Integrated report

April 1983: Joined the Company (Previously, Japan Tobacco and Salt Public Corporation)
June 2003: Vice President, Corporate Planning Division
July 2004: Vice President, Corporate Strategy Division
June 2005: Senior Vice President; and President,
Food Business
June 2006: Member of the Board; Senior Vice President; and President, Food Business
June 2008: Senior Vice President; and Chief Strategy Officer
June 2010: Member of the Board; Senior Vice
President; Chief Strategy Officer;
and President, Food Business
June 2011: Member of the Board, Japan Tobacco Inc. Executive Vice President, JT International S.A.

June 2013: Senior Vice President; and Chief Strategy Officer
January 2016: Senior Vice President;
and President, Tobacco Business
March 2016: Representative Director and Executive Vice President; and President, Tobacco Business
January 2020: Member of the Board
March 2020: Deputy Chairperson of the Board
June 2020: Outside Director, Benesse Holdings, Inc. (Current Position)
June 2021: Outside Director, TDK Corporation (Current Position)
March 2022: Chairperson of the Board (Current Position); Significant Concurrent Positions Outside the Company
Outside Director, Benesse Holdings, Inc.
Outside Director, TDK Corporation

Shigeaki Okamoto

Deputy Chairperson of the Board
Date of birth: February 20, 1961
Number of shares held: 0

April 1983: Entered the Ministry of Finance (hereinafter the Ministry)
July 2001: Head of Management Office, General Coordination Division, Planning and Coordination Bureau, Financial Services Agency
July 2002: Director for Supervisory and Financial Risk Stabilization Management, General Coordination Division, Supervisory Bureau, Financial Services Agency
July 2004: Director of Research Division, Budget Bureau, the Ministry
July 2006: Director for the Budget Bureau, Planning and Administration Division of Budget Bureau, the Ministry
July 2009: Head of Secretariat Division, Minister’s Secretariat, the Ministry
August 2012: Deputy Director-General of the Budget Bureau, the Ministry
July 2015: Deputy Vice Minister, the Ministry
July 2017: Director-General of the Budget Bureau, the Ministry

July 2018: Administrative Vice Minister, the Ministry (Retired from the office in July 2020)
June 2021: Outside Audit & Supervisory Board Member, Yomiuri Land Co., Ltd. (Current Position)
December 2021: Outside Audit & Supervisory Board Member, The Yomiuri Shimbun Osaka Head Office (Current Position)
Outside Audit & Supervisory Board Member, The Yomiuri Shimbun Seibu Head Office (Current Position)
March 2022: Deputy Chairperson of the Board (Current Position); Significant Concurrent Positions Outside the Company
Outside Audit & Supervisory Board Member, Yomiuri Land Co., Ltd.
Outside Audit & Supervisory Board Member, The Yomiuri Shimbun Osaka Head Office
Outside Audit & Supervisory Board Member, The Yomiuri Shimbun Seibu Head Office

Masamichi Terabatake*

Representative Director and President, Chief Executive Officer
Date of birth: November 26, 1965
Number of shares held: 132,700

April 1989: Joined the Company
July 2005: Vice President, Secretary’s Office
July 2008: Vice President, Corporate Strategy Division
June 2011: Senior Vice President; Chief Strategy Officer; and President, Food Business
June 2012: Senior Vice President; and Chief Strategy Officer
June 2013: Member of the Board, Japan Tobacco Inc.
Executive Vice President, JT International S.A.

January 2018: President and Chief Executive Officer
March 2018: Representative Director and President,
Chief Executive Officer (Current Position); Significant Concurrent Positions Outside the Company
Chairman and Managing Director,
JT International Group Holding B.V.

Naohiro Minami*

Representative Director and Executive Vice President
Date of birth: January 21, 1964
Number of shares held: 48,300

April 1986: Joined the Company
December 2005: Controller
July 2010: Deputy Chief Financial Officer; and Controller
June 2012: Senior Vice President; Chief Financial Officer; and Controller
July 2012: Senior Vice President; and Chief Financial Officer
January 2018: Executive Vice President, Chief Financial Officer and Communications

March 2018: Representative Director and Executive Vice President, Chief Financial Officer and Communications
January 2022: Representative Director and Executive Vice President; Finance and Corporate Communications (Current Position); Significant Concurrent Positions Outside the Company
Supervisory Board Member, JT International Holding B.V.

