Tokyo, Japan—The Board of Directors of Tosoh Corporation passed a resolution concerning the changes of representative directors of the company, as detailed below, at the Board of Directors meeting on May 12, 2023.
This matter is set to be formalized at the 124th Ordinary General Meeting of Shareholders on June 23, 2023, and at the Board of Directors meeting to be held immediately thereafter on that date.
Detailed Information
1. Reason for changes
By resolution of the Board of Directors on May 10, 2013
2. Content of changes
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Name
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New Title
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Current Title
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Toru Adachi
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Representative Director
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Director
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Katsushi Tashiro
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Retirement
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Representative Director
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3. New representative director’s biography
Provided separately below.
4. Planned date of change
June 23, 2023
Biography of Toru Adachi
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Work History
1985 June
2016 June
2019 June
2020 June
2021 June
2022 March
2022 June
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Joined Tosoh Corporation
Vice president
Corporate Strategy, general manager
Senior vice president
Corporate Strategy, general manager
Director
Executive vice president
Petrochemical Group, president
Director
Executive vice president
Petrochemical Group, president
Engineering Group, president
Director
Executive vice president
Petrochemical Group, president
Chlor-alkali Group, president
Engineering Group, president
Director
Executive vice president
Petrochemical Group, president
Engineering Group, president
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Tosoh Shares Owned
(as of end of April 2023)
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21,000 shares
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TOSOH CORPORATION
Who We Are
Tosoh Corporation is the parent of the Tosoh Group, which comprises over 100 companies worldwide and a multiethnic workforce of over 14,000 people. It generated net sales of ¥1,064.4 billion (US$7.9 billion at the average rate of ¥135.5 to the US dollar) in fiscal 2023, ended March 31, 2023.
What We Do
Tosoh is one of the largest chlor-alkali manufacturers in Asia. The company supplies the plastic resins and an array of the basic chemicals that support modern life. Tosoh’s petrochemical operations supply ethylene, polyethylene, and functional polymers, while its advanced materials business serves the global semiconductor, display, and solar industries. Tosoh has also pioneered sophisticated bioscience systems that are used for the monitoring of life-threatening diseases. In addition, Tosoh demonstrates its commitment to a sustainable future in part by manufacturing a variety of eco-products.
Stock Exchange Ticker Symbol: 4042
DISCLAIMER
This document may contain forward-looking statements, including, without limitation, statements concerning product development, objectives, goals, and commercial introductions, which involve certain risks and uncertainties. Forward-looking statements are identified through the use of the word anticipates and other words of similar meaning. Actual results may differ significantly from the results expressed in forward-looking statements.