{"id":123697,"date":"2026-09-28T15:57:40","date_gmt":"2026-09-28T06:57:40","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7240-20260928-01_wp_executive_change\/"},"modified":"2026-09-28T15:57:40","modified_gmt":"2026-09-28T06:57:40","slug":"7240-20260928-01_wp_executive_change","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7240\/ir\/7240-20260928-01_wp_executive_change\/","title":{"rendered":"Notice of Change (Resignation) of Representative Director and Other Executive Personnel Due to Transition to Holding Company Structure"},"content":{"rendered":"<p>The change of the representative director (resignation) and major executive personnel due to the transition to a holding company structure have been decided effective October 1, 2026. The post-transition board composition will be announced; current Representative Masao Tsuru is expected to become CEO of the new holding company, and the company will proceed to become a wholly owned subsidiary.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7240","jir_company_name":"NOK Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/7240-20260928-01.pdf","jir_short_summary":"The change of the representative director (resignation) and major executive personnel due to the transition to a holding company structure have been decided effective October 1, 2026. The post-transition board composition will be announced; current Representative Masao Tsuru is expected to become CEO of the new holding company, and the company will proceed to become a wholly owned subsidiary.","jir_summary":"### Transition to Holding Company Structure and Change of Representative Director\nNOK Corporation has decided on the change (resignation) of its representative director in connection with the transition to a holding company structure. The former title was Representative Director, President & CEO, Group CEO, and he is scheduled to assume the position of Representative Director, President & CEO of the newly established holding company. The effective date of the change is October 1, 2026. The transition to a holding company structure is based on the integration agreement executed on November 10, 2025 and the share transfer plan, and NOK Corporation will become a wholly owned subsidiary of the holding company.\n\n### Post-Transition Executive Structure and Future Decisions\nFollowing Masao Tsuru's resignation, Junichi Orita is scheduled to assume the role of Representative Director, President & CEO of the company. The company's post-establishment executive lineup will be disclosed concretely on October 1, 2026, after the holding company is established, with listings of new and reappointed directors, audit & supervisory board members, and executive officers. Under the new structure, multiple individuals, including Junichi Orita, are listed as newly appointed or reappointed, with correspondences shown between current and new titles.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"#NOK_Corporation_executive_changes, #Transition_to_holding_company","jir_key_figures":"Date of representative director change: 2026-10-01\nHolding company establishment date: 2026-10-01 (to be formally determined at an extraordinary shareholders meeting and board of directors meeting)\nList of newly appointed\/reappointed executives (excerpt): Junichi Orita, newly appointed \/ Representative Director, President & CEO, among others","jir_meta_title":"NOK Corporation: Representative Director Change and Executive Appointments Due to Transition to Holding Company | October 2026","jir_meta_description":"NOK Corporation has decided on a change of representative director and key executive appointments in connection with its transition to a holding company. The new structure takes effect on October 1, 2026. This article explains the forthcoming organizational chart and details of the new management.","jir_og_title":"NOK Corporation Notice: Representative Director Change and Executive Appointments with Holding Company Transition","jir_og_description":"Announcement of the representative director change and executive appointments related to the establishment of a holding company. Key points of the new structure and the timeline are explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7920,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-123697","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Change (Resignation) of Representative Director and Other Executive Personnel Due to Transition to Holding Company Structure - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7240\/ir\/7240-20260928-01_wp_executive_change\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7240\/ir\/7240-20260928-01_wp_executive_change\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7240\/ir\/7240-20260928-01_wp_executive_change\/\",\"name\":\"Notice of Change (Resignation) of Representative Director and Other Executive Personnel Due to Transition to Holding Company Structure - 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