Pan Pacific International Holdings Corporation

Pan Pacific International Holdings Corporation

Board of Directors

President and CEO Naoki Yoshida

President & CEO, Representative Director
Naoki Yoshida
December 7, 1964

  • December
    1995
    Joined McKinsey & Company Inc. Japan
  • March
    1997
    Joined Union Bancaire Privée
  • August
    2002
    Established Alter Ego Consulting Co., Ltd.
    President and Representative Director
  • February
    2003
    President and Representative Director of T-ZONE HOLDINGS, INC. (currently MAG NET HOLDINGS, INC.)
  • July
    2007
    President of Don Quijote (USA) Co., Ltd.
  • September
    2012
    Director of the Company
  • November
    2013
    Senior Managing Director of the Company
  • December
    2013
    Director of Don Quijote Co., Ltd.
    Director of Nagasakiya Co., Ltd. (current position)
    Director of Doit Co., Ltd. (current position)
  • July
    2015
    Senior Managing Director and CCO of the Company
  • June
    2017
    Outside Director of Accretive Co., Ltd. (current position)
  • November
    2017
    Audit & Supervisory Board Member of UNY Co.,Ltd.
  • January
    2018
    Senior Managing Director and CAO(Representative Director) of the Company
  • January
    2019
    Director of UNY Co., Ltd.
    Representative Director of UCS Co., Ltd.
  • April
    2019
    Senior Managing Director of UNY Co.,Ltd.
  • September
    2019
    President and CEO (Representative Director) of the Company (current position)
    President and Representative Director of Don Quijote Co., Ltd. (current position)
    Director of UNY Co., Ltd. (current position)
    Director of UCS Co., Ltd. (current position)

■Reasons for appointment

Naoki Yoshida has a performance record of playing a key role in supporting many aspects of the Group as Senior Managing Director and CAO (Representative Director) of the Company, such as in compliance and governance area including the Group's legal & labor affairs, finance, accounting & tax affairs and strategic planning area throughout Japan and overseas. In addition, he possesses abundant experience and broad insight in relation to corporate management based on his successive service as president at various companies. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Kazuhiro Matsumoto

Director & Managing Executive Officer / CMO (Global)
Kazuhiro Matsumoto
November 15, 1973

  • January
    1996
    Joined the Company
  • December
    2013
    Executive Officer of Don Quijote Co., Ltd.
  • July
    2015
    Director of Don Quijote Holdings Retail Management Co., Ltd.
    Director of Lirack Co., Ltd. (current position)
    Director of Justneo Co., Ltd. (currently Pan Pacific International Trading Co., Ltd.) (current position)
  • April
    2017
    General Manager of Food and Liquor Merchandising Development Headquarters of Don Quijote Co., Ltd.
  • January
    2018
    Executive Officer of the Company
  • February
    2019
    General Manager of Food and Liquor Merchandising Development Headquarters and Overseas Business Support Headquarters of Don Quijote Co., Ltd.
  • June
    2019
    Director of Kanemi Co., Ltd. (current position)
  • July
    2019
    General Manager of Overseas Business Support Headquarters of Pan Pacific Retail Support Co., Ltd. (current position)
  • August
    2019
    Managing Director of Pan Pacific Retail Management (Singapore) Pte. Ltd. (current position)
  • September
    2019
    Director of Pan Pacific Retail Management (Asia) Pte. Ltd. (current position)
    Director and Managing Executive Officer / CMO (Global) of the Company (current position)

■Reasons for appointment

Kazuhiro Matsumoto possesses abundant experience and a performance record primarily in relation to merchandise strategies and domestic and overseas store operation, gained mainly in the Group's retail division. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Takeshi Nishii

Director & Managing Executive Officer / COO
Takeshi Nishii
September 11, 1975

  • August
    1998
    Joined the Company
  • December
    2013
    Executive Officer of Don Quijote Co., Ltd.
  • July
    2015
    Director of Don Quijote Holdings Retail Management Co., Ltd.
  • April
    2017
    General Manager of Sales Support Headquarters of Don Quijote Co., Ltd.
  • September
    2017
    Director of the Company
  • November
    2017
    Director of UNY Co.,Ltd.
  • June
    2018
    Outside Director of Kanemi Co., Ltd. (current position)
  • February
    2019
    General Manager of Corporate Philosophy Promotion Headquarters of Don Quijote Co., Ltd.
  • April
    2019
    Director and Executive Officer of UNY Co., Ltd. (current position)
  • July
    2019
    General Manager of Corporate Philosophy Promotion Headquarters of the Company (current position)
    Director of Pan Pacific Retail Support Co., Ltd. (current position)
    General Manager of Human Resources Strategy Headquarters of the company above (current position)
  • September
    2019
    Director and Managing Executive Officer / COO of the Company (current position)
    Senior Managing Director of Don Quijote Co., Ltd. (current position)

