January 28, 2016
Change of Directors and Board Members
Kirin Holdings Company, Limited (“Kirin Holdings”) hereby announces the board appointed today the director candidates and audit & supervisory board member candidates of Kirin Holdings and its subsidiaries, Kirin Company, Limited (“Kirin Company”) and Kirin Beverage Company, Limited (“Kirin Beverage”).
1. Kirin Holdings
(1) The reasons for the change
Kirin Holdings, as part of the improvement of corporate governance which contributes to further transparency and fairness of the management and enhancement of the corporate value from mid-long term perspective, has decided to increase the number of outside directors by one to four, resulting in seven outside board members including three audit & supervisory board members. Kirin Holdings will also appoint Mr. Toshio Arima, one of the outside directors, as chairman at the board meeting in order to further strengthen management supervision function by the board of directors.
Furthermore, aiming at accelerating the diversity of the board of directors, the Kirin Group is aggressively promoting the appointment of female board members. The number of female outside directors in the Kirin Group will be increased by nominating Ms. Kimie Iwata as an outside director, Ms. Chieko Matsuda as an audit and supervisory board member of Kirin Holdings, and Ms. Akiko Nakajo as an outside director of Kirin Company.
(2) New and Retiring Directors
-New Directors
| Kimie Iwata | Director of the Board (Non-executive) | |
| current: | Audit & Supervisory Board Member (External) | |
| Katsunori Nagayasu | Director of the Board (Non-executive) | |
| current: | Representative Director and Chairman of the Board of The Bank of Tokyo- Mitsubishi UFJ, Ltd. |
-Retiring Directors
| Senji Miyake | ||
| current: | Chairman of the Board | |
| Shigemitsu Miki | ||
| current: | Director of the Board (Non-executive) |
- Note:Senji Miyake is supposed to retire from director at the end of this coming general shareholders meeting for the expiration of the office, and to assume the Executive Advisor on the same day.
(3) The Profiles of Newly-appointed Directors
Attached at the end
(4) New, Remaining-in-office, and Retiring Audit & Supervisory Board Members
-New Audit & Supervisory Board Members
| Chieko Matsuda | Audit & Supervisory Board Member (External) | |
| current: | Professor of Department of Urban Liberal Arts at Tokyo Metropolitan University and Professor of Social Sciences at Tokyo Metropolitan University (Graduate School) |
-Remaining-in-office Audit & Supervisory Board Members
| Masahito Suzuki | Audit & Supervisory Board Member | |
| Motoyasu Ishihara | Audit & Supervisory Board Member | |
| Fukutaka Hashimoto | Audit & Supervisory Board Member (External) | |
| Masakatsu Mori | Audit & Supervisory Board Member (External) |
-Retiring Audit & Supervisory Board Members
| Kimie Iwata | Audit & Supervisory Board Member (External) |
- Note:Kimie Iwata is supposed to retire from Audit & Supervisory Board Member (External) at the end of this coming general shareholders meeting for the expiration of the office, and to be appointed as Director of the Board (Non-executive) on the same day.