Kiyohide Hirowatari*

Representative Director and Executive Vice President
Date of birth: November 11, 1965
Number of shares held: 47,700

April 1989: Joined the Company
July 2010: Vice President, Legal Division
June 2012: Senior Vice President; Chief Legal Officer; and Vice President, Legal Division
July 2014: Senior Vice President; and Chief Legal Officer
January 2015: Senior Vice President; Head of Tobacco Business Planning Division, Tobacco Business
January 2017: Senior Vice President, Human Resources
January 2018: Executive Vice President, Compliance, General Affairs, Legal, Corporate Strategy, IT, CSR, Human Resources and Operation Review & Business Assurance

March 2018: Representative Director and Executive Vice President, Compliance, General Affairs, Legal, Corporate Strategy, IT, CSR, Human Resources and Operation Review & Business Assurance
January 2019: Representative Director and Executive Vice President, Corporate, Pharmaceutical and Processed Food Businesses
January 2022: Representative Director and Executive Vice President, Corporate, Sustainability Management, Pharmaceutical and Processed Food Businesses (Current Position)

Kazuhito Yamashita*

Director
Date of birth: February 4, 1963
Number of shares held: 33,100

April 1986: Joined the Company
May 2007: Vice President, Corporate, Scientific & Regulatory Affairs Division, Tobacco Business
July 2009: Vice President, Corporate Affairs Division, Tobacco Business
June 2010: Senior Vice President; and Chief Corporate, Scientific & Regulatory Affairs Officer, Tobacco Business
January 2015: Senior Vice President; and Head of China Division, Tobacco Business

January 2019: Senior Vice President, Compliance, Sustainability Management and General Affairs
March 2019: Member of the Board and Senior Vice President, Compliance, Sustainability Management and General Affairs
January 2022: Member of the Board and Senior Vice President, Corporate Governance and Compliance (Current Position)

Main Kohda

Director (Independent Outside Director)
Date of birth: April 25, 1951
Number of shares held: 0

September 1995: Started independently as novelist (Current Position)
January 2003: Member of Financial System Council, the Ministry of Finance
April 2004: Visiting Professor, Faculty of Economics, Shiga University
March 2005: Member of the Council for Transport Policy, the Ministry of Land, Infrastructure, Transport and Tourism
November 2006: Member of the Tax Commission, Cabinet Office, Government of Japan
June 2010: Member of the Board of Governors, Japan Broadcasting Corporation

June 2012: Outside Director of the Company (Current Position)
June 2013: Outside Director, LIXIL Group Corporation
June 2016: Outside Director, Japan Exchange Group, Inc. (Current Position)
June 2018: Outside Director, Mitsubishi Motors Corporation (Current Position); Significant Concurrent Positions Outside the Company
Novelist
Outside Director, Japan Exchange Group, Inc.
Outside Director, Mitsubishi Motors Corporation

Yukiko Nagashima

Director (Independent Outside Director)
Date of birth: April 4, 1961
Number of shares held: 0

April 1985: Joined Recruit Co., Ltd. (Current Recruit Holdings Co., Ltd.)
April 2006: Corporate Executive Officer, Recruit Co., Ltd.
January 2008: President and Representative Director, Recruit Staffing Co., Ltd.
October 2012: Corporate Executive Officer, Recruit Holdings Co., Ltd.
June 2016: Standing Audit & Supervisory Board Member, Recruit Holdings Co., Ltd. (Current Position)
April 2018: Standing Audit & Supervisory Board Member, Recruit Co., Ltd. (Current Position)

March 2019: Outside Director of the Company (Current Position)
June 2021: Outside Audit & Supervisory Board Member, Sumitomo Corporation (Current Position); Significant Concurrent Positions Outside the Company
Standing Audit & Supervisory Board Member, Recruit Holdings Co., Ltd.
Standing Audit & Supervisory Board Member, Recruit Co., Ltd.
Outside Audit & Supervisory Board Member, Sumitomo Corporation

Masato Kitera

Director (Independent Outside Director)
Date of birth: October 10, 1952
Number of shares held: 0

