Toyobo Co., Ltd. Approves Management Changes, Effective April 1, 2024
January 25, 2024 at 02:00 am EST
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Toyobo Co., Ltd. announced that it has resolved to change the representative directors at the meeting of the board of directors held on January 25, 2024. Reason for change: Due to change in the management structure. Change in Directors: Chikao Morishige, vice president and representative director (Co-COO) as vice president and director (Co-COO); Hiroshi Otsuki, representative director and senior managing executive officer (CFO) as director; Taichi Sakai, director and managing executive officer (CTO) as representative director and senior managing executive officer (CTO).
Effective date is April 1, 2024. Taichi Sakai: Date of Birth: November 26, 1962 (61 years old); Education: March 1986, Graduated from Faculty of Engineering, Doshisha University; Business Career: April 1986 Joined Toyobo Co., Ltd.; March 2012 General Manager of Production Technology Division; April 2016 Deputy Director, Senior General Manager of the Production Technology Division; April 2020 Deputy Director, Iwakuni Production Center; December 2020 Executive Officer; April 2023 Managing Executive Officer, CTO; June 2023 Director and Managing Executive Officer, CTO.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.
TOYOBO CO., LTD. 
