RAKSUL INC. announced that, following deliberations by the Nomination and Remuneration Committee, the following changes to the representative director and new management structure were approved at the Board of Directors meeting held on July 20, 2023. The board approved the appointment of Yo Nagami as CEO. Yo Nagami, the newly appointed Representative Director, President and CEO, joined the Company in 2014.

As CFO, he has demonstrated leadership across domains such as business, human resources, and finance and has been a driving force in increasing the corporate value of group. Yasukane Matsumoto is the current CEO. Career summary of Yo Nagami: April 2004-Joined Mizuho Securities Co.

Ltd., August 2006-Joined Carlyle Japan LLC., September 2013-Joined DeNA Co. Ltd., April 2014-Joined RAKSUL INC., and assumed office as General Manager of Corporate Planning Department, October 2014-Director, CFO at RAKSUL INC. (to present), October 2020-Auditor at Peraichi Inc. (to present), August 2022-SVP of Corporate at RAKSUL INC. (to present), August 2022-Director at HACOBELL INC. (to present).