2005
June 3, 2005
Minebea Co., Ltd.
Managerial Assignments and Organizational Changes
The Board of Directors Meeting the company held on Friday, June 3, 2005, has passed the agenda for managerial assignments and organizational changes as follows.
The changes will be effective upon final approval at the Ordinary General Shareholders Meeting due to be held on June 29 and at the Board of Directors Meeting to be held on the same day.
1.New Management
The new directors and new executive officers scheduled to be appointed upon approval at the Ordinary General Shareholders Meeting due on June 29, 2005 and at the Board of Directors Meeting to be held on the same day, and auditors to remain in their posts are as follows.
| Name | New Assignment | Current Assignment |
|---|---|---|
| Takayuki Yamagishi | Representative Director, President and Chief Executive Officer (promoted) |
Director,Senior Managing Executive Officer |
| Yoshihisa Kainuma | Director, Senior Managing Executive Officer |
Director,Senior Managing Executive Officer |
| Ryusuke Mizukami | Director, Senior Managing Executive Officer |
Director, Senior Managing Executive Officer |
| Tosei Takenaka | Director, Senior Managing Executive Officer |
Director, Senior Managing Executive Officer |
| Koichi Dosho | Director, Senior Managing Executive Officer (promoted) |
Director, Managing Executive Officer |
| Hiroharu Katogi | Director (newly appointed), Managing Executive Officer |
Managing Executive Officer |
| Akihiro Hirao | Director (newly appointed), Managing Executive Officer (promoted) |
Executive Officer |
| Eiichi Kobayashi | Director (newly appointed), Managing Executive Officer (promoted) |
Executive Officer |
| Chanchai Leetavorn | Independent Director | Independent Director |
| Takashi Matsuoka | Independent Director (newly appointed) | Managing Director of Keiaisha Co., Ltd. |
| Shinichi Mori | Standing Corporate Auditor | Standing Corporate Auditor |
| Yoshinori Amano | Standing Corporate Auditor | Standing Corporate Auditor |
| Tsukasa Oshima | Standing External Corporate Auditor | Standing External Corporate Auditor |
| Isao Hiraide | External Corporate Auditor | External Corporate Auditor |
| Yukio Shimizu | Managing Executive Officer | Managing Executive Officer |
| Susumu Fujisawa | Managing Executive Officer | Managing Executive Officer |
| Akio Okamiya | Managing Executive Officer | Managing Executive Officer |
| Hiroyuki Yajima | Managing Executive Officer | Managing Executive Officer |
| Sakae Yashiro | Managing Executive Officer(newly appointed) | Corporate Advisor |
| Masayoshi Yamanaka | Managing Executive Officer (promoted) | Executive Officer |
| Shunji Mase | Managing Executive Officer (promoted) | Executive Officer |
| Hirotaka Fujita | Managing Executive Officer (promoted) | Executive Officer |
| Sadahiko Oki | Executive Officer | Executive Officer |
| Takuya Naka | Executive Officer | Executive Officer |
| Motoyuki Niijima | Executive Officer | Executive Officer |
| Kunio Shimba | Executive Officer | Executive Officer |
| Junichi Mochizuki | Executive Officer | Executive Officer |
| Morihiro Iijima | Executive Officer | Executive Officer |
| Toshisada Koyama | Executive Officer | Executive Officer |
| Mamoru Kamigaki | Executive Officer (newly appointed) | General Manager of Procurement Dept. |
| Takashi Aiba | Executive Officer (newly appointed) | General Manager of Accounting Dept.and of Information Systems Dept. of Karuizawa Manufacturing Unit |
| Daishiro Konomi | Executive Officer (newly appointed) | Deputy General Manager of European Region Operations |
| Tatsuo Matsuda | Executive Officer (newly appointed) | General Manager of Japan Sales |
Directors and Executive Officers to retire at the close of the Ordinary General Shareholders Meeting due to be held on June 29, 2005 are as follows.
