TOKYO, May 14 (Pulse News Wire) – Cota CO.,LTD. (4923.T) announced today that its board of directors held, resolved to propose amendments to the company's articles of incorporation at the upcoming 47th annual shareholders' meeting scheduled for June 19, 2026.
The proposed changes aim to align with the company’s current business status and clarify its objectives by adding educational initiatives aimed at talent development. Additionally, the term of office for directors will be reduced from two years to one year to enhance responsiveness to changing business environments and increase opportunities for shareholder trust. As a result, provisions related to term adjustments will be removed.
The planned amendments include: - Addition of educational initiatives for talent development under Article 2 of Chapter One. - Reduction of director tenure from two years to one year under Article 21 of Chapter Four, removing the provision for term adjustments. The revised articles are expected to take effect on June 19, 2026, upon approval during the shareholders’ meeting.
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