In accordance with Article 370 of the Companies Act and Article 24 of the Articles of Incorporation of Asahi Kasei Corp., the Board of Directors of Asahi Kasei today adopted a resolution for a change in the Representative Directors of Asahi Kasei and its subsidiary Asahi Kasei Construction Materials Corp., as shown below.
Reason for the change
A new management configuration was deemed necessary to delineate management responsibility related to the precast concrete pile installation issue at Asahi Kasei Construction Materials, and to advance the recovery of trust in and the sustainable growth of the Asahi Kasei Group as a whole.
Substance of the change
1. Asahi Kasei Corp.
2. Asahi Kasei Construction Materials Corp.
