Mitsui O.S.K. Lines announces leadership changes effective april 2026

Mitsui O.S.K. Lines, Ltd. announced significant leadership changes, effective April 1, 2026, including appointments for chairman, president, vice presidents, and representative directors. This transition is crucial for the company's sustainable growth amid evolving shipping industry dynamics, coinciding with the shift from Phase 1 to Phase 2 of the MOL Group Management Plan “BLUE ACTION 2035”. The board of directors approved these changes following recommendations from the Nomination Advisory Committee, which is predominantly comprised of outside directors and chaired by an outside director.

Junichiro Ikeda, currently director, chairman of the board, will retire as director at the conclusion of the Annual General Meeting of Shareholders on June 25, 2026, assuming the role of corporate advisor. Takeshi Hashimoto, currently representative director, president, chief executive officer, will transition to representative director, chairman of the board. Jotaro Tamura, currently senior managing executive officer, will be appointed president, chief executive officer and a representative director.

Additionally, new executive vice presidents and representative directors have been appointed. Hisashi Umemura, currently senior managing executive officer, will become executive vice president, executive officer. Kazuya Hamazaki, presently representative director, senior managing executive officer, will be appointed representative director, executive vice president, executive officer. These changes are set to take effect from April 1, 2026, with some appointments becoming effective after the Annual General Meeting of Shareholders on June 25, 2026.