Consumables

Announcement of Decision on Representatives in a Plan to Establish New Companies in a Corporate Split Following Adoption of a Holding Company Structure

Monday 31. January 2011 - Toyo Ink Mfg. Co., Ltd. announces that a meeting of its Board of Directors held on January 17, 2011 has officially decided matters that were undetermined in the "Notice of Establishment of New Company and Planned Corporate Split, with Revision of the Articles of Incorporation (Change of Trade Name and Business Purpose) Due to Adoption of a Holding Company Structure" announced on May 17, 2010. Details are as follows.

Toyo Ink Mfg. Co., Ltd. announces that a meeting of its Board of Directors held on January 17, 2011 has officially decided matters that were undetermined in the “Notice of Establishment of New Company and Planned Corporate Split, with Revision of the Articles of Incorporation (Change of Trade Name and Business Purpose) Due to Adoption of a Holding Company Structure” announced on May 17, 2010. Details are as follows.
Changes to representative directors of Toyo Ink SC Holdings Co., Ltd. will be disclosed simultaneously in the separate release “Announcement of Changes to Representative Directors (Chairman and President)” in more detail.
Matters changed from the “Notice of Establishment of New Company and Planned Corporate Split, with Revision of the Articles of Incorporation (Change of Trade Name and Business Purpose) Due to Adoption of a Holding Company Structure” (announced on May 17, 2010).
3. Profile of Companies Involved in the Corporate Split
(2) Companies created through a corporate split (as of the time of incorporation on April 1, 2011 (plan))
[TOYO INK CO., LTD.]
(After change)
(v) Position and name of representative Kunio Sakuma, Chairman and Representative Director
Katsumi Yamazaki, President and CEO
(Before change)
(v) Position and name of representative Not yet determined
[TOYOCHEM CO., LTD.]
(After change)
(v) Position and name of representative Katsumi Kitagawa, Chairman and Representative Director
Motohiko Kashioka, President and CEO
(Before change)
(v) Position and name of representative Not yet determined
5. Conditions of the Company after the Corporate Split (as of April 1, 2011 (plan))
[TOYO INK SC HOLDINGS CO., LTD.]
(After change)
(4) Position and name of representative Kunio Sakuma, Chairman and Representative Director
Katsumi Kitagawa, President and CEO
(Before change)
(4) Position and name of representative Kunio Sakuma, President and CEO
Other than the above, the details of the “Notice of Establishment of New Company and Planned Corporate Split, with Revision of the Articles of Incorporation (Change of Trade Name and Business Purpose) Due to Adoption of a Holding Company Structure” remain unchanged.
Profile of new President and CEO in companies created through the corporate split
[TOYO INK CO., LTD.]
President and CEO (from April 1, 2011)
Name: Katsumi Yamazaki
Date of birth: February 28, 1953 (58 years old)
Place of birth: Nagano
Education: March 1975: Graduated from Sophia University with a Bachelor of Arts in Literature
Career: April 1975: Joined Toyo Ink Mfg. Co., Ltd.
July 1975: Ink Sales Division
September 1990: Employed at Toyo Ink America, LLC
March 2001: General Manager of Toppan Sales Division, Ink Sales Division, Graphic Arts Sales Division, Graphic Arts Business Headquarters
September 2003: General Manager of Toppan Sales Division, Customer Network Headquarters
June 2004: Appointed Operating Officer
June 2007: Appointed Director
June 2008: Appointed Director and Executive Operating Officer
June 2008: General Manager of the Printing and Information Business Headquarters
April 2009: Appointed Director and Senior Executive Operating Officer (to the present)
July 2010: Division Director of Ink Business Sector (to the present)
[TOYOCHEM CO., LTD.]
President and CEO (from April 1, 2011)
Name: Motohiko Kashioka
Date of birth: February 18, 1954 (57 years old)
Place of birth: Tokyo
Education: March 1977: Graduated from the Tokyo University of Agriculture and Technology with a Bachelor of Engineering
Career: April 1977: Joined Toyo Ink Mfg. Co., Ltd.
September 1977: Technology Division, Jujo Plant
October 1982: Plastic Colorants Processing Department, Technical Laboratory
March 1997: Processing Technology Laboratory
March 1999: Coating Materials Technical Department, RAC Business Division
March 2002: General Manager of Polymer Technical Division, Polymer Business Division, Chemical Business Headquarters
June 2005: Appointed Operating Officer
March 2007: Deputy Division Director of Packaging & Processing Business Headquarters and the General Manager of Technical Division
April 2009: In charge of technology, research and development
June 2009: Appointed Director
April 2010: Appointed Director and Executive Operating Officer (to the present)
July 2010: Division Director of Chemical Business Sector (to the present)