He was the unanimous choice of the Argyle board and follows businessman Yasuaki Kagami's investment in April.
BBC: Argyle appoint Japanese president
Read an interview with Yasuaki Sakyo and explore his vision for learning that's rooted in the community of Shibuya.
CNN: Biography: Yasuaki Sakyo and Shibuya University
He will meet the board on Friday, along with Yasuaki Kagami.
What do you think of Yasuaki Sakyo's vision for community-based learning?
Todd and Gardner took a joint 13% share in the Devon club in July 2009, when along with Japanese investor, Yasuaki Kagami, they formed a 51% majority that saw Todd being charged with running the club.
BBC: Keith Todd to remain on Plymouth Argyle board
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