Mr. Kyuichi Fukumoto joined the Group in February 2022 as an executive Director. Mr. Fukumoto is responsible for the Group’s budgetary control and setting up of key performance indicators for fulfilling corporate goal and targets. Mr. Fukumoto is leading the project of setting up a new factory in Vietnam. Mr. Fukumoto graduated from the faculty of law in Tokyo University in 1995 and has been an employee of Toray Industries, Inc. since 1995. Toray is a company listed on the Tokyo Stock Exchange and is a substantial shareholder of the Company. Prior to joining the Group, he was a senior staff of the Fibers & Textiles Strategic Business Planning Department of Toray from May 2017 to March 2019 and was an Assistant General Manager of the said Department since April 2019 to end of 2021. Mr. Fukumoto has extensive experience in the textiles industry.