{"id":30031,"date":"2026-02-18T16:13:02","date_gmt":"2026-02-18T07:13:02","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2685-20260218-01_wp_executive_change\/"},"modified":"2026-02-18T16:13:02","modified_gmt":"2026-02-18T07:13:02","slug":"2685-20260218-01_wp_executive_change","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2685\/ir\/2685-20260218-01_wp_executive_change\/","title":{"rendered":"Notice Regarding Change of Representative Director"},"content":{"rendered":"<p>As of March 1, 2026, Michio Fukuda will assume the position of Chairman without representative authority, stepping down as Representative Chairman, and is scheduled to retire at the ordinary general meeting in May. Yasuo Fukuda will be appointed as the new Representative President.<\/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,"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":"2685","jir_company_name":"AND EST HD Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-02-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/2685-20260218-01.pdf","jir_short_summary":"As of March 1, 2026, Michio Fukuda will assume the position of Chairman without representative authority, stepping down as Representative Chairman, and is scheduled to retire at the ordinary general meeting in May. Yasuo Fukuda will be appointed as the new Representative President.","jir_summary":"### Overview of Executive Changes\nAND EST HD Corporation announces that as of March 1, 2026, Michio Fukuda will transition from Representative Chairman to Chairman without representative authority. He is scheduled to retire as a director at the conclusion of the ordinary general meeting of shareholders scheduled for May 2026. Concurrently, Yasuo Fukuda will be appointed as the new Representative President. The rest of the executive team has also been announced.\n\n### Transition of Management Structure and Expectations for Enhancing Corporate Value\nThis change in representative directors aims to transition the management structure to the next generation and accelerate transformation under the new leadership. Through this, the Group intends to further develop and enhance its corporate value. For investors, this represents a significant step towards management stability and promotion of growth strategies.","jir_financial_highlights":"Date of Change for Representative Director: 2026-03-01 (Unknown)\nScheduled Director Retirement Date: Upon conclusion of the ordinary general meeting of shareholders scheduled in May 2026 (Unknown)\nNew Representative President: Yasuo Fukuda (Unknown)","jir_category":"","jir_hashtags":"#AND_EST_HD_Corporation, #executive_change, #JapaneseStocks","jir_key_figures":"Date of Change for Representative Director: 2026-03-01\nScheduled Director Retirement Date: Upon conclusion of the ordinary general meeting of shareholders scheduled in May 2026\nNew Representative President: Yasuo Fukuda","jir_meta_title":"AND EST HD Corporation Notice of Change of Representative Director (Effective March 1, 2026)","jir_meta_description":"AND EST HD Corporation announces that as of March 1, 2026, Michio Fukuda will step down from Representative Chairman to Chairman without representative authority, and Yasuo Fukuda will assume the position of new Representative President. The company aims to enhance corporate value through the transition to the next-generation management structure.","jir_og_title":"AND EST HD Corporation Notice of Change of Representative Director","jir_og_description":"Announcement of change in Representative Chairman as of March 1, 2026, and appointment of new Representative President. Management structure renewal is planned.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9302,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-30031","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 Regarding Change of Representative Director - 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-2685\/ir\/2685-20260218-01_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-2685\/ir\/2685-20260218-01_wp_executive_change\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2685\/ir\/2685-20260218-01_wp_executive_change\/\",\"name\":\"Notice Regarding Change of Representative Director - 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