Notice of Change of Representative Director [ PDF : 165KB ]
November 02, 2016 at 12:12 am EDT
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(Translation)
Dear Sirs and Madams,
November 2, 2016
Name of Company:
Shiseido Company, Limited
Name of Representative:
Masahiko Uotani President and CEO (Representative Director)
(Code No. 4911; The First Section of the Tokyo Stock Exchange)
Contact:
Tetsuaki Shiraiwa Department Director
Investor Relations Department Corporate Communication Division (Tel: +81 3 3572 5111)
Notice of Change of Representative Director
Notice is hereby given that Shiseido Company, Limited (the "Company") will change its Representative Director as described below:
Name and Title of Retiring Representative Director Name: Toru Sakai
Current Title: Representative Director, Corporate Executive Officer
Reasons for the Change
The Company has an internal regulation about the upper limit of corporate officers' tenure which stipulate four-year limit in principle. In accordance with this internal regulation, Toru Sakai has decided to resign from office as Corporate Executive Officer and Representative Director.
Effective date
Toru Sakai is to be a Director effective on January 1, 2017 and to resign from his office at the closing of the 117th General Meeting of Shareholders scheduled to be held in the late March 2017. He will become an Advisor to the Company at the close of its 117th Ordinary General Meeting of Shareholders.
- End of News Release -
Shiseido Co. Ltd. published this content on 02 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 November 2016 04:12:05 UTC.
Original documenthttp://www.shiseidogroup.com/ir/pdf/ir20161102_277.pdf
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Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).