January 13, 2015
Company name: Pigeon Corporation
Representative: Shigeru Yamashita (President and COO) Listings: First Section, Tokyo Stock Exchange (Stock Code: 7956) Contact: Tsutomu Matsunaga
(Managing Officer, Corporate Administration Division) Phone: +81-3-3661-4188 (direct line)

Notice Regarding Personnel Changes

At the meeting of the Board of Directors held on January 13, 2015, the Company passed a resolution of personnel changes. Details are listed below.
1. Executive Officers

Transferred

Name

New Position

Former Position

Norimasa Kitazawa

Director, Senior Managing

Executive Officer /

Division Manager of Overseas

Business Div. /

Supervision of China Business Div.

Director, Senior Managing

Executive Officer /

Division Manager of Overseas

Business Div. /

Division Manager of China

Business Div.

Kazuhisa Amari

Director, Junior Managing

Executive Officer /

Division Manager of Logistics Div.

Director, Junior Managing

Executive Officer /

Division Manager of Logistics

Div. /

Supervision of Quality Control

Div. /

Supervision of Customer Service

Center

Tadashi Itakura

Director, Junior Managing

Executive Officer /

Division Manager of Research and

Development Div. /

Supervision of Quality Control Div.

Director, Junior Managing

Executive Officer /

Division Manager of Research and

Development Div.

/
Supervision of Customer Service
Center

2. Managing Officers

Transferred

Name

New Position

Former Position

Kaoru Kasahara

Managing Officer /

Division Manager of Research and

Development Div.

Managing Officer /

Deputy Division Manager of Domestic Baby & Mother Care Business Div./

Ken Kaku

Managing Officer / Division Manager of China

Business Div.

Managing Officer /

Deputy Division Manager of China

Business Div.

3. Effective Date
January 16, 2015

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