CENTURY21 REAL ESTATE OF JAPAN LTD. [8898.T]
TOKYO, May 15 (Pulse News Wire) – Century21 Real Estate OF Japan LTD. (8898.T) announced changes to its executive leadership and board members effective June 25, 2026.
The new appointments will be subject to approval at the upcoming 43rd Ordinary General Meeting of Shareholders scheduled for June 25, 2026. Current President and CEO Yasushi Takasaka plans to step down and join Itochu Corporation. His replacement, Junichi Tokaihara, currently serves as the president of Itochu Construction Co., Ltd. Tokaihara's tenure at his current position ends upon the conclusion of Itochu’s annual shareholders meeting on June 24, 2026. The move aims to strengthen and grow the existing franchise business through new investments, enhancing the company's value further. Additionally, the company appointed Tsuyoshi Takamura as a non-executive director candidate and Kanshi Iwata as a non-executive audit committee member candidate. Both candidates are expected to take their roles post-shareholder meeting deliberations. Current non-executive director Koichi Yanagawa and non-executive audit committee member Michio Nagasu will retire.
Junichi Tokaihara brings extensive experience in construction and real estate management, having served in various capacities within Itochu Group since joining in 1988. He holds a degree from Tohoku University’s Faculty of Law and has held several key positions, including managing director of AD InvSutomento/Manejimento Kabushiki Kaisha (now ItochuRiito/Management Kabushiki Kaisha), and president of Itochu Reit Management Co., Ltd. Since March 2026, he owns no shares in Century21 Real Estate Japan. Tsuyoshi Takamura joined Itochu Corporation in 1993 and has risen through the ranks, holding multiple leadership roles across construction divisions and international assignments. As of April 2025, he serves as the head of the Construction Department at Itochu Corporation and concurrently as a part-time director at Itochu Reit Management Co., Ltd. He also does not hold any shares in Century21 Real Estate Japan as of March 2026. Kanshi Iwata started his career at Itochu Corporation in 1999 and has worked extensively in finance and risk management, including stints in China and Europe. Currently, he leads the Living Business Risk Management Division at Itochu Corporation and similarly holds no shares in Century21 Real Estate Japan as of March 2026.
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