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Nagoya Railroad Co., Ltd. ( (JP:9048) ) has issued an update.
Nagoya Railroad announced a series of officer changes approved in an April 27 board meeting, reshaping its governance structure ahead of the 162nd Ordinary Shareholders Meeting scheduled for late June 2026. The company plans to appoint Meitetsu Transportation director Yukinaga Furuhashi as Senior Audit & Supervisory Board Member, while incumbent senior auditor Tetsuya Sakurai will step down from that role and transition to Executive Officer.
The shake-up also includes the planned retirement of Executive Vice-President Kiyomi Suzuki and Managing Executive Officer Tomonori Kawatsu, with Kawatsu moving to lead Meitetsu City Design Co., Ltd. as managing director. In addition, Meitetsu Kanko Bus president Takahiro Kanamori will become Executive Officer, the Group and is slated to head MEITETSU GROUP BUS HOLDINGS Co., Ltd., changes that signal an internal realignment of leadership across the group’s core transportation and urban services units.
The most recent analyst rating on (JP:9048) stock is a Hold with a Yen1750.00 price target. To see the full list of analyst forecasts on Nagoya Railroad Co., Ltd. stock, see the JP:9048 Stock Forecast page.
More about Nagoya Railroad Co., Ltd.
Nagoya Railroad Co., Ltd. is a major Japanese private railway and transportation group listed on the Tokyo Stock Exchange Prime and Nagoya Stock Exchange Premier. The company operates rail services and related transport businesses in the Nagoya and broader Chubu region, supported by a network of group companies in logistics, bus operations, and urban development.
Average Trading Volume: 878,436
Technical Sentiment Signal: Hold
Current Market Cap: Yen345.3B
Learn more about 9048 stock on TipRanks’ Stock Analysis page.