■Reasons for appointment

Takeshi Nishii possesses abundant experience and a performance record primarily in relation to store operation and analysis of sales numbers, gained mainly in the Group's retail division. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Ken Sakakibara

Director & Managing Executive Officer / COO
Ken Sakakibara
June 6, 1971

  • October
    1997
    Joined the Company
  • December
    2013
    Executive Officer of Don Quijote Co., Ltd.
  • July
    2015
    Director of Don Quijote Holdings Retail Management Co., Ltd.
    Director of Justneo Co., Ltd. (currently Pan Pacific International Trading Co., Ltd.) (current position)
  • April
    2017
    General Manager of Lifestyle Merchandising Development Headquarters of Don Quijote Co., Ltd.
  • January
    2018
    Executive Officer of the Company
  • July
    2019
    Director of Pan Pacific Retail Support Co., Ltd. (current position)
    Merchandising Development Headquarters of the company above (current position)
  • September
    2019
    Director and Managing Executive Officer / COO of the Company (current position)
    Senior Managing Director of Don Quijote Co., Ltd. (current position)
    Director of Nagasakiya Co., Ltd. (current position)
    Director of Lirack Co., Ltd. (current position)

■Reasons for appointment

Ken Sakakibara possesses abundant experience and a performance record primarily in relation to merchandise strategies and store operation, gained mainly in the Group's retail division. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Kenji Sekiguchi

Director & Managing Executive Officer
Kenji Sekiguchi
October 20, 1964

  • May
    1997
    Joined the Company
  • June
    2006
    Department Director of New Business Promotion Department of the Company
  • November
    2007
    Senior Vice President and Representative Director of Nagasakiya Co., Ltd.
  • April
    2013
    President and Representative Director of Nagasakiya Co., Ltd.
  • September
    2013
    President of MARUKAI CORPORATION
  • November
    2013
    Director of the Company
  • December
    2014
    Resigned from the position of Director of the Company
  • July
    2016
    Director of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
  • November
    2017
    President and Representative Director of Nagasakiya Co., Ltd.
    Director and Managing Executive Officer of UNY Co., Ltd.
    Senior Vice President and Representative Director of UD Retail Co., Ltd.
  • January
    2018
    Executive Officer of the Company (current position)
  • January
    2019
    President and Representative Director of UD Retail Co., Ltd.
  • April
    2019
    President and Representative Director of UNY Co., Ltd. (current position)
    Director of UD Retail Co., Ltd. (current position)
  • September
    2019
    Director and Managing Executive Officer of the Company (current position)
    Director of Japan Commercial Establishment Co., Ltd. (current position)

■Reasons for appointment

Kenji Sekiguchi possesses abundant experience and a performance record in many aspects primarily in relation to store operation, based on his successive service mainly as representative at subsidiaries in the Group's retail division. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Tetsuji Maruyama

Director & Executive Officer
Tetsuji Maruyama
April 11, 1973

  • October
    1997
    Joined the Company
  • December
    2013
    Executive Officer of Don Quijote Co., Ltd.
  • July
    2015
    Director of Don Quijote Holdings Retail Management Co., Ltd.
  • April
    2017
    General Manager of Store Management Support Headquarters of Don Quijote Co., Ltd.
  • September
    2017
    Director of the Company (current position)
  • November
    2017
    Audit & Supervisory Board Member of UNY Co.,Ltd.
    Audit & Supervisory Board Member of UD Retail CO., LTD. (current position)
  • March
    2018
    General Manager of Human Resources Strategy Headquarters of Don Quijote Co., Ltd.
  • April
    2019
    Director and Executive Officer of UNY Co., Ltd. (current position)
  • July
    2019
    President and Representative Director of Pan Pacific Retail Support Co., Ltd. (current position)
    General Manager of Retail Support Headquarters of the Company above (current position)
  • September
    2019
    Director and Executive Officer of the Company (current position)
    Director of Don Quijote Co., Ltd. (current position)
    Director of Doit Co., Ltd. (current position)
    Director of Pan Pacific Shared Service Co., Ltd. (current position)

