Who is moving to which position
Resolved 17 April 2026Incoming appointee
1 itemTo further promote management that takes the cost of capital into account and improve profitability and capital efficiency with a view to enhancing corporate value over the medium to long term, the Company will newly invite 1 outside director with advanced expertise in M&A and the financial and capital markets to further strengthen the Board of Directors’ oversight structure.
Yoshihito Sato (佐藤義仁) has experience at the Development Bank of Japan and a broad range of achievements, including statutory audits, M&A support, support for initial public offerings, restructuring, enhancement of internal controls, and strengthening compliance systems and internal audits. The Company expects him to apply this expertise to enhancing corporate value and strengthening its oversight functions.
| Item | Details |
|---|---|
| Resolution date | 17 April 2026 |
| Scheduled Appointment Date | Following approval of the appointment at the 68th Ordinary General Meeting of Shareholders scheduled for late June 2026 (the specific effective date is Not disclosed) |
| Name of appointee | Yoshihito Sato (佐藤義仁) |
| Appointee's new position | Outside Directors |
| Appointee's previous position | Representative, 佐藤義仁公認会計士事務所; Adviser, 株式会社軽子坂パートナーズ; Lecturer for training courses for small and medium-sized business operators at SME University, an Independent Administrative Agency; Representative Partner, 和泉監査法人 (all current positions) |
| Appointee's date of birth | 23 August 1968 |
| Reason for change | To further promote management that takes the cost of capital into account and improve profitability and capital efficiency with a view to enhancing corporate value over the medium to long term, the Company will newly invite 1 outside director with advanced expertise in M&A and the financial and capital markets to further strengthen the Board of Directors’ oversight structure. |
| Reasons for appointment | Yoshihito Sato (佐藤義仁) has experience at the Development Bank of Japan and a broad range of achievements, including statutory audits, M&A support, support for initial public offerings, restructuring, enhancement of internal controls, and strengthening compliance systems and internal audits. The Company expects him to apply this expertise to enhancing corporate value and strengthening its oversight functions. |
| Number of directors after the change | 6 (including 3 outside directors) |
| Filing as an independent officer | If appointed, the Company plans to notify him as an independent officer |
| Subject to Approval by the General Meeting of Shareholders | Yes. The proposal for the appointment of the director nominee will be submitted to the 68th Ordinary General Meeting of Shareholders, scheduled for late June 2026 |
Items this document does not state (10)
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 further promote management that takes the cost of capital into account and improve profitability and capital efficiency with a view to enhancing corporate value over the medium to long term. The Company will invite an outside director with advanced expertise in M&A and the financial and capital markets to strengthen the Board of Directors’ oversight structure.