April 1976: Entered the Ministry of Foreign Affairs (hereinafter the Ministry)
January 2008: Director-General for Sub-Saharan African Affairs, Middle Eastern and African Affairs Bureau, the Ministry Secretary General, the Fourth Tokyo International Conference on African Development
July 2008: Director-General, International Cooperation Bureau, the Ministry
January 2010: Deputy Vice-Minister, the Ministry
September 2012: Assistant Chief Cabinet Secretary
November 2012: Ambassador Extraordinary and Plenipotentiary of Japan to People’s Republic of China
April 2016: Ambassador Extraordinary and Plenipotentiary of Japan to the French Republic

June 2016: Ambassador Extraordinary and Plenipotentiary of Japan to the French Republic, Principality of Andorra and Principality of Monaco (Retired from the position in December 2019)
April 2020: Adviser of the Company
June 2020: Outside Director, Marubeni Corporation (Current Position)
Outside Director, Nippon Steel Corporation (Current Position)
March 2021: Outside Director of the Company (Current Position); Significant Concurrent Positions Outside the Company
Outside Director, Marubeni Corporation
Outside Director, Nippon Steel Corporation

Tetsuya Shoji

Director (Independent Outside Director)
Date of birth: February 28, 1954
Number of shares held: 0

April 1977: Joined Nippon Telegraph and Telephone Public Corporation
June 2006: Senior Vice President and General Manager of the Personnel Department, Nippon Telegraph and Telephone West Corporation
June 2009: Senior Vice President and Head of General Affairs, Nippon Telegraph and Telephone Corporation
June 2012: Senior Executive Vice President and Representative Member of the Board, NTT Communications Corporation
June 2015: President & CEO and Representative Member of the Board, NTT Communications Corporation
October 2018: Representative Member of the Board, NTT, Inc.

June 2020: Corporate Advisor, NTT Communications Corporation (Current Position)
March 2021: Outside Director, Sapporo Holdings Limited (Current Position)
June 2021: Outside Director, Hitachi Zosen Corporation (Current Position)
Outside Director, Mitsubishi Logistics Corporation (Current Position)
March 2022: Outside Director of the Company (Current Position); Significant Concurrent Positions Outside the Company
Corporate Advisor, NTT Communications Corporation
Outside Director, Sapporo Holdings Limited
Outside Director, Hitachi Zosen Corporation
Outside Director, Mitsubishi Logistics Corporation

Five Audit & Supervisory Board Members (including three Outside Audit & Supervisory Board Members)

(As of March 23, 2022)

Ryoko Nagata

Standing Audit & Supervisory Board Member
Date of birth: July 14, 1963
Term of office: 4 years from March 2019
Number of shares held: 12,400

April 1987: Joined the Company
April 2001: Vice President, Products Division, Food Business Division, Food Business
June 2008: Senior Vice President; Head of Beverage Business Division; and Vice President, Product Division, Food Business Division, Food Business
July 2008: Senior Vice President; and Head of Beverage Business, Food Business
July 2010: Senior Vice President; and Head of Beverage Business

June 2013: Senior Vice President, CSR
January 2018: Senior Vice President, Assistant to President
March 2018: Standing Audit & Supervisory Board Member of the Company (Current Position)
June 2021: Outside Director, Honda Motor Co., Ltd. (Current Position); Significant Concurrent Positions Outside the Company
Outside Director, Honda Motor Co., Ltd.

Hiroshi Yamamoto

Standing Audit & Supervisory Board Member
Date of birth: November 29, 1963
Term of office: 4 years from March 2019
Number of shares held: 2,600

April 1987: Joined the Company
July 2008: Vice President, Non-Tobacco Material Procurement Division, Tobacco Business
June 2012: Vice President, Operational Review and Business Assurance Division

March 2019: Standing Audit & Supervisory Board Member of the Company (Current Position)

Toru Mimura

Standing Audit & Supervisory Board Member (Independent Outside Audit & Supervisory Board Member)
Date of birth: December 26, 1955
Term of office: 4 years from March 2019
Number of shares held: 0

