--- title: "Misumi Revamps Top Management, Taps Shimizu as New President" type: "News" locale: "en" url: "https://longbridge.com/en/news/276314283.md" description: "Misumi Group Inc. has appointed Arata Shimizu as the new President, effective April 1, 2026, as part of a management overhaul aimed at sustainable growth. Shimizu, previously with Accenture, will lead a new leadership structure, while Ryusei Ono becomes Chairman of the Board and Kosuke Nishimoto retires. The reshuffle includes several senior promotions and emphasizes digital platforms and technology leadership. The latest analyst rating for Misumi Group (JP:9962) is a Buy with a price target of Yen3446.00, reflecting positive market sentiment." datetime: "2026-02-19T08:24:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276314283.md) - [en](https://longbridge.com/en/news/276314283.md) - [zh-HK](https://longbridge.com/zh-HK/news/276314283.md) --- # Misumi Revamps Top Management, Taps Shimizu as New President ### President's Day Sale - 70% Off - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The latest update is out from Misumi Group ( (JP:9962) ). Misumi Group Inc. has overhauled its top management, appointing Arata Shimizu as Representative Director and President effective April 1, 2026, as part of a transition to a new leadership structure aimed at securing sustainable growth. Shimizu, a former Accenture executive and Misumi’s senior executive in charge of digital transformation, brings deep consulting and technology experience, while incumbent President and Chairman Ryusei Ono shifts to Director and Chairman of the Board and current President Kosuke Nishimoto will retire as Director after the June 2026 shareholders meeting. Alongside the change in representative directors, Misumi announced several senior executive promotions, including elevating Mitsunobu Yoshida to Senior Executive Corporate Officer and President of the ID Business Company, and expanding technology leadership roles for Akira Rikita and human resources oversight for Tsutomu Kato. The reshuffle signals a stronger emphasis on digital platforms, enterprise technology, and regional talent management, suggesting Misumi is positioning its organization to better support long-term growth and competitiveness in its core manufacturing solutions markets. The most recent analyst rating on (JP:9962) stock is a Buy with a Yen3446.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page. **More about Misumi Group** Misumi Group Inc. is a Japan-based industrial components supplier that provides precision mechanical parts and configurable components to manufacturers worldwide. The company focuses on supporting factory automation and production efficiency through a catalog and online platform model, serving customers across automotive, electronics, and other manufacturing sectors. **Average Trading Volume:** 1,205,394 **Technical Sentiment Signal:** Buy **Current Market Cap:** Yen820.5B For an in-depth examination of 9962 stock, go to TipRanks’ Overview page. ### Related Stocks - [9962.JP](https://longbridge.com/en/quote/9962.JP.md) ## Related News & Research - [Revenue Beat: Furuya Metal Co., Ltd. Exceeded Revenue Forecasts By 55% And Analysts Are Updating Their Estimates](https://longbridge.com/en/news/286657567.md) - [A Look At Japan Post Bank (TSE:7182) Valuation After Earnings Jump And New Medium Term Plan](https://longbridge.com/en/news/287030627.md) - [SBI Holdings Earnings Call Flags Record Profits](https://longbridge.com/en/news/287025755.md) - [Assessing Japan Tobacco (TSE:2914) Valuation After Strong First Quarter Sales And Net Income Results](https://longbridge.com/en/news/287097751.md) - [Assessing Shizuoka Financial Group (TSE:5831) Valuation After FY 2026 Results And Board Leadership Review](https://longbridge.com/en/news/286786560.md)