Who is moving to which position
Resolved 22 October 2026Incoming appointee
3 itemsDeparting officer
3 items“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.
Motohiro Koma (小間基裕): term completed at his own request. Kazuki Hanabusa (英一樹), Kunihiro Tanaka (田中邦裕): Not disclosed.
Motohiro Koma (小間基裕), Kazuki Hanabusa (英一樹) and Kunihiro Tanaka (田中邦裕) will all leave the Board of Directors. Motohiro Koma (小間基裕) is scheduled to become an adviser (Senior Fellow), and Kazuki Hanabusa (英一樹) is scheduled to become a general manager.
The composition of the Representative Directors will change as Representative Director and COO Motohiro Koma (小間基裕) retires as a director upon completion of his term at the conclusion of this Annual General Meeting of Shareholders, at his own request. Naoki Tonoki (外木直樹), who will serve as his successor, is scheduled to be newly selected as Representative Director and COO, having been judged suitable for the position after comprehensive consideration of his experience, track record and other factors.
Individual reasons for the appointment of Koji Asano (麻野耕司), Atsushi Miya (宮淳), Tokiko Shimizu (清水季子) and Makio Miyagawa (宮川眞喜雄): Not disclosed. Naoki Tonoki (外木直樹) was judged suitable for the position of Representative Director after comprehensive consideration of his experience, track record and other factors.
| Item | Details |
|---|---|
| Resolution date | 22 October 2026 |
| Scheduled Appointment Date | 25 November 2026 (after the conclusion of the 14th Annual General Meeting of Shareholders. The appointment of the Representative Director is scheduled to be formally decided subject to approval of the director-election proposal at the same meeting and a resolution of the Board of Directors after the meeting concludes) |
| Date of departure | 25 November 2026 (at the conclusion of the 14th Annual General Meeting of Shareholders) |
| Name of appointee | Naoki Tonoki (外木直樹), Tokiko Shimizu (清水季子), Makio Miyagawa (宮川眞喜雄) |
| Appointee's new position | Representative Director and COO, Outside directors, Outside directors |
| Appointee's previous position | Director and CSO, — (candidate for a newly appointed director), — (candidate for a newly appointed director) |
| Appointee's date of birth | Naoki Tonoki (外木直樹): 23 April 1988, Tokiko Shimizu (清水季子): 1 April 1965, Makio Miyagawa (宮川眞喜雄): 6 January 1951 |
| Year the appointee joined the Company | Naoki Tonoki (外木直樹): 2013. Tokiko Shimizu (清水季子), Makio Miyagawa (宮川眞喜雄): Not disclosed (no employment history with the company stated) |
| Number of shares held by the appointee | Naoki Tonoki (外木直樹): 287,483 shares, Tokiko Shimizu (清水季子): —, Makio Miyagawa (宮川眞喜雄): — |
| Name of departing officer | Motohiro Koma (小間基裕), Kazuki Hanabusa (英一樹), Tanaka Kunihiro (田中邦裕) |
| Former position of departing officer | Representative Director and COO, Director and CFO, Outside directors |
| New position of departing officer | Adviser (Senior Fellow), General Manager (responsible for corporate functions, including accounting, general affairs and legal affairs), Not disclosed |
| Reason for departure | Motohiro Koma (小間基裕): term completed at his own request. Kazuki Hanabusa (英一樹), Kunihiro Tanaka (田中邦裕): Not disclosed. |
| Whether the incumbent will remain in office | Motohiro Koma (小間基裕), Kazuki Hanabusa (英一樹) and Kunihiro Tanaka (田中邦裕) will all leave the Board of Directors. Motohiro Koma (小間基裕) is scheduled to become an adviser (Senior Fellow), and Kazuki Hanabusa (英一樹) is scheduled to become a general manager. |
| Reason for change | The composition of the Representative Directors will change as Representative Director and COO Motohiro Koma (小間基裕) retires as a director upon completion of his term at the conclusion of this Annual General Meeting of Shareholders, at his own request. Naoki Tonoki (外木直樹), who will serve as his successor, is scheduled to be newly selected as Representative Director and COO, having been judged suitable for the position after comprehensive consideration of his experience, track record and other factors. |
| Reasons for appointment | Individual reasons for the appointment of Koji Asano (麻野耕司), Atsushi Miya (宮淳), Tokiko Shimizu (清水季子) and Makio Miyagawa (宮川眞喜雄): Not disclosed. Naoki Tonoki (外木直樹) was judged suitable for the position of Representative Director after comprehensive consideration of his experience, track record and other factors. |
| Number of directors after the change | 6 (including 4 outside directors) |
| Filing as an independent officer | Koji Asano (麻野耕司), Tokiko Shimizu (清水季子) and Makio Miyagawa (宮川眞喜雄) are candidates for independent officers. |
| Subject to Approval by the General Meeting of Shareholders | Required. A proposal for the appointment of directors will be submitted to the 14th Annual General Meeting of Shareholders scheduled for 25 November 2026. The selection of the Representative Director is subject to approval of the director-election proposal at the same meeting and a resolution of the Board of Directors after the meeting concludes. |
Items this document does not state (2)
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 composition of the Representative Directors will change as Representative Director and COO Motohiro Koma (小間基裕) retires as a director upon completion of his term at his own request. The company states that it determined Naoki Tonoki (外木直樹) to be suitable for the position of Representative Director after comprehensively considering his experience, track record and other factors.