{"id":31054,"date":"2026-02-25T16:02:06","date_gmt":"2026-02-25T07:02:06","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/5332-20260225-02_wp_executive_change\/"},"modified":"2026-02-25T16:02:06","modified_gmt":"2026-02-25T07:02:06","slug":"5332-20260225-02_wp_executive_change","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-5332\/ir\/5332-20260225-02_wp_executive_change\/","title":{"rendered":"Regarding Director Candidates and Transition to New Management Structure"},"content":{"rendered":"<p>At the 160th Annual General Meeting of Shareholders scheduled for June 2026, a change in the board of directors&#8217; composition and transition to a new management structure will be decided. The company aims to increase the ratio of outside directors and strengthen the authority of executive directors.<\/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":"5332","jir_company_name":"TOTO Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5332-20260225-02.pdf","jir_short_summary":"At the 160th Annual General Meeting of Shareholders scheduled for June 2026, a change in the board of directors' composition and transition to a new management structure will be decided. The company aims to increase the ratio of outside directors and strengthen the authority of executive directors.","jir_summary":"### Overview of Transition to New Management Structure\nAt the 160th Annual General Meeting of Shareholders scheduled for June 2026, a proposal will be made to change the composition of the board of directors. Tokumi Kiyota is scheduled to assume office as Representative Director Chairman, and Shinya Tamura as Representative Director President and Executive Officer. Authority will be delegated to some executive directors to focus on execution and expedite decision-making. Additionally, the ratio of outside directors will be increased to strengthen management oversight functions.\n\n### Background and Future Outlook\nIn response to changes in the global environment, diversification of consumer behavior due to advances in digital technology, and changing business conditions, the company is establishing a new system aimed at accelerating management decision-making. Against the backdrop of deteriorating performance in the Mainland China housing equipment business, declining profitability in the Japan housing equipment business, and fluctuations in the ceramics business, the company aims to create new value together with stakeholders.","jir_financial_highlights":"Board of Directors Composition Change: Unknown (Increase in ratio of outside directors; Two new directors (Kenji Yoshida, Shuichi Horikoshi) scheduled to be appointed)\nDirectors Retiring: Unknown (Shigenori Yamauchi and Yasushi Marumori scheduled to retire)\nDelegation of Authority to Executive Directors: Unknown (Some executive directors will be granted authority to accelerate decision-making)","jir_category":"","jir_hashtags":"#TOTO_Ltd, #ExecutivePersonnel, #ManagementStructureChange, #JapaneseStocks","jir_key_figures":"New Outside Director (Non-Audit & Supervisory Committee Member): Kenji Yoshida\nNew Outside Director (Audit & Supervisory Committee Member): Shuichi Horikoshi\nBoard composition change planned at 160th Annual General Meeting of Shareholders in June 2026","jir_meta_title":"TOTO Ltd. Announces Transition to New Management Structure and Appointment of Director Candidates (June 2026)","jir_meta_description":"TOTO Ltd. will decide on board composition changes and transition to a new management structure at its June 2026 Annual General Meeting. The company aims to enhance the ratio of outside directors and strengthen executive directors' authority to speed up management.","jir_og_title":"TOTO Announces Transition to New Management Structure and Director Candidate Appointments","jir_og_description":"The board composition will be changed at the June 2026 shareholder meeting to promote faster management and stronger supervisory functions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7712,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-31054","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>Regarding Director Candidates and Transition to New Management 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-5332\/ir\/5332-20260225-02_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-5332\/ir\/5332-20260225-02_wp_executive_change\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-5332\/ir\/5332-20260225-02_wp_executive_change\/\",\"name\":\"Regarding Director Candidates and Transition to New Management Structure - 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