FOR IMMEDIATE RELEASE

March 31, 2017

Company Name: Leopalace21 Corporation

Representative: Eisei Miyama, President and CEO

Code Number: 8848 (Tokyo Stock Exchange, First Section) Contact: Bunya Miyao, Director

Tel: +81-3-5350-0216

E-mail: ir@leopalace21.com

Notice Concerning Revision in Organization Structure and Appointments of Directors and Executive Officers

Leopalace21 Corporation ("the Company") announces the following revision in organization structure and appointments of Directors and Executive Officers.

  1. Revision in organization structure as of April 1, 2017

    The Hotels and Resort Department will be transferred from the Management Planning Headquarters to the Marketing and Sales Headquarters, and the Market Development Department will be newly established inside the Corporate Business Promotion Headquarters.

    The Company will continue to implement a four-headquarter system comprised of the Marketing and Sales Headquarters, Corporate Business Promotion Headquarters, Management Planning Headquarters, and Management Headquarters. Along with the auditing department and work-life balance promotion office placed outside these headquarters, the Company will promote its corporate philosophy of "Creating New Value."

  2. Appointments of Executive Officers as of April 1, 2017

    Deputy General Manager of the Management Headquarters

    Managing Executive Officer Hiromi Ito

    (Current position: Resona Business Service Co., Ltd.)

    Executive Officer Kazunori Tanimoto

    Deputy Department Manager of the Construction Subcontracting Department General Manager of Construction, Construction Subcontracting Department (incumbent)

    Executive Officer Minoru Wada

    General Manager of Product Technology, Corporate Business Promotion Headquarters

    Executive Officer Yoshiyuki Ichikawa

    Deputy Department Manager of the Leasing Department

    General Manager of Asset Management, Leasing Department (incumbent)

    Executive Officer Hidetoshi Hara

    General Manager of Public Relations, Management Planning Headquarters (Current position: KYODO NEWS)

  3. Reassignments of Directors and Executive Offices as of April 1, 2017

    New Position Former Position

    Director, Senior Executive Officer General Manager of the Management

    Planning Headquarters Yuzuru Sekiya

    Director, Senior Executive Officer General Manager of the Management Planning Headquarters

    General Manager of the Hotels and Resort Business Division (incumbent)

    Director, Managing Executive Officer President and CEO of WING MATE CO., LTD.

    Yoshikazu Miike

    Director, Managing Executive Officer Deputy General Manager of the Hotels and Resort Business Division

    Executive Officer

    Senior Director of Morizou Co., Ltd.

    Hideki Matsunaga

    Executive Officer

    Deputy Department Manager of the Construction Subcontracting Department

  4. Appointment of Representative Director of Subsidiary as of April 1, 2017

President and CEO of Life Living Co., Ltd.

Hideki Suzuki

Promoted from Director of Life Living Co., Ltd.

END

Leopalace21 Corporation published this content on 31 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 March 2017 06:04:11 UTC.

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