TOKYO, May 25 (Pulse News Wire) – Abalance Corporation (3856.T) announced changes to its former CEO and COO, Kouno Akira’s role following a board meeting held today. Originally set to terminate his contract and refrain from future employment agreements, the company now plans to engage him through a one-year consultancy with subsidiary Fuji Solar Co., Ltd., effective June 25, due to his expertise in overseas operations and governance improvements.
In a previous disclosure dated April 17, 2026, the company outlined its intention to sever ties with Kouno upon his resignation as CEO on June 30, 2026. However, recognizing the necessity of his experience in navigating international subsidiaries and regulatory bodies, the board decided to retain his services temporarily.
This decision was recommended by the nomination committee and approved during the recent board session. Kouno will continue to serve as an executive within domestic and foreign affiliates until mid-June, after which he will transition exclusively to his consultancy role with Fuji Solar.
Any further developments related to this arrangement will be disclosed accordingly.
🟢 Confidence: High AI-translated content.