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Notice of change of representative director of NAXA Corporation

Notice of change of representative director of NAXA Corporation *NAXA*
Press release: September 20, 2024
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Notice of change of representative director of NAXA Corporation *NAXA Co., Ltd. (Headquarters: Bunkyo-ku, Tokyo, hereinafter “NAXA”), which brings innovation to the television and entertainment industry, will be established as of October 1, 2024.
We would like to inform you that Shoya will be appointed as the new representative director and president. *
From left in the photo: New CEO Masaya Nakamura, founder and former CEO Shuhei Urabe
* ・Background of change of representative director*
NAXA will enter its fourth term in October 2024. In the startup industry, it is said that more than half of companies go out of business or go bankrupt within three years of their establishment, but the reason NAXA has been able to continue to grow is all thanks to the support from our many customers. Thanks to you.
The television and entertainment industry is currently undergoing a period of major change. In order to aim for further growth, NAXA has recently reformed its management structure and replaced its
representative director.

Urabe, the founder and former CEO, has always had a strong desire to contribute to the development of not only the television and entertainment industry, but the startup industry as a whole. In addition, NAXA’s main activities have so far been contract development and research and development centered on technological capabilities, but with the growth of existing projects and AI-related products, we will not only provide technical support for individual projects, but also expand our business operations. We need to establish a management structure that is committed to growth as a company, and we have been discussing this issue for some time.

Urabe has been working as the representative director of NAXA so far, but he has decided to resign in order to work even more towards the development of the startup industry as a whole. Although the representative director will resign, he plans to continue working toward “transformation” in the broadcasting industry.

In addition, Mr. Nakamura, who will be newly appointed as
Representative Director, has the experience and trust gained from working with many customers, and a strong desire to unleash the Japanese entertainment industry. By growing NAXA into a larger organization, we will contribute to the development of the entire industry and promote further innovation.

We look forward to your continued patronage.

* ・About NAXA*
NAXA is a tech venture company specializing in the television and entertainment industry, and is mainly made up of engineers and creators in their 20s and 30s. In the three years since our
establishment, we have provided software development and technical support using the cloud for over 50 projects, including live streaming and missed streaming apps for broadcast stations and major venture companies.
In addition, we have recently focused on developing our own products that utilize AI, focusing on the fact that personnel expenses make up the majority of costs in the entertainment industry. We work every day with the aim of bringing innovation to the television and
entertainment industry as a whole by freeing people from simple tasks and complex workflows and providing an environment where they can focus on more creative activities.

* ■Company profile*
Company name: NAXA Corporation
Address: 3-39-9 Hongo, Bunkyo-ku, Tokyo
Established: October 2021
HP: https://www.naxa.co.jp/







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