Source disclosure: February 27, 2026, 15:00 JST
Nankai Electric Railway Co.,Ltd. [9044.T]
TOKYO, Feb 27 (Pulse News Wire) -- Nankai Electric Railway Co., Ltd. (9044.T), led by President Shinji Okajima, announced today that it has decided on changes to its executive lineup effective April 1, 2026. The company plans to spin off its railway business into a separate entity and change its name to “NANKAI Corporation” as part of broader organizational reforms.
The new appointments include three current department heads who will be promoted to executives: Masaki Miki, Naoto Uehara, and Toshiyuki Takeuchi, currently serving as Risk Management Room Chief, Naniwa Line Promotion Department Chief, and Financial Accounting Department Chief respectively. Additionally, two more executives have been appointed: Yasuyuki Fukushima, previously Asset Management Department Chief and Development Department Chief; and Takeshi Okamoto, formerly Strategy Legal Affairs Department Chief, Project Leader under the President's Directives, and Business Strategy Department Chief.
Three existing executives will step down from their roles: Keisuke Okamoto, who is expected to join Nankai Research & Act Co., Ltd.; Tomoko Kiyama, set to become Executive Director of Sumitomo Oshio Industry Co., Ltd.; and Yusaku Imazu, scheduled to take up the position of Senior Managing Director at the newly formed Nankai Electric Railway Co., Ltd., which will inherit the railway operations after the split.
In addition to these changes, there will also be adjustments in responsibilities among some executives. For instance, Masanori Shioya will shift his focus from Internal Audit Room Chief to an internal audit role within the company. Kanzo Fujimoto will move from Development Department Chief to Joint Creation Business Department Chief and Tourism Strategy Department Chief. Meanwhile, Miki, Uehara, and Takeuchi will assume new positions as Risk Management Department Chief, Strategic Planning Department Chief, and Corporate Strategy Department Chief respectively.
Furthermore, the company disclosed additional updates regarding upper-level management duties. Seiji Yutaka, already designated as Special Advisor to the Board, will add Secretariat, General Affairs and Public Relations Departments, and Legal Affairs Department oversight to his portfolio. Other notable transitions include Mitsunobu Nakayasu, who will continue as Deputy Head of the Along-Line Construction Strategy Division but will also oversee development and the Senboku project. Notably, Hiroshi Sakamoto will relinquish his role at Nankai Electric Railway to become CEO of Sumitomo Oshio Industry Co., Ltd.
As of April 1, 2026, the revised executive structure includes President and COO Okajima, who will retain special responsibility over internal audits. Other key figures such as Kuniharu Niho, Kazuhisa Kajiya, and Takahiro Fujiwara will hold significant roles across various departments including real estate strategy, digital transformation, sustainability promotion, and finance. These changes reflect the ongoing restructuring efforts aimed at enhancing operational efficiency and strategic alignment post-split.
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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