Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Who is moving to which position
Resolved 30 April 2026Incoming appointee
2 itemsScheduled Appointment Date16 June 2026 (formal decision scheduled to be made at the Board of Directors meeting to be held after the conclusion of the ordinary general meeting of shareholders)
Nobuyuki Okajima (岡嶋 信行)
Previous positionRepresentative Director, President and COO
New positionRepresentative Director, President and CEO
Mitsuhiko Tokita (遠北 光彦)
Previous positionRepresentative Director, Chairman and CEO
New positionRepresentative director and chairman
Departing officer
1 itemDate of departure16 June 2026 (departure from the position of CEO)
Mitsuhiko Tokita (遠北 光彦)Next role stated
Former PositionRepresentative Director, Chairman and CEO
New positionRepresentative director and chairman
“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)
Will remain on the Board of Directors as Representative Director and Chairman
Shareholders’ meeting approvalYes. Formal decision scheduled to be made at the Board of Directors meeting to be held after the conclusion of the 109th Ordinary General Meeting of Shareholders scheduled for 16 June 2026
Reason for change
To renew the management responsibility structure for the Group's next stage of growth
| Item | Details |
|---|---|
| Resolution date | 30 April 2026 |
| Scheduled Appointment Date | 16 June 2026 (formal decision scheduled to be made at the Board of Directors meeting to be held after the conclusion of the ordinary general meeting of shareholders) |
| Date of departure | 16 June 2026 (departure from the position of CEO) |
| Name of appointee | Nobuyuki Okajima (岡嶋 信行), Mitsuhiko Tokita (遠北 光彦) |
| Appointee's new position | Representative Director, President and CEO, Representative director and chairman |
| Appointee's previous position | Representative Director, President and COO, Representative Director, Chairman and CEO |
| Name of departing officer | Mitsuhiko Tokita (遠北 光彦) |
| Former position of departing officer | Representative Director, Chairman and CEO |
| New position of departing officer | Representative director and chairman |
| Whether the incumbent will remain in office | Will remain on the Board of Directors as Representative Director and Chairman |
| Reason for change | To renew the management responsibility structure for the Group's next stage of growth |
| Subject to Approval by the General Meeting of Shareholders | Yes. Formal decision scheduled to be made at the Board of Directors meeting to be held after the conclusion of the 109th Ordinary General Meeting of Shareholders scheduled for 16 June 2026 |
Items this document does not state (9)
Appointee's date of birthYear the appointee joined the CompanyNumber of shares held by the appointeeReason for departureReasons for appointmentNumber of directors after the changeFiling as an independent officerDetails of organizational changesChange in Corporate Governance Structure
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 renew the management responsibility structure for the Group's next stage of growth by addressing the expansion and strengthening of the competitiveness of the real estate business, the creation of new businesses, faster decision-making and the appointment of external talent under the new Group management structure following the separation of the railway business into a separate company.
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