Yondoshi Holdings Inc. at a meeting of its board of directors held on January 7, 2020, resolved to make the following changes in organizational structure and personnel. Effective March 1, 2020 Ichiro Okafuji, Director and Managing Executive Officer responsible for F.D.C. Products Inc. First Business as Director and Managing Executive Officer responsible for Operations, Effective February 29, 2020 retiring Toshifumi Kurume, Director and Managing Executive Officer responsible for F.D.C. Products Inc. Second Business, Effective March 1, 2020 Toshifumi Kurume, Director and Managing Executive Officer responsible for F.D.C. Products Inc. Second Business as Executive Officer responsible for F.D.C. Products Inc, Yasushi Yaguchi as Executive Officer responsible for AS'TY Inc, Masahiro Dakeshita, Executive Officer responsible for Operations, General Manager, General Affairs Dept., and General Manager, Corporate Planning Dept. (concurrent) as Executive Officer, General Manager, Corporate Planning Dept, Effective March 1, 2020 Yasufumi Kozuka, Corporate Planning Manager, Corporate Planning Dept. as Head of President's Office, Yoshichika Arai as General Manager, Human Resources Dept, Kazumasa Fukuhara, General Manager, Operations Dept. at AS'TY Inc. as General Manager, General Affairs Dept, Hiroki Hashimoto as Assistant General Manager, Finance Dept.