United Arrows Ltd. announces that the Board of Directors meeting held on March 24, 2023 resolved to revise its corporate management framework and decided to implement the following framework of Directors and Executive Officers, effective April 1, 2023. Simultaneously, the Company has decided on organizational reform. Current Title is listed only where changes have been made. Organizational reform: Approximately one year has passed since the Company implemented a drastic organizational reform from the former business unit system to the functional division system on April 1, 2022. For the primary purpose of correcting issues that have emerged from the functional division system, the Company has decided on the following organizational reform from (1) to (7). Abolition of the Group system: While the functional division system will remain in place, the Group system, comprised of the three , ,
groups: The CX GROUP the CREATIVE GROUP, and the DX GROUP will be abolished and reorganized to a structure that will enable faster decision-making. Reorganization of sales divisions: With the aim offering more support to stores, the United Arrows Sales Div., Beauty & Youth
Sales Div. and Green Label Relaxing Sales Div. will be reorganized to the United Arrows Dept., the Beauty & Youth Dept. and the Green Label Relaxing Dept. directly under the Sales Div. Additionally, the sales strategy function of each division will be integrated into one department to standardize
business processes. The Store Operation Center will be renamed the Store Support Dept. Elevation of CITEN Section to department: The CITEN Section in the Small Business Unit Dept. under the Brand Business Div. will be changed to the CITEN Dept. for medium-term growth expansion, including opening physical stores. Elevation of Outlet Dept. to division: The Outlet Dept. under the Supply Chain Management Div. will be separated as the Outlet Div. due to the increased importance of outlet-specific merchandise and the promotion of sustainability strategies. Change to the name of the Marketing Div. and Digital Commerce Dept. In order to double down on medium-term OMO strategy, the Marketing Div. will be renamed the OMO Div. Simultaneously, the Digital Commerce Dept. will be renamed the E-Commerce Dept. Transfer and elevation to department with store development function: The store development function of the Store Operation Center will be transferred to the Corporate Strategy Div. as the Store Development Dept. to advance medium-term store opening strategy from a corporate perspective. Division, transfer, etc. of functions of Research and Development Center: The license and new business development function and the fashion marketing function that the Research and Development Center is responsible for will be divided. The license and new business development function will be transferred as the New Business Development Office to the
department that directly reports to the President, thereby reinforcing new, medium-term business development. The fashion marketing function will be transferred to the Men's Merchandising Div. and the Women's Merchandising Div.