■Reasons for appointment

Tetsuji Maruyama possesses abundant experience and a performance record primarily in relation to store operation and improving the efficiency of store operations, gained mainly in the Group's retail division. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Yuji Ishii

Director & Executive Officer
Yuji Ishii
August 17, 1972

  • September
    2008
    Joined the Company
  • January
    2013
    Manager of Financial Accounting Division, Administration Headquarters of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
  • July
    2015
    Deputy General Manager of Administration Headquarters of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
    Director of Don Quijote Holdings Retail Management Co., Ltd.
  • July
    2016
    General Manager of Administration Headquarters of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.) (current position)
  • September
    2017
    Director of the Company (current position)
    Director of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
  • October
    2017
    General Manager of General Accounting Headquarters of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.) (current position)
  • February
    2018
    Representative Director of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
  • May
    2019
    President and Representative Director of Pan Pacific Shared Service Co., Ltd. (current position)
  • July
    2019
    Audit and Supervisory Board Member of Pan Pacific Retail Support Co.,Ltd. (current position)
  • September
    2019
    Director and Executive Officer of the Company (current position)

■Reasons for appointment

Yuji Ishii possesses abundant experience and broad insight in relation to accounting, tax practices and corporate planning gained primarily by overseeing the accounting and finance division, mainly while working for the Group. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Hiroshi Abe

Director & Executive Officer
Hiroshi Abe
February 22, 1975

  • December
    2003
    Joined the Company
  • June
    2009
    Manager of Information System Division, Operation Management Headquarters of the Company
  • September
    2011
    Director of REALIT Co., Ltd.
  • June
    2012
    Senior Vice President and Director of REALIT Co., Ltd.
  • July
    2014
    President and Representative Director of REALIT Co., Ltd. (current position)
  • July
    2015
    Director of Don Quijote Holdings Retail Management Co., Ltd.
    Director of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
    General Manager of Operation Management Headquarters of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.) (current position)
  • September
    2017
    Director of the Company (current position)
  • November
    2017
    Director of UNY Co.,Ltd.
  • February
    2018
    Representative Director of Don Quijote Shared Services Co., Ltd. (currently Pan Pacific Shared Service Co., Ltd.)
  • January
    2019
    Representative Director of UCS Co., Ltd.
  • April
    2019
    Director and Executive Officer of UNY Co., Ltd. (current position)
  • May
    2019
    Director of Pan Pacific Shared Service Co., Ltd. (current position)
  • September
    2019
    Director and Executive Officer of the Company (current position)
    Director of UCS Co., Ltd. (current position)

■Reasons for appointment

Hiroshi Abe possesses abundant experience and broad insight gained primarily by overseeing operations in the IT and system fields, mainly while working for the Group. Accordingly, the Company deems that he is an appropriate person for promoting further improvement in the Group's corporate value going forward, and has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Director Takao Yasuda

Director
Takao Yasuda
May 7, 1949

  • September
    1980
    Established Just Co., Ltd. (currently Pan Pacific International Holdings Corporation)
    President and Representative Director
  • September
    2005
    Chairman, Representative Director and CEO of the Company
  • December
    2005
    Chairman of Yasuda Scholarship Foundation (current position)
  • April
    2013
    Chairman, President, Representative Director and CEO of the Company
  • August
    2013
    President and Representative Director of Don Quijote Preparatory Co., Ltd. (currently Don Quijote Co., Ltd.)
  • December
    2013
    Chairman and Representative Director of Don Quijote Co., Ltd.
  • July
    2014
    Chairman, Representative Director and CEO of the Company
  • July
    2015
    Founding Chairman and Supreme Advisor of the Company
    Director (Chairman, President & CEO) of Pan Pacific International Holdings Pte. Ltd. (currently Pan Pacific Retail Management (Singapore) Pte. Ltd.) (current position)
  • December
    2018
    Director of Pan Pacific Strategy Institute Pte. Ltd. (current position)
  • January
    2019
    Director (non-standing) of the Company (current position)
  • April
    2019
    Director of Pan Pacific Retail Management (Asia) Pte. Ltd. (current position)

■Reasons for appointment

Takao Yasuda is founder of the Company, created a new business format as a discounter, and has driven the development of the Group. He is currently based in Singapore to lead overseas businesses of the Company. In order to further accelerate the business expansion overseas and make use of his expertise, the Company has appointed him as a director.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Outside Director Yukihiko Inoue

Outside Director
(Audit & Supervisory Committee Member)

