TOKYO, May 19 (Pulse News Wire) – Buffalo Inc. (6676.T) resolved today to propose amendments to its articles of incorporation at its upcoming annual general meeting scheduled for May 19, 2026.
The proposed changes would allow the company to hold virtual shareholder meetings without a physical location, expanding options for convening such gatherings. The amendments stem from revisions to laws aimed at enhancing industrial competitiveness, which permit listed companies to conduct meetings solely online under certain conditions. Buffalo Inc. believes this move aligns with societal digital advancements and helps mitigate risks associated with unexpected pandemics or large-scale natural disasters.
The company has received confirmation from the Minister of Economy, Trade and Industry and the Minister of Justice that it meets the necessary criteria outlined in government regulations. Under the proposed amendment, Article 12 of Chapter III of the Articles of Incorporation would be updated to include a new clause allowing for virtual-only shareholder meetings. Specifically, the revised Article 12(2) states that the company can opt to hold meetings without specifying a physical venue. Buffalo Inc.'s shareholders will vote on the proposed changes during the annual general meeting set for June 25, 2026.
If approved, the modifications will take effect immediately upon approval.
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