Mitsubishi Electric : Announces Director Candidates
April 26, 2019 at 12:26 am EDT
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Mitsubishi
Electric Corporation (TOKYO:6503) hereby announces the candidates
for directors elected at the meeting of the Nomination Committee held on
April 26, 2019.
The final election of the directors is planned at the Ordinary General
Meeting of Shareholders scheduled for June 27, 2019.
1. Director Candidates (current positions)
Masaki Sakuyama
(Chairman)
Takeshi Sugiyama
(Director, President & CEO)
Nobuyuki Okuma
(Director, Senior Vice President, Corporate Strategic Planning and
Operations of Associated Companies)
Akihiro Matsuyama
(Director)
Masahiko Sagawa
(Director)
Shinji Harada
(Director, Executive Officer, General Affairs, Human Resources and
Public Relations)
Tadashi Kawagoishi
(Director, Executive Officer, Accounting and Finance)
Mitoji Yabunaka
(Director)
Hiroshi Obayashi
(Director (Attorney-at-law, Obayashi Law Office))
Kazunori Watanabe
(Director (Certified Public Account, Tax Accountant, Kazunori
Watanabe Certified Public Accountant & Tax Accountant Office))
Hiroko Koide
(Director)
Takashi Oyamada
(Senior Advisor, MUFG Bank, Ltd.) [new candidate]
Notes:
1)
Titles in parentheses are current positions and assignments at
Mitsubishi Electric and important concurrent positions at other
companies as of April 26.
2)
Messrs. Yabunaka, Obayashi, Watanabe, and Oyamada and Ms. Koide are
Outside Director candidates.
3)
Changes in executive officers were disclosed on February 21, 2019.
2. Retiring Director
Katsunori Nagayasu
(Director)
3. New Candidate
Takashi Oyamada (born November 2, 1955)
March 1979
Graduated from Faculty of Economics, The University of Tokyo
April 1979
Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.)
June 2015
Director and Deputy President, Mitsubishi UFJ Financial Group, Inc.
April 2016
President, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG Bank,
Ltd.) and Director, Mitsubishi UFJ Financial Group, Inc.
June 2017
Senior Advisor, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG
Bank, Ltd.)
For the full text, please visit: www.MitsubishiElectric.com/news/
View source version on businesswire.com: https://www.businesswire.com/news/home/20190425006072/en/
Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).