title
Kazue Sasaki Executive Vice President,
Member of the Board and Representative Director

2. Change of Directors

1) New Outside Director

NameNew titleCurrent title
Masahiko Maeda Outside Director,
Member of the Board
Operating Officer of
Toyota Motor Corporation

2) Retiring Outside Director

NameCurrent title
Mitsuhisa Kato Outside Director,
Member of the Board

3. Change of Audit and Supervisory Board Members

1) New Full-Time Audit and Supervisory Board Member

NameNew titleCurrent title
Toru Inagawa

Full-Time Audit and
Supervisory Board Member

Executive Officer

2) Retiring Full-Time Audit and Supervisory Board Member

NameCurrent title
Shinya Furukawa Full-Time Audit and Supervisory Board Member

4. Change of Senior Executive Officers

1) New Senior Executive Officers

NameCurrent title
Hiroaki Kayukawa Executive Officer
Norio Wakabayashi Executive Officer
Hiroaki Matsuda Executive Officer
Hisashi Ichijo Executive Officer

Ⅱ. New Executive Management Structure

1. Board of Directors < *1 Representative Directors *2 promoted *3 newly appointed >

NameTitle
*1 Tetsuro Toyoda Chairman of the Board
*1 Akira Onishi President, Member of the Board
*1 Takuo Sasaki Executive Vice President, Member of the Board
*1*2 Yojiro Mizuno Executive Vice President, Member of the Board
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
*3 Masahiko Maeda Outside Director, Member of the Board

2. Audit and Supervisory Board Members < *4 newly appointed >

NameTitle
*4 Toru Inagawa Full-Time Audit and Supervisory Board Member
Toru Watanabe Full-Time Audit and Supervisory Board Member
Akihisa Mizuno Outside, Independent Audit and Supervisory Board Member
Masanao Tomozoe Outside, Independent Audit and Supervisory Board Member
Hitoshi Furusawa Substitute Audit and Supervisory Board Member

3. Senior Executive Officers < *5 newly appointed >

NameTitle
Yuji Ishizaki Senior Executive Officer, Member of the Board
Masahiro Kawaguchi Senior Executive Officer
Koichi Ito Senior Executive Officer
Hiroshi Matsumoto Senior Executive Officer
Kazunari Masuoka Senior Executive Officer
Masanori Shirahama Senior Executive Officer
Toshihiko Shimizu Senior Executive Officer
Yasushi Kawai Senior Executive Officer
Brett Wood Senior Executive Officer
*5 Hiroaki Kayukawa Senior Executive Officer
*5 Norio Wakabayashi Senior Executive Officer
*5 Hiroaki Matsuda Senior Executive Officer
*5 Hisashi Ichijo Senior Executive Officer

Ⅲ. Change of Executive Officers

1. New Executive Officers

NameCurrent title
Shigeru Sawaki General Manager
Logistics System Engineering Dept.,
Logistics Solution Division,
TOYOTA Material Handling Company
Tomoji Tarutani General Manager
Engineering Dept.,
Compressor Division

2. Retiring Executive Officer

NameNotes
Toru Inagawa Appointed to be a
Full-Time Audit and Supervisory Board Member