Ryobi Holdings has acquired all shares of Shikoku Kisen and restructured its management as of April 1.
Shikoku Kisen was established in 1958 and operates passenger ferries and high-speed passenger ships on five routes departing from Naoshima. Operations will continue unchanged, with only the management structure altered.
Mitsunobu Kojima, Chairman of Ryobi Holdings, has been appointed as the Representative Director and President, and Manabu Tanabe, Executive Officer of Ryobi Holdings, has been appointed as the Representative Director and Executive Vice President COO. Hitomi Nozaki, the former president, along with six other executives, have stepped down from their positions.
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