Tsuyoshi Hasebe will become the modern chair and group chief executive of Nikkei, as the company—owner of the Financial Times—adapts to generative AI and changing market conditions.
The leadership change will see current chair Naotoshi Okada step into the role of corporate adviser. This transition occurs as Nikkei navigates a shift from print to digital media and addresses demographic challenges in its home market of Japan.
Hasebe has prioritized international expansion and digitalization, aligning with broader trends among Japanese corporations responding to a shrinking domestic population and evolving consumer behavior.
From 2020 to 2024, Nikkei’s sales increased by 16 percent, with net profit reaching ¥8.3bn ($53mn). Hasebe stated his commitment to the continued growth of the employee-owned group as a global media organization, emphasizing the importance of safeguarding its values “at a time when the global order founded on democracy and freedom faces strong headwinds.”
Nobuhisa Iida will succeed Hasebe as Nikkei’s president and chief executive, overseeing the company’s day-to-day operations. Iida began his career at Nikkei as an economics reporter in 1987 and has held roles including editor-in-chief of Nikkei Business and head of the company’s digital business since 2020.
Nikkei pioneered a paywall for its content and, by the end of 2024, had surpassed 1 million paid digital subscribers. Iida affirmed a commitment to quality journalism even as embracing generative AI, stating, “We will boldly embrace the use of generative AI, while remaining firmly committed to the principle that responsible journalism is driven by people.”
The appointments are pending approval by the board following the annual shareholder meeting on March 26.
Frequently Asked Questions
Who will be the new chair and group chief executive of Nikkei?
Tsuyoshi Hasebe will become the new chair and group chief executive of Nikkei.
What role will Naotoshi Okada seize on after the changeover?
Naotoshi Okada will step aside to become corporate adviser.
How many paid digital subscribers does the Nikkei have?
By the end of 2024, the number of paid subscribers to the digital edition of the Nikkei had passed 1 million.
How will Nikkei balance the use of artificial intelligence with the need for responsible journalism?
