Nittoc Construction Co., Ltd.

1929.T
Engineering & Construction
2026/02/18 Updated
Market Cap: $382.3M (¥58.7B)
Stock Price: $9.15 (¥1,406)
Exchange Rate: 1 USD = ¥153.61

Notice Concerning Changes in Representative Directors (President Succession and Increase in Number) and Organizational Restructuring

Effective April 1, 2026, Mr. Naoto Ue will assume the position of Representative Director and President, with Mr. Fumihiko Kajita and Mr. Jun Yamazaki appointed as Representative Executive Directors and Vice Presidents. Organizational restructuring includes integration of the Technology Development Headquarters and the establishment of a new Support Section.

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

Key Figures

  • Number of Shares Owned by Newly Appointed Representative Director and President Naoto Ue: 56 thousand shares
  • Number of Shares Owned by Newly Appointed Representative Executive Director and Vice President Fumihiko Kajita: 9 thousand shares
  • Number of Shares Owned by Newly Appointed Representative Executive Director and Vice President Jun Yamazaki: 11 thousand shares

AI要約

Regarding Changes in Representative Directors

Effective April 1, 2026, Mr. Naoto Ue will assume the position of Representative Director and President, while Mr. Fumihiko Kajita and Mr. Jun Yamazaki will be appointed as Representative Executive Directors and Vice Presidents. This change aims to respond swiftly and appropriately to the increasingly complex business environment and strengthen the governance structure. Detailed biographies and share ownership of each newly appointed officer are also provided.

Overview of Organizational Restructuring

On the same date, the Technology Development Headquarters will be integrated into the Business Headquarters to enhance competitiveness through unified operations of technology development, sales, and construction. Additionally, a Support Section will be newly established at the head office and branches to strengthen on-site operational support. Furthermore, the Information Systems Department of the General Administration Headquarters will be merged into the DX Promotion Department of the Corporate Strategy Headquarters to enable faster decision-making through organizational reform.

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