Notice regarding changes in the representative director and executive appointments, and partial amendment to the Articles of Incorporation

Section heading

This notice announces the decision of the representative director change, the internal appointment of executives, and a partial amendment to the Articles of Incorporation. The new representative director and president-to-be is Mr. Riku Tanaka, currently the Deputy Director of the Strategy Promotion Office. Mr. Riku Tanaka holds a Doctorate from Osaka University, and a policy to leverage a younger perspective in management was expressed. The current executive, Mr. Koji Tanaka, will continue as Chair. The amendment to the Articles of Incorporation aims to establish the Chair and implement a two-person representative director structure, with the General Meeting of Shareholders scheduled for October 21, 2026.

Section 2 heading

Subject to the approval at the General Meeting of Shareholders, the new system aims to secure management diversification and flexibility. The new representative director will leverage the perspective of younger talent, with a view to expanding into education and academia, pursuing business growth and enhanced corporate value. The amendment to the Articles of Incorporation expands the board structure and establishes a system where both the Chair and the President serve as representative directors, reinforcing management and ensuring flexibility.