Notice Concerning Changes in Representative Directors and other Executive Managements

Organization

The Board of Directors of Toyota Industries Corporation (President: Akira Onishi; "Toyota Industries") resolved at a meeting held on April 28, 2022 to make changes in Representative Directors and other Executive Managements. The changes will be effective as of June 10, 2022.
Meanwhile, Representative Directors, Directors, and Audit and Supervisory Board Members will be officially appointed following resolutions at the 144th Ordinary General Meeting of Shareholders and the Board of Directors meeting held on June 10, 2022.

Ⅰ. Changes in Executive Management

1. Change of Representative Director

1) Retiring Representative Director

NameCurrent title
Takuo Sasaki

Executive Vice President,
Member of the Board and
Representative Director

2. Change of Directors

1) Retiring Director

NameCurrent title
Yuji Ishizaki Director,
Member of the Board

2) New Outside Director

NameNew titleCurrent title
Junichi Handa Outside,
Independent Director,
Member of the Board
CEO,Management
Wisdom Partners,Japan Inc.

3) Retiring Outside Director

NameCurrent title
Kenichiro Yamanishi Outside,
Independent Director,
Member of the Board

3. Change of Senior Executive Officers

1) New Senior Executive Officers

NameCurrent title
Ken Suito Executive Officer
Nobutomo Yasui Executive Officer
Shunji Sugimoto Executive Officer
Hisanori Miyajima Executive Officer
Sotaro Kumazawa Executive Officer

 2) Retiring Senior Executive Officers

Yuji Ishizaki Senior Executive Officer
Yasushi Kawai Senior Executive Officer
Hiroaki Kayukawa Senior Executive Officer

Ⅱ. New Executive Management Structure

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

NameTitle
*1 Tetsuro Toyoda Chairman of the Board
*1 Akira Onishi President, Member of the Board
*1 Yojiro Mizuno Executive Vice President, Member of the Board
Shuzo Sumi Outside, Independent Director, Member of the Board
*2 Junichi Handa Outside, Independent Director, Member of the Board
Masahiko Maeda Outside Director, Member of the Board

2. Audit and Supervisory Board Members

NameTitle
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 < *3 newly appointed >

NameTitle
Masahiro Kawaguchi Senior Executive Officer
Koichi Ito Senior Executive Officer
Hiroshi Matsumoto Senior Executive Officer
Kazunari Masuoka Senior Executive Officer
Toshihiko Shimizu Senior Executive Officer
Brett Wood Senior Executive Officer
Norio Wakabayashi Senior Executive Officer
Hiroaki Matsuda Senior Executive Officer
*3 Ken Suito Senior Executive Officer
Hisashi Ichijo Senior Executive Officer
*3 Nobutomo Yasui Senior Executive Officer
*3 Shunji Sugimoto Senior Executive Officer
*3 Hisanori Miyajima Senior Executive Officer
*3 Sotaro Kumazawa Senior Executive Officer

Ⅲ. Change of Executive Officers

1. New Executive Officers

NameCurrent title
Hiroyuki Asao General Manager
Production Control Dept.,
Vehicle Division
Taeko Kojima General Manager
Legal Dept.,
Corporate Headquarters
Hiroyuki Taniguchi Toyota Material Handling Europe AB
Toru Suzuki Vanderlande Industries Holding B.V.