Odakyu Electric Railway Co., Ltd.

2026/03/04 Updated
Market Cap: $3.8B (¥597.9B)
Stock Price: $11.02 (¥1,732)
Exchange Rate: 1 USD = ¥157.23

Notice Regarding Changes in Directors and Organizational Reform

Effective April 1, 2026, changes in directors will be implemented, including the appointment of a new Director in charge of the Digital Business Creation Department. Organizational reforms will include the establishment of the Line Project Promotion Department and the abolition of the Life Business Promotion Department to strengthen community value creation in the real estate domain.

Importance:
Page Updated: March 4, 2026
IR Disclosure Date: March 4, 2026

Key Figures

  • Effective Date of Executive Changes: 2026-04-01
  • Line Project Promotion Department: Newly Established
  • Life Business Promotion Department: Abolished

AI要約

Regarding Changes in Directors

Odakyu Electric Railway Co., Ltd. will implement changes in directors effective April 1, 2026. Mr. Koichi Kutsuzawa will assume the position of Director in charge of the Digital Business Creation Department and Executive Managing Officer, concurrently serving as General Manager of the Urban Development Business Headquarters. Mr. Kozo Maeda will retire as General Manager of the Shinjuku Project Promotion Department, and Mr. Jun Yamaguchi will resign as President and Director of Odakyu Agency Co., Ltd.

Overview of Organizational Reform

To strengthen community value creation in the real estate sector, the Line Project Promotion Department will be newly established within the Urban Development Business Headquarters, focusing on urban development and redevelopment initiatives in areas such as Shin-Yurigaoka, Machida, and Ebina. The Life Business Promotion Department will be abolished, and many of the life service businesses overseen by this department will be promoted for external leasing. Correspondingly, bicycle and parking lot businesses will be transferred to the Asset Business Division. Additionally, the Digital Business Creation Department will be transferred to the Urban Development Business Headquarters to enhance new business promotion addressing regional issues.

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