Kadokawa Dwango President, Chairperson Swap Positions
posted on by Egan Loo
Kadokawa Dwango, the parent company of the Japanese media company Kadokawa and the telecommunications company Dwango, announced on Tuesday that President Tatsuo Satō (pictured right) and Chairperson Nobuo Kawakami will exchange positions. The transition will officially take place on June 23, subject to approval at the shareholders' meeting that day. Both leaders will retain their representative director positions.
Kadokawa Dwango explained that the change is aimed at raising the value of the company and accelerating its growth through a new structure.
62-year-old Satō was an editor at Kadokawa Shoten on such magazines as Comptiq, before rising through the managerial ranks to his current position. 46-year-old Kawakami was the president of Dwango, before Kadokawa and Dwango began efforts to merge the two companies. Kawakami also served as a "producer-in-training" at Studio Ghibli and is now a board director of new Evangelion films' studio Khara.
Kadokawa was the parent company of the several publishing brands such as Kadokawa Shoten, Fujimi Shobo, and Enterbrain, before a restructuring this year dissolved some of those brand names. Dwango is the corporate parent of the game companies Spike Chunsoft and MAGES., as well as of Niwango, the company that runs the Niconico video-sharing site.