【Toyo Electric】Notice of Appointment of Director and Audit & Supervisory Board Member Candidates｜July 2026

Overview of Executive Personnel Changes

Toyo Electric Mfg. has decided on the candidates for directors and auditors & supervisory board members ahead of the annual general meeting in August 2026. The director candidates include the current President and CEO Akira Watanabe, along with Jun Kunina, Chiaki Nakanou, Akihiro Otsuka, and Hiroyuki Chiba as new nominees. Outside directors will include Yasuji Maekari, Yuki Machida, and Yasuaki Sugizaki. For auditor & supervisory board members, Takatoshi Otsuka and Takuya Kanaya are listed as new candidates. Expected to retire are the current Chairman Kenzo Terashima, Noriharu Tanimoto, auditor & supervisory board member, along with Jun Kobayashi and Koichi Abe. These personnel changes aim to strengthen corporate governance and ensure stability of management in the next term.

Future Plans and Organizational Structure

Following the shareholders' meeting, the Board of Directors will convene to appoint Akira Watanabe as President and CEO, and assign roles such as Chair of the Board and Chief Internal Auditor. Jun Kunina will be entrusted with management oversight, while Hiroyuki Chiba will be responsible for technology and quality management, aiming to improve operational efficiency and strengthen supervisory functions. The officers expected to retire will step down after the shareholder meeting, with a new management team committed to sustainable growth.