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 SHUJI KITA
President
Hanwa Co., Ltd
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| CURRICULUM VITAE |
| Name: | SHUJI KITA |
| Date of Birth: | January 28, 1943 |
| Schooling: | Tokyo University (Class of 1966), Undergraduate School of Economics |
BUSINESS EXPERIENCES |
| April, 1966 | Entered The Ministry of International Trade and Industry (MITI) of the Japanese government |
| April, 1983 | Director General of Industry & Commerce Department, Osaka Bureau of MITI |
| March, 1985 | Director of Oil Development Division, Petroleum Department, Agency of Resources & Energy of MITI |
| May, 1987 | Director General of the Japan External Trade Organization (JETRO), Jakarta Office, Indonesia |
| January, 1989 | Director General of General Coordination and Policy Planning, Department, Kanto Bureau of MITI |
| June, 1991 | Deputy Director (Price Bureau) of the Economic Planning Agency, (EPA), Director-General's Secretariat |
| June, 1993 | Retired from the Governmental Service and elected as Managing Director of Hanwa Company Ltd. at New York, U.S.A. |
| February, 1994 | President of Hanwa Company Ltd. (August, 1999 President of Hanwa Scholarship Foundation) |
HIGHLIGHTS IN HANWA |
| February, 1994 |
Immediately after appointed to as the President of Hanwa Co., Ltd., I officially declared to concentrate to Hanwa's main business line.
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| August, 1999 |
Obtained special resolution at the Extraordinary Shareholders Meeting held in December, 1997 to have voluntary capital reduction through return of capital and first implementation was done in 1998 to buy 100 million shares. And the second voluntary capital reduction was approved at directors board meeting held in May, 1999 to buy further 80 million shares. This second reduction was done in August, 1999.
The purpose of these capital reduction were to restore the capital structure in a sound condition and to reduce the total issued shares to lower the impact of dividend payment in future.
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| June, 2002 |
Hanwa resumed dividend payment for the first time in 8 fiscal years.
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| June, 2004 |
Set a 4th Mid-Term Business Plan to pursue further development.
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| March, 2006 |
Hanwa's net sales (consolidated) exceeded \trillion which marked the highest record since its foundation.
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