NTN Corporation (hereafter, the Corporation) announced that at the Board of Directors meeting held on February 26, 2024, the Company has made its decision of the following change of Executive Officers effective April 1, 2024.

1.New Executive Officer (as of April 1, 2024)

Ikuya Tateoka    (Current position: Deputy Corporate General Manager of Automotive Business HQ., and General Manager of Axel Product Unit, Automotive Business HQ.)    

Masayuki Tanio    (Current position: General Manager of Office of General Manager ASEAN, Oceania & West Asia Region)    

Yoshiyasu Nakano    (Current position: Deputy Corporate General Manager of Automotive Business HQ., and General Manager of Okayama Works, Automotive Business HQ.)    

2.Change of Assignments (as of April 1, 2024)

Name

Position

New Assignments

Current Assignments

Hideaki Miyazawa    Representative Executive Officer,
Executive Officer    

Corporate General Manager, CVJ & Axle Bearing Business HQ.

Americas Region

   Corporate General Manager, Automotive Business HQ.    

Hiroyuki Ichikawa    Executive Officer    

Quality HQ.

Composite Material Product Division

India Region

Deputy Corporate General Manager, Automotive Business HQ.

Composite Material Product Division

Masayuki Kaimi    Executive Officer    

Corporate General Manager, SCM Strategy HQ.
[Procurement Dept., Logistics Administration Dept., Trade Management Dept., Production Strategy & Control Dept., Production Reform Dept., Supply & Demand Control Dept.]

China Region

Production Engineering HQ.

Corporate General Manager, SCM Strategy HQ.
[Procurement Dept., Logistics Administration Dept., Trade Management Dept., Production Strategy & Control Dept., Production Reform Dept., Supply & Demand Control Dept.]

China Region

Production Engineering Development HQ.

Yasuhiro Kawabata    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Human Resources Strategy Dept.

Personnel Dept.

General Affairs Dept.

Legal Dept.

Deputy Corporate General Manager, Group Management HQ.

Human Resources Strategy Dept.

Personnel Dept.

General Affairs Dept.

Shumpei Kinoshita    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Corporate Strategy Dept.

ESG Promotion Dept.

Carbon Neutrality Strategy Promotion Dept.

Internal Control Dept.

Deputy Corporate General Manager, Group Management HQ.

Corporate Strategy Dept.

ESG Promotion Dept.

Carbon Neutrality Strategy Promotion Dept.

Koji Takahashi    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Corporate Communications Dept.

ICT Strategy Dept.

Green Energy Products Division

ICT Strategy Dept.

Etsu Harima    Executive Officer    

Corporate General Manager, Bearing Business HQ.

NTN KOREA CO., LTD.

ASEAN, Oceania and West Asia Region

Aftermarket Business HQ.

Industrial Business HQ.

Quality Assurance HQ.

NTN KOREA CO., LTD.

ASEAN, Oceania & West Asia Region

India Region

3.Executive Officers to be resigned (as of March 31, 2024)

Masaki Egami    (Current Executive Officer)    

Takanobu Ozawa    (Current Executive Officer)    

Reference: Executive Officers (as of April 1, 2024)

Name

Position

Assignments

Eiichi Ukai*    Representative Executive Officer,
President, Executive Officer    

CEO (Chief Executive Officer)

Corporate General Manager, Group Management HQ.

Hideaki Miyazawa*    Representative Executive Officer,
Executive Officer    

Corporate General Manager, CVJ & Axle Bearing Business HQ.

Americas Region

Hiroyuki Ichikawa    Executive Officer    

Quality HQ.

Composite Material Product Division

India Region

Masayuki Kaimi    Executive Officer    

Corporate General Manager, SCM Strategy HQ.
[Procurement Dept., Logistics Administration Dept., Trade Management Dept., Production Strategy & Control Dept., Production Reform Dept., Supply & Demand Control Dept.]

China Region

Production Engineering HQ.

Yasuhiro Kawabata    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Human Resources Strategy Dept.

Personnel Dept.

General Affairs Dept.

Legal Dept.

Shumpei Kinoshita*    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Corporate Strategy Dept.

ESG Promotion Dept.

Carbon Neutrality Strategy Promotion Dept.

Internal Control Dept.

Koji Takahashi    Executive Officer    

Deputy Corporate General Manager, Group Management HQ.

Corporate Communications Dept.

ICT Strategy Dept.

Ikuya Tateoka    Executive Officer    

Deputy Corporate General Manager, CVJ & Axle Bearing Business HQ.

General Manager, Business Strategy Unit, CVJ & Axle Bearing Business HQ.

Masayuki Tanio    Executive Officer    

Deputy Corporate General Manager, Bearing Business HQ.

General Manager, Business Strategy Unit, Bearing Business HQ.

Yoshiyasu Nakano    Executive Officer    

CTO (Chief Technology Officer)

Research Division
[Fundamental Technology R&D Center, CAE R&D Center]

Innovation & Business Development HQ.

New Product and Business Strategy Planning Dept.

Intellectual Property Strategy Dept.

Etsu Harima    Executive Officer    

Corporate General Manager, Bearing Business HQ.

NTN KOREA CO., LTD.

ASEAN, Oceania & West Asia Region

Masaaki Yamamoto*    Executive Officer    

CFO (Chief Financial Officer)

Deputy Corporate General Manager, Group Management HQ.

Financial Strategy Dept.

Accounting Dept.

Europe & Africa Region

* appointed as a Director as well