Notice of Change of Representative Director and Changes to Officers

Change of Representative Director

The announcement clarifies that a Chairman position will be newly established to strengthen the governance framework by building a cooperative structure between the President and the Chairman. Masanobu Shintani will become Representative Director and Chairman as well as Chairman Executive Officer (CEO), and Mitsuyasu Hirasawa will become Representative Director and President as well as President Executive Officer (COO). The incoming President's biography lists long tenure and prior executive experience, and he is scheduled to assume office on the date of the Annual General Meeting of Shareholders on 2026-12-22.

Officer Candidates

Director candidates include the reappointment of Masanobu Shintani as Representative Director and Chairman, the continuation of Mitsuyasu Hirasawa as Representative Director and President, reappointments of other directors, and candidates for outside directors. Candidates for the Audit and Supervisory Committee include Narumi Sakuma, Asako Hasegawa, and Kunitomo Kobayashi as reappointments or nominees. These appointments are scheduled to be formally decided on the date of the Annual General Meeting of Shareholders on 2026-12-22.