SUMIDA: Company News
SUMIDA CORPORATION (hereafter “the Company”) would like to announce that the Nomination Committee nominated the following nine (9) candidates for the Board of Directors. The membership as director will take effect subject to the approval of the shareholders at the coming Annual General Meeting of Shareholders scheduled for March 25, 2021.
1. Candidates for the Board of Directors
| Name | Current position at SUMIDA CORPORATION |
| Mr. Shigeyuki Yawata | Director, Representative Executive Officer and CEO (Member of the Risk Management Committee) |
| Mr. Pak Hong Auyang | Outside director (Chairman of the Nomination- and the Compensation Committee) |
| Mr. Yukihiro Moroe | Outside director (member of the Nomination- and the Compensation Committee) |
| Mr. Atsushi Kato | Outside director (Chairman of the Audit Committee, member of the Risk Management Committee) |
| Dr. Michael Mühlbayer | Outside director (member of the Nomination- and the Compensation Committee) |
| Dr. Masako Miyatake | Outside director (Member of the Audit Committee, member of the Risk Management Committee) |
| Mr. Tatsuo Umemoto | Outside director (member of the Audit Committee) |
| Mr. Tomoharu Suseki | Director (Member of the Risk Management Committee) |
| Mr. Gen Ikegami (New candidate) |
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Note: Messrs. Pak Hong Auyang, Yukihiro Moroe, Atsushi Kato, Dr. Michael Mühlbayer, Dr. Masako Miyatake, Mr. Tatsuo Umemoto and Mr. Gen Ikegami are candidates as outside directors. After the election as outside directors at the coming Annual General Meeting of Shareholders scheduled for March 25, 2021, they will be registered as independent directors pursuant to the regulations of the Tokyo Stock Exchange.
2. Brief personal profile of the proposed new candidate for the Board of Directors
Mr. Gen Ikegami (born January 10, 1955)
| Brief personal profile | |
| Sep. 1980 | Joined Showa Audit Corporation (Currently Ernst & Young ShinNihon LLC) |
| Mar. 1983 | Registered as Certified Public Accountant |
| May 1992 | Registered as CPA in the state of California, United States of America |
| May 2000 | Representative Partner, Century Ota Showa & Co. (Currently Ernst & Young ShinNihon LLC) |
| Jan. 2002 | Board Member, International Auditing and Assurance Standards Board (IAASB) |
| Nov. 2005 | Board Member, International Federation of Accountants (IFAC) |
| Jul. 2010 | Deputy President, The Japanese Institute of Certified Public Accountants (JICPA) (Reappointed in July 2013) |
| Jul. 2010 | Director, Financial Accounting Standards Foundation (FASF) |
| Jun. 2015 | Representative, Gen Ikegami Certified Public Accountant Office (To date) |
| Jul. 2015 | Outside Statutory Auditor, TEIJIN LIMITED (To date) |
| Jun. 2016 | Outside Director, TAC Co., Ltd. (To date) |
| Jul. 2016 | Counsel, The Japanese Institute of Certified Public Accountants (JICPA) |
| Jun. 2020 | Outside Director (Audit and Supervisory Committee Member), Fujitsu Frontech Limited (To date) |
Reasons for the election of candidate nominated for director: Mr. Gen Ikegami is expected to contribute to maintaining and improving the Company’s compliance based on his abundant knowledge and experience as a certified public accountant over many years, and therefore, the Company judges that he will appropriately fulfill his duties as an outside director. He is a new candidate for outside director.