Our leadership

The Board of Directors (As of March 23, 2022)

The Board of Directors assumes responsibility in making decisions for important issues including Group strategy as well as supervising all the activities of the Group. Currently, we have nine directors including three independent outside directors.

  • Mutsuo Iwai

    Mutsuo Iwai

    Chairperson of the Board

    Reasons for appointment
    1. Mutsuo Iwai assumed the position of Deputy Chairperson of the Board of the Company in March 2020.

      He has experience of driving the core tobacco business as Representative Director and Executive Vice President of the Company even in unclear and uncertain operating environments, with his forceful execution of business backed by precise decision-making.

      In addition, his broad and deep knowledge and insights cultivated through diverse experience both in Japan and overseas in areas such as the Food Business and Corporate Strategy have contributed to the strengthening of the supervisory function of the Group and relationships with stakeholders, which are essential to the improvement of the corporate governance of the Group going forward.

      For this reason, we propose his reelection as a Member of the Board.

  • Shigeaki Okamoto

    Shigeaki Okamoto

    Deputy Chairperson of the Board

    Reasons for appointment
    1. Having served important roles such as Administrative Vice Minister of the Ministry of Finance during his long years of service with ministries and bureaus, Shigeaki Okamoto possesses considerable knowledge and experience in general national policies.

      We propose his election based on our view that his broad outlook and high standing underpinned by his experience are essential to the further enhancement of the corporate governance of the Group.

  • Masamichi Terabatake

    Masamichi Terabatake (*)

    Representative Director

    Reasons for appointment
    1. Masamichi Terabatake was appointed President and Chief Executive Officer of the Company in January 2018, and then Representative Director and President in March of the same year.

      He has used the extensive experience and his knowledge and powerful leadership in relation to global business management, accumulated in a range of duties such as the drawing up and execution of management strategy both in Japan and overseas, and the execution of the business of the International Tobacco Business in his role as Executive Vice President of JT International S.A., and in doing so has been a driver of the growth of the Group.

      We judge that his extraordinary insights and wide-ranging outlook, together with his enhanced reforming capabilities, are indispensable for the management of the Group going forward, and hence we propose his reelection as a Member of the Board.

  • Naohiro Minami

    Naohiro Minami (*)

    Representative Director

    Reasons for appointment
    1. Naohiro Minami was appointed Executive Vice President of the Company in January 2018, and then Representative Director and Executive Vice President in March of the same year.

      He has fully leveraged the wide-ranging and deep knowledge that he cultivated during his service as Controller, and Senior Vice President, Chief Financial Officer, particularly in the field of accounting and finance, to play a key role in the management of the Company and contribute to its growth.

      We judge that his accurate decision-making and strategic thinking, and the diverse experience on which they are based, make a contribution to maintaining and broadening the management base that provides the support for the expansion of the Group's business, and will be indispensable in driving the Group's management further forward, for which reason we propose his reelection as a Member of the Board.

  • Kiyohide Hirowatari

    Kiyohide Hirowatari (*)

    Representative Director

    Reasons for appointment
    1. Kiyohide Hirowatari was appointed Executive Vice President of the Company in January 2018, and then Representative Director and Executive Vice President in March of the same year.

      He has acquired leadership and wide-ranging knowledge in such areas of company law, business management and HR during his time serving in diverse and important roles, including Senior Vice President, Chief Legal Officer, Head of Tobacco Business Planning Division, Tobacco Business, and Senior Vice President, Human Resources, and has utilized them to maintain a foundation for the Company's sustainable growth and to draw up strategy.

      We judge that his keen discernment and accurate decision-making, which is based on the knowledge and experience he has cultivated in a broad range of fields, will prove indispensable in the Group's management going forward, for which reason we propose his reelection as a Member of the Board.

  • Kazuhito Yamashita

    Kazuhito Yamashita (*)

    Member of the Board

    Reasons for appointment
    1. Kazuhito Yamashita assumed the position of Member of the Board and Senior Vice President of the Company in March 2019.

      He has served in such roles as Senior Vice President, Chief Corporate, Scientific & Regulatory Affairs Officer, and Head of China Division, focusing on promoting social and environmental issues and on the expansion of the overseas business, and he has leveraged the wide-ranging experience and knowledge thus acquired to contribute to establishing an environment conducive to the Company's business.

      His leadership, and the broad knowledge he has cultivated, are indispensable to the corporate governance that will form the foundation of the Group's sustainable growth going forward, for which reason we propose his reelection as a Member of the Board.



  • Main Kohda

    Main Kohda

    Member of the Board

    Reasons for appointment
    1. Main Kohda assumed the position of Outside Director of the Company in June 2012. She did not engage in corporate management previously other than serving as an Outside Director or an Outside Auditor.

      Nevertheless, we have benefited from her in-depth knowledge of international finance, her broad experience gained from serving on government examination committees and similar positions, and her deep insight and objective point of view that she has demonstrated through her activities as a novelist being reflected in the management of the Company and she has worked tirelessly to supervise business execution from a fair and independent standpoint.

      We believe her wide-ranging experience and broad knowledge are essential for the Group management by the Company, and thus propose her reelection in expectation of her continuous contribution as Outside Director of the Company to improving corporate governance in the Group through her proactive recommendations and advice provided at the meetings of the Board of Directors and the Advisory Panel on Nomination and Compensation.

  • Yukiko Nagashima

    Yukiko Nagashima

    Member of the Board

    Reasons for appointment
    1. Yukiko Nagashima assumed the position of Outside Director of the Company in March 2019.

      We have benefited from her experience in corporate management and execution of business in a wide range of fields, such as emerging businesses and temporary staffing and objective point of view based on her experience as a Member of the Audit and Supervisory Boards being reflected in the management of the Company and she has worked tirelessly to supervise business execution from a fair and independent standpoint.

      We judge that her experience from the perspectives of both management and audit and a high degree of knowledge cultivated thereby will be essential in the Group's management.

      For this reason, we propose her reelection in expectation of her continuous contribution as Outside Director of the Company to improving corporate governance in the Group through her proactive recommendations and advice provided at the meetings of the Board of Directors and the Advisory Panel on Nomination and Compensation.

  • Masato Kitera

    Masato Kitera

    Member of the Board

    Reasons for appointment
    1. Masato Kitera assumed the position of Outside Director of the Company in March 2021.

      He did not engage in corporate management previously other than serving as an outside director or an outside auditor.

      However, he held important positions over many years of service with the government, primarily in the Ministry of Foreign Affairs. With his extensive international experience and a high level of knowledge of international affairs cultivated during his diplomatic and other activities reflected in the management of the Group as it expands its business outside Japan at a time of globally increasing geopolitical risks, he has worked tirelessly to provide advice and oversight which contribute to the further enhancement of corporate governance.

      We believe his high level of international experience and broad knowledge are essential for the Group management by the Company, and thus propose his reelection in expectation of his continuous contribution as Outside Director of the Company to improving corporate governance in the Group through his proactive recommendations and advice provided at the meetings of the Board of Directors and the Advisory Panel on Nomination and Compensation.

  • Masato Kitera

    Tetsuya Shoji

    Member of the Board

    Reasons for appointment
    1. Having served as a president and representative director for a telecommunications company, Tetsuya Shoji has considerable experience, track record, and insight into corporate management.

      We expect he, as Outside Director, will utilize his wide experience in areas such as corporate planning, human resources, global operations, and digitization promotion in the management of the Group as it expands its business outside Japan and regards IT/information security as one of the increasingly important management foundations in the future, and properly offer advice and oversight that contribute to the further enhancement of corporate governance of the Company.

      For this reason, we propose his election.

The Directors marked with (*) are also the Group's Executive Officers.

The Audit & Supervisory Board (As of March 23, 2022)

Entrusted by shareholders and ensured of its autonomy, the Audit & Supervisory Board conducts accounting audits as well as operating audits. Currently, we have five audit & supervisory board members including three Outside Audit & Supervisory Board Members.

  • Ryoko Nagata

    Standing Audit & Supervisory Board Member

    Reasons for appointment
    1. Ms. Nagata has been an Audit & Supervisory Board Member of the JT Group since March 2018.

      She has contributed in the Group's auditing through leveraging her abundant experience and her wide-ranging insights with regard to the Group's business operations across operational businesses and internal departments.

      We believe her experience and knowledge are indispensable for the JT Group's to better its corporate governance going forward.

  • Hiroshi Yamamoto

    Standing Audit & Supervisory Board Member

    Reasons for appointment
    1. Mr. Yamamoto has served in such roles as the Vice President of the Non-Tobacco Material Procurement Division of the Tobacco Business, and as Vice President of the Operational Review and Business Assurance.

      He particularly played an important role in the latter position by enhancing the Group's corporate governance in its business operations. We acknowledge he has fulfilled his duties as an Audit & Supervisory Board Member in relation to the effective auditing of the Group through his detailed, deep and wide-ranging knowledge as well as experience across all business operations and in direct departments, making his knowledge and experience indispensable for the JT Group to better its corporate governance going forward.

  • Toru Mimura

    Standing Audit & Supervisory Board Member
    (Outside Audit & Supervisory Board Member)

    Reasons for appointment
    1. Mr. Mimura has deep knowledge of such fields as finance, global risk management, geopolitics and corporate law through his extensive experience over many years of serving in a wide range of important positions in ministries and bureaus, in addition to his role as research institute chairperson.

      His broad and deep knowledge have made a significant contribution to the effective auditing of the JT Group in this highly uncertain business environment. We believe his roles as Standing Audit & Supervisory Board Member and Outside Audit & Supervisory Board Member have facilitated improvements to auditing from a third-party perspective, and led to strengthening the Group's corporate governance. Therefore, we deem his knowledge and experience to be indispensable for the JT Group to better its corporate governance going forward.

      Mr. Mimura meets all requirements for being appointed an independent director prescribed by the Tokyo Stock Exchange, Inc. and complies with a set of internal independence criteria, which has been revised in accordance with a resolution of the Board of the Directors on November 24, 2020. Therefore, the JT Group will newly appoint him as our independent director on March 24, 2021.

  • Hiroshi Obayashi

    Audit & Supervisory Board Member
    (Outside Audit & Supervisory Board Member)

    Reasons for appointment
    1. Mr. Obayashi has been our Audit & Supervisory Board Member since March 2015.

      In addition to his extensive experience in the legal circles, he has significant experience as an outside director and outside Audit & Supervisory Board member across a wide range of industries.

      We consider his deep knowledge and experience have greatly contributed to effective auditing on the Group and are indispensable for the JT Group to better its corporate governance going forward.

  • Koji Yoshikuni

    Audit & Supervisory Board Member
    (Outside Audit & Supervisory Board Member)

    Reasons for appointment
    1. Mr. Yoshikuni has served in such roles at Japan Broadcasting Corporation as the Director Responsible for Finance of News Department, Chief of Secretariat for Board of Governors, and Executive Director.

      He has knowledge of politics and economics cultivated over long years in his journalist career as well as management experience that makes him well-versed with all business operations and internal departments. His broad knowledge based on his experience has greatly contributed to effective auditing on the Group and we believe it is indispensable for the JT Group to better its corporate governance going forward.

Executive officers (As of March 23, 2022)

JT employs an executive officer system to ensure effective and efficient management by promptly responding to changes in the operating environment and, thus, increase corporate value. Executive officers are appointed by the Board of Directors. At the same time, the board assigns certain responsibilities and delegates relevant authorities to executive officers in accordance with the Rules Defining the Extent of Responsibility and Authority.

President

  • Masamichi Terabatake

    Chief Executive Officer and President of Tobacco Business

Executive Vice Presidents

  • Naohiro Minami

    Finance and Corporate Communications

  • Kiyohide Hirowatari

    Corporate Strategy, Sustainability, People & Culture, Information Technology, Legal, Operation Review & Business Assurance, Pharmaceutical Business and Food Business

Senior Vice Presidents

  • Kazuhito Yamashita

    Corporate Governance, Compliance

  • Junichi Fukuchi

    Chief Executive Officer, Tobacco Business, Japan

  • Yuki Maeda

    Chief Financial Officer, Tobacco Business, Japan

  • Eiichi Kiyokawa

    Sales, Tobacco Business, Japan

  • Kenji Ogura

    Corporate Affairs & Communications, Tobacco Business, Japan

  • Chigusa Ogawa

    Leaf Procurement, Tobacco Business, Japan

  • Yasuhiro Nakajima

    Head of RRP Japan Office, Tobacco Business, Japan

  • Shuichi Hirosue

    Marketing, Tobacco Business, Japan

  • Akihiro Koyanagi

    Manufacturing, Tobacco Business, Japan

  • Daniel Torras

    Performance & Integration, Tobacco Business, Japan

  • Muneaki Fujimoto

    President, Pharmaceutical Business

  • Shigenori Ohkawa

    Head of Central Pharmaceutical Research Institute, Pharmaceutical Business

  • Hiromasa Furukawa

    Food Business

  • Kei Nakano

    Corporate Strategy

  • Takehisa Shibayama

    Information Technology

  • Hiroyuki Fukuda

    Corporate Communications

  • Osamu Hirose

    General Counsel

  • Hisato Imokawa

    Chief Sustainability Officer

  • Nobuya Kato

    Chief Financial Officer

  • Yoshiyuki Mishima

    People & Culture

Skills Matrix for the Directors and Members of the Audit & Supervisory Board

The Board of Directors has resolved to adopt the concept of skills necessary for the Members of the Board and developed a skills matrix that lists the areas in which the knowledge and experience of each director and member of the audit & supervisory board is expected to be particularly effective.

Concept of skills necessary for the Members of the BoardPDF:128kb

Skills matrix of the Directors and Members of the Audit & Supervisory BoardPDF:88.6kb