FreeBit Co., Ltd.
Notice of Change of Representative Director and Executive Personnel
Mr. Takumi Shibata has been appointed as the new Representative Director and President. Mr. Hiroki Ishida has resigned; based on the Special Investigation Committee's report, recurrence prevention measures will be implemented. A minimal handover via a service agreement will be arranged to preserve transparency and restore sound governance.
Key Figures
- New Representative Director and President: Takumi Shibata
- Resignation: Hiroki Ishida
- Handover Period: Considering a service agreement (1 year after resignation)
AI要約
Key Personnel Points
The Company resolved to change its representative director effective October 6, 2026. Mr. Hiroki Ishida has expressed his intention to resign from his roles as Representative Director, CEO and CTO, and Mr. Takumi Shibata has assumed office as the new Representative Director and President. Mr. Ishida explained the circumstances surrounding his resignation in light of findings related to past transaction practices from the investigation report. Measures will be taken to allow Mr. Ishida to provide limited technical advice under a service agreement, without any decision-making authority.
Future Measures and Recurrence Prevention
Based on the Special Investigation Committee's report, recurrence prevention measures will be developed and the new management team will work to enhance management transparency and soundness. The Company apologizes and is committed to restoring trust among shareholders, investors and other stakeholders. With the start of the new management, concrete procedures are explained to minimize impacts on operations, customers and business partners during the handover.
FreeBit Co., Ltd.
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