Seibu Holdings, which operates businesses such as railways and hotels, has announced that President Takashi Goto, who has led the group for 18 years since its predecessor company, will become chairman with representative authority on April 1.
In 2005, Mr. Goto became the president of Seibu Railway from the deputy president of Mizuho Corporate Bank at the time, and worked to rebuild the company's management, which had been shaken by a series of scandals, including the incident of making false statements in securities reports.
The following year, in 2006, he became the first president of Seibu Holdings, which was established as a holding company to unify the group. made a comeback.
Since 2020, we have been working to improve our finances by selling hotels and leisure facilities while earnings have deteriorated due to the impact of COVID-19.
Ryuichiro Nishiyama, Director and Managing Executive Officer, will be promoted to succeed President.
Mr. Nishiyama is 58 years old.
Like Mr. Goto, the current Mizuho Financial Group will serve as president for the second successive generation from a bank.