Press Release (Translation only)

May 11, 2017

Company:

Daiwa House Industry Co., Ltd. (Code number: 1925,

First Section of the Tokyo Stock Exchange)

Representative:

Naotake Ohno, President and COO

Notice of Changes to Representative Directors, Directors, and Audit and Supervisory Board Members

Daiwa House Industry Co., Ltd. ("the Company") announces that at a meeting of the Board of Directors held on May 11, 2017, the following changes to Representative Directors as well as Directors, and Audit and Supervisory Board Members were approved.

These changes will be officially determined at the 78th Ordinary General Meeting of Shareholders to be held on June 29, 2017 and at the subsequent Board of Directors Meeting.

  1. Change of Representative Director (as of June 29)

    New title

    Current title

    Name

    Will resign as Representative Director and Senior Managing Executive Officer and be appointed to Audit and Supervisory Board Member

    Representative Director and Senior Managing Executive Officer

    Head of Technology

    Deputy Head of Information Systems Head of Urban and Residential Area Development Businesses

    Tatsushi Nishimura

    Representative Director and Senior Managing Executive Officer

    Head of Technology

    Head of Production and Procurement Head of Technology, Overseas Business

    Director and Senior Managing Executive Officer

    Head of Production and Procurement Deputy Head of Technology

    Head of Technology, Overseas Business

    Kazuto Tsuchida

  2. Profile of new Representative Director, Kazuto Tsuchida

    Date of birth

    Career summary

    No. of shares held

    (thousand)

    July 27, 1952

    Apr. 1976 Joined the Company

    Apr. 2004 Appointed to Executive Officer

    Apr. 2007 Appointed to Senior Executive Officer

    June 2009 Appointed to Director and Senior Executive Officer Apr. 2010 Appointed to Director and Managing Executive Officer

    Deputy Head of Technology (current)

    Apr.2016 Appointed to Director and Senior Managing Executive Officer (current)

    31

    Apr. 2017 Head of Production and Procurement(current)

    Head of Technology, Overseas Business (current)

  3. Changes to Directors, and Audit and Supervisory Board Members (as of June 29)

New title

Current title

Name

Will be appointed to Director and Managing Executive Officer

General manager, Construction Business Head of Construction Business

Managing Executive Officer

General manager, Construction Business Head of Construction Business

Tatsuya Urakawa

Will be appointed to Director and Managing Executive Officer

Head Office Manager

Deputy Head of Marketing Division Division General Manager, Kansai Regional Business Unit

General Manager of Retail and Wholesale Facilities Operations

(West Japan)

Managing Executive Officer Head Office Manager

Deputy Head of Marketing Division Division General Manager, Kansai Regional Business Unit

General Manager of Retail and Wholesale Facilities Operations

(West Japan)

Kazuhito Dekura

Will be appointed to Director and Managing Executive Officer

Head of Central Research Laboratory, Technology Division

Head of Housing-related Product Development

Senior Executive Officer

Head of Central Research Laboratory, Technology Division

Head of Housing-related Product Development

Yoshinori Ariyoshi

Will resign as Part-time Director

Daiwa Logistics Co., Ltd. Chairman and CEO

Part-time Director

Daiwa Logistics Co., Ltd. Chairman and CEO

Takuya Ishibashi

Will resign as Part-time Director

Daiwa Living Co., Ltd. Chairman and CEO

Part-time Director

Daiwa Living Co., Ltd. Chairman and CEO

Masahiro Kiguchi

Will resign as Outside Audit and Supervisory Board Member

Outside Audit and Supervisory Board Member

Kiichiro Iwasaki

Inquiries

PR Planning, PR Group: +81663421381 Tokyo PR Group: +81352142112

Daiwa House Industry Co. Ltd. published this content on 11 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2017 06:16:23 UTC.

Original documenthttp://www.daiwahouse.com/English/ir/ir_news/pdf/dh_irnewsE170511-3.pdf

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