Komori
Changes in Officers4689LY CorporationInformation and Communications, Services and Others

Notice Regarding the Company's Management and Executive Structure Effective 1 October 2026

Effective 1 October 2026, the company will establish a COO (Chief Operating Officer) position, with Senior Executive Officer Shu Makoto (秀 誠) assuming the role. This is not a change to the composition of the Board of Directors, but a strengthening of the executive structure.

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Who is moving to which position

Resolved 16 September 2026

Incoming appointee

1 item
Scheduled Appointment Date1 October 2026
Shu Makoto (秀 誠)
Previous positionSenior Executive Officer, Commerce Domain Lead, the company
New positionCOO (Chief Operating Officer)
入社年 2002
Reason for change

We decided to newly establish the position of COO to strengthen our ability to execute the business and maximize execution speed across the Company in support of further growth.

Reasons for appointment

As head of the commerce domain, Shu Makoto (秀 誠) has driven business transformation from a broad perspective across the entire domain, including our commerce business and collaboration with ZOZO, ASKUL, PayPay and SoftBank. He also has a track record of embedding strong operational capabilities throughout the organization by rigorously managing the business end to end, from identifying issues through decision-making and execution. The company determined that he is best suited to further raise the quality and speed of decision-making and execution across the company and selected him as COO.

Details of organizational changes

Establishment of a COO (Chief Operating Officer) position

Who is moving to which position
ItemDetails
Resolution date16 September 2026
Scheduled Appointment Date1 October 2026
Name of appointeeShu Makoto (秀 誠)
Appointee's new positionCOO (Chief Operating Officer)
Appointee's previous positionSenior Executive Officer, Commerce Domain Lead, the company
Year the appointee joined the Company2002
Reason for changeWe decided to newly establish the position of COO to strengthen our ability to execute the business and maximize execution speed across the Company in support of further growth.
Reasons for appointmentAs head of the commerce domain, Shu Makoto (秀 誠) has driven business transformation from a broad perspective across the entire domain, including our commerce business and collaboration with ZOZO, ASKUL, PayPay and SoftBank. He also has a track record of embedding strong operational capabilities throughout the organization by rigorously managing the business end to end, from identifying issues through decision-making and execution. The company determined that he is best suited to further raise the quality and speed of decision-making and execution across the company and selected him as COO.
Details of organizational changesEstablishment of a COO (Chief Operating Officer) position
Items this document does not state (12)
Date of departureAppointee's date of birthNumber of shares held by the appointeeName of departing officerFormer position of departing officerNew position of departing officerReason for departureWhether the incumbent will remain in officeNumber of directors after the changeFiling as an independent officerChange in Corporate Governance StructureSubject to Approval by the General Meeting of Shareholders

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.

To strengthen our ability to drive the business and maximize execution speed across the company in pursuit of further growth. Based on Shu Makoto (秀 誠)'s track record of driving business transformation, decision-making and execution in the commerce domain, the company determined that he is best suited to raise the quality and speed of decision-making and execution across the company.

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Notice Regarding the Company's Management and Executive Structure Effective 1 October 2026 | LY Corporation (4689) timely disclosure | Komori