Yondoshi Holdings Inc. at its meeting of its Board of Directors held on January 7, 2015, resolved to introduce an executive officer system, and make changes in the organizational structure and management personnel. The company announced new title of Satoshi Miyamoto as Executive Director and Executive Officer responsible for AS'TY Inc., Masahiko Iwamori as Executive Director and Executive Officer responsible for Operations, General Manager, Corporate Planning Dept. (concurrent), Akihiro Takiguchi as Executive Director and Executive Officer responsible for F.D.C. Products Inc., Masahiko Nishimura as Director and Executive Officer responsible for Finance, General Manager, Finance Dept.

(concurrent), Toshifumi Kurume as Director and Executive Officer responsible for F.D.C. Products Inc., General Manager, Marketing Dept., Hideki Tamura as Executive Officer, General Manager responsible for age Co. Ltd., Ichiro Okafuji as Executive Officer, General Manager responsible for MISUZU Co. Ltd. and Masaharu Yoneoka as General Manager, General Affairs Dept.

Effective March 1, 2015.