Daido Metal : Announcement of change in Representative Director
March 26, 2021 at 12:33 pm IST
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Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.
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26 March 2021
Daido Metal Co., Ltd.
Seigo Hanji
Chairman and Chief Executive Officer
(Code) 7425 TSE and NSE 1st Section
(for inquiry) Masaki Ikawa
Director and Senior Managing Executive Officer
Head of the Human Resources Planning Division
(TEL: +81‐568‐61‐2539)
Announcement of change in Representative Director
We hereby announce that we appoint the below changes to Representative Director as approved at the meeting of the Board of Directors held on 26th March 2021.
Any changes to Representative Directors will be formally approved at the General
Shareholders' Meeting to be held on 29th June 2021.
1.
Change of Representative Director
(New Appointment) Name: Motoyuki Miyo President and Chief Operating Officer
(Retiring) Name: Kotaro Kashiyama
Current position: President and Chief Operating Officer *scheduled to assume office as Senior Advisor
2. Career history of the candidate for newly appointed President and Chief Operating Officer
Name
Motoyuki Miyo
Date of birth
September 8, 1955
April 1979
Joined Fuji Bank Co., Ltd.
October 1998
Joint General Manager, London Branch
September 2000
General Manager, International Division
April 2002
Joint General Manager,
Mizuho Corporate Bank, Singapore Branch
March 2007
General Manager, International Coordination Div.
September 2008
Joined the Company
October 2008
Deputy General Director, Daido Metal Russia LLC
July 2011
Executive Officer
Deputy General Director, Daido Metal Russia LLC
July 2015
Senior Executive Officer
Deputy General Director, Daido Metal Russia LLC
July 2018
Managing Executive Officer
Deputy General Director, Daido Metal Russia LLC
April 2019
Managing Executive Officer
Head of Corporate & Financial Planning Div.
June 2019
Director and Managing Executive Officer Head of Corporate & Financial Planning Div. (to the present)
3. Scheduled Date of Appointment 29th June 2021
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Disclaimer
Daido Metal Co. Ltd. published this content on 26 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2021 07:02:01 UTC.
Daido Metal Co., Ltd. is a Japan-based company engaged in the manufacture and sale of bearings. The Company operates primarily in four business segments. The Automobile Engine Bearing segment and Automobile Bearing (Except Engine) segment are involved in the manufacture and sale of bearings for automobile engines, as well as bearings for shock absorbers, pump bushes for power steering, bearings for turbo chargers, bearings for balancer mechanisms. The Non-Automobile Bearing segment offers engine bearings for ships and construction machineries, water turbines for hydroelectric power generation, turbines for power generation, compressors, speed increasing and decreasing bearings and others. The Parts of Non-Automotive Bearings provides parts, including bending pipes, knock pins and NC cutting products. The others provides real estate leasing business, metallic non-lubricated bearing business and pump related products business.