Dena chairman retires, stocks fall for two consecutive days

Recently, Dena, a Japanese hand-travel distributor, announced that Springfield, the incumbent's chairman, would retire after the company's 17 wont shareholders ' meeting in June this year.

Chun Shichida initially served in Mitsui Sumitomo, after joining the newly established Dena in February 2000, the same year in September to enter the company's board of directors. 2011, Mr. Chun-Tian became chairman of the board. Before that, he was also the CFO of the company. The retirement of Mr. Chun Shichida also marks the end of the Dena "Iron Triangle Era", which consists of keeping Angong, the south and the Springfield.

On the same day that the official announced the retirement of Mr. Chun Shichida, he also announced the departure of the Japanese Professional Baseball League team, Yokohama Dena, the president of the Gulf star, and handed over to Dena, the former chairman of the South, Ms. Looking back three years ago, Mr. Chun Shichida, who took over as chairman of Dena in the south, bought the Bay star.

Or affected by this news, since 16th, Dena stock has been falling for two consecutive days. As of January 19, the company's shares had fallen 1.04% per cent, at a price of 1421 yen.