Nagoya Railroad Co., Ltd.

2026/03/02 Updated
Market Cap: $2.3B (¥361.6B)
Stock Price: $11.80 (¥1,844)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Changes in Representative Directors and Officers

Following the Annual General Meeting scheduled for late June 2026, Representative Director Kiyomi Suzuki will step down, with Michio Iwakiri and Takeshi Suzuki preliminarily appointed as new director candidates. Promotions, new appointments, and resignations of executive officers are also planned.

Importance:
Page Updated: February 26, 2026
IR Disclosure Date: February 26, 2026

Key Figures

  • Scheduled Representative Director Retirement Date: Late June 2026
  • Executive Officer Promotion Effective Date: 2026-04-01
  • New Director Candidates: Michio Iwakiri, Takeshi Suzuki

AI要約

Overview of Executive Changes

At the Board of Directors meeting held on February 26, 2026, Nagoya Railroad Co., Ltd. preliminarily resolved changes in representative directors, directors, and executive officers. Representative Director Kiyomi Suzuki is scheduled to retire upon expiration of his term. Michio Iwakiri and Takeshi Suzuki have been nominated as director candidates, with final confirmation following the Annual General Meeting in late June 2026. Multiple promotions, new appointments, and resignations among executive officers are also scheduled to take effect as of April 1, 2026.

Future Structure and Impact

Under the new management structure, Michio Iwakiri will be promoted to Executive Vice President while concurrently serving as President of Meitetsu Travel Service Co., Ltd. Takeshi Suzuki is also scheduled to be promoted to Senior Executive Officer. Akira Matsushita will resign as director and assume the position of Senior Executive Officer at Toyohashi Railroad Co., Ltd. These personnel changes aim to ensure management continuity and strengthen the entire group. Further details on the executive structure are provided in a separate document.

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