News Center

This is to announce the following personnel changes involving President and CEO have been approved at our Board of Directors Meeting held today.

1. Reason for the changes

To further strengthen the structure of top management.

2. Name and title of new and former President and CEO

(New appointment)　
Name: Mr. Yoshikazu Uemura
New Title:President and CEO　（Former Title：Director, Executive Officer）

(Resignation)　
Name: Mr. Tomonori Hayashi
*Mr. Tomonori Hayashi, who is stepping down from his current position, will assume the position of Vice-Chairman, which does not include representation rights.

3. A brief background of the newly appointed President and CEO

Date of Birth	Career Summary		Number of shares
Jun. 27, 1958	Jan. 1992 Jul. 2004 Apr. 2007 Oct. 2009 Jun. 2010 Sep. 2010 Oct. 2010 Dec. 2010 Apr. 2011 Jul. 2011 May 2012 Nov. 2012 Apr. 2013 .	Joined the Company General Manager of DVD Marketing Dept. of the Company COO of FUNAI CORPORATION, INC. Officer of the Company Director of the Company (to date) Chairman and Representative Director of FUNAI CORPORATION, INC. Officer and General Manager of TV Business Div. of the Company President and Representative Director of P&F USA, Inc. Officer and General Manager of AV Headquarters of the Company Officer and General Manager of AV Business Div. of the Company Officer and General Manager of AV System Business Div. and　 General Manager of Display Business Div. of the Company Executive Officer of the Company Executive Officer of the Company, in charge of Sales Management (to date)	700 shares

4. Effective date of the change

January 1, 2014