April 12, 2000
Launching of Business Integration Committee
Nippon Paper Industries Co., Ltd.
Daishowa Paper Manufacturing, Co., Ltd.
On April 11, we launched the Business Integration Committee to ensure that business integration by Nippon Paper Industries' and Daishowa Paper Manufacturing's joint holding company proceeds smoothly. An overview of the committee and supporting structure is provided below.
Business Integration Promotion Organization
1. Chief Council
2. Business Integration Committee
3. Function-specific subcommittees
5. Special committees
|1)||Purpose||Discuss and decide crucial matters concerning integration.|
|2)||Schedule||To be held whenever necessary.|
|3)||Members||Nippon Paper Industries: Masao Kobayashi, President, and Yasuhiko Kurosawa, Executive Vice President |
Daishowa Paper Manufacturing: Kazumoto Sogo, President, and Koshiro Kitaoka, Senior Managing Director
Business Integration Committee
|1)||Purpose||Deliberate crucial matters concerning integration including basic policy, measures, and stock transfer ratios for implementing the organization, functions, and integration effects of the holding company and joint sales company. In addition, manage and promote the entire task of integration.|
|2)||Schedule||Meets once a month as a general rule.|
|3)||Members||Nippon Paper Industries: Yasuhiko Kurosawa, Executive Vice President, Kiichiro Sakai, Executive Vice President, Soji Ban, Senior Management Director, Takahiko Miyoshi, Senior Management Director, and Isao Nakajima, Managing Director Daishowa Paper Manufacturing: Masayuki Mifune, Senior Vice President, Tsuneo Kikuchi, Senior Managing Director, Koshiro Kitaoka, Senior Managing Director, Nobuhiro Kato, Director, and Masayuki Hayashi, Director|
|4)||Secretariat||Corporate Planning Department, Nippon Paper Industries Business Integration Section, Daishowa Paper Manufacturing|
Subcommittees will be established for the following areas to provide in-depth studies of the matters required for achieving smooth integration and extracting the maximum potential from integration.
Special committees will be established as necessary to discuss special Business Integration Committee matters in specific areas.