On March 20, 2023, Fuso Seiki Co., Ltd. announced that Takero Kuwabara, Chief Executive Officer,

had resigned and assumed the position of Chairman.

Senior Vice President Kohsaku Kuwabara was appointed as Chief Executive Officer.

Name　　　　　　       New position　　　　　　　　 Previous position

Kohsaku Kuwabara       Chief Executive Officer            Senior Vice President

Takero Kuwabara          Chairman                                   Chief Executive Officer