RNS Number : 7425M
Mitsubishi Electric Corporation
25 May 2022
 

 

 

 

FOR IMMEDIATE RELEASE

No. 3520

 

 

 

Media Inquiries

 

Takeyoshi Komatsu


Public Relations Division


Mitsubishi Electric Corporation


Tel: +81-3-3218-2346


prd.gnews@nk.MitsubishiElectric.co.jp


www.MitsubishiElectric.com/news/

 

Mitsubishi Electric Announces Director Candidates

 

TOKYO, May 25, 2022 - Mitsubishi Electric Corporation (TOKYO Prime Market: 6503) announces that it has received the interim report on the results of the company-wide investigation and assessment on improper quality control practices by an Investigative Committee of external experts, and that in response, a meeting of the Nomination Committee was held on May 25, 2022 and the candidates for Directors were determined as listed below to be proposed at the Ordinary General Meeting of Shareholders to be held on June 29, 2022.

 

At the meeting of the Nomination Committee held on March 31, 2022, candidates for Directors who are Directors and Executive Officers of the Company (including those who retired on March 31, 2022) were determined as tentative candidates. Based on the report by the Investigative Committee received today, the Company has once again confirmed these candidates for Directors.

 

1. Director Candidates (current positions)

Mitoji Yabunaka [Director]

Hiroshi Obayashi [Director (Attorney-at-law, Obayashi Law Office)]

Kazunori Watanabe [Director (Certified Public Account, Tax Accountant, Kazunori Watanabe Certified    Public Accountant & Tax Accountant Office)]

Hiroko Koide [Director]

Takashi Oyamada [Director (Senior Advisor, MUFG Bank, Ltd.)]

Tatsuro Kosaka [Senior Advisor, Chugai Pharmaceutical Co., Ltd.] -new candidate-

Hiroyuki Yanagi [Adviser, Yamaha Motor Co., Ltd.] -new candidate-

Kei Uruma [Director, Representative Executive Officer, President & CEO]

Tadashi Kawagoishi [Director]

Kuniaki Masuda [Director, Executive Officer CFO (Accounting and Finance), CHRO (General Affairs and
Human Resources)]

Jun Nagasawa [Senior Advisor] -new candidate-

Kunihiko Kaga [Executive Officer (Auditing), CSO (Corporate Strategic Planning and Operations of
Associated Companies), CTO (Technology Strategies)] -new candidate-

Notes:

1) Titles in [ ] are current positions and assignments at Mitsubishi Electric and important concurrent positions at other companies as of May 25, 2022.

2) Messrs. Yabunaka, Obayashi, Watanabe, Oyamada, Kosaka and Yanagi and Ms. Koide are Outside Director candidates.

2. Retiring Directors

Masahiko Sagawa (Director)

Takashi Sakamoto (Director)

 

3. New Candidates

Tatsuro Kosaka

(Date of Birth: January 18, 1953) 69 years old

March 1976

Graduated from Department of Agricultural Chemistry, School of Agriculture, Hokkaido University

April 1976

Joined Chugai Pharmaceutical Co., Ltd.

March 2012

Representative Director, President & COO of Chugai Pharmaceutical Co., Ltd.

March 2018

Representative Director, President & CEO of Chugai Pharmaceutical Co., Ltd.

March 2020

Representative Director, Chairman & CEO of Chugai Pharmaceutical Co., Ltd.

March 2021

Representative Director, Chairman of Chugai Pharmaceutical Co., Ltd.

March 2022

Senior Advisor of Chugai Pharmaceutical Co., Ltd. (current position)



Hiroyuki Yanagi

(Date of Birth: November 20, 1954) 67 years old

March 1978

Graduated from Faculty of Engineering, The University of Tokyo

April 1978

Joined Yamaha Motor Co., Ltd.

March 2010

President, Chief Executive Officer and Representative Director of Yamaha Motor Co., Ltd.

January 2012

President, Chief Executive Officer, Representative Director, and Chief General Manager of Motorcycle Business Operations of Yamaha Motor Co., Ltd.

January 2018

Chairman and Representative Director of Yamaha Motor Co., Ltd.

March 2021

Chairman and Director of Yamaha Motor Co., Ltd.

January 2022

Director of Yamaha Motor Co., Ltd.

March 2022

Adviser of Yamaha Motor Co., Ltd. (current position)



Jun Nagasawa

(Date of Birth: March 16, 1960) 62 years old

March 1983

Graduated from Faculty of Law, Keio University

April 1983

Joined the Company

April 2016

Senior General Manager, Kansai Branch Office

April 2018

Executive Officer (Advertising, Domestic Marketing)

April 2021

Senior Vice President (Auditing, Legal Affairs & Compliance and Corporate Communication (Sustainability, Public Relations and Advertising)), CCO

July 2021

Representative Executive Officer, Senior Vice President (Auditing, Legal Affairs & Compliance and Corporate Communication (Sustainability, Public Relations and Advertising)), CCO

April 2022

Senior Advisor (current position)





 

Kunihiko Kaga

(Date of Birth: September 22, 1964) 57 years old

March 1990

Completed Master's course in Physical Engineering, Graduate School of Engineering, Kyoto University

April 1990

Joined the Company

April 2017

Deputy Senior General Manager, Air-Conditioning & Refrigeration Systems Works

April 2018

Senior General Manager, Air-Conditioning & Refrigeration Systems Works

April 2020

Deputy Senior General Manager, Corporate Research and Development Group

April 2021

Executive Officer (Research and Development), CTO

July 2021

Executive Officer (Corporate Strategic Planning and Operations of Associated Companies), CSO

April 2022

Executive Officer (Auditing), CSO (Corporate Strategic Planning and Operations of Associated Companies), CTO (Technology Strategies) (current position)



 

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About Mitsubishi Electric Corporation

With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its "Changes for the Better." The company recorded a revenue of 4,476.7 billion yen (U.S.$ 36.7 billion*) in the fiscal year ended March 31, 2022. For more information, please visit www.MitsubishiElectric.com

*U.S. dollar amounts are translated from yen at the rate of \122=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022

 

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