Who is moving to which position
Resolved 30 June 2026Departing 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.
In light of the 3 directors’ involvement in carrying out the misconduct and in decision-making that allowed it to occur, as well as their responsibility for failing to ensure that the internal control and corporate governance functions operated adequately, to clarify management responsibility.
Will not remain on the Board of Directors
As stated in the notice dated 19 June 2026, titled “Notice Regarding Entry into a Grace Period for Re-examination Due to Violation of the Written Oath and Collection of a Listing Agreement Penalty,” based on the findings and recommendations of the Special Investigation Committee, and in light of the 3 directors’ involvement in carrying out the misconduct and in decision-making that allowed it to occur, as well as their responsibility for failing to ensure that the internal control and corporate governance functions operated adequately, they will resign in order to clarify management responsibility.
| Item | Details |
|---|---|
| Resolution date | 30 June 2026 |
| Date of departure | 15 July 2026 (at the conclusion of the continuation session of the 17th Ordinary General Meeting of Shareholders) |
| Name of departing officer | Fusano Masayuki (房野 正幸), Masuda Takashi (増田 隆), Ito Satoshi (伊藤 聡) |
| Former position of departing officer | Fusano Masayuki (房野 正幸): Representative Director and CEO; Masuda Takashi (増田 隆): Managing Director; Ito Satoshi (伊藤 聡): Director |
| New position of departing officer | Resignation |
| Reason for departure | In light of the 3 directors’ involvement in carrying out the misconduct and in decision-making that allowed it to occur, as well as their responsibility for failing to ensure that the internal control and corporate governance functions operated adequately, to clarify management responsibility. |
| Whether the incumbent will remain in office | Will not remain on the Board of Directors |
| Reason for change | As stated in the notice dated 19 June 2026, titled “Notice Regarding Entry into a Grace Period for Re-examination Due to Violation of the Written Oath and Collection of a Listing Agreement Penalty,” based on the findings and recommendations of the Special Investigation Committee, and in light of the 3 directors’ involvement in carrying out the misconduct and in decision-making that allowed it to occur, as well as their responsibility for failing to ensure that the internal control and corporate governance functions operated adequately, they will resign in order to clarify management responsibility. |
| Number of directors after the change | The number of directors prescribed by applicable laws and the Articles of Incorporation will be met, but the number is not stated. |
| Subject to Approval by the General Meeting of Shareholders | They will resign at the conclusion of the continuation session of the 17th Ordinary General Meeting of Shareholders. There is no statement that shareholder approval is required. |
Items this document does not state (11)
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.Based on the findings and recommendations of the Special Investigation Committee, and in light of the 3 individuals’ involvement in carrying out the misconduct and in decision-making that allowed it to occur, as well as their responsibility for failing to ensure that the internal control and corporate governance functions operated adequately, to clarify management responsibility.