TOKYO, May 14 (Pulse News Wire) – SHINYEI KAISHA (3004.T) announced today that its board of directors held on May 14, 2026 resolved to appoint a new president. The formal decision is expected at the upcoming 158th Annual General Meeting scheduled for June 25, 2026.
Under the current leadership, the company has consistently reported tens of billions of yen in operating profit and maintained four consecutive dividend increases. However, the recent withdrawal from the capacitor business marked a significant turning point, prompting the need for a fresh approach to enhance competitiveness and develop a robust portfolio aligned with future strategies. The changes involve Akazawa Hideaki stepping down from his position as president and CEO, moving to chairman, while Nakagawa Taro will take over as the new president and CEO.
Nakagawa joined SHINYEI KAISHA in April 1986 and has held various key roles within the organization, including leading the Hong Kong branch and overseeing food and manufacturing divisions. Nakagawa’s transition to the top role is set to occur on June 25, 2026, coinciding with the conclusion of the annual general meeting. His tenure includes extensive experience in strategic planning and operational management, positioning him well to lead the company through its next phase of growth and innovation.
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