Source disclosure: February 26, 2026, 15:00 JST
Nagoya Railroad Co., Ltd. [9048.T]
TOKYO, Feb 26 (Pulse News Wire) -- Nagoya Railroad Co., Ltd. (9048.T), one of Japan's major railway operators, announced today that it has made several key changes to its executive leadership structure effective June 2026. The company held a board meeting on February 26, 2026, where these decisions were formally approved pending final ratification at the upcoming annual shareholders' meeting scheduled for late June 2026.
The most significant change involves the departure of Representative Director and Executive Vice President Suzuki Kiyomi due to the expiration of her term. Her position will be vacated by mid-June this year. In addition, two other executives—Representative Director and Senior Managing Executive Officer Matsushita Akira and Suzuki Kiyomi—are set to step down as well.
To fill these roles, Nagoya Railroad plans to appoint new directors and promote existing executives. Among those slated for promotion is Iwakiri Michio, currently Group Executive Officer and President of Meitetsu Tourism Services Co., Ltd., who will become a director upon approval at the shareholders' meeting. Additionally, Suzuki Takeshi, currently a Senior Executive Officer, will also join the board as a new director.
Several internal promotions have been announced as part of the restructuring. Effective April 1, 2026, Iwakiri Michio will ascend to Deputy CEO while maintaining his role as president of Meitetsu Tourism Services Co., Ltd. Other promotions include Suzuki Takeshi, Kato Gotsuji, Uemura Yuusuke, and Makino Hideki, all moving up to Senior Executive Officer positions. Meanwhile, Ozei Kenji, currently the Manager of Urban Development Promotion Department, will take on an additional role as an Executive Officer starting April 1, 2026.
Matsushita Akira, stepping down from his current position, is expected to assume the role of Senior Executive Officer at Toyohashi Railway Co., Ltd. beginning April 1, 2026. These changes reflect the company’s strategic realignment aimed at enhancing operational efficiency and driving future growth initiatives across its diverse business units.
The company disclosed details regarding changes to its board and executive management. For full details, please refer to the original disclosure document.
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