Who is moving to which position
Resolved 19 March 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.
Will not remain on the Board of Directors
Since listing on the Tokyo Stock Exchange Standard Market in October 2023, the Company has achieved increases in revenue and profit in every fiscal year and steadily enhanced its corporate value, including by deciding to transition to a company with an Audit and Supervisory Committee, subject to approval at the 25th Annual General Meeting of Shareholders scheduled for 24 June 2026. In addition, in April 2025, the Company became a consolidated subsidiary of Mitsubishi UFJ Financial Group,Inc., one of Japan's largest financial institutions. In February 2026, it began providing the Mitsubishi UFJ Card Plan, a jointly developed card product with Mitsubishi UFJ NICOS Co., Ltd., further accelerating its growth in recent months. In light of these circumstances, the Company resolved to change its Representative Directors with the aim of further strengthening and enhancing its management structure. Going forward, the Company will continue working as one to enhance corporate value in all areas, including further increases in revenue and profit, improvements in its financial position, and enhanced governance.
The Company has decided to transition to a company with an Audit and Supervisory Committee, subject to approval at the 25th Annual General Meeting of Shareholders scheduled for 24 June 2026.
| Item | Details |
|---|---|
| Resolution date | 19 March 2026 |
| Scheduled Appointment Date | 1 April 2026 |
| Date of departure | 1 April 2026 |
| Name of appointee | Ibaraki Hidehiko (茨木 英彦) |
| Appointee's new position | Representative Director, Chairman and President and Executive Officer Internal Audit |
| Appointee's previous position | Representative Director, President and Executive Officer |
| Name of departing officer | Sako Koji (迫 幸治) |
| Former position of departing officer | Representative Director and Chairman Internal Audit |
| New position of departing officer | Special adviser |
| Whether the incumbent will remain in office | Will not remain on the Board of Directors |
| Reason for change | Since listing on the Tokyo Stock Exchange Standard Market in October 2023, the Company has achieved increases in revenue and profit in every fiscal year and steadily enhanced its corporate value, including by deciding to transition to a company with an Audit and Supervisory Committee, subject to approval at the 25th Annual General Meeting of Shareholders scheduled for 24 June 2026. In addition, in April 2025, the Company became a consolidated subsidiary of Mitsubishi UFJ Financial Group,Inc., one of Japan's largest financial institutions. In February 2026, it began providing the Mitsubishi UFJ Card Plan, a jointly developed card product with Mitsubishi UFJ NICOS Co., Ltd., further accelerating its growth in recent months. In light of these circumstances, the Company resolved to change its Representative Directors with the aim of further strengthening and enhancing its management structure. Going forward, the Company will continue working as one to enhance corporate value in all areas, including further increases in revenue and profit, improvements in its financial position, and enhanced governance. |
| Change in Corporate Governance Structure | The Company has decided to transition to a company with an Audit and Supervisory Committee, subject to approval at the 25th Annual General Meeting of Shareholders scheduled for 24 June 2026. |
| Subject to Approval by the General Meeting of Shareholders | The proposal concerning the transition to a company with an Audit and Supervisory Committee will be submitted to the 25th Annual General Meeting of Shareholders scheduled for 24 June 2026. However, whether shareholder approval is required for the changes in Representative Directors themselves is Not disclosed. |
Items this document does not state (8)
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 aims to further strengthen and enhance its management structure in light of its increased revenue and profit since listing, becoming a consolidated subsidiary of Mitsubishi UFJ Financial Group,Inc., and commencing the provision of jointly developed products. It also seeks to enhance corporate value through further increases in revenue and profit, improvements in its financial position, and enhanced governance.