Obayashi Corporation announced the retirement of Shozo Harada as Representative Director (on February 28, 2018). After becoming a Director not serving concurrently as an Executive Officer on March 1, 2018, he is scheduled to retire from the position of Director and assume the position of Advisor of the Corporation at the conclusion of the Ordinary General Meeting of Shareholders held at the end of June 2018. The company further announced the retirement of Makoto Kishida, Akihisa Miwa, Jiro Otsuka, they are currently, Director, Senior Managing Executive Officer. Makoto Kishida and Akihisa Miwa, after becoming a Director not serving concurrently as an Executive Officer on March 1, 2018, they are scheduled to retire from the position of Director and assume the position of Advisor of the Corporation at the conclusion of the Ordinary General Meeting of Shareholders held at the end of June 2018. Jiro Otsuka, after becoming a Director, Senior Managing Executive Officer on March 1, 2018, he will retire from the position of Director at the conclusion of the Ordinary General Meeting of Shareholders held at the end of June 2018. He is scheduled to continue serving as a Senior Managing Executive Officer. The company further announced retirement of that Masaru Mizuno as Standing Audit & Supervisory Board Member, Yasutaka Kakiuchi as Currently, Audit & Supervisory Board Member and Hiroshi Muraoas Audit & Supervisory Board Member.