Toho Lamac Co., Ltd.

7422.T
Footwear & Accessories
2026/10/30 18:57 Updated
Market Cap: $16.7M (¥2.6B)
Stock Price: $3.29 (¥520)
Exchange Rate: 1 USD = ¥157.98

Notice of Change of Representative Director

Masayuki Kaneko appointed as new Representative Director and President and Head of Footwear Business; Shingo Kasai resigns as Representative Director. Effective date: 2026-10-30. A downward revision to the full-year earnings guidance for the fiscal year ending December 2026 has already been announced. Upon assuming office, the new president will concurrently serve as Head of Footwear Business and Kasai will remain as a director without representative authority.

Importance:
Page Updated: October 30, 2026
IR Disclosure Date: October 30, 2026

Key Figures

  • Effective date: 2026-10-30
  • Name of new Representative Director: Masayuki Kaneko
  • Name of resigning Representative Director: Shingo Kasai
  • Date of announcement of downward revision to full-year earnings guidance: 2026-10-23 (see document)

AI要約

Key Personnel Points

This document announces the resignation offer by Shingo Kasai from the position of Representative Director and the appointment of a new Representative Director. The new appointee is Masayuki Kaneko, who will serve as Representative Director and President and Head of Footwear Business; his previous position was Director and Head of Footwear Business. The effective date is October 30, 2026. Kasai will continue to serve as a director but will not retain representative authority.

Impact on Performance and Outlook

The document states that after several years of challenging performance, the company has announced a downward revision to the full-year earnings guidance for the fiscal year ending December 2026, and recognizes issues regarding accountability and strengthening the management base. A review of the management and sales organization under the new structure is expected, but the specific impact on financial figures under the new regime is unknown.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Toho Lamac Co., Ltd.

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