Takara Holdings Inc. at its Board of Directors meeting held on May 9, 2016, has approved to implement changes in senior management. Mutsumi Kimura, who’s current positon is a Director, is newly positioned as Executive Vice President and Representative Director. Mutsumi Kimura continuing in Operational Management, Investor Relations, Personnel, Accounting & Shared Services, Business Support & IT Promotion. Mutsumi Kimura previously worked as a Director, Takara Holdings Inc. (incumbent) and Senior Managing Director, Takara Shuzo Co. Ltd. (incumbent). Tadashi Ohmiya announced his resignation as Vice Chairman and Representative Director. Both changes are scheduled for June 29, 2016. These resolution will receive final approval at the general shareholders' meeting scheduled to be held on June 29, 2016, and the following meeting of the Board of Directors.