Dainichiseika Color & Chemicals Mfg.Co.,Ltd. [4116.T]
TOKYO, Jun 26 (Pulse News Wire) – Dainichiseika Color & Chemicals Mfg.co.,ltd. (4116.T) announced that its shareholders approved the continuation of the company's large-scale share buyback plan at the 123rd Ordinary General Meeting held on June 26.
The plan was initially proposed during the board meeting on April 15, 2026. Following the approval, the company appointed three independent committee members as per the plan’s requirements. The newly selected independent committee members include Wakaba Yoshimichi, a former executive director at Long Industry Co., Ltd.; Ishii Shuichi, a tax advisor who previously served in various roles within the Tokyo Tax Bureau; and Takamatsu Hiroyasu, also a tax advisor with extensive experience in the Tokyo Tax Bureau.
Each member brings significant expertise to their respective positions without any special interests conflicting with the company’s operations. The detailed information regarding the share buyback plan can be found in the timely disclosure dated April 15, 2026. Additionally, the company highlighted that both Yoshimichi and Ishii have been recognized as independent directors by the Tokyo Stock Exchange.
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