[Release] SATO Strengthens Executive Management Team


Changes aimed to accelerate decision-making and action

Tokyo, February 23, 2018 – SATO Holdings announced changes to its executive team and a new organizational structure to further strengthen Group synergy and streamline corporate management. The new executive team was decided at a Board Meeting held today and goes into effect from April 1, 2018.

The board agreed to implement changes to both the team itself and its structure, notably position titles, in order to clarify roles and streamline the executive management hierarchy. The new structure with uniform positions and defined responsibilities aims to accelerate speed of decision-making and implementation of actions.

New appointments and promotions

New appointments

Name Position
Hayato Shindo Executive Officer

Name New position
Yoichi Abe* Vice President and Chief Financial Officer (CFO)

New executive titles
Name New position name
Yoshinori Sasahara Vice President
Akihiro Kushida Vice President
Kenji Ushiki Vice President
Keisuke Yamada Executive Officer
Daphne Tay Executive Officer

Executive resignations (effective March 31, 2018)
Name Current position
Kazuo Matsuyama President and CEO
Nobuo Watanabe Executive Officer
Chinami Kotaki Executive Officer
Tomoyuki Kumabayashi Executive Officer
Kozo Senda Executive Officer
Yasuhiro Tanabe Executive Officer

Responsibilities of Executive Officers (effective April 1, 2018)
Executive title Name Responsibilities
President Ryutaro Kotaki CEO; President of SATO Corporation
Vice President Yoichi Abe* Chief Financial Officer (CFO)
Vice President Yoshinori Sasahara Director and Vice President of SATO Corporation
Vice President Akihiro Kushida Director of SATO Corporation and General Manager of Production
Vice President Kenji Ushiki Director of SATO Corporation and General Manager of R&D
Executive Officer Keisuke Yamada Chairman and President of Argox Information Co., Ltd.; Managing Director of SATO Auto-ID India Pvt. Ltd.
Executive Officer Daphne Tay Chief Communications Officer (CCO); Managing Director of SATO Global Business Services Pte. Ltd.
Executive Officer Maria Olcese Head of South America; General Manager of Achernar S.A.
Executive Officer Hiroyuki Konuma Chief Wellness Officer (CWO); Head of PJM business; President of SATO Healthcare Co., Ltd.
Executive Officer Hironori Onishi Director of SATO Corporation and General Manager of Sales
Executive Officer Shigeki Egami Chief Human Resources Officer (CHRO); Head of Kitakami Operations
Executive Officer Noriyasu Yamada Chief Product Planning Officer (CPO)
Executive Officer Goro Yumiba Head of North America; Chairman and President of SATO America, LLC.; Chairman and President of SATO Global Solutions, Inc.
Executive Officer Hayato Shindo President of SATO International Co., Ltd.; Head of Europe

*Yoichi Abe was named candidate for Director to be proposed at the General Meeting of Shareholders on June 25, 2018.

About SATO
SATO (TOKYO:6287) bridges the last inch of the last mile for customers by integrating Auto-ID technologies and revolutionary materials to tag and track items, ensuring inventory visibility for improved user experience and business results. Engineering solutions that unleash the power of IoT, SATO provides value to customers in the form of accuracy, sustainability, labor and resource savings, reassurance and emotional connections. For the fiscal year ended March 31, 2017, it reported revenues of JPY 106,302 million (US $980 million*). More information about SATO can be found at
www.satoworldwide.com  or on linkedin and twitter.

*Conversion is based on an average exchange rate of 1 US Dollar = 108.34 Japanese Yen


For Media Enquiries:
Kevin Leidheiser
Public Relations Group
SATO Holdings Corporation
Tel: +81-3-5745-3412

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