TOKYO, Mar 17 (Pulse News Wire) – CORONA CORPORATION (5909.T) has decided upon changes to its board of directors and the introduction of a new executive officer system during today’s board meeting. The appointments of new directors will require approval at the upcoming 78th Ordinary General Meeting of Shareholders scheduled for June 24, 2026.
The new executive officer system aims to strengthen operational functions within the existing delegated executive officer framework. It includes adding specialized roles such as “Executive Vice President” and “Senior Executive Vice President” alongside senior executive officers. Among the key personnel changes: - Shinichi Sakurai, currently Deputy Director at Mitsubishi UFJ Bank, will be nominated as a director candidate for the shareholders' meeting on June 24, 2026. - Yukata Uekusa, certified public accountant, will also be nominated as a director candidate for the same meeting.
Additionally, several executives will retire effective June 24, 2026, including Akihiko Nishiyama, Shuuya Takagi, Tsunenao Nishimura, and Tadayoshi Kojima. Their positions will be reassigned internally. Further internal promotions and role transitions will take effect on June 24, 2026, including Manabu Kinefuchi moving from Senior Managing Director to Representative Director, Akihito Inada from Executive Vice President to Director, and Takashi Uchida from Executive Vice President to Director. Other notable shifts involve Yoshihito Sakae moving from Senior Executive Officer to Executive Vice President, Hirotaka Ueki from Senior Executive Officer to Executive Vice President, and Akira Yamakoshi from Senior Executive Officer to Executive Vice President.
The revised organizational structure post-shareholder meeting is outlined in detail, reflecting these significant leadership adjustments aimed at enhancing operational efficiency and strategic direction.
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