NEWS DETAIL

  • Source : Press Release
  • Date : 2022-02-03
  • Companies : Tosoh Corp.

Tosoh Announces New Representative Director and President

Tokyo, Japan—Tosoh Corporation announces its new representative director and president as decided during a meeting of its Board of Directors held on February 3, 2022.

Implementation of the Company’s fiscal 2023 medium-term business plan will be overseen by a new management team, with the aim of further strengthening its earnings and business foundation and achieving further growth.

Details of the changes

1. President (effective March 1, 2022)

 

New

Previous

Mamoru Kuwada

Representative Director, President

Director, Executive Vice President

Toshinori Yamamoto

Director and Corporate Adviser

Representative Director, President

Mr. Yamamoto will remain on the Company’s Board of Directors until the next General Shareholders’ Meeting this June, after which, he will become a corporate advisor. 

2. The biography for the newly appointed president and representative director is as follows:

Mamoru Kuwada

Mamoru Kuwada graduated from Osaka University with a degree in polymer science before joining Tosoh Corporation in 1984. In 1999, he served in the company’s president’s office before being assigned to Tosoh’s Nanyo Complex where by 2007 he was serving as general manager of Isocyanate Raw Materials Manufacturing Operations.

In 2009, Mr. Kuwada moved to Tosoh’s Yokkaichi Complex, serving as assistant to the complex’s senior general manager and then as general manager of Specialty Materials Production.

Mr. Kuwada moved to Tosoh headquarters in 2012, joining Production and Technology Planning as well as joined its safety reform committee. In 2013, he became general manager of Production and Technology Planning and of the Company’s Facility Management.

In 2016, Mr. Kuwada was made a vice president of the Company, followed by being elevated to senior vice president in 2017 simultaneous with becoming senior general manager of the Company’s Polymers Division.

In June 2018, Mr. Kuwada was made senior general manager of the Yokkaichi Complex.

As of June 2020, Mr. Kuwada was made a director and executive vice president of Tosoh. He also became president of the Company’s Chlor-alkali Group and general manager of Purchasing & Logistics. And he was appointed general manager of the Cement Division in December of the same year.

In June 2021, Mr. Kuwada assumed the position of president of the Specialty Group. As of the end of December 2021, he held a total of 11,000 shares in Tosoh Corporation.

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 12,000 people. It generated net sales of ¥732.9 billion (US$6.9 billion at the average rate of ¥106.1 to the US dollar) in fiscal 2021, ended March 31, 2021.

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.