TOKYO, Jun 12 (Pulse News Wire) – ReYuu Japan Inc. (9425.T) announced today that its board of directors held , resolved to transition leadership.
Former CEO Shigeichi Shimizu stepped down due to the completion of certain restructuring efforts aimed at improving profitability. In his place, Takumi Michiyuki, previously CFO and CSO, was appointed as the new CEO effective immediately. Shimizu’s tenure saw significant sales growth in the fiscal half-year ending October 2026, but also resulted in unexpected operating losses due to inventory adjustments. Despite securing approximately ¥2.300 billion in funding through convertible bond issuance earlier this month, the company decided a shift in management focus towards enhancing inventory turnover, fund efficiency, investment decisions, and revenue management was necessary for sustained growth.
Michiyuki brings extensive experience in finance and strategic planning, having worked at various securities firms since April 2005. He joined ReYuu Japan in January 2025 and served as the head of the Planning Management Department before becoming CFO and CSO in January 2026. His appointment marks a pivotal move towards stabilizing operations and driving future growth strategies. In the new structure, ReYuu Japan aims to optimize its inventory composition and strengthen revenue management to achieve early recovery and sustainable value enhancement.
Shimizu will continue to support the company as a business advisor.
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