| Name | Current Assignment |
|---|---|
| Tsugio Yamamoto | Representative Director, President and Chief Executive Officer |
| Rikuro Obara | Director, Senior Managing Executive Officer |
| Kenji Senoue | Director, Senior Managing Executive Officer |
| Atsushi Matsuoka | Independent Director |
| Takashi Yamaguchi | Managing Executive Officer |
| Sadao Sawamura | Executive Officer (after retirement, to be appointed as Corporate Advisor, General Manager of Information Systems Dept.) |
| Masamitsu Osada | Executive Officer (after retirement, to be appointed as Corporate Advisor) |
| Tadahiko Mori | Executive Officer |
| Masao Iwasa | Executive Officer (after retirement, to be appointed as Advisor, General Manager of Personnel & General Affairs Dept. of Karuizawa Plant) |
2.Managerial Assignments (effective July 1, 2005)
| Name | New Assignment | Former Assignment | Post to be Retained |
|---|---|---|---|
| Yoshihisa Kainuma | Chief of Operations Headquarters |
In charge of Personnel and General Affairs, Logistics and Procurement |
Director, Senior Managing Executive Officer |
| Ryusuke Mizukami | Chief of Engineering Headquarters | In charge of Corporate Planning and Information Systems |
Director, Senior Managing Executive Officer |
| Tosei Takenaka | Head of Information Motor Business Unit ("B/U") |
Director, Senior Managing Executive Officer, Representative Director and President of Minebea- Matsushita Motor Corporation |
|
| Hiroharu Katogi | Chief of Administration Headquarters | In charge of Business Administration and Investor Relations |
Director, Managing Executive Officer |
| Akihiro Hirao | Deputy Chief of Engineering Headquarters and Head of Defense-Related Special Parts B/U |
General Manager of Omori Manufacturing Unit |
Director, Managing Executive Officer |
| Eiichi Kobayashi | Chief of Manufacturing Headquarters |
General Manager of Production Technology Center and Tool & Die Dept. of Karuizawa Manufacturing Unit |
Director, Managing Executive Officer |
| Susumu Fujisawa | General Manager of Regional Affairs for China |
Inchargeof China Operations | Managing Executive Officer |
| Akio Okamiya | Deputy Chief of Engineering Headquarters |
General Manager of R&D Center of Karuizawa Manufacturing Unit |
Managing Executive Officer |
| Hiroyuki Yajima | Head of Ball Bearing B/U |
General Manager of Bearing Manufacturing Dept. of Karuizawa Manufacturing Unit |
Managing Executive Officer |
| Sakae Yashiro | Deputy Chief of Administration Headquarters |
Managing Executive Officer |
|
| Masayoshi Yamanaka | General Manager of Regional Affairs for South East Asia |
In charge of Asian Region Operations |
Managing Executive Officer |
| Shunji Mase | Deputy Chief of Operations Headquarters |
General Manager of Personnel and General Affairs Dept. |
Managing Executive Officer |
| Hirotaka Fujita | Deputy Chief of Manufacturing Headquarters and Head of Electronic Device B/U |
General Manager of Hamamatsu Manufacturing Unit |
Managing Executive Officer |
| Kunio Shimba | Head of Spindle Motor B/U | General Manager of Global Storage Component Product Management |
Executive Officer |
| Junichi Mochizuki | Deputy Chief of Sales Headquarters and Deputy Head of Ball Bearing B/U |
General Manager of Global Bearing Product Management |
Executive Officer |
| Morihiro Iijima | Deputy Chief of Operations Headquarters |
General Manager of Strategy Planning Dept. |
Executive Officer |
| Toshisada Koyama | Head of Precision Motor B/U | General Manager of HDD Component Division and of Spindle Motor Manufacturing Dept. of Karuizawa Manufacturing Unit |
Executive Officer |
| Takashi Aiba | Deputy Chief of Manufacturing Headquarters |
General Manager of Accounting Dept.and of Information Systems Dept. of Karuizawa Manufacturing Unit |
Executive Officer |
| Daishiro Konomi | General Manager of Regional Affairs for Europe |
Deputy General Manager of European Region Operations |
Executive Officer |
| Tetsuya Tsuruta | Head of Mechanical Assembly B/U |
Executive Vice President of NMB Technologies Corporation |
|
| Tsugihiko Musha | Head of Rod-End B/U | General Manager of Rod-End Manufacturing Dept. of Karuizawa Manufacturing Unit |
|
| Katsura Yanagisawa | Head of Fastener B/U | General Manager of Fujisawa Manufacturing Unit |
|
| Naohiro Shiota | Head of Keyboard B/U | Vice President of Shanghai Shun Ding Technologies Ltd. |
|
| Gary Yomantas | General Manager of Regional Affairs for the Americas and Head of NHBB B/U |
President of NMB (USA) Inc.and NHBBInc. |
|
| William Poyner | Head of Hansen B/U | President of Hansen Corporation |
3.Organizational Changes (effective July 1, 2005)
Previously, our manufacturing and sales operations have been separate functions under our Manufacturing Headquarters and Sales Headquarters, respectively. This will be changed into the system of Business Units in which manufacturing and sales operations will be unified. Each Business Unit will be assigned with responsibility and authorization so as to enhance business performance of both sides of manufacturing and sales operations, and to maximize the profitability of the business. The new Business Units will be the Ball Bearing B/U, Mechanical Assembly B/U, Rod-End B/U, Spindle Motor B/U, Precision Motor B/U, Fastener B/U, Defense-Related Special Parts B/U, Measuring Components B/U, Keyboard B/U, Speaker B/U, Electronic Device B/U, Information Motor B/U, NHBB B/U and Hansen B/U.
The new Business Units will report directly to the President, not to the Manufacturing Headquarters or Sales Headquarters as in the past. Moreover, the new Business Units will be specified by businesses rather than by locations such as Karuizawa Manufacturing Unit or Hamamatsu Manufacturing Unit.
As for the Headquarters, five Headquarters will be newly set up, namely Manufacturing Headquarters, Sales Headquarters, Engineering Headquarters, Operations Headquarters and Administration Headquarters. The new Headquarters will also report directly to the President. These new Headquarters will not have the previously mentioned new Business Units under their direct supervision. Rather, the new Headquarters will play an important role of supporting each of the new Business Units ensuring the business, of which a Business Unit is in charge, will be led to a success. Details of the organizations within the Headquarters are due to be announced on July 1, 2005.
The new organization should resemble warp (vertical threads) and weft (horizontal threads) interlaced forming a well-balanced weave, where the vertical lines are Business Units and the horizontal lines are Headquarters. Responsibility and authorization for both Business Units and Headquarters will be explicit, thereby ensuring an organization that can function actively.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Representative: | Takayuki Yamagishi Representative Director, President and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Shunji Mase Managing Executive Officer, General Manager of Personnel & General Affairs Department Naoyuki Kimura Deputy General Manager of Personnel & General Affairs Department Tel. 03-5434-8612 Fax 03-5434-8601 |
Product information, contact and other context are subject to change without prior notice.
