Mr. Jiro Ushio, Founder of USHIO INC. Retired Director 21:24 on September 10 related to policy planning

Mr. Jiro Ushio, who served as the founder of USHIO INC. for over half a century as the top management and was involved in the planning of the government's economic and fiscal policies, resigned from the company's board of directors on the 10th due to the deterioration of his physical strength.

In the future, he will provide management advice as an Honorary Counselor.

Mr. Jiro Ushio has served as the top management for more than 50 years as president and chairman since founding Ushio Electric in 1964, and in May this year he retired as chairman of the board as "a reliable management system is in place". Did.

After that, I served as a director's advisor, but as of the 10th, the director also retired.



According to the company, Mr. Ushio, who is 89 years old, himself offered to take responsibility for management.

In the future, as an honorary counselor, he will give advice in a form that is not directly related to the management of the company.



Ushio has been involved in the formulation of the government's economic and fiscal policy, including serving as the lead secretary of the Keizai Doyukai for four years since 1995, and serving as a private committee member of the Economic and Fiscal Advisory Council since 2001.