Takasago International Corporation announced that the company resolved, at the Board meeting held, to change its Representative Member of the Board as of May 15, 2014. The company resolved Satoshi MASUMURA to be President and Chief Executive Officer from Member of the Board and Senior Vice President, and Ritaro IGAKI to Advisory Board Member from President and Chief Executive Officer of the company. Mr. Ritaro IGAKI will retire as Member of the Board at the General Shareholders' Meeting for the 88th business term to be held on June 26, 2014.

The company also announced Takashi MATSUO, to the Member of the Board and Senior Vice President (Currently a Corporate officer); and Hisaya FUJIWARA, to Member of the Board and Senior Vice President (Currently a Corporate officer). The retiring members are Ritaro IGAKI, Advisory Board Member; and Kazuhiko TOKORO, Member of the Board and Senior Vice President.