April 1979: Entered the Ministry of Finance
July 2010: Deputy Director-General of the Planning and Coordination Bureau; Secretary-General of the Executive Bureau, Certified Public Accountants; Auditing Oversight Board, Financial Services Agency
July 2011: Director General, Kinki Local Finance Bureau, the Ministry of Finance
January 2012: Deputy Director-General, Minister’s Secretariat, the Ministry of Defense (hereinafter the Ministry)
September 2012: Director-General, Bureau of Personnel and Education, the Ministry
July 2013: Director-General, National Institute for Defense Studies, the Ministry
July 2014: Director-General, Bureau of Finance and Equipment, the Ministry

October 2015: Vice-Minister of Defense for International Affairs, the Ministry
September 2016: Chairman, Sompo Japan Nipponkoa Research Institute Inc.
October 2017: Director, Eltes Co.,Ltd.
March 2018: Registered as Attorney at Law (Current Position)
March 2019: Standing Outside Audit & Supervisory Board Member of the Company (Current Position); Significant Concurrent Positions Outside the Company
Attorney at Law, Shiba International Law Offices

Hiroshi Obayashi

Audit & Supervisory Board Member (Independent Outside Audit & Supervisory Board Member)
Date of birth: June 17, 1947
Term of office: 4 years from March 2019
Number of shares held: 0

April 1970: Judicial Apprentice
April 1972: Appointed as Public Prosecutor
May 2001: Director-General of the Rehabilitation Bureau, the Ministry of Justice (hereinafter the Ministry)
January 2002: Deputy Vice-Minister of Justice, the Ministry
June 2004: Director-General of the Criminal Affairs Bureau, the Ministry
June 2006: Vice-Minister of Justice, the Ministry
July 2007: Superintending Prosecutor, Sapporo High Public Prosecutors’ Office
July 2008: Superintending Prosecutor, Tokyo High Public Prosecutors’ Office
June 2010: Prosecutor-General
March 2011: Registered as Attorney at Law (Current Position)
April 2011: Outside Audit & Supervisory Board Member, Daiwa Securities Co., Ltd. (Current Position)

June 2013: Outside Director, Mitsubishi Electric Corporation (Current Position)
June 2014: Outside Audit & Supervisory Board Member, Nippon Steel & Sumitomo Metal Corporation (Current Nippon Steel Corporation)
March 2015: Outside Audit & Supervisory Board Member of the Company (Current Position)
June 2020: Outside Director, Audit & Supervisory Committee Member, Nippon Steel Corporation (Current position); Significant Concurrent Positions Outside the Company
Attorney at Law, Obayashi Law Office
Outside Audit & Supervisory Board Member, Daiwa Securities Co. Ltd.
Outside Director, Mitsubishi Electric Corporation
Outside Director, Audit & Supervisory Committee Member, Nippon Steel Corporation

Koji Yoshikuni

Audit & Supervisory Board Member (Independent Outside Audit & Supervisory Board Member)
Date of birth: September 7, 1952
Term of office: 4 years from March 2019
Number of shares held: 0

April 1975: Joined Japan Broadcasting Corporation (hereinafter the Corporation)
June 2003: Director Responsible for Finance of News Department, the Corporation
June 2005: Executive Director, Yokohama Broadcasting Station, the Corporation
June 2007: Chief of Secretariat for Board of Governors, the Corporation
February 2010: Senior Director, the Corporation
April 2012: Executive Director, the Corporation

April 2017: Vice President and Professor, the Graduate School of Project Design Auditor, Hosei University (Current Position)
March 2019: Outside Audit & Supervisory Board Member of the Company (Current Position)
April 2019: President, the Graduate School of Information & Communication (Current Position)

Skills matrix for proposed Directors and Members of the Audit & Supervisory Board

For reasons for appointment of the Directors, please refer to the Notice of Convocation of the 37th Ordinary General Meeting of Shareholders.
For reasons for appointment of the Audit & Supervisory Board members, please refer to the Notice of Convocation of the 34th Ordinary General Meeting of Shareholders.
We have established a set of independence criteria. For details, please refer to ‘JT Corporate Governance Policy’.

Integrated Report 2021

Integrated report

Management structure

CONTENTS

Directors and Members of the Audit & Supervisory Board

Ten Directors (including four Outside Directors)

Five Audit & Supervisory Board Members (including three Outside Audit & Supervisory Board Members)

Skills matrix for proposed Directors and Members of the Audit & Supervisory Board

Related links