Who is moving to which position
Resolved 20 May 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.
An offer to resign as representative director, president, executive officer and CEO effective 20 May 2026, having taken seriously the series of actions and his management responsibility
Expected to remain as a director until the conclusion of the Annual General Meeting of Shareholders scheduled for 25 June 2026
Inappropriate conduct by Ono Naohiko (小野尚彦) in his capacity as president and representative director was identified, and Ono Naohiko (小野尚彦) offered to resign, which the Board of Directors accepted. Following the resignation of Ono Naohiko (小野尚彦), Saito Hitoshi (齋藤仁志) was newly selected as representative director, president, executive officer and CEO.
The company plans to carry out organizational reforms to correct the concentration of authority in specific individuals, review and strengthen its governance structure, and review its executive structure, among other measures. However, specific details regarding the establishment, integration or abolition of divisions or departments are not disclosed.
| Item | Details |
|---|---|
| Resolution date | 20 May 2026 |
| Scheduled Appointment Date | 20 May 2026. Saito Hitoshi (齋藤仁志) will be appointed representative director, president, executive officer and CEO as of the same date. |
| Date of departure | Ono Naohiko (小野尚彦) will resign as representative director, president, executive officer and CEO on 20 May 2026. His expected resignation as a director is at the conclusion of the Annual General Meeting of Shareholders scheduled for 25 June 2026. |
| Name of appointee | Saito Hitoshi (齋藤仁志) |
| Appointee's new position | Representative Director, President, Executive Officer and CEO |
| Appointee's previous position | Managing Director, Senior Executive Officer, COO, CIO and General Manager of the Business Strategy Division |
| Appointee's date of birth | 19 January 1978 |
| Year the appointee joined the Company | 2006 |
| Number of shares held by the appointee | 64,711 shares (record date: Not disclosed) |
| Name of departing officer | Ono Naohiko (小野尚彦) |
| Former position of departing officer | Representative Director, President, Executive Officer and CEO |
| New position of departing officer | Director (without representative authority) |
| Reason for departure | An offer to resign as representative director, president, executive officer and CEO effective 20 May 2026, having taken seriously the series of actions and his management responsibility |
| Whether the incumbent will remain in office | Expected to remain as a director until the conclusion of the Annual General Meeting of Shareholders scheduled for 25 June 2026 |
| Reason for change | Inappropriate conduct by Ono Naohiko (小野尚彦) in his capacity as president and representative director was identified, and Ono Naohiko (小野尚彦) offered to resign, which the Board of Directors accepted. Following the resignation of Ono Naohiko (小野尚彦), Saito Hitoshi (齋藤仁志) was newly selected as representative director, president, executive officer and CEO. |
| Details of organizational changes | The company plans to carry out organizational reforms to correct the concentration of authority in specific individuals, review and strengthen its governance structure, and review its executive structure, among other measures. However, specific details regarding the establishment, integration or abolition of divisions or departments are not disclosed. |
| Subject to Approval by the General Meeting of Shareholders | Ono Naohiko (小野尚彦) is expected to resign as a director at the conclusion of the Annual General Meeting of Shareholders scheduled for 25 June 2026. In connection with this, the company has published a Notice Regarding the Determination of Director Candidates and Other Matters. Details of the proposal name and whether shareholder approval is required are not disclosed. |
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.An investigation by an external law firm found that Ono Naohiko (小野尚彦) had engaged in inappropriate conduct toward multiple officers and employees. Ono Naohiko (小野尚彦) offered to resign, having taken seriously the series of actions and his management responsibility. The company explained that there were also areas for improvement in the concentration of authority and in its governance and compliance systems.