Announcement of Personnel Change

Tokyo, June 15, 2017 - TOA Corporation (Headquarters:Kobe,Japan; Chairman and CEO: Kenji Itani) is to implement the following personnel change, effective as of June 22, 2017.

Name / New position

Takefumi Nishigaki
Executive Officer of TOA Corporation and
Executive Manager of Research and Development Division

Takeshi Yamada
Executive Officer of TOA Corporation and
Executive Manager of Domestic Marketing Division and
Executive Manager of Domestic Sales Division