Yukihiko Inoue
November 4, 1937

  • September
    1994
    Superintendent-General of the Metropolitan Police Department
  • September
    2003
    Chairperson of the Board of Directors of Japan Guide Dog Association (current position)
  • June
    2006
    Outside Corporate Auditor of TOKO ELECTRICAL CONSTRUCTION CO., LTD. (current position)
    Outside Director of ASAHI KOGYOSHA CO., LTD. (current position)
  • September
    2009
    Audit & Supervisory Board Member of the Company
  • March
    2011
    Chairman of Public Interest Incorporated Foundation, Aikido Yoshinkai (current position)
  • June
    2011
    Outside Statutory Auditor of All Nippon Security Co., Ltd. (current position)
  • June
    2012
    Standing Audit & Supervisory Board Member of the Company
  • September
    2014
    Outside Director of the Company
  • September
    2016
    Outside Director (Audit & Supervisory Committee Member) of the Company (current position)
  • June
    2018
    Outside Director of Anicom Holdings, Inc. (current position)

■Reasons for appointment

The Company has judged that through making use of his experience from having served in such important positions as Superintendent-General of the Metropolitan Police Department, he will appropriately carry out his duties as an Audit and Supervisory Committee Member of the Company from an objective standpoint, and has appointed him as an Outside Director (Audit and Supervisory Committee Member).

*Reasons for appointment are as of convocation of 38th (Fiscal Year June 2018) General Shareholders Meeting

Outside Director Yasunori Yoshimura

Outside Director
(Audit & Supervisory Committee Member)

Yasunori Yoshimura
January 26, 1949

  • March
    1975
    Graduated from Keio University School of Medicine
  • June
    2011
    Outside Director of ASKA Pharmaceutical Co., Ltd. (current position)
  • October
    2012
    Established Yoshimura Bioethics Institute Chairman of Yoshimura Bioethics Institute (current position)
  • March
    2013
    Special Advisor to the Cabinet (in charge of measures to counter the declining birthrate and support for child-raising) (current position)
  • November
    2013
    Outside Audit & Supervisory Board Member of the Company
  • April
    2014
    Professor Emeritus of Keio University (Department of Obstetrics and Gynecology) (current position) Honorary Director of SHIN-YURIGAOKA General Hospital (current position)
  • September
    2015
    Outside Director of the Company
  • September
    2016
    Outside Director (Audit & Supervisory Committee Member) of the Company (current position)

■Reasons for appointment

The Company has judged that through making use of his experience from having served in such important positions as Special Advisor to the Cabinet, Professor at a university, and President of various learned societies, he will appropriately carry out his duties as an Audit and Supervisory Committee Member of the Company from an objective standpoint, and has appointed him as an Outside Director (Audit and Supervisory Committee Member).

*Reasons for appointment are as of convocation of 38th (Fiscal Year June 2018) General Shareholders Meeting

Outside Director Tomiaki Fukuda

Outside Director
(Audit & Supervisory Committee Member)

Tomiaki Fukuda
December 19, 1941

  • April
    1994
    President and Representative Director of Unimat Corporation (currently Japan Beverage Holdings Inc.)
  • April
    1996
    President and Representative Director of U.H.I. SYSTEMS K.K.
  • April
    2003
    President of Japan Wrestling Federation (current position)
  • September
    2010
    Standing Audit & Supervisory Board Member of the Company
  • June
    2012
    Outside Audit & Supervisory Board Member of the Company
  • June
    2013
    Honorary member of Japanese Olympic Committee (current position)
  • January
    2014
    Councillor of the Tokyo Organising Committee of the Olympic and Paralympic Games (current position)
  • September
    2014
    Honorary Vice-president of Fédération Internationale des Luttes Associées (currently United World Wrestling) (current position)
  • September
    2016
    Outside Director (Audit & Supervisory Committee Member) of the Company (current position)

■Reasons for appointment

Tomiaki Fukuda has served in such important positions as President of Japan Wrestling Federation. The Company has judged through making use of this experience, he will appropriately carry out his duties as an Audit and Supervisory Committee Member of the Company from an objective standpoint, and has appointed him as an Outside Director (Audit and Supervisory Committee Member).

