Press Release

Tokyo, January 14, 2022 - TOA Corporation (Headquarters: Kobe, Japan, President, CEO: TAKEUCHI Kazuhiro) to be implement the following reorganization and personnel change, effective as of April 1, 2022.

Reorganization

1) Reorganize the Corporate Planning Division and the Administration Division into the Corporate Administration Division, and establish the Planning Management Department under its umbrella

The Corporate Administration Division, which includes the Information System Department, Compliance Department, Human Resource Department, General Affairs Department, Accounting & Financial Department and Planning Management Department, is responsible for the integrated planning and resource management. The Planning Management Department is responsible for the formulation of business plans, execution and management.

2) Establish the "Department of the President" to the direct control of the President, CEO

Department of the President is responsible for planning and executing management strategies from a mid to long-term perspective as a support function for top management.

3) Move the "Public Relations Department" to the direct control of the President, CEO

Public Relations Department strengthens the corporate communication for various stakeholders.

4) Rename the "International Sales & Marketing Department" to the "International Business Promotion Department"

The sales function of the International Sales & Marketing Department is transferred to the regional business department and to focus on the overseas business.

Personnel Changes – 5 Executives

Name / New position

KIHARA Isao

Executive Manager of Corporate Planning Division of TOA Corporation

NUMA Michiya

Executive Manager of Supply Chain Management Division and General Manager of Production Department of TOA Corporation

TOIGUCHI Eiji

Vice Executive Manager of Corporate Administration Division of TOA Corporation

OTONO Toru

Vice Executive Manager of Global R&D Division of TOA Corporation

FUTAGAWA Haruyuki

Vice Executive Manager of Solution Sales Division of TOA Corporation

Personnel Changes – 13 General Manager

Name / New position

MURAI Takatoshi

General Manager of Department of the President of TOA Corporation

CHINO Haruka

General Manager of Public Relations Department of TOA Corporation

YAMAMOTO Kenji

General Manager of Planning Management Department, Corporate Planning Division of TOA Corporation

UEDA Akinori

General Manager of Information System Department, Corporate Planning Division of TOA Corporation

URASHIMA Yoshiaki

General Manager of Compliance Department, Corporate Planning Division of TOA Corporation

SATOH Kenji

General Manager of Human Resource Department, Corporate Planning Division of TOA Corporation

HIROSE Takuo

General Manager of General Affairs Department, Corporate Planning Division of TOA Corporation

YOSHIDA Keigo

General Manager of Accounting & Financial Department, Corporate Planning Division of TOA Corporation

ANDOH Hirotomo

General Manager of Product Marketing & Development Department, Global R&D Division of TOA Corporation

MATSUSAKA Masanori

General Manager of Infrastructure Department, Solution Sales Division of TOA Corporation

TANAKA Kosuke

General Manager of International Business Promotion Department, International Business Division of TOA Corporation

MOROHASHI Toshio

President of TAKEX Corporation

TAKIGAWA Minoru

President of Dynatron Industrial Co., Ltd.