Mercari, Inc. (“Mercari”) announces that, at the 12th General Meeting of Shareholders held on September 25, 2024, it resolved to shift to a new executive structure and newly appoint Shiho Konno, Kumi Fujisawa, Mayumi Umezawa, and Kikka Hanazawa as directors.
Names and career summaries of new directors
| Name | Career Summary |
|
Shiho Konno Outside Director |
Apr. 1991: Registered with Daiichi Tokyo Bar Association June 2005: Audit and Supervisory Board Member of Yahoo Japan Corporation (currently LY Corporation) Mar. 2008: Auditor of Advanced Softmaterials Inc. (currently ASM Inc.) June 2014: Member of the Committee on Realization of a Gender-Equal Society at the Japan Federation of Bar Associations (current position) Aug. 2014: Auditor of Japan Corporate Governance Network Mar. 2015: Shiho Konno Habataki Law Office (current position) June 2015: Outside Director of Watami Co., Ltd. June 2016: External Director of Kakaku.com, Inc. June 2017: Outside Director of Alfresa Holdings Corporation June 2018: Outside Audit & Supervisory Board Member of Shinsei Bank, Limited (currently SBI Shinsei Bank, Limited) June 2018: Member of the Board of Monex Group, Inc. June 2021: Outside Director of LIXIL Corporation (current position) Mar. 2022: Outside Audit & Supervisory Board Member of Pegasus Tech Holdings, Inc. (current position) |
|
Kumi Fujisawa Outside Director |
Apr. 1989: Joined KOKUSAI Investments Trust Management Co., Ltd. Sept. 1991: Joined Schroder Investment Management (Japan) Limited Apr. 1995: Representative Director of IFIS JAPAN LTD. June 2004: Vice Chairman of the Investment Trusts Association, Japan (current position) June 2011: Governor of the Japan Securities Dealers Association (current position) June 2013: Outside Director of the Shizuoka Bank, Ltd. Aug. 2013: Representative Director of SophiaBank Co., Ltd. June 2014: Outside Member of the Board of Toyota Tsusho Corporation May 2016: Outside Director, Member of the Board of Creek & River Co., Ltd. Jan. 2021: Outside Director of CellSource Co., Ltd. (current position) Dec. 2021: Outside Director of Net Protections Holdings, Inc. (current position) Apr. 2022: Chairperson of Institute for International Socio-Economic Studies (current position) Oct. 2022: Outside Director of Shizuoka Financial Group, Inc. (current position) |
|
Mayumi Umezawa Outside Director |
Oct. 2002: Joined the Tokyo office of Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) May 2006: Registered as a certified public accountant July 2006: Umezawa Accountant Office (currently Mayumi Umezawa CPA Office) (current position) May 2007: Joined McDonald’s Company (Japan), Ltd. Feb. 2012: Finance Manager of Disney Store Department at The Walt Disney Company (Japan) Ltd. July 2016: Representative Director of Accounting Labo (currently Accounting Labo Co., Ltd.) (current position) July 2016: Outside Audit & Supervisory Board Member of Retty Inc. Dec. 2017: Non-executive Director (Audit & Supervisory Board Member) of Retty Inc. Nov. 2019: Supervisory Director of Japan Hotel REIT Investment Corporation (current position) Apr. 2021: Outside Director of Wellness Communications Corporation Mar. 2022: Outside Director (Audit and Supervisory Committee Member) of ROYAL HOLDINGS Co., Ltd. (current position) |
|
Kikka Hanazawa Outside Director |
Apr. 1991: General Manager, Itochu Fashion System Co., Ltd. New York office Apr. 1995: Vice President of Marketing, Cygne Designs, Inc. Apr. 1998: CEO of CYGNE INTERNATIONAL Dec. 2002: Director of Strategic Planning, Link Theory Holdings Co., Ltd. Apr. 2007: CEO of VPL Apr. 2011: President of Fashion Girls for Humanity (current position) Jan. 2022: Co-founder of Yabbey (current position) Mar. 2023: Director of Columbia University (current position) |
Reasons for nomination and overview of expected role
Shiho Konno (Outside Director)
Shiho Konno possesses professional expertise in the fields of corporate legal affairs and corporate governance. She also possesses extensive knowledge and profound insight in the fields of risk management and compliance, cultivated through her experience as an outside officer of listed companies. Mercari has therefore nominated her as a candidate for Outside Director, expecting that she will draw on her knowledge and experience to contribute to strengthening the supervising and decision-making functions of the Board of Directors of Mercari.
Kumi Fujisawa (Outside Director）
As the manager of an investment trust evaluation company and a think tank, Kumi Fujisawa possesses extensive experience in promoting innovations to address social issues. She also possesses extensive experience and profound insight in global business, corporate governance, and other fields, cultivated through her experience as an outside officer of listed companies. Mercari has therefore nominated her as a candidate for Outside Director, expecting that she will draw on her knowledge and experience to contribute to strengthening the supervising and decision-making functions of the Board of Directors of Mercari.
Mayumi Umezawa (Outside Director)
Mayumi Umezawa possesses professional expertise in the fields of finance and accounting through her work as a certified public accountant and in corporate accounting and finance departments. She also possesses profound insight into the fields of risk management, compliance, and corporate governance cultivated through her experience as an outside officer at listed companies. Mercari has therefore nominated her as a candidate for Outside Director, expecting that she will draw on her knowledge and experience to contribute to strengthening the supervising and decision-making functions of the Board of Directors of Mercari.
Kikka Hanazawa (Outside Director)
Kikka Hanazawa possesses extensive experience in business management, primarily in the US, tackling social issues through businesses. She also possesses profound insight into the field of sustainability through her work operating multiple non-profits and launching philanthropic activities. Mercari has therefore nominated her as a candidate for Outside Director, expecting that she will draw on her knowledge and experience to contribute to strengthening the supervising and decision-making functions of the Board of Directors of Mercari.
New executive structure
Starting September 25, 2024, the executive structure of Mercari, Inc. will be as follows.
Directors
| Name | New Title | Old Title |
| Shintaro Yamada | Director, Representative Executive Officer and CEO | Director, Representative Executive Officer and CEO |
| Fumiaki Koizumi | Director, President / CEO of Kashima Antlers F.C. Co., Ltd. | Director, President / CEO of Kashima Antlers F.C. Co., Ltd. |
| Sayaka Eda | Director, Executive Officer, Senior Vice President of Corporate, and Chief Financial Officer | Director, Executive Officer, Senior Vice President of Corporate, and Chief Financial Officer |
| Mayumi Tochinoki | Director | Director |
| Makiko Shinoda | Outside Director | Outside Director |
| Takuya Kitagawa | Outside Director | Outside Director |
| Daiken Tsunoda | Outside Director | Outside Director |
| Kazuhiko Toyama | Outside Director | Outside Director |
| Shiho Konno | Outside Director | (New appointment) |
| Kumi Fujisawa | Outside Director | (New appointment) |
| Mayumi Umezawa | Outside Director | (New appointment) |
| Kikka Hanazawa | Outside Director | (New appointment) |
Executive Officers
| Name | New Title | Old Title |
| Shintaro Yamada* | Director, Representative Executive Officer and CEO | Director, Representative Executive Officer and CEO |
| Sayaka Eda* | Director, Executive Officer, Senior Vice President of Corporate, and Chief Financial Officer | Director, Executive Officer, Senior Vice President of Corporate, and Chief Financial Officer |
| John Lagerling | Executive Officer, Senior Vice President of Global Strategy / Chief Executive Officer of Mercari, Inc. (US) | Executive Officer, Senior Vice President of Global Strategy / Chief Executive Officer of Mercari, Inc. (US) |
| Masato Yamamoto | Executive Officer, Senior Vice President of Japan Region / Chief Executive Officer (Marketplace) | Executive Officer, Senior Vice President of Japan Region / Chief Executive Officer (Marketplace) |
| Shuji Kawano | Executive Officer, Senior Vice President of Management Strategy | Executive Officer, Senior Vice President of Management Strategy |
Note: Asterisk indicates executive officers for whom the role of director is a concurrent role.
Through this new Board of Directors structure, formed in consideration of balance of knowledge, experience, and abilities, gender balance, and other aspects of diversity, Mercari will aim to realize highly effective supervision of management and continue to take on bold challenges under its Group mission: “Circulate all forms of value to unleash the potential in all people.”