#Japan #Tokyo #Corporate Governance #Sunshine City #Executive Officer

Sunshine City Corporation's Major Changes

In anticipation of its 50th anniversary in 2028, Sunshine City Corporation has announced that it will implement significant organizational changes and introduce an executive officer system effective April 1, 2026. This decision comes in light of the evolving business environment and the need for extensive urban redevelopment and renovations.

Introduction of Executive Officer System

The newly established system aims to better separate governance and operational execution functions within the company. This will enhance governance and allow for more agile decision-making processes, while also clarifying accountability aligned with the company’s fiscal year. The motivation behind this adjustment is to facilitate major redevelopment projects and improve overall group management as Sunshine City prepares for the next 50 years of its operations.

Organizational Changes

In line with its mission, vision, and values, Sunshine City will also create a new department—Operational Planning Department—which will focus on urban redevelopment and implementation of wide-ranging renovations to increase the overall value of the Sunshine City area. As part of this restructuring, the Real Estate Development Office and its external Property Management (PM) unit will transition to the new department. Additionally, a PM Strategy Office will be established within the Operational Planning Department to further enhance the management of property and development strategies.

Executive Personnel Changes

Several key executive appointments and changes are to take place:

New Directors

• - Toshiyuki Masubuchi: Appointed as Executive Officer and Senior Managing Director, responsible for the Corporate Planning Department and Operational Planning Department.
• - Masaharu Miyajima: External Director, currently holding the position of Executive Vice President at Mitsubishi Estate Co., Ltd.
• - Note: Executive Director Yuji Fujioka will retire on March 31, 2026.

Promotions

• - Hirofumi Kawakami: Promoted to Executive Officer and Senior Managing Director, overseeing the Communications Department and Urban Planning Promotion Department.

Changes in Responsibilities

• - Osamu Murata: Will remain as Executive Officer and Senior Managing Director, with responsibilities covering the Office Business Department and as President at Sunshine City Building Management, Inc.
• - Yuzo Yamada: Holds the position of Executive Officer and Senior Managing Director, overseeing both the Accounting Department and Convention Business Department.

This new structure is designed to navigate the challenges ahead and ensure Sunshine City remains a flourishing and innovative business environment as it approaches its 50th anniversary.

We invite stakeholders and interested parties to download the full PDF release here for additional details, including the complete list of directors and auditors effective April 1, 2026, as well as an organizational chart outlining the new structure.

These strategic changes reflect Sunshine City Corporation's commitment to adapting and evolving as a leader in urban development and management, ensuring sustained growth and success in the coming decades.