Mitsubishi Motors Corporation

7211.T
Auto Manufacturers
2026/03/02 Updated
Market Cap: $3.7B (¥574.3B)
Stock Price: $2.75 (¥429)
Exchange Rate: 1 USD = ¥156.25

Announcement on Change of Representative Executive Officer

As of April 1, 2026, the Representative Executive Officer and Vice President (in charge of Sales) will change from Tatsuo Nakamura to Kyo Igarashi. This change aims to rejuvenate and strengthen the management team upon the expiration of the term.

Importance:
Page Updated: February 24, 2026
IR Disclosure Date: February 24, 2026

Key Figures

  • Effective Date of Appointment: 2026-04-01
  • New Representative Executive Officer and Vice President (in charge of Sales): Kyo Igarashi
  • Departing Representative Executive Officer and Vice President (in charge of Sales): Tatsuo Nakamura

AI要約

Details of the Change of Representative Executive Officer

Mitsubishi Motors Corporation has resolved to replace the Representative Executive Officer and Vice President (in charge of Sales) from Tatsuo Nakamura to Kyo Igarashi effective April 1, 2026. Since joining in 1991, Mr. Igarashi has held various positions including product planning, marketing, corporate planning, and General Manager of Domestic Sales Headquarters. Since December 2025, he has served as Director, Assistant Vice President (Global Marketing & Sales), and General Manager of the Global Sales Development Headquarters.

Background of the Change and Future Outlook

This change is due to the expiration of the term and aims to rejuvenate and strengthen the management structure. Under the new management, efforts will be made to revitalize operations primarily in the sales division. Leveraging Mr. Igarashi’s extensive experience, enhancements in global marketing and sales are anticipated.

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