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Changes in Officers7578NICHIRYOKU CO.,LTD.Retail

Notice Concerning a Change in the Concurrent Duties of a Representative Director and the Resignation of a Director

The concurrent position held by Representative Director and President Watanabe Masashi (渡邊将志) will change from Head of the Sales Support Division to Head of the Administration Division. Director Hattori Toshimasa (服部聡昌) will resign.

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Who is moving to which position

Resolved 1 September 2026

Incoming appointee

1 item
Scheduled Appointment Date1 October 2026
Watanabe Masashi (渡邊将志)
Previous positionRepresentative Director and President; Head of the Sales Support Division
New positionRepresentative Director and President; Head of the Administration Division

Departing officer

1 item
Date of departure30 September 2026
Hattori Toshimasa (服部聡昌)Next role stated
Former PositionDirector and General Manager of the Corporate Management Division
New positionResignation

“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.

Reason for departure

The resignation is due to personal reasons.

Whether the incumbent will remain in office (whether they will retain their position)

Will resign as a director and will not remain on the Board of Directors

Reason for change

In connection with the organizational changes effective 1 October 2026, we will abolish the Sales Support Headquarters and rename the Management Headquarters as the Administration Headquarters. In addition, because director Hattori Satoshi (服部聡昌), currently head of the Management Headquarters, will resign effective 30 September 2026, representative director and president Watanabe Masashi (渡邊将志) will concurrently serve as head of the Administration Headquarters in order to operate the management-control functions in an integrated manner under the representative director and strengthen the management-control structure and accelerate decision-making.

Details of organizational changes

Abolition of the Sales Support Division and renaming of the Corporate Management Division as the Administration Division

Who is moving to which position
ItemDetails
Resolution date1 September 2026
Scheduled Appointment Date1 October 2026
Date of departure30 September 2026
Name of appointeeWatanabe Masashi (渡邊将志)
Appointee's new positionRepresentative Director and President; Head of the Administration Division
Appointee's previous positionRepresentative Director and President; Head of the Sales Support Division
Name of departing officerHattori Toshimasa (服部聡昌)
Former position of departing officerDirector and General Manager of the Corporate Management Division
New position of departing officerResignation
Reason for departureThe resignation is due to personal reasons.
Whether the incumbent will remain in officeWill resign as a director and will not remain on the Board of Directors
Reason for changeIn connection with the organizational changes effective 1 October 2026, we will abolish the Sales Support Headquarters and rename the Management Headquarters as the Administration Headquarters. In addition, because director Hattori Satoshi (服部聡昌), currently head of the Management Headquarters, will resign effective 30 September 2026, representative director and president Watanabe Masashi (渡邊将志) will concurrently serve as head of the Administration Headquarters in order to operate the management-control functions in an integrated manner under the representative director and strengthen the management-control structure and accelerate decision-making.
Details of organizational changesAbolition of the Sales Support Division and renaming of the Corporate Management Division as the Administration Division
Items this document does not state (8)
Appointee's date of birthYear the appointee joined the CompanyNumber of shares held by the appointeeReasons for appointmentNumber 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.

The Sales Support Division will be abolished and the Corporate Management Division will be renamed the Administration Division as part of the organizational changes effective 1 October 2026. In addition, following the resignation of Hattori Toshimasa (服部聡昌), the corporate management functions will be operated in an integrated manner under the Representative Director in order to strengthen the corporate management structure and accelerate decision-making. Hattori's reason for resigning is personal.

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Notice Concerning a Change in the Concurrent Duties of a Representative Director and the Resignation of a Director | NICHIRYOKU CO.,LTD. (7578) timely disclosure | Komori