Japanese

Announcement of New Management Structure

June 28, 2001

-Newly Elected Members of the Board of Directors, Corporate Auditors & Executive Officers-

Members of the board of directors and auditors have been elected at the ordinary general meeting of shareholders today. Executive officers were also elected at the board of directors meeting, which has been held immediately after it. The elected members of the board of directors, corporate auditors and executive officers as well as their title and functions are as follows:

Directors & Executive Officers

^*indicates representative director of the board

Title	Name	Business Duties
^*Chairman of the Board & Chief Executive Officer	YOSHIDA, Shoichiro
^*Vice Chairman of the Board & Chief Financial Officer	ENYA, Kenji
^*President, Member of the Board & Chief Operating Officer	SHIMAMURA, Teruo
^*Executive Vice President, Member of the Board	HARA, Yasujiro	Assistant of President, President of Business Administration Center
Managing Director, Member of the Board & Senior Executive Officer	KARIYA, Michio	President of Imaging Company
Managing Director, Member of the Board & Senior Executive Officer	SASAYAMA, Shinya	President of Precision Equipment Company
Managing Director, Member of the Board & Senior Executive Officer	TAKAHASHI, Yosuke	President of Business Development Center & President of Core Technology Center
Managing Director, Member of the Board & Senior Executive Officer	KUROSAWA, Masami	President of Corporate Strategy Center & General Manager of Financing & Accounting Department
Director, Member of the Board	TSUCHIDA, Terumichi	Senior Corporate Advisor, Meiji Life Insurance Company
Director, Member of the Board	KONO, Shunji	Counselor, The Tokio Marine and Fire Insurance Co., Ltd.
Director, Member of the Board & Executive Officer	TOKOI, Kazumasa	Vice President of Business Administration Center & General Manager of Legal Affairs Department

Standing Corporate Auditor	OBANA, Yuji
Standing Corporate Auditor	IMAGAWA, Yoshiro
Corporate Auditor	SHIDACHI, Takuji	Senior Advisor, The Mitsubishi Trust and Banking Corporation
Corporate Auditor	OKANO, Mitsutake	Corporate Advisor, Mitsubishi Corporation

Executive Officer	NISHIDA, Yoichi	President, Nikon-Essilor Co., Ltd.
Executive Officer	TAMORI, Takashi	President of Instruments Company
Executive Officer	OTSUKA, Motosuke	Vice President of Corporate Strategy Center & Vice President of Core Technology Center
Executive Officer	SHIMIZU, Hisayuki	President, Nikon Precision Inc.
Executive Officer	UMEDA, Yuichi	General Manager of IC Equipment Division, Precision Equipment Company, & General Manager of Lens Design and Production Management Department, IC Equipment Division & General Manager of Production Control Management Department, IC Equipment Division
Executive Officer	MIYAUCHI, Norio	Divisional President of Office of Management Strategy
Executive Officer	KAJIWARA, Mamoru	Vice President of Business Administration Center & General Manager of Personnel Management Department
Executive Officer	MORI, Hidetoshi	General Manager of LCD Equipment Division, Precision Equipment Company
Executive Officer	WATANABE, Takao	Vice President of Core Technology Center & General Manager of Intellectual Property Department
Executive Officer	SUWA, Kyoichi	General Manager of Sales & Marketing Headquarters, Precision Equipment Company
Executive Officer	KAWAI, Yoshimichi	General Manager of Customized Products Division
Executive Officer	KIMURA, Makoto	General Manager of Strategic Planning Department, Imaging Company & General Manager of Marketing & Merchandising Management Department, Imaging Company & General Manager of Marketing Department, Marketing & Merchandising Management Department
Executive Officer	TOMINO, Naoki	General Manager of Development Management Department, Imaging Company

-Modification of Organizational Structure-

The organizational structure has been modified today and the main modifications are as follows;

The Office of Strategy Management is newly established as major organizational unit to enhance the consolidated group management through Nikon group business structural reform and management strategy planning and promotion.

New Structure of Nikon Group

The information is current as of the date of publication. It is subject to change without notice.