Announcement Concerning Appointment of New Representative Director and Officers

At a meeting held April 9, 2015, the Ryohin Keikaku Co., Ltd. board of directors nominated new candidates for the Company's representative director and officers.

Details

The nominations will be submitted for approval to the Company's 36th annual general meeting of shareholders scheduled for May 20, 2015. The new appointments will be formalized after the general meeting of shareholders and subsequent meeting of the Company's board of directors.

1. New Candidates for Representative Director

New TitleNameCurrent Title
(Retiring from service)Tadamitsu MatsuiChairman and Representative Director, Executive Officer
Chairman and Representative Director, Executive OfficerMasaaki KanaiPresident and Representative Director, Executive Officer
President and Representative Director, Executive OfficerSatoru MatsuzakiSenior Managing Director, Executive Officer

2. Purpose

Ryohin Keikaku Co., Ltd. has established bylaws regarding compulsory retirement age for corporate officers. These bylaws allow the Company to continue to strengthen its management foundation while at the same time providing for appropriate organizational succession. Under this new management structure, the Company will further expand its business overseas, which the Company acknowledges is the engine for future growth. At the same time, the Company will build and implement a business support system that maximizes corporate value.

3. Schedule

New appointments to take effect on May 20, 2015.

4. New Officer Assignments

(1) Candidates for New Director Positions
New TitleNameCurrent Title
Director and Executive OfficerSatoshi OkazakiExecutive Officer, Apparel Division; Manager, Food Division and Café and Meal Division
Director and Executive OfficerYuki YamamotoExecutive Officer, Board Representative, MUJI Korea Co., Ltd.
Director and Executive OfficerSatoshi ShimizuGeneral Manager, Sales Division
(2) Candidates for New Corporate Auditor
New TitleNameCurrent Title
Corporate AuditorTakafumi MakitaManager, Human Resources Development Committee Office; Manager, Work Standardization Committee Office
(3) Retiring Directors
New TitleNameCurrent Title
(Retiring from Service)Tadamitsu MatsuiChairman and Representative Director, Executive Officer
(Retiring from Service)Takashi KatoManaging Director, Executive Officer
(4) Retiring Corporate Auditors
New TitleNameCurrent Title
(Retiring from Service)Michio ShibuyaExternal Corporate Auditor

Biography

Satoru Matsuzaki
Born March 10, 1954
Career
April 1978 Joined The Seiyu Stores, Ltd. (currently Seiyu GK)
May 2003 Named senior director and general manager for the Seiyu Finance Asia Division
July 2005 Joined Ryohin Keikaku, named General Manager, Overseas Operations Division, Asia
February 2008 Named executive officer, Overseas Operations Division, China
May 2011 Named director and executive officer, Overseas Operations Division
May 2012 Named managing director and executive officer, Overseas Operations Division
June 2013 Named senior managing director and executive officer, Overseas Operations Division (current position)
Satoshi Okazaki
Born August 3, 1969
Career
November 2009 Joined Ryohin Keikaku, Named Assistant General Manager, Apparel Division
September 2010 Named General Manager, Apparel Division
June 2013 Named executive director, Apparel Division; Manager, Food Division and Café and Meal Division (current position)
Yuki Yamamoto
Born January 17, 1972
Career
November 1995 Joined Ryohin Keikaku, MUJI Sangenjaya Store
June 2000 Named Northern Japan Area/Area Manager (directly managed stores), Sales Division
September 2003 Named Manager, MD Planning, Apparel Division
February 2006 Named Manager, Customer Relations Office, Sales Headquarters
February 2007 Named Store Manager, MUJI Yurakucho Store
September 2008 Named General Manager, Sales Division
February 2010 Named General Manager, China Sales, Overseas Operations Division
February 2012 Named Board Representative, MUJI Korea Co., Ltd.
September 2014 Named executive officer, Board Representative, MUJI Korea Co., Ltd. (current position)
Satoshi Shimizu
Born March 14, 1974
Career
October 1996 Joined Ryohin Keikaku, MUJI Ikebukuro Parco Store
June 1998 Named Store Manager, Ginza 1-chome Store
September 2002 Merchandise Headquarters, Household Division (Furniture)
February 2007 Named Assistant Manager, Merchandise Headquarters, Household Division (Planning & Design Office)
September 2008 Named Category Manager of Furniture, Household Division
June 2011 Named Store Manager, MUJI Yurakucho Store
June 2013 Named General Manager, Sales Division (current position)
Takafumi Makita
Born August 20, 1955
Career
June 1999 Joined Ryohin Keikaku
June 1999 Named Manager, Personnel Department, Personnel Division
September 2003 Named Manager, General Affairs, Personnel, Administration Division
February 2005 Named Manager, Internal Audit Office
September 2008 Named Manager, Human Resources Development Committee Office; Manager, Work Standardization Committee Office (current position)
Contact: Ryohin Keikaku Co., Ltd.
Corporate Planning Office Tel. 03-3989-44100