TechnoPro Holdings, Inc. at its board meeting approve the appointment of Toshihiro Hagiwara (currently serving as managing executive officer) as managing executive officer and CFO. This new appointment will take effect on July 1, 2019. Current director and CFO Mr. Hiroshi Sato is scheduled to resign as director upon the conclusion of his term at the end of the 14th General Shareholders' Meeting scheduled for September 27, 2019.

The appointment of Mr. Hagiwara as TechnoPro Holdings director is scheduled to be formalized upon presentation for consideration to the upcoming general shareholders' meeting.