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News Releases

February 4,2004
NACHI-FUJIKOSHI CORP.

Organizational Reform and Personnel Changes

NACHI-FUJIKOSHI CORP. will strengthen the management structure to utilize the synergy of business, technology and marketing, to develop Nachi Business in the global market as the whole Nachi group, and to achieve the medium term management plan 2006, "Prospect of Nachi Business" for the fiscal years from 2004 to 2006. We will perform the organizational reform and personnel changes mainly in executives to reinforce the strategy planning function, to develop human resources, and to respond to the customers' needs for advanced technology.

Changes in the responsibilities of directors as of February 20, 2004

The number of directors will be increased by one to 16 persons to strengthen the management structure and reduce average age. Directors will be newly in charge of automobile marketing, marketing in China and group management to expand core fields and growing market, and to reinforce the group management.

(New) (Old)
Teruo Akashi
Vice President (promotion)
In charge of automobile marketing
Deputy general manager of Development
  Headquarters
Deputy general manager of Production
  Management Headquarters
In charge of quality assurance
Deputy general manager of Development
  Headquarters
Deputy general manager of Production
  Management Headquarters
In charge of precision component
  business and quality assurance
Hiroo Honma
Vice President (promotion)
General manager of Marketing Strategy
  Headquarters
In charge of marketing, precision
  component business and marketing in Asia
Deputy general manager of Marketing
  Strategy Headquarters
In charge of marketing, and marketing
  in eastern Japan Secondarily in charge
  of precision component business
Hideki Kasahara
Managing Director
In charge of finance, general administration,
  procurement, group management and risk management
In charge of finance, general administration,
  procurement, and risk management
Yukihiko Tanaka
Managing Director (promotion)
General manager of Production Management
  Headquarters
In charge of precision component business,
  environment and safety
General manager of Precision Component
  Division
Fumihide Hidano
Managing Director (promotion)
In charge of machine and cutting tool
  business, material business, and marketing in western Japan
General manager of Machine and Cutting
  Tool Division
Noriyasu Shiba
Managing Director (promotion)
In charge of corporate planning, public
  relations, and robot business
Deputy general manager of Marketing
  Strategy Headquarters
In charge of marketing in China
In charge of corporate planning and
  public relations
Deputy general manager of Marketing
  Strategy Headquarters
In charge of marketing in Asia
Hiroshi Hasuno
Director
In charge of human resources, labor
  and education
Deputy general manager of Production
  Management Headquarters
In charge of marketing in Hokuriku
General manager of Human Resources
  Dept.
Deputy general manager of Production
  Management Headquarters
In charge of labor, material business,
  marketing in Hokuriku, and education
Satoshi Nomiyama
Director
Deputy general manager of Production
  Management Headquarters
In charge of manufacturing innovation,
  quality assurance, procurement, and
  clean thermo-tech business
Deputy general manager of Production
  Management Headquarters
In charge of manufacturing innovation,
  quality assurance and clean thermo-tech
  business
Akira Nogami
Director
In charge of marketing in eastern Japan
Deputy general manager of Marketing
  Strategy Headquarters
General manager of Central Japan Main
  Branch
In charge of robot business
Makoto Sasaki
Director (new appointment)
General manager of Machine and Cutting Tool Division
Deputy general manager of Machine and
  Cutting Tool Division
Hideo Terakoshi
Director (new appointment)
General manager of Precision Component Division
Deputy general manager of Precision
  Component Division
Kiyoshi Nakagawa
Director (new appointment)
In charge of marketing in central Japan
Deputy general manager of Marketing
  Strategy Headquarters
Deputy general manager of Central
  Japan Main Branch
Toshitaka Masuoka
Executive Adviser (new appointment)
Chairman of NACHI Machinery Engineering Co., Ltd.
Director of NACHI Tohoku Seiko Co., Ltd.
Vice President
Naohiko Hoshida
Executive Adviser (new appointment)
Chairman of NACHI Robot Engineering Co., Ltd.
Director of NACHI Kanto Co., Ltd.
Vice President