Kobe, January 23, 2018 - Following decisions taken at a meeting of the company's Board of Directors, ASICS Corporation (Tokyo: 7936; ISIN: JP3118000003) has announced scheduled changes in key management positions as detailed below. These changes will be formally confirmed at the Regular Shareholders' Meeting on March 29.

Changes (effective March 29, 2018):
• Motoi Oyama named Chairman and CEO, Representative Director
(currently Chairman, President and CEO, Representative Director)
• Yasuhito Hirota named President and COO, Representative Director
(appointed to an advisory role starting January 20)
Mr. Oyama, who became President of ASICS in 2008, and was appointed Chairman of the Board in March 2017, said: 'Approaching my eleventh year in the role, the decision to appoint a new President was taken in order to ensure that the group can advance as one towards the next stage of our medium-term strategy, the ASICS Growth Plan (AGP) 2020.' Regarding Mr. Hirota's appointment he added, 'After becoming Chairman of the Board last year, I decided that this would be the correct time to hand over the role of President to Mr. Hirota, and let him oversee the practical management of the company.' In his continuing role as CEO, Mr. Oyama will carry on directing the operations of the group as a whole.
Mr. Hirota, who will assume an advisory role before his formal appointment as President on March 29, joins ASICS from his previous position as Representative Director, Member of the Board, Executive Vice President, Corporate Functional Officer, and Head of Regional Strategy for Japan with Mitsubishi Corporation, where he spent almost 38 years. On the subject of today's announcement, he said: 'It is a great honor for me to accept the position of President and COO with ASICS Corporation. Working in conjunction with Mr. Oyama and the ASICS senior management team, I am ready to give my all to cement the continuing global progress of the ASICS Group.'
Incoming President and COO, Representative Director Yasuhito Hirota, Profile:
Born:　　　November 5, 1956 (age 61)
Nagoya, Aichi Prefecture
Education: Waseda University School of Political Science and Economics
(graduated March 1980)
Career:
Apr. 1980　Joined Mitsubishi Corporation
Apr. 2010　Senior Vice President
General Manager, Corporate Administration Dept.
Apr. 2011　 Senior Vice President
Senior Assistant to Senior Executive Vice President
Corporate Functional Officer, Corporate Communications, Corporate
Administration, CSR & Environmental Affairs, Legal, Human Resources
General Manager, Corporate Administration Dept.
Apr. 2014 Executive Vice President, Corporate Communications, Corporate Administration,
CSR & Environmental Affairs, Legal, Human Resources
Jun. 2014 Representative Director, Member of the Board
Executive Vice President, Corporate Communications, Corporate Administration,
CSR & Environmental Affairs, Legal, Human Resources
Apr. 2016 Representative Director, Member of the Board
Executive Vice President, Corporate Communications, Corporate Administration,
CSR & Environmental Affairs, Legal, Human Resources
Chief Compliance Officer
Apr. 2017 Representative Director, Member of the Board
Executive Vice President
Corporate Functional Officer, Regional Strategy for Japan
General Manager, Kansai Branch
Jan. 2018 Joined ASICS Corporation
Senior Advisor to the Board
(Scheduled appointment as President and COO, Representative Director, ASICS Corporation: March 29, 2018)

Asics Corporation published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 12:44:10 UTC.

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