Idemitsu Kosan Co.,Ltd.

5019.T
Oil & Gas Refining & Marketing
2026/08/21 Updated
Market Cap: $10.2B (¥1.6T)
Stock Price: $8.49 (¥1,350)
Exchange Rate: 1 USD = ¥158.98

Notice of Internal Decision on Executive and Director Transitions

Idemitsu Kosan Co., Ltd. has made an internal decision regarding changes in its directors and executives, effective as of June 24, 2026. Shunichi Kito is scheduled to assume the role of Chairman, and Takashi Sakata will become the new CFO.

Importance:
Page Updated: May 12, 2026
IR Disclosure Date: May 12, 2026

Key Figures

  • Effective date of changes: June 24, 2026
  • New Chairman of the Board: Shunichi Kito
  • New Director, Managing Executive Officer, CFO: Takashi Sakata

AI要約

Summary of Executive Changes

At the Board of Directors meeting held on May 12, 2026, the company decided on further strengthening its management foundation by changing its directors and executives. Mr. Shunichi Kito will assume the position of Chairman of the Board, while Mr. Noraki Sakai will continue as President. Vice Presidents are scheduled to be appointed as Mr. Atsuhiko Hirano and Mr. Masahiko Sawa. Additionally, Mr. Takashi Sakata (CFO) and Mr. Kazuma Ikeda (CHRO) are scheduled to be appointed as Directors and Auditors.

Effective Date of the Changes and Future Plans

This change is expected to be officially determined at the 111th Annual General Meeting of Shareholders scheduled for June 24, 2026, and the subsequent Board of Directors meeting. The aim is to refresh the management team and strengthen the management foundation.

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

Idemitsu Kosan Co., Ltd.

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