TOKYO, Apr 01 (Pulse News Wire) – Asiaquest CO.,LTD. (4261.T) announced today that its board of directors held on February 24, 2026, resolved to amend certain provisions of the company's articles of incorporation.
The amendments were approved during the 14th regular shareholders' meeting held on March 30, 2026. The primary purpose of the amendment is to strengthen and enhance the management structure while adapting to changes in the business environment. Key changes include establishing regulations for selecting the position of chairman and allowing more flexibility in determining conveners and chairpersons for shareholder meetings and board sessions. Additionally, the decision-making authority for accounting auditors’ remuneration will now rest with the board rather than individual executive officers.
Specifically, the amended articles stipulate that shareholder meetings will be convened and chaired by a director designated by the board, with clear succession plans in place should the initial appointee be unable to fulfill their duties. Similarly, board meetings will also be convened and chaired by directors appointed through prior board resolution, ensuring continuity and flexibility. Furthermore, the appointment process for the chairman and senior executives has been revised to empower the board with greater control. The effective date of these amendments is set for March 30, 2026, marking a significant step towards improving governance transparency and operational efficiency within the organization.
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