AWL announces appointment of CFO

Press Release

AWL announces appointment of CFO

Tokyo, Japan – July 24, 2019 – AWL (President: Muneharu Kitade, Head Office: Chiyoda-ku, Tokyo), a subsidiary company of SATUDORA HOLDINGS (President: Hiroki Tomiyama, Head Office: Sapporo, Hokkaido, Securities Code:3544, Stock Exchange Listing: First Section on TSE) announces the appointment of Haruaki Sato as its Chief Financial Officer, effective July 24, 2019.

AWL is a market leader in AI and Deep Learning-based video analytics. Headquartered in Tokyo, Japan with offices in Hokkaido, Japan and Hanoi, Vietnam. International team with professionals from more than 10 countries, AWL Solutions provide actionable insights and intelligence for AI Industries.

As a subsidiary of SATUDORA HOLDINGS, a Retail Leader with innovative strategies in marketing, supply chain and store operations and big data, based on their 40 years of experience of SATUDORA, Sapporo Drug Store, one of the largest retails and health care store in Japan. AWL’s AI technologies meeting SATUDORA Group with their Business Intelligence in Retail, deliver innovative and effective AI solutions for the Client’s Business Goals.

AWL is currently working on business development with real store trials, aiming to launch the service to retail industries throughout Japan. The appointment of Haruaki Sato is to execute the company’s growth strategies, expand its market leadership position and to promote the diversity and create an innovative corporate culture. Mr. Sato will assume responsibility for the Treasury, Corporate Planning, Finance, and Continuous Improvement functions, and Business Partnerships.

“I look forward to seizing this opportunity and making a strong contribution
to AWL’s vision of creating a new value to retail industry by STORE × PEOPLE × TECHNOLOGY.” said Mr. Sato. “I believe that my key purpose in this new capacity is to facilitate the finance functions by my breadth of knowledge, experience in both corporate management and retail services.”

■Profile: Haruaki Sato
Haruaki Sato was previously the General Manager of Public Relations Office
Department, the General Manager of IR Office at ASKUL Corporation.
Mr. Sato has multiple experience leading successful new business, including Managing Executive Officer at GABA Corporation which he brought up to stock market listing. Prior to GABA, he served in several management positions within finance, IR and HR divisions in Starbucks Coffee Japan.
Born and grown up in Tokyo, Haruaki began his career at The Fuji Bank now Mizuho Bank, after he received his B.A. in Economics from Keio University.

■Corporate Profile
AWL, Inc.
President: Muneharu Kitade (Founder)
Head Office: Tokumiya Bldg. 6F, 1-12-4 Kudan-kita, Chiyoda-ku,
Tokyo 102-0073 Japan
Founded: June, 2016
Industry: AI Solutions

SATUDORA HOLDINGS CO., LTD. (Securities Code:3544, Stock Exchange Listing: First Section on TSE)
President: Hiroki Tomiyama
Head Office: 18, Taihei 3-jo, 1-chome 2, Kita-ku, Sapporo,
Hokkaido 002-8003 Japan
Founded: August, 2016

■Media contact
A. Fujimatsu & Y. Uchida of Press Services
TEL: +81-3-6380-8669