Denka Company Limited announced at the Board of Directors meeting held on February 7, 2017 changes in its representative directors and other directors as well as executive officers. The following are the new positional changes; Shinsuke Yoshitaka was appointed as Representative Director, Chairman, Board of Directors from Representative Director, President and Chief Executive Officer. Manabu Yamamoto's new position is Representative Director, President and Chief Executive Officer from Director, Senior Managing Executive Officer. Mitsukuni Ayabe's new position is Director, Vice President from Representative Director, Chief Operating Officer. These changes are effective from April 1, 2017. Norihiro Shimizu has been named as Director, Managing Executive Officer from Managing Executive Officer, effective late June 2017. Toshiharu Kano is appointed as President & CEO, Denka Consultant & Engineering Co. Ltd. vacating the position of executive officer at Denka on March 31, 2017 from Senior Managing Executive Officer, Omi Plant. Hideyuki Udagawa as President & CEO, YK Inoas Co. Ltd. vacating the position of executive officer at Denka on March 31, 2017 from Senior Managing Executive Officer, Infrastructure & Social Solutions: Overseas operations related to special cement additives. Sanshiro Matsushita as President & CEO, Toyo Styrene Co. Ltd. vacating the position of executive officer at Denka on March 31, 2017 from Managing Executive Officer, Electronics & Innovative Products. Kenji Nakano as Managing Executive Officer, Chief Compliance Officer (CCO), Secretary Dept., Internal Auditing Dept., Administrative Dept., Legal Dept., HR Dept., DENKA100 Promoting Dept. from Managing Executive Officer, Chief Compliance Officer (CCO) Representative in China; Secretary Dept., Administrative Dept., Legal Dept., HR Dept., DENKA100 Promoting Dept. Ken Koizumi as Advisor vacating the position of executive officer at Denka on March 31, 2017 from Executive Officer, Chiba Plant. Tetsuya Shinmura Managing Executive Officer, Chief Technical Officer (CTO), Purchasing Dept., Logistics Dept. from Executive Officer, Technology Div. Junichi Kimura Managing Executive Officer, Representative, China: Living & Environment Products from Executive Officer, Lif Kazuyae Science & Environment Products. Toshio Imai as Managing Executive Officer, Representative, USA; Elastomers & Performance Plastics from Executive Officer, Elastomers & Performance Plastics. Hideki Hirano as Managing Executive Officer, Omi Plant from Executive Officer, Omuta Plant. Hideki Watanabe as Executive Officer, Chiba Plant from Executive Officer, Deputy General Manager, Omi Plant. Shojiro Watanabe as Executive Officer, Electronics & Innovative Products from Shibukawa Plant, Assistant to MEO, Electronics & Innovative Products. Nobuyuki Yoshino as Executive Officer, Assistant to Chief R&D Officer, Advanced Technologies Research Institute from Assistant to Chief R&D Officer, Advanced Technologies Research Institute. Kazuo Takahashi as Executive Officer, Omuta Plant from Ofuna Plant. Rimiru Hayashida as Executive Officer, Accounting & Finance Dept.; Information System Dept. from Accounting & Finance Dept.

The company also announced the creation of a new division. It is striving to expand its operations by harnessing its strengths in disease prevention and diagnosis. Also, it is tapping into such new businesses as those connected with epoch-making cancer treatment drug and cancer gene mutation test and information service. With this it aims to nurture its healthcare-related operations into a key Group earnings pillar and, to this end, decided to establish the Life Innovation Division as one of the business divisions directly managed by headquarters. This division will be in charge of handling all Group resources associated with healthcare-related operations. As such, the upcoming organizational change is expected to help utilize management resources more efficiently while supporting business strategies and initiatives aimed at securing sustainable growth.