(5) The Profile of a Newly-appointed Audit & Supervisory Board Member (External)
Attached at the end
(6) The Date to be Appointed
Supposed to be legitimately appointed at the end of this coming March, 2016, when the Annual General Meeting of Shareholders will be held and the Board Meeting and Audit & Supervisory Board Meeting subsequently held
2. Kirin Company
(1) New and Retiring Director of the Board
-New Director of the Board
| Hideki Horiguchi | Director of the Board | |
| current: | Representative Director, President & CEO of Koiwai Dairy Products Company, Limited | |
| Akiko Nakajo | Director of the Board (External) | |
| current: | Executive Officer of Google Inc. |
-Retiring Director of the Board
| Akira Sato | ||
| current: | Representative Director, President & CEO of Kirin Beverage and Director of the Board, Senior Executive Officer |
(2) The Profiles of Newly-appointed Directors
Attached at the end
(3) The Date to be Appointed
Supposed to be legitimately appointed at the end of this coming March, 2016, when the Annual General Meeting of Shareholders will be held and the Board Meeting subsequently held
3. Kirin Beverage
(1) New and Retiring Representative Directors
-New Representative Director
| Hideki Horiguchi | Representative Director, President & CEO and Director of the Board of Kirin Company | |
| current: | Representative Director, President and CEO of Koiwai Dairy Products Company, Limited |
-Retiring Representative Directors
| Akira Sato | ||
| current: | Representative Director, President & CEO of Kirin Beverage and Director of the Board, Senior Executive Officer |
(2) The Profile of Newly-appointed Representative Director
Attached at the end
(3) The Date to be Appointed
Supposed to be legitimately appointed at the end of this coming March, 2016, when the Annual General Meeting of Shareholders will be held
Kimie Iwata
| Date of birth: | April 6, 1947 |
| Citizenship: | Japan |
| Experience: | |
| Jun 2012-present | Advisor of the Company |
| Apr 2012 | Director of the Company |
| Mar 2012-present | External Auditor of Kirin Holdings Company, Limited |
| June 2008 | Representative Director and Executive Vice President of Shiseido Company, Limited |
| Apr 2008 | Director and Executive Vice President of the Company |
| Apr 2007 | Director and Corporate Executive Officer of the Company |
| Jun 2004 | Director and Corporate Officer of the Company |
| Apr 1971 | Joined the Ministry of Labor |
Company Shares Owned:3,200 shares (as of December 31, 2015)
Katsunori Nagayasu
| Date of birth: | April 6, 1947 |
| Citizenship: | Japan |
| Experience: | |
| Apr 2013 | Director of Mitsubishi UFJ Financial Group, Inc. |
| Apr 2012-present | Representative Director, Chairman of The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
| Apr 2010 | Representative Director, President & CEO of Mitsubishi UFJ Financial Group, Inc. |
| Apr 2008 | Representative Director, President of The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
| May 1970 | Joined The Mitsubishi Bank, Limited |
Company Shares Owned:0 shares (as of December 31, 2015)
Chieko Matsuda
| Date of birth: | November 18, 1964 |
| Citizenship: | Japan |
| Experience: | |
| Apr 2011-present | Professor of Department of Urban Liberal Arts at Tokyo Metropolitan University and Professor of Social Sciences at Tokyo Metropolitan University (Graduate School) |
| Oct 2006 | Vice President (Partner) of Booz and Company, Inc. |
| May 2006 | Representative Director of Matrix, Inc. |
| Sep 2001 | Joined Corporate Directions, Inc. |
| Oct 1998 | Joined Moody’s Japan Corporation |
| Apr 1987 | Joined The Long-Term Credit Bank of Japan, Limited |
Company Shares Owned:1,000 shares (as of December 31, 2013)
Hideki Horiguchi
| Date of birth: | January 27, 1962 |
| Citizenship: | Japan |
| Experience: | |
| Mar 2014-Present | Representative Director, President & CEO of Koiwai Dairy Products Company, Limited |
| Mar 2013 | Managing Director of the Company |
| Apr 2009 | President & CEO of Four Roses Distillery LLC |
| Jan 2008 | General Manager, Marketing & Planning of National Foods Ltd., |
| Oct 2007 | Deputy General Manager, Corporate Planning Department of Kirin Holdings Company, Limited |
| Jul 2007 | Deputy General Manager, Corporate Branding Section, Corporate Planning Department of the Company |
| Apr 2006 | Deputy General Manager, Corporate Branding Section, Group Strategy Department of Kirin Brewery Company, Limited |
| Apr 2004 | Manager, Corporate Planning Department of the Company |
| Apr 2001 | Executive Assistant to the President of the Company |
| Apr 2000 | Manager, Sales Department of the Company |
| Apr 1985 | Joined Kirin Brewery Company, Limited |
| Education: | Master of Business Administration, Massachusetts Institute of Technology, June 1999 BA of Business and Commerce, Keio University, March 1985 |
Akiko Nakajo
| Date of birth: | December 26, 1967 |
| Citizenship: | Japan |
| Experience: | |
| Apr 2013-present | Executive Officer of Google Inc. |
| Oct 2003 | Deputy Japan Representative of Bloomberg L.P. |
| Apr 1997 | Representative Director, President of Bloomberg Information Television, Co. Ltd., |
| Apr 1996 | Joined Bloomberg Information Television, Co. Ltd., |
| Apr 1990 | Joined TV TOKYO Corporation |