[Ootoya] Notice of Executive Change and New Nominee Appointment | May 2026

Overview of Executive Changes

Ootoya intends to hold a shareholders' meeting on June 22, 2026, to change the representative director and appoint new directors. Under the new management structure, the company aims for sustainable growth and enhancement of corporate value. Mr. Tomohito Mimori is scheduled to assume the position of representative director; he has been involved with the company since 2011, overseeing overseas operations and serving as an executive officer, with the expected appointment as representative director in 2026. Mr. Kenji Arai is scheduled to be appointed as the Director and General Manager of the Management Control Division; he has been responsible for corporate planning and management as an executive officer since 2024.

Future Outlook and Corporate Strategy

This executive change aims to establish a new management structure and enhance corporate value over the medium to long term. Mr. Mimori, the newly appointed representative director, possesses a diverse background, including expertise in overseas business and corporate planning, and is expected to focus on global expansion and operational efficiency. The change in directors is anticipated to accelerate management decision-making and promote new business strategies. The formal decision will be made after the shareholders' meeting, but this will be a significant executive change for future business development.