Electric Power Development Co., Ltd.

9513.T
Utilities - Renewable
2026/02/18 Updated
Market Cap: $4.2B (¥642.1B)
Stock Price: $23.62 (¥3,628)
Exchange Rate: 1 USD = ¥153.61

Notice Regarding Change of President

Representative Director and President Hitoshi Kanno will resign due to health reasons effective March 31, 2026, and Hideaki Kato will assume office as his successor on April 1, 2026.

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

Key Figures

  • Resignation Date of Representative Director and President: 2026-03-31
  • Appointment Date of New Representative Director and President: 2026-04-01
  • Number of Shares Owned by Hideaki Kato: 8,771 shares (of which 4,371 shares are scheduled to be granted under the stock compensation plan)

AI要約

Overview of the Change of President

Electric Power Development Co., Ltd. announces that Representative Director and President Hitoshi Kanno has requested to resign due to health reasons, and the resignation was approved by the Board of Directors. Kanno will step down effective March 31, 2026. Hideaki Kato will assume the position of Representative Director and President on April 1, 2026. Kato joined the company in 1989 and has held positions such as General Manager of Corporate Planning and Executive Officer, bringing extensive experience.

Impact on Shareholders and Management Structure

After his resignation, Kanno is scheduled to be appointed as Special Advisor to the Company, ensuring continuity in management. Kato owns 8,771 shares, including 4,371 shares scheduled to be granted under the stock compensation plan. This personnel change is due to health issues and does not indicate a significant shift in management policy.

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