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Benesse reshuffles president again amid recovery push

Tamotsu Adachi will become president of Benesse on Oct. 1.

TOKYO -- Benesse Holdings' latest leadership reshuffle is stirring concern that the Japanese educational company may be drifting astray amid a tough recovery battle.

The company said Friday that Tamotsu Adachi, who chairs the Japan buyout advisory team of U.S. private-equity fund Carlyle Group, will take the helm as president Oct. 1. Kenichi Fukuhara will become vice chairman after just three months as president, having replaced Eikoh Harada, who resigned abruptly.

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