[Fukuda Denshi] Change of Representative Director and Chairman | June 16, 2026

Overview of Executive Personnel Changes

Fukuda Denshi announced on June 16, 2026, the change of its Chairman of the Board of Directors. Mr. Koutarou Fukuda has retired, and details regarding the appointment of the new Chairman or the successor have not been specified. This change is presumed to be part of the company's efforts to address issues related to improper expenses utilization and the implementation of recurrence prevention measures.

Future Outlook and Impact

Specific management strategies or impacts on business due to the executive change are not explicitly stated, but the focus appears to be on stabilizing management and ensuring thorough implementation of recurrence prevention measures. For investors, leadership changes could strengthen corporate governance.