Changes to PHC Holdings Corporation Director Area of Responsibilities

Tokyo, January 31, 2019 - PHC Holdings Corporation (headquarters: Tokyo, Japan) announces changes to director area of responsibilities.

New director area of responsibilities as of February 1st, 2019

Changes to responsibility area

Position/Title	Name	Current	New
Associate Senior Corporate Executive Officer	Masahiro Uda	Chief Strategy Officer (CSO) Chief Financial Officer(CFO)	Chief Financial Officer(CFO)
Corporate Officer	Ryuichi Hirashima	Corporate Planning, BPR Promotion	Chief Strategy Officer (CSO) Corporate Planning, BPR Promotion

Corporate Communications Department
PHC Holdings Corporation
+81-3-6778-5311

PHC Holdings Corporation