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Changes in Officers9001TOBU RAILWAY CO.,LTD.Transportation and Logistics

Notice Regarding Changes in Representative Directors

Nezu Yoshizumi (根津 嘉澄) will change from Representative Director and Chairman to Chairman of the Board and will no longer have representative authority. Yokota Yoshimi (横田 芳美) will change from Director and Senior Managing Executive Officer to Representative Director and Senior Managing Executive Officer. Tsuzuki Yutaka (都筑 豊) will continue as Representative Director and President.

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Who is moving to which position

Resolved 25 March 2026

Incoming appointee

1 item
Scheduled Appointment Date1 April 2026
Yokota Yoshimi (横田 芳美)
Previous positionDirector and Senior Managing Executive Officer
New positionRepresentative Director and Senior Managing Executive Officer
生年月日 Born 1 August 1961入社年 1984所有株式数 9,200 shares (reference date: Not disclosed)

Departing officer

1 item
Nezu Yoshizumi (根津 嘉澄), Yokota Yoshimi (横田 芳美)Next role stated
Former PositionRepresentative Director and Chairman; Director and Senior Managing Executive Officer
New positionChairman of the Board; Representative Director and Senior Managing Executive Officer

“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.

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

Nezu Yoshizumi (根津 嘉澄) will remain on the Board as Chairman of the Board. Yokota Yoshimi (横田 芳美) will also remain as Representative Director and Senior Managing Executive Officer.

Reason for change

To promote the plan swiftly under the new management structure, realize the long-term management vision, “Evolving Society and the Areas Along Our Railway Lines through Challenge and Co-creation,” and thereby enhance corporate value over the medium to long term.

Who is moving to which position
ItemDetails
Resolution date25 March 2026
Scheduled Appointment Date1 April 2026
Name of appointeeYokota Yoshimi (横田 芳美)
Appointee's new positionRepresentative Director and Senior Managing Executive Officer
Appointee's previous positionDirector and Senior Managing Executive Officer
Appointee's date of birthBorn 1 August 1961
Year the appointee joined the Company1984
Number of shares held by the appointee9,200 shares (reference date: Not disclosed)
Name of departing officerNezu Yoshizumi (根津 嘉澄), Yokota Yoshimi (横田 芳美)
Former position of departing officerRepresentative Director and Chairman; Director and Senior Managing Executive Officer
New position of departing officerChairman of the Board; Representative Director and Senior Managing Executive Officer
Whether the incumbent will remain in officeNezu Yoshizumi (根津 嘉澄) will remain on the Board as Chairman of the Board. Yokota Yoshimi (横田 芳美) will also remain as Representative Director and Senior Managing Executive Officer.
Reason for changeTo promote the plan swiftly under the new management structure, realize the long-term management vision, “Evolving Society and the Areas Along Our Railway Lines through Challenge and Co-creation,” and thereby enhance corporate value over the medium to long term.
Items this document does not state (8)
Date of departureReason for departureReasons for appointmentNumber of directors after the changeFiling as an independent officerDetails of organizational changesChange 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 promote the Tobu Group Medium-Term Management Plan 2024–2027 swiftly under the new management structure, realize the long-term management vision, and enhance corporate value over the medium to long term.

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Notice Regarding Changes in Representative Directors | TOBU RAILWAY CO.,LTD. (9001) timely disclosure | Komori