Izumi Co., Ltd.TSE: 8273

Notice of Changes in Organizational Structure and Personnel

· Issued by Izumi Co., Ltd.

March 11, 2025

For Immediate Release

Company name: IZUMI CO., LTD

Representative:

Yasuaki Yamanishi, President and

Representative Director

(Code: 8273, TSE Prime Market)

Contact:

Kiminari Taira, Executive Officer and

Corporate Planning Department Manager

(TEL +81-82-264-3211)

Notice of Changes in Organizational Structure and Personnel

Izumi Co., Ltd. (the "Company") announces that at a meeting of the Board of Directors on Tuesday, March 11, 2025, it resolved to change its organizational structure and personnel effective April 1, 2025. Details are as follows.

1. Change to the organizational structure

The Company plans to strengthen its organizational structure to accelerate operations, aiming to achieve the Izumi Group's growth strategy.

(Purpose)

  1. To establish an organizational structure that supports the vision of the Izumi Group's supermarket business, which the Company sees as a key growth driver
  2. Reinforcing the information security system
  3. To accelerate innovation in its stores and increase productivity
  4. To improve customer satisfaction
  5. To integrate the sales and supervisor departments and strengthen the store support system
  6. To enhance the public relations, investor relations and sustainability promotion systems

(Main Content)

  1. The Company will create a New Supermarket (SM) Merchandising Department within the Food Division to accelerate the transformation of the supermarket business throughout the entire Group, including the SUNNY business.
  2. The Company will establish an Information System Division to strengthen the information management system throughout the entire Izumi Group, based on the innovative reconstruction efforts to address ransomware-inflicted damage.
  3. The Company will establish an Innovation Promotion Department to improve productivity and accelerate store innovation through collaboration with people in the field.
  4. The Company will establish the Customer Satisfaction (CS) Department which will administers the Customer Satisfaction (CS) Section and Casher Management Section to improve customer satisfaction. In addition to (3) above, due to the enhancement of the sales planning functions of the Company, it is renaming the Marketing Division to the Sales Planning Division.
  5. The Company will constructively dissolve the Sales Promotion Division, a supervisory division. The GMS Division and SM Division, which are sales divisions, will take over its supervisory functions to

enhance the store support system.

  1. The Public Relations Section and the Sustainability Promotion Section will be integrated into the Corporate Planning Division. The goal of this integration is to strengthen the public relations and investor relations systems and the sustainability promotion system, which is closely linked to corporate strategies.

2. Changes in Directors (effective on April 1, 2025)

Name

New Position

Former Position

Daisuke Yamanishi

Deputy President and Director

Director and Corporate Planning

Division Manager

3. Candidates for Directors to be newly appointed

Name

New Position

Former Position

Director, Senior Managing Executive

Senior Managing Executive Officer

Hideki Tahara

Officer and Administration Division

and Administration Division Manager

Manager

Director, Managing Executive Officer

Managing Executive Officer, Tenant

Takayuki Aoki

Division Manager and Development

and Development Division Manager

Division Vice Manager

Note: The two candidates will be appointed following resolutions at the Annual General Meeting of Shareholders and the Board of Directors meeting to be held on May 28, 2025.

4. Career Summaries of Candidates for New Directors

Name

Hideki Tahara

Date of birth

August 25, 1968

Main career

April 1991

Joined The Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking

Corporation)

April 2022

Executive Officer and Deputy Head of Corporate Advisory Division of

Sumitomo Mitsui Banking Corporation

May 2024

Joined the Company

Senior Managing Executive Officer and Administration Division Manager

(current position)

Name

Takayuki Aoki

Date of birth

July 18, 1967

Main career

April 1990

Joined The Sumitomo Corporation

October 2019

General Manager of the Real Estate Investment & Development Department

of Sumitomo Corporation

April 2024

Joined the Company

Managing Executive Officer, Tenant Division Manager and Development

Division Vice Manager (current position)

5. Retiring Director (effective May 28, 2025)

Name

Former Position

Tatsuya Mikamoto

Deputy President and Director

Hiroshi Kuromoto

Director, Development Division

Manager

6. Changes in Executive Officers (Effective April 1, 2025)

Name

New Position

Current position

Senior Executive Officer, Food

Executive Officer and Food Division

Masamichi Yamano

Division Manager and PB Project

Manager

Leader

Senior Executive Officer and

Executive Officer and GMS Division

Atsushi Kobayashi

Corporate Planning Division

Manager

Manager

Keishi Okamoto

Executive Officer and Information

Executive Officer and DX Division

System Division Manager

Manager

Manabu Tanabe

Executive Officer and GMS Division

Executive Officer and Sales

Manager

Promotion Division Manager

Kenji Miura

Executive Officer and Tenant

Executive Officer and Tenant

Division Manager

Division Vice Manager

Executive Officer and Sales Planning

Manager of Food Supervisor

Shin Katayama*

Department of Sales Promotion

Division Manager

Division

Hideki Umeda*

Executive Officer and Lifestyle

Manager of Household Goods

Division Manager

Department of Lifestyle Division

Executive Officer and Manager of

Manager of General Affairs

Akiko Jiromaru*

General Affairs Department of

Department of Administration

Administration Division

Division

Executive Officer and Manager of

Manager of Capacicy Building

Naoko Tomachi*

Capacity Building Department of

Department of Administration

Administration Division

Division

Izumi Executive Officer status

Director and SUNNY Business

Director and SUNNY Business

Division Manager of Youme Mart

Hideo Kouchiyama*

Division Manager of Youme Mart

Kumamoto Co., Ltd., and Manager in

Kumamoto Co., Ltd.

charge of the SUNNY Business of

Izumi Co., Ltd.

* New Executive Officers

7. Retiring Executive Officers (March 31, 2025)

Name

New Position

Current position

Yuichiro Kajihara

General Manager of Youme Town

Executive Officer and General

Hiroshima

Manager of Youme Town Takamatsu

Shinsuke Numamoto

General Manager of Youme Town

Executive Officer and Marketing

Saga

Division Manager

Takeshi Matsushige

General Manager of Youme Town

Executive Officer and Lifestyle

Takamatsu

Division Manager

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