Nippon Sheet Glass Co., Ltd. ('Company' or 'NSG'), announces the proposed changes in the Company's Board of Directors as follows.
1. Changes in Board Membership
Messrs. Seiichi Asaka and Hiroshi Komiya are to retire from the Board at the end of Ordinary General Meeting of Shareholders to be held late June 2016, after serving as External Directors for six years since the appointment in June 2010, in accordance with the internal rules of the Company.
2. Profiles of Nominees
Yasuhiro Kimoto Date of Birth: 26 February 1949
[Profile]
1971
Jointed Sumitomo Bank (Current Sumitomo Mitsui Banking Corporation)
1998
Director
1999
Director and Executive Officer
2002
Director Senior Executive Officer
2004
Managing Director and Managing Executive Officer
2005
Senior Managing Director and Senior Managing Executive Officer
2005
Japan Research Institute, Limited
2006
President and CEO
2012
Senior Advisor
2012
Chairman, Olympus Corporation
2015
Non-Executive Auditor, DMG Mori Seiki Co., Ltd. (current)
Masatoshi Matsuzaki Date of Birth: 21 July 1950
[Profile]
1976
Joined Konishiroku Photo Industry Co., Ltd. (Current, Konica Minolta, Inc.)
1999
General Manager, System Development Division,
Office Document Company of Konica Corporation (Current, Konica Minolta, Inc.)
2002
General Manager, System Development Division/Product Planning Group Leader, Sales Dept., Office Document Company
2003
Director, Konica Minolta Business Technologies Inc.
2005
Executive Officer, Konica Minolta Holdings, Inc.
Representative Director and President, Konia Minolta Technology Center, Inc.
2006
Director and Senior Executive Officer,
Konica Minolta Holdings, Inc.
2009
Director, President and Chief Executive Officer, Representative Executive Officer, Konica Minolta Holdings, Inc.
2013
Director, President and Chief Executive Officer, Representative Executive Officer, Konica Minolta, Inc.
2014
Director and Chairman of the Board of Konica Minolta, Inc. (Current)
Chairman of Japan Business Machine and Information System Industries Association (Current)
2. Future arrangements
The proposed appointments above will be formally decided at the 150th Ordinary General Meeting of Shareholders to be held late June 2016. The number of External Directors, currently four, will not be affected by these changes.
The current External Directors are registered with the Tokyo Stock Exchange ('TSE') as Independent Directors. In addition to the criteria set by the TSE, the Company has more stringent criteria regarding the independence of Directors, considering their relationships with the NSG Group itself, its Directors, officers and/or major shareholders. All the four current External Directors and Messrs. Yasuyuki Kimoto and Masatoshi Matsuzaki meet the independence requirements of the TSE and NSG.
NSG - Nippon Sheet Glass Co. Ltd. issued this content on 25 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2016 00:38:37 UTC
Original Document: http://www.nsg.com/en/media/announcements-2016/changes-in-board-membership
Nippon Sheet Glass Company, Limited is mainly engaged in the manufacture and sale of glass products. The Company operates in four business segments. The Construction Glass segment provides sheet glass for construction material market and processed glass for interior and exterior uses. The Automobile Glass segment offers glass products for new automobile assembly and repair uses. The Functional Glass segment offers thin sheet glass for small displays, printer lens and optical components, as well as glass fiber products, such as battery separators and engine timing belt materials. The Other segment is involved in corporate management and other small businesses.
NIPPON SHEET GLASS COMPANY, LIMITED 