*Reasons for appointment are as of convocation of 38th (Fiscal Year June 2018) General Shareholders Meeting

Outside Director Jumpei Nishitani

Outside Director
(Audit & Supervisory Committee Member)

Jumpei Nishitani
December 2, 1971

  • March
    1995
    Graduated from the Faculty of Economics, The University of Tokyo
  • March
    1997
    Earned a master's degree from the Faculty of Economics, The University of Tokyo
  • March
    2000
    Obtained scores for doctorate degree and resigned from Graduate School of Economics, The University of Tokyo
  • April
    2000
    Assistant Professor, Faculty of Management and Economics, Aomori Public University
  • April
    2005
    Assistant Professor, College of Business Administration, Ritsumeikan University
  • August
    2009
    Visiting Fellow, The University of British Columbia
  • April
    2015
    Professor, College of Business Administration, Ritsumeikan University (current position)
  • September
    2017
    Outside Director [Audit and Supervisory Committee Member] of the Company (current position)

■Reasons for appointment

Although Jumpei Nishitani has not been directly involved in corporate management, he possesses a high level of expertise and broad experience in relation to accounting and economics gained as a professor at a university's College of Business Administration. The Company has judged that through making use of such expertise and experience, he will appropriately carry out his duties as Outside Director who is an Audit and Supervisory Committee Member of the Company, and again nominates him as a candidate for Outside Director who is an Audit and Supervisory Committee Member.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

Outside Director Masaki Yoshino

Outside Director
(Audit & Supervisory Committee Member)

Masaki Yoshino
April 23, 1960

  • April
    1985
    Joined Ministry of Foreign Affairs of Japan
  • April
    1995
    Registered as an attorney-at-law (Dai-ichi Tokyo Bar Association) Joined Kajitani Law Offices
  • April
    1996
    Joined TMI Associates
  • January
    2002
    Registered as an attorney-at-law in New York State Bar Association
  • October
    2004
    Joined Takekawa, Oka & Yoshino Law Offices
    Partner of Takekawa, Oka & Yoshino Law Offices
  • June
    2007
    Company Auditor of SHINKAWA LTD. (currently Yamaha Motor Robotics Holdings Co., Ltd.)
  • July
    2014
    Established Yoshino Law Offices, Representative Attorney (current position)
  • June
    2019
    Outside Director of Nippon Chemiphar Co., Ltd. (current position)
    Outside Director [Audit and Supervisory Committee Member] of SHINKAWA LTD. (currently Yamaha Motor Robotics Holdings Co., Ltd.) (current position)

■Reasons for appointment

Although Masaki Yoshino has not been directly involved in corporate management other than being an outside officer, he is well versed in corporate legal affairs as an attorney-at-law and possesses a high level of expertise and broad experience. The Company has judged that through making use of such expertise and experience, he will appropriately carry out his duties as Outside Director who is an Audit and Supervisory Committee Member of the Company, and nominates him as a candidate for Outside Director who is an Audit and Supervisory Committee Member.

*Reasons for appointment are as of convocation of 39th (Fiscal Year June 2019) General Shareholders Meeting

As of September 25, 2019

Remuneration for Directors
FY2019 (July 1, 2018 - June 30, 2019)

1.Total Remuneration by Position, Total Remuneration by Type, and Number of Applicable Directors, etc.

Position Total remuneration
(millions of yen)
Total remuneration by type
(millions of yen)
Number of applicable directors, etc.
Basic remuneration Stock options Bonuses Retirement benefits
Directors
(excluding those who are audit & supervisory committee members) (excluding outside directors)
619 237 382 10
Directors
(audit & supervisory committee members) (excluding outside directors)
7 7 1
Outside directors 20 20 4
Total 646 264 382 15

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Note: The Company transitioned from a company with an audit & supervisory board to a company with an audit & supervisory committee on September 28, 2016.

2.Directors received total remuneration of 100 milion yen or more

Name
(Position)
Type of company Total remuneration by type
(millions of yen)
Total remuneration
(millions of yen)
Basic remuneration Stock options Bonuses Retirement benefits
Koji Ohara
(Director)
The Company 75 220 311
Pan Pacific Shared Services Co., Ltd. 16
Naoki Yoshida
(Director)
The Company 43 130 185
Japan Commercial Establishment Co., Ltd. 7
Pan Pacific Shared Services Co., Ltd. 4
Route Advisory CO., Ltd. 1

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3.Remuneration for Directors, etc.

Basic remuneration for directors(excluding those who are audit & supervisory committee members)is determined by the Board of Directors, within the overall limit of remuneration approved by a resolution of the 37th Ordinary General Meeting of Shareholders, taking into account the Company's operating results and financial position as well as the economic environment. Remuneration for directors who are audit & supervisory committee members is determined by deliberation among audit & supervisory committee members, within the overall limit of remuneration approved by a resolution of the 36th Ordinary General Meeting of Shareholders.

As of September 25, 2019