Our company has resolved that Hidez\u014d Terai will retire on May 28, 2026, and to foster the next generation and accelerate decision-making, the position of Senior Chairman will be 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Mr. Terai proposed the SPARCS concept in 1992, assumed the position of President in 1997, then served as Chairman before contributing to management as Senior Chairman from 2020. The retirement is aimed at developing the next generation and contributing to the overall development of the industry, with the resignation effective as of May 28, 2026. In conjunction with this, the position of Senior Chairman will no longer be established, and we will work to expedite decision-making and strengthen corporate governance within the current management structure.\n\n### Future Management Structure and Outlook\nWith Mr. Terai's retirement, we will review our management team to enhance decision-making speed and corporate value. We will continue to foster next-generation leaders and promote management that contributes to the development of the entire industry, pursuing sustainable growth. Further details about specific measures and new management systems will be disclosed as appropriate.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#World #ExecutivePersonnelChanges #JapanStocks","jir_key_figures":"Scheduled retirement date: May 28, 2026\nRetiring officer: Hidez\u014d Terai\nPosition: Senior Chairman (abolished after retirement)","jir_meta_title":"\u3010Company Name\u3011Changes in Executive Personnel | May 2026","jir_meta_description":"Our company announces the retirement of Mr. Hidez\u014d Terai and is advancing towards a new management structure. Focus on details of board changes and future management policies.","jir_og_title":"\u3010Company Name\u3011Changes in Executive Personnel | May 2026","jir_og_description":"With Mr. Hidez\u014d Terai's retirement, a new management structure is underway. We explain future prospects and details of executive personnel changes.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9472,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-53199","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n