Notice of Change and Reappointment of Directors and Corporate Auditors
UPDATE: 2026.03.24
Information
TOKYO, March 24, 2026 – Rapidus Corporation announced that the following changes and reappointments of directors and corporate auditors were resolved today at its Annual Shareholders’ Meeting and Board of Directors Meeting.
Newly Appointed Directors
- Outside DirectorToyoaki Nakamura
- Outside DirectorMihoko Shintani
Newly Appointed Auditor
- Outside Corporate AuditorKazuharu Watanabe
Retired External Directors and Auditor
- Outside DirectorEmiko Higashi
- Outside DirectorMitsunobu Koshiba
- Corporate AuditorYasuhiko Yamato
New Structure of Board of Directors and Corporate Auditors
Board of Directors
- Director and ChairmanTetsuro Higashi
- Representative Director, President and CEOAtsuyoshi Koike
- Representative Director and Senior Managing Executive OfficerAtsuo Shimizu（Head of Operations Division）
- Director, in charge of Legal and ComplianceMakoto Matsuo
- Director, Senior Managing Executive Officer, CFOAtsuko Murakami (Head of Corporate Division）
- Outside DirectorYoshimitsu Kobayashi
- Outside DirectorYoshio Nishi
- Outside DirectorSiva Sivaram
- Outside DirectorJohannes Stork
- Outside DirectorToyoaki Nakamura
- Outside DirectorMihoko Shintani
Corporate Auditors
- Outside Corporate AuditorYutaka Takeuchi
- Outside Corporate AuditorKazuharu Watanabe
Brief Biographies of Newly Appointed Directors and Auditor
Toyoaki Nakamura (Outside Director)
| April 1975 | Joined Hitachi, Ltd. |
|---|---|
| Jan. 2006 | General Manager, Finance Department I, Hitachi, Ltd. |
| April 2007 | Representative Executive Officer and Executive Officer, Hitachi, Ltd. |
| April 2010 | Representative Executive Officer, Senior Vice President and Executive Officer, and General Manager of Finance Group, Hitachi, Ltd. |
| June 2010 | Member, Tax System Committee / Chair, Planning Subcommittee, Japan Business Federation |
| Jan. 2011 | Member, National Tax Council, National Tax Agency |
| April 2012 | Representative Executive Officer and Executive Vice President, Hitachi, Ltd. |
| April 2013 | Representative Executive Officer, Executive Vice President and CFO, Hitachi, Ltd. |
| Aug. 2015 | Member, Management Committee, Deposit Insurance Corporation of Japan |
| Nov. 2015 | Member, Evaluation Committee for Incorporated Administrative Agencies, Ministry of Internal Affairs and Communications |
| June 2016 | Director (Audit Committee Member), Hitachi, Ltd. |
| May 2017 | Vice President (Representative Director), Japan Tax Association |
| Oct. 2017 | Member, Board of Governors, Government Pension Investment Fund |
| Dec. 2017 | Member, Corporate Governance System Study Group (Phase 2), Ministry of Economy, Trade and Industry |
| Aug. 2018 | Member, Audit Issues Council, Japanese Institute of Certified Public Accountants |
| Oct. 2018 | Vice Chairman (Representative Director), Japan Audit & Supervisory Board Members Association |
| July 2020 | Member of the Policy Board, the Bank of Japan |
| Nov. 2025 | President & Representative Director, Mito Country Club Co., Ltd. (current position) |
Mihoko Shintani (Outside Director)
| Oct. 2006 | Registered with the Dai-Ichi Tokyo Bar Association Joined TMI Associates |
|---|---|
| April 2017 | Adjunct Invited Staff, Japan Aerospace Exploration Agency (JAXA) |
| July 2018 | Founded Space Port Japan Association, and appointed as a Board Member (current position) |
| Jan. 2020 | Partner, TMI Associates (current position) |
| April 2020 | Auditor, SPACE FOODSPHERE Association |
| April 2021 | Member, Review and Evaluation Committee for the Aerospace Science and Technology Promotion Fund, Ministry of Education, Culture, Sports, Science and Technology |
| June 2021 | Independent Outside Director, SELM Inc. |
| Jan. 2022 | Member, Space Security Subcommittee, Space Policy Committee, Cabinet Office (current position) |
| May 2023 | Member, Space Transportation Subcommittee, Basic Policy Subcommittee, Space Policy Committee, Cabinet Office (current position) |
| June 2023 | Audit and Supervisory Committee Member, CELM Inc. (current position) |
| March 2024 | Member, Space Industry Subcommittee, Manufacturing Industries Subcommittee, Industrial Structure Council, Ministry of Economy, Trade and Industry (current position) |
| Sept. 2024 | Member, Subcommittee on the Review of the Space Activities Act, Basic Policy Subcommittee, Space Policy Committee, Cabinet Office (current position) |
| April 2025 | Member, GX Industrial Location Working Group for Realization of GX Industrial Structure, Cabinet Secretariat (current position) |
| July 2025 | Member, Study Group for Industrial Cybersecurity Working Group (Systems, Technologies, and Standardization), Ministry of Economy, Trade and Industry (current position) |
Kazuharu Watanabe (Outside Corporate Auditor)
| April 1984 | Joined Asahi Audit Corporation (currently KPMG AZSA LLC) |
|---|---|
| Oct. 1994 | Joined Asahi Arthur Andersen & Co. |
| June 2003 | Joined Disco Corporation |
| Nov. 2009 | Joined Square Enix Co., Ltd. |
| June 2013 | Chief Financial Officer, Square Enix Holdings Co., Ltd. |
| April 2018 | Director of Square Enix Co., Ltd. |
| July 2020 | Executive Officer and CFO, Net Protections, Inc. Executive Officer and CFO, Net Protections Holdings, Inc. |
| June 2021 | Director and CFO, Net Protections, Inc. (current position) Director and CFO, Net Protections Holdings, Inc. (current position) |
About Rapidus Corporation
Rapidus Corporation aims to develop and manufacture the world’s most advanced logic semiconductors. We will create new industries together with our customers through the development and provision of services to shorten cycle times in design, wafer processes, 3D packaging and more. We will continue to challenge ourselves in order to contribute to the fulfillment, prosperity and happiness of people’s lives through the use of semiconductors.
Rapidus Corporation
Headquarters: 4-1 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan
Founded:
August 10, 2022
Business Areas:
Development, design, manufacture, and sale of semiconductor devices, integrated circuits and other electronic components
Capital (as of February 27, 2026):
274.95 billion yen (including legal capital surplus)