Directors

Skills matrix for Directors

Our basic policy is that the Board of Directors shall consist of internal directors who have professional expertise and knowledge that they can leverage for business management, research and development, production, sales, and services from a global perspective regardless of gender or nationality, and external directors who can provide opinions and raise questions from a professional and independent standpoint, so that the Board can perform appropriate and flexible decision-making on the Company’s business activities and supervision of their execution.

Directors (excluding Directors who are Audit & Supervisory Committee Members)

Name		Gender	Expertise and experience
Name		Gender	Corporate management	Finance/ Accounting	Legal affairs/ Risk management/ Compliance	Global	Sales/ Marketing	R&D/ Manufacturing
	Tsutomu Isobe	Male	○	○	○	○
	Takaaki Yamanashi	Male	○		○	○		○
	Masakazu Aoki External Independent	Male	○		○	○		○
	Yoshiko Fujii External Independent	Female		○		○

Directors who are Audit & Supervisory Committee Members

Name		Gender	Expertise and experience
Name		Gender	Corporate management	Finance/ Accounting	Legal affairs/ Risk management/Compliance	Global	Sales/ Marketing	R&D/ Manufacturing
	Kazuhiko Miwa	Male	○	○	○
	Hiroyuki Sasa External Independent	Male	○		○	○	○	○
	Akiko Mochizuki External Independent	Female			○

Participation in meetings of the Board of Directors and Voluntary Advisory Committees

Name	Title	Memberships	Meeting Attendance in Fiscal 2025
			Board of Directors	Voluntary Advisory Committees
			Board of Directors	Nomination	Compensation
Tsutomu Isobe	Representative Director, Chairman	Chairman of the Board of Directors	9/9 meetings	5/5 meetings	4/4 meetings
Takaaki Yamanashi	Representative Director, President		9/9 meetings	—	—
Kazuhiko Miwa	Director, Audit & Supervisory Committee Member		9/9 meetings	—	—
Masakazu Aoki	External Director		7/7 meetings	3/4 meetings	2/2 meetings
Hiroyuki Sasa	External Director, Audit & Supervisory Committee Member		9/9 meetings	5/5 meetings	4/4 meetings
Yoshiko Fujii	External Director		—	—	—
Akiko Mochizuki	External Director, Audit & Supervisory Committee Member		7/9 meetings	—	—

Notes: Meeting attendance for Masakazu Aoki is shown after his appointment, since he was elected and assumed office at the 87th Ordinary General Meeting of Shareholders held on June 26, 2025.

External directors

The Company has elected four independent external directors in order to further enhance and strengthen its corporate governance. The external directors are elected according to the Independence Standards for Outside Officers set by the Company, ensuring the selection of those who do not pose any risk of a conflict of interests with general shareholders, and who are unable to be significantly influenced by the management and are unable to significantly influence the management.

Reason for selection of external officers

Directors (excluding Directors who are Audit & Supervisory Committee Members)

Name	Reason for selection
Masakazu Aoki	Mr. Masakazu Aoki, who served as Representative Executive Officer, Executive Vice President at Hitachi, Ltd., possesses insight as a business manager of a global corporation as well as broad knowledge of technologies and development in manufacturing business. From that perspective, he is overseeing business execution appropriately as External Director of the Company, such as by actively expressing his opinions at the Board of Directors meetings. As a member of the Nomination Committee and the Compensation Committee, he attends meetings of these committees, where he gives timely and appropriate opinions. Therefore, we have nominated Mr. Aoki as an External Director, expecting that he will appropriately perform his duties based on his experience and knowledge.
Yoshiko Fujii	Ms. Yoshiko Fujii has advanced expertise and broad knowledge in corporate finance and business management,having held important positions and served as an Executive Officer in the finance and corporate planning departments at ORIX Corporation, as well as having served as CFO and Executive Officer at multiple companies. Therefore, we have nominated Ms. Fujii as an External Director, expecting that she will appropriately perform her duties based on her experience and knowledge.

Name

Reason for selection

Masakazu Aoki

Mr. Masakazu Aoki, who served as Representative Executive Officer, Executive Vice President at Hitachi, Ltd., possesses insight as a business manager of a global corporation as well as broad knowledge of technologies and development in manufacturing business. From that perspective, he is overseeing business execution appropriately as External Director of the Company, such as by actively expressing his opinions at the Board of Directors meetings. As a member of the Nomination Committee and the Compensation Committee, he attends meetings of these committees, where he gives timely and appropriate opinions. Therefore, we have nominated Mr. Aoki as an External Director, expecting that he will appropriately perform his duties based on his experience and knowledge.

Yoshiko Fujii

Ms. Yoshiko Fujii has advanced expertise and broad knowledge in corporate finance and business management,having held important positions and served as an Executive Officer in the finance and corporate planning departments at ORIX Corporation, as well as having served as CFO and Executive Officer at multiple companies. Therefore, we have nominated Ms. Fujii as an External Director, expecting that she will appropriately perform her duties based on her experience and knowledge.

Directors who are Audit & Supervisory Committee Members

Name	Reason for selection
Hiroyuki Sasa	Mr. Hiroyuki Sasa, who served as Representative Director, President at Olympus Corporation, possesses insight as a business manager of a global corporation as well as broad knowledge of technologies and development in manufacturing business. From that perspective, he is overseeing business execution appropriately as External Director of the Company, such as by actively expressing his opinions at the Board of Directors meetings. As a Chairman of the Nomination Committee and a member of the Compensation Committee, he attends meetings of these committees, where he gives timely and appropriate opinions. Therefore, we have nominated Mr. Sasa as an External Director who is an Audit & Supervisory Committee Member, having determined that he is capable of appropriately auditing the Company’s management based on his experience and knowledge.
Akiko Mochizuki	Ms. Akiko Mochizuki is a lawyer who has broad experience and expertise. In addition, she possesses in-depth insight from the perspective of human rights protection, such as by having been dedicated to public-interest activities. Therefore, although Ms. Mochizuki has never been directly involved in the management of a company, we have nominated her as an External Director who is an Audit & Supervisory Committee Member, having determined that she is capable of appropriately auditing the Company’s management based on her experience and knowledge.

Name

Reason for selection

Hiroyuki Sasa

Mr. Hiroyuki Sasa, who served as Representative Director, President at Olympus Corporation, possesses insight as a business manager of a global corporation as well as broad knowledge of technologies and development in manufacturing business. From that perspective, he is overseeing business execution appropriately as External Director of the Company, such as by actively expressing his opinions at the Board of Directors meetings. As a Chairman of the Nomination Committee and a member of the Compensation Committee, he attends meetings of these committees, where he gives timely and appropriate opinions. Therefore, we have nominated Mr. Sasa as an External Director who is an Audit & Supervisory Committee Member, having determined that he is capable of appropriately auditing the Company’s management based on his experience and knowledge.

Akiko Mochizuki

Ms. Akiko Mochizuki is a lawyer who has broad experience and expertise. In addition, she possesses in-depth insight from the perspective of human rights protection, such as by having been dedicated to public-interest activities. Therefore, although Ms. Mochizuki has never been directly involved in the management of a company, we have nominated her as an External Director who is an Audit & Supervisory Committee Member, having determined that she is capable of appropriately auditing the Company’s management based on her experience and knowledge.

Information provision and support system for external officers

The Company conducts preliminary briefings before meetings of the Board of Directors for external officers in order to stimulate discussion at Board meetings. In addition, the Company also provides preliminary information necessary for deliberations at Board of Directors’ meetings by holding tours of business sites, plants, and other major locations for external officers, as well as business briefings on an irregular basis.
It is also the Company’s policy to utilize outside education and training to provide the basic knowledge necessary for directors to perform their duties, and the Company pays for the cost of such training to assist directors and Audit & Supervisory Board members in deepening their understanding of their respective roles and responsibilities.