AUTOBACS SEVEN Announces Organizational and Personnel Changes

Transcription

1 AUTOBACS SEVEN Announces Organizational and Personnel Changes January 31, 2018 (Translation of Major Points of Japanese Release) January 31, 2018 (Tokyo, Japan) - AUTOBACS SEVEN Co., Ltd. ( the Company, Representative Director and CEO: Kiomi Kobayashi) announces that it has passed a resolution at a meeting of its Board of Directors held today, to make the following organizational and personnel changes. 1. Purpose of the changes To focus on the key measures of the medium-term business plan and to speed up actions on customer value-adding initiatives, the Company changes its organizational structure as follows. 1) All officers of the Domestic AUTOBACS Business report directly to the Chief AUTOBACS Chain, to improve efficiency and ensure quick decision making of actions and tasks that relate to the entire domestic AUTOBACS business. 2) Put together the business planning functions into Office of the President that reports directly to the Chief Executive, to integrate all aspects of business planning within the Company. 3) BtoB Business and Car Dealer Business, Internet Business and Overseas Business report directly to the Chief Executive, to enable quick action on significant issues. 2. Organizational Changes (effective April 1, 2018) 1) Changes in Management Structure For Domestic AUTOBACS Business: 1 Eastern Japan Operation Planning, Hokkaido Area Operation, Tohoku Area Operation, Tokyo and Chiba Area Operation, Kanagawa and Shizuoka Area Operation, Northern Kanto Area Operation and Koshin-etsu Area Operation to report to newly established Eastern Japan Region Headquarters. 2 Western Japan Operation Planning, Hokuriku Area Operation, Tokai Area Operation, Osaka, Wakayama, Kyoto, Shiga and Nara Area Operation, Western Hyogo and San-in Area Operation, Chugoku and Shikoku Area Operation and Kyushu Area Operation to report to newly established Western Japan Region Headquarters. 3 Divide ICT Devices and Car Electronics into Car Electronics and Digital Transformation & Services, and both to report to newly established Merchandising. 4 Merchandising Strategy, Tires, Oil & Batteries and Wheels & Motor Sports Goods and Car Accessories to report to newly established Merchandising. 5 Newly establish AUTOBACS CARS Company Owned Store Operation that is to operate and manage the AUTOBACS CARS Company Owned Store, and to report to CARS Business.

2 6 Newly establish Lifestyle Merchandise No.1 *1) and Lifestyle Merchandise No.2, *2) and both to report to Marketing. *1) Responsible for developing merchandise of automotive lifestyle brand such as JACK & MARIE, JKM and GORDON MILLER, and operating of JACK & MARIE stores *2) Responsible for developing merchandise of outdoor goods such as camping and hiking items 7 AUTOBACS Business Planning, Merchandise Management and Distribution Planning and Management to report to newly established AUTOBACS Business Planning. 8 Abolish Merchandise Development and transfer its function to Merchandising Strategy and each merchandise department. For BtoB Business, Car Dealer Business and Internet Business: 9 Name change BtoB to BtoB Business, and to report to newly established BtoB Business and Car Dealer Business. 10 Newly establish Car Dealer Business, and to report to newly established BtoB Business and Car Dealer Business. 11 Internet Business to report to newly established Internet Business. 12 Abolish Automobile Business and transfer its function to CARS Business, AUTOBACS CARS Company Owned Store Operation and Car Dealer Business. For Corporate Administration: 13 Business Development to report to Office of the President, Business Planning. 14 Newly establish Next Generation Business Project that is to search and examine the range of new businesses and business opportunities on a long -term perspective, and to report to Office of the President, Business Planning. <Summary of the Changes in Management Structure> Domestic AUTOBACS New Current Description 1 Eastern Japan Operation Planning Hokkaido Area Operation Tohoku Area Operation Tokyo and Chiba Area Operation Kanagawa and Shizuoka Area Operation Northern Kanto Area Operation

3 New Current Description Koshin-etsu Area Operation 2 Western Japan Operation Planning Hokuriku Area Operation Tokai Area Operation Osaka, Wakayama, Kyoto, Shiga and Nara Area Operation Western Hyogo and San-in Area Operation Chugoku and Shikoku Area Operation Kyushu Area Operation 3 Car Electronics Digital Transformation & Services ICT Devices and Car Electronics divide 4 Merchandising Strategy Tires, Oil & Batteries and Wheels & Motor Sports Goods Car Accessories 5 AUTOBACS CARS Company Owned Store Operation - new establishment 6 Lifestyle Merchandise No.1 - new establishment Lifestyle Merchandise No.2-7 AUTOBACS Business Planning 8 - Distribution Planning and Management Merchandise Management BtoB, Car Dealer and Internet Merchandise Development abolition and transfer of function 9 BtoB Business BtoB name change and 10 Car Dealer Business - new establishment 11 Internet Business 12 - Automobile Business abolition and transfer of function Corporate 13 Business Development 14 Next Generation Business Project - new establishment 2) Changes in s titles and duties For Domestic AUTOBACS Business: 1 Eastern Japan Region Headquarters (new title), Western Japan Region Headquarters

4 (new title), Merchandising (new title), CARS Business, Statutory Safety Inspections and Services, Marketing, Store Model Development and AUTOBACS Business Planning (new title) to report to Chief AUTOBACS Chain. 2 Abolish the titles of Eastern Japan Region Headquarters Head, Western Japan Region Headquarters Head, Merchandising Head and AUTOBACS Business Planning Head. For Overseas Business: 3 Overseas Business to report to Chief Executive. 4 Abolish the title of Overseas Business Head. For BtoB Business, Car Dealer Business and Internet Business: 5 BtoB Business and Car Dealer Business (new title) and Internet Business (new title) to report to Chief Executive. 6 Abolish the title of New Business Development Head. For Corporate Administration: 7 Corporate Administration (new title) to report to Chief Executive. 8 Consolidate the duties of Office of the President, Overseas Business Planning and New Business Planning to Office of the President and Business Planning that reports to Chief Executive. 9 Human Resources, General Affairs & Internal Control, Information Technology Strategy and Internet Business and Finance & Accounting and Legal to report to Corporate Administration. 10 Abolish the title of Corporate Administration Head. <Summary of Changes in s titles and duties> New Title Current Title Description Domestic AUTOBACS 1 Eastern Japan Region Headquarters 2 - Western Japan Region Headquarters Merchandising - AUTOBACS Business Planning - - new - CARS Business change of reporting line Statutory Safety Inspections and Services Marketing Store Model Development Eastern Japan Region Headquarters Head Western Japan Region Headquarters Head abolish

5 Overseas New Title Current Title Description Merchandising Head AUTOBACS Business Planning Head 3 Overseas Business change of reporting line 4 - Overseas Business Head abolish BtoB, Car Dealer and Internet 5 BtoB Business and Car Dealer Business 6 - Corporate Internet Business - - new New Business Development Head 7 Corporate Administration - new 8 Office of the President and Business Planning 9 Human Resources, General Affairs & Internal Control, Information Technology Strategy and Internet Business Finance & Accounting and Legal Office of the President Overseas Business Planning New Business Planning abolish consolidation 10 - Corporate Administration Head abolish 3. Changes in Personnel (effective April 1, 2018) Name New position Current position Kiomi Kobayashi Teruyuki Matsumura Isao Hirata Eiichi Kumakura Yugo Horii Representative Director and Chief Executive, Chief AUTOBACS Chain Director and Senior Managing Executive, BtoB Business and Car Dealer Business Director and Senior Managing Executive, Corporate Administration Director and Senior Executive, Western Japan Region Headquarters Director and Senior Executive, Office of the President and Business Planning, and AUTOBACS Business Planning Masaru Sasaki Senior Executive, Merchandising Shinichi Fujiwara Shinya Kurahayashi Ryotaro Yamazoe Senior Executive, Eastern Japan Region Headquarters, CARS Business, Store Model Development and Representative Director of ABT Marketing Co., Ltd. change of reporting line Representative Director and Chief Executive, Chief AUTOBACS Chain and Head of AUTOBACS Business Planning Director and Senior Managing Executive, Head of Overseas Business and New Business Development Director and Senior Managing Executive, Head of Corporate Administration and Representative Director of ABT Marketing Co., Ltd. Director and Senior Executive, Head of Western Japan Region Headquarters Director and Senior Executive, Office of the President and Overseas Business Planning Senior Executive, Head of Merchandising Senior Executive, Head of Eastern Japan Region Headquarters, CARS Business, New Business Planning and New Business, Store Model Development

6 Name New position Current position Kazushige Hojo Takayuki Kawazoe Yasutaka Kurosawa Takayuki Fukunaga Masaaki Yatsuzuka Tetsuya Chiwaki Kenji Oka Tomohiro Habata Koji Takamatsu Nobuhiko Murakoshi Kunio Nakazawa Nobuo Ito Hiroyuki Takano Hisamitsu Kubota Junichi Tanabe Mitsuya Minatogawa Takashi Matsumoto, Human Resources, General Affairs & Internal Control, Information Technology Strategy and Internet Business Eastern Japan Operation Planning Area Hokkaido Area Operation Car Electronics Digital Transformation & Services CARS Business AUTOBACS CARS Company Owned Store Operations Marketing Lifestyle Merchandise No.1 Lifestyle Merchandise No.2 Store Model Development Information Technology Strategy Finance & Accounting General Manager BtoB Business Car Dealer Business Corporate Planning and IR & PR Store General Manager SUPER AUTOBACS Tokyo Bay Shinonome, Human Resources, General Affairs & Internal Control and Information Technology Strategy Store Model Development Shinwa Co., Ltd. (secondment) Group Manager, Eastern Japan Operation Planning ICT Devices and Car Electronics Merchandise Development Area Hokkaido Area Operation Eastern Japan Operation Planning Marketing CARS Business Store SUPER AUTOBACS Tokyo Bay Shinonome Group Manager, Information Technology Strategy Group Manager, Finance & Accounting BtoB Automobile Business Corporate Planning Store Manager SUPER AUTOBACS Tokyo Bay Shinonome Disclaimer: Please note that this document is a summary translation of the Japanese press release and prepared for reference purposes only. We do not assure the correctness or completeness of this summary translation. Please note that this summary translation may be amended without notice, or be pulled from our website for such amendment purpose, etc., at our own discretion.