Who is moving to which position
Resolved 14 August 2026Incoming appointee
1 itemDeparting officer
1 item“Next role stated” means the document names the position the person holds after stepping down. It does not necessarily mean they are leaving the company.
Leaving office upon completion of the term of office
Will not remain on the Board of Directors
The Company will transition its sixth-sector industrialization business model to a new phase, withdraw from or significantly reduce certain businesses, including fisheries and seafood processing, to improve efficiency, and shift its management policy toward concentrating management resources on the food-service business. Under the new management structure, the Company will work to strengthen the competitiveness and improve the earnings power of its core food-service business.
He is a member of the founding family and has an in-depth understanding of the Company's corporate philosophy and the origins of its business. He has led the growth of the food-service business for many years and has previously served as Representative Director and President.
| Item | Details |
|---|---|
| Resolution date | 14 August 2026 |
| Scheduled Appointment Date | 25 September 2026 (scheduled to be formally decided at the 50th Annual General Meeting of Shareholders and the subsequent Board of Directors meeting, both scheduled to be held on the same day) |
| Date of departure | 25 September 2026 |
| Name of appointee | Takahiro Hirabayashi (平林 隆広) |
| Appointee's new position | Representative Director and President |
| Appointee's previous position | Chairman of the Board |
| Appointee's date of birth | Born 25 November 1974 |
| Year the appointee joined the Company | 1998 |
| Number of shares held by the appointee | 4,298,800 shares (record date: Not disclosed) |
| Name of departing officer | Nagasawa Shigehiro (長澤 成博) |
| Former position of departing officer | Representative Director and President |
| New position of departing officer | (Retirement) |
| Reason for departure | Leaving office upon completion of the term of office |
| Whether the incumbent will remain in office | Will not remain on the Board of Directors |
| Reason for change | The Company will transition its sixth-sector industrialization business model to a new phase, withdraw from or significantly reduce certain businesses, including fisheries and seafood processing, to improve efficiency, and shift its management policy toward concentrating management resources on the food-service business. Under the new management structure, the Company will work to strengthen the competitiveness and improve the earnings power of its core food-service business. |
| Reasons for appointment | He is a member of the founding family and has an in-depth understanding of the Company's corporate philosophy and the origins of its business. He has led the growth of the food-service business for many years and has previously served as Representative Director and President. |
| Subject to Approval by the General Meeting of Shareholders | Required. Formal approval is scheduled to be given at the Company's 50th Annual General Meeting of Shareholders, scheduled for 25 September 2026, and at the subsequent Board of Directors meeting |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company will shift its management policy by withdrawing from or significantly reducing businesses involving earnings volatility risk, such as fisheries and seafood processing, improving efficiency through partnerships, and concentrating management resources on its food-service business. Under the new management structure, Takahiro Hirabayashi (平林 隆広), who has led the growth of the food-service business, will be appointed Representative Director and President to strengthen the competitiveness and earnings power of food-service businesses, including Akamaruya, government-office cafeterias and the udon business. Narihiro Nagasawa (長澤 成博) will retire upon completion of his term after fulfilling his role in business-portfolio reform and the development and advancement of a sixth-sector industrialization business model for fisheries.