As reported recently, Tomoharu Saito (hereinafter referred to as “Saito”), our former President & CEO, has been referred to prosecutors for involvement regarding illegal gambling. We sincerely apologize to all concerned as well as our customers for the inconvenience this has caused.

At a meeting of the Board of Directors held today, we accepted Saito’s offer to resign as President & CEO.

We are also announcing that Futoshi Iwata has been appointed as President & CEO following Saito